News
Spanish energy company, Enagás' has announced its net profit amount in the first half of the year is €176.8 million. This is in line with the targets set for the whole year.
Enagás becomes partner of Hanseatic Energy Hub
Positive outcomes and contributions to this include:
• Net capital gains of €42 million from the sale of Enagás' stake in the Morelos gas pipeline in Mexico
•…
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Fluor Corporation has announced that it was awarded an engineering, procurement and construction (EPC) contract by Mitsubishi Chemical Group for its SoarnoL ethylene vinyl alcohol copolymer (EVOH) facility in Saltend Chemicals Park, Hull, UK.
SoarnoL is a high gas-barrier resin used to produce packaging materials that help extend the flavor and quality of foods, resulting in reduced food…
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‘ExxonMobil and Nucor sign for CCUS’, ‘Koch and Chart Industries sign CCUS MoU’ and ‘Sekisui Chemical and Tokai Carbon partner for CCUS’. These are just a few of the recent headlines Tank Storage Magazine has covered.
Every month, more companies announce they are joining forces to partner for carbon capture, utilisation and storage to help in the battle against global climate…
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Eni has announced the acquisition of Chevron interests, including operatorship, in the Indonesian blocks Ganal PSC (Chevron 62%), Rapak PSC (Chevron 62%) and Makassar Straits PSC (Chevron 72%), in the Kutei Basin, offshore East Kalimantan.
Eni already has a 20% interest as non-operator in the Ganal and Rapak blocks.
The acquisition is an important step, particularly for the opportunity to…
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Gevo has entered into a master services agreement (MSA) with a subsidiary of McDermott to provide front end engineering and early planning services for Gevo’s development of multiple sustainable aviation fuel facilities in North America.
The first facility, Net-Zero 1, is expected to be located near Lake Preston, South Dakota. The Net-Zero 1 plant is expected to produce up to 65 million…
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The conversion and assembly work at Germany's largest integrated bio-LNG plant with bio-CO2 liquefaction, BioEnergie Park Güstrow in Mecklenburg-Western Pomerania, has just been completed.
The EnviTec Biogas team is now ready to start placing the plant into operation.
Frank Hinken, MD of EnviTec Bioenergie Güstrow says: 'Now that the last component, the 300,000-litre LCO2 tank made of…
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The Board of Directors of Vopak Terquimsa has approved the start of the engineering works for the development of the fourth phase of expansion of its capacity at the chemicals quay in the Port of Tarragona, Spain.
This fourth phase will involve the construction of an additional 37,000 m3, dedicated to the storage of chemical products, often for circular economy projects and the energy…
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The Hydrogen Utility (H2U) and Vopak Terminals Australia (Vopak) have announced their collaboration in relation to H2U’s H2-Hub Gladstone project, a multi-billion renewable energy complex producing green hydrogen and green ammonia, proposed to be established in Gladstone, Queensland, Australia.
H2-Hub Gladstone is the largest green hydrogen and green ammonia development in Queensland, with 3…
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AntwerpXL is once again looking for the top forty breakbulk, project cargo and heavy lift professionals under the age of 40.
XL 40 Under 40 celebrates young professionals who have either achieved greatness already or have the potential to become the next generation of industry leaders.
Breakbulk and heavy lift pros are encouraged to nominate themselves, their colleagues and their peers if they…
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TotalEnergies has acquired a 100% stake in renewables company, Total Eren. The deal follows the strategic agreement signed between TotalEnergies and Total Eren in 2017, which granted TotalEnergies the right to acquire all of Total Eren after a five-year period.
The Total Eren team will be fully integrated within TotalEnergies’ renewables business unit. This should result in an increase in…
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Koole Terminals has expanded its renewable storage tanks in Liverpool, UK, positioning itself as a major player in the energy transition.
With an experienced and well-oiled team, Koole converted and prepared four storage tanks for a leading international client in record time. These are Koole’s first tanks prepared specifically to store sustainable renewable feedstock.
Koole offers…
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https://vimeo.com/839640645/6d4c14c72a?share=copyExecutive summaryHosted by Tank Storage Magazine, the experts from Owens Corning discuss how thermal insulation can drastically increase energy and emissions savings and reduce overall lifetime costs at tank terminals.Real-life examples showcase the potential benefits of tank base insulation systems and different solutions for both new built as…
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Equinor has settled an agreement with Denham Capital to acquire Rio Energy, a leading onshore renewable fuels company in Brazil.
The deal is in line with Equinor’s strategy to grow its onshore renewables business in select markets, through acquisition of local companies with high-quality teams and project pipelines.
Following the transaction, Equinor will hold a 100% stake in Rio Energy and…
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Construction and infrastructure services group, Dura Vermeer is responsible for part of the dismantling of the Rotterdam company Aluchemie on the Oude Maasweg.
On 6 July project director at Aluchemie, Geir Arne Nilsen and directors at Dura Vermeer, Monica Melis and Henk-Jan Slager signed the construction contract for the work.
In February 2021, the production company Aluchemie, in Rotterdam,…
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Applus UK’s tank inspection team has allowed it to become the newest member of EEMUA’s Associate Scheme.
The Applus team has wide experience in the field of storage tank testing and inspection and assisting tank owners to optimise their inspection intervals based on detailed inspection data and the application of remaining-life and RBI principles.
The team’s tank inspectors are supported…
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Japan Organisation for Metals and Energy security (JOGMEC) has expanded its cooperation with Abu Dhabi National Oil Company (ADNOC).
The expanded agreement was announced during the JAPAN-UAE Business Forum held in Abu Dhabi and adds the evaluation and application of technologies relating to carbon capture, utilisation and storage (CCUS) and methane management to existing areas of…
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Global towage provider, Svitzer and part of A.P. Moller-Maersk, has signed a 15-year agreement to service Gastrade’s Alexandroupolis Independent Natural Gas System (Alexandroupolis INGS) LNG terminal, the first offshore LNG project in Greece.
Svitzer will apply its global terminal towage expertise and experience to rapidly set up towage services and support for advanced LNG operations at the…
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[caption id="attachment_25716" align="alignleft" width="300"] LBC Antwerp. Image: LBC Tank Terminals[/caption]
LBC Tank Terminals has taken the final investment decision to expand the terminal in Antwerp, Belgium and has started the construction of 28 tanks, collectively providing a significant storage capacity of 80,000 m³.
An integral part of the project is a state-of-the-art loading station…
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Impala and Exor have announced a new joint venture, TagHolding, to develop TagEnergy, a fast-growing company operating in the renewables and energy storage sectors. TagHolding will be TagEnergy’s largest single shareholder
Jacques Veyrat, Impala’s CEO, says: ‘I am very excited to partner with Exor, a firm that shares Impala’s values and a common vision of responsibility towards the…
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UAE’s clean energy company, Masdar, Mitsubishi Chemical Group Corporation and INPEX have signed an agreement to explore production of the world’s first commercial-scale polypropylene made from CO2 and green hydrogen in Abu Dhabi.
The green hydrogen and CO2 will be converted to e-methanol which will subsequently be converted to propylene and polypropylene.
[caption id="attachment_37426"…
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A new HCSS report finds that in a large-scale conflict, the Netherlands and the wider EU would struggle to meet surging military fuel demand while keeping the civilian economy running.
_via @TankStorageInfo
https://tankstorage.com/all-news/partner-news/europe-risks-fuel-shortages-in-wartime-new-hcss-report-warns/