Terminal News
Glencore has taken over the processing contract for Wilhelmshaven oil refinery from Hartree as it enters into an agreement with the refinery’s owner, HES International. According to Reuters’ report, Glencore will supply feedstocks to the refinery, as well as sell its refined fuels.
The Wilhelmshaven refinery is situated at HES International’s tank terminal site. The refinery has been…
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Taifa Gas has entered the final stage of construction on its LPG import terminal at the Dongo Kundu Special Economic Zone, Mombasa, Kenya. Hydrostatic testing is being carried out before the facility moves to the commissioning stage in the coming months.
Once completed, the KSh16 billion (€107.5 million) terminal project will be East Africa’s largest LPG storage terminal with a capacity of…
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India’s Oil and Natural Gas Corporation (ONGC) will reserve half of its planned oil storage facility to meet the country’s strategic oil reserve needs.
ONGC announced in July 2026 that it would build a strategic petroleum reserve (SPR) with a capacity of 1.75 million tonnes in Mangaluru, Karnataka state, India. Mangalore Refinery and Petrochemicals (MRPL) already operates a 300,000 barrels…
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Exolum has finished the purchase of a minority stake in SeaSeaS Amsterdam, a multimodal CO2 export terminal that will be situated at the Port of Amsterdam, the Netherlands and operational from 2030.
SeaSeaS Amsterdam will be able to handle up to 3.5 million tonnes of biogenic and non-biogenic-sourced CO2 annually, receiving the CO2 by vessel, rail, road and pipeline. The CO2 will then be…
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Vopak has reported a revenue of €677 million for the first half of 2026, stating in its press release that this was ‘supported by healthy demand for storage infrastructure services across geographies and markets, underpinned by a continued strong occupancy rate of 91%.’
The company claims that its oil and chemical terminals saw strong activity due to high infrastructure demand across the…
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The Oman Tank Terminal Company (OTTCO) has invited engineering, procurement and construction (EPC) contractors to apply for pre-qualification for its new tank storage project.
Plans include the construction of eight crude oil storage tanks at the Raz Markaz Oil Storage Terminal, Duqm, Oman. Each tank will have a capacity of 650,000 barrels (bbl), bringing the terminal's storage capacity to a…
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The Scottish government has pledged £755,720 (€882,012) to support phase 3 of Veri Energy’s e-fuels hub at Sullom Voe Terminal (SVT), the Shetland Islands. Establishing the site will allow the area to retain and retrain oil and gas workers, support local businesses and contribute to clean fuel manufacturing expertise. When operational in 2030, the site will produce hydrogen and e-methanol,…
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MT Group has been awarded a major construction contract by Cobra IS/Sener consortium, focusing on implementing Balance of Plant infrastructure at German LNG Terminal. The aim of the project is to enable the reliable import of LNG to Germany and surrounding European markets, with a future aim of supplying green LNG and hydrogen derivatives.
The terminal, developed by German LNG Terminal GmbH…
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Abbas Assadrouz, head of the Iranian Oil Terminals Co, has confirmed that Iran is accelerating the completion of important safety upgrade projects at its Kharg Island oil terminal in direct response to the US’ attacks on the facilities. Notably, one project is a fire detection and firefighting system for crude oil storage tanks.
Kharg Island is about 25km from Iran’s coast, and has a close…
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Baniyas maritime terminal, situated on the west coast of Syria, has announced the arrival of two fuel shipments in an effort to maintain petroleum product supplies in the domestic market.
The Syrian Petroleum Company connected the two vessels – one carrying 64,324 tonnes and the other 5,620 tonnes of liquified gas – to terminal facilities, including storage tanks onsite.
According to…
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The US Department of Energy (DOE) has allocated up to $65.5 million (€57.5 million) in federal funding to support the cost-shared research, development and deployment of domestic oil and natural gas projects.
The funding will be used to produce domestic oil and gas, improve the efficiency and reliability of critical energy infrastructure and convert underutilised resources, supporting…
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Australian government officials have confirmed plans to fund a AU$4 million (€2.5 million) early-stage feasibility study into the construction of the country’s first oil refinery in 60 years.
Past refinery closures mean that around 90% of Australia’s liquid fuels are imported, with the recent international oil crisis highlighting Australia’s fuel insecurity. There are currently two…
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The Eastern Mediterranean Petrochemical Cluster (DAPEK) has exceeded $3 billion (€2.6 billion) in investment, with the majority coming from the $2 billion (€1.7 billion) polypropylene production facility and liquid bulk terminal. DAPEK is developed by Rönesans Holding in Ceyhan, Adana, Türkiye.
DAPEK offers development plots and a multimodal logistics infrastructure that connects road,…
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KN Energies, Klaipėda LNG terminal’s operator, has offered additional invitation to submit requests after reviewing the results of its 2027 Klaipėda LNG terminal capacity allocation procedure.
As part of the invitation, market participants can submit requests for allocation including regasification, LNG reloading, or a combination of the two. After receiving the requests, the operator will…
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The UK’s Ministry of Defence (MoD) has purchased Finnart Oil Terminal in a multi-million-pound investment, strengthening the Royal Navy’s operational resilience and control over critical energy infrastructure in a time of heightened global tensions.
Finnart Oil Terminal, situated on Scotland’s west coast, will be owned by the MoD and operated by the Oil and Pipelines Agency,…
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Centrica urges government action as falling customer contacts mean its Rough gas storage facility, situated in the North Sea, will have to close by April 2027. For now, the company has cut 1,300 jobs; 500 in June 2026 with 800 more to go in the future.
Rough has been producing remnant gas while Centrica lobbies the government for a £2 billion project that would turn the facility into an…
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The Vancouver Fraser Port Authority is looking for an operator for its Fraser Wharves terminal site in Richmond, Vancouver, Canada, as part of an expansion project. The project offers potential operators a brownfield site with existing marine, rail and road connections.
The Port of Vancouver is Canada’s largest and North America’s most diversified port. In 2025, it moved 131 million metric…
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The Port of Split, the only entry point for bitumen supply in Dalmatia, is investing €8 million in bitumen onshore storage tanks, making it the first port in the country to do so.
With the construction of modern onshore tanks, part of a project that includes extensive documentation and the eventual implementation of infrastructure over the next two years, the existing model of temporary…
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Seven oil and gas companies have applied to secure offshore exploration rights in New Zealand after Labour confirms that a party win in the November election would mean the reimposition of its offshore exploration ban. However, it would honour existing permits.
Last year, the conservative government overturned an offshore drilling ban imposed by Jacinda Ardern’s Labour government in 2018…
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Panamá’s government has acquired Petroterminal de Panamá after buying the remaining 41% private stake in the company, ensuring national control for the country’s most important strategic infrastructure. Petroterminal was developed and managed by NIC Holding in association with the Republic of Panamá.
Petroterminal stores, transships and transports hydrocarbons through a 131km pipe that…
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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/