Terminal News
NeuVentus has received storage permits at its Texas Reliability Underground (TRU) hub salt cavern storage project in liberty county, Texas, USA. The Texas Railroad Commission permits provide for 12 salt caverns capable of storing natural gas, hydrogen, natural gas liquids and other products at TRU Hub, which is located in Southeast Texas in the heart of LNG, power, data centre, industrial and…
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Technip Energies has been awarded a Front-End Engineering Design (FEED) contract by Jet Zero for Project Ulysses, a bioethanol to sustainable aviation fuel (SAF) project located in Townsville, Australia.
The FEED covers an extensive package of engineering activities, documentation and planning to refine the cost estimate for the project and develop detailed timelines.
The project aims to…
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ADNOC has announced the signing of a 15-year sales and purchase agreement with Mitsui & Co on its LinkedIn. The SPA is for the delivery of up to 0.6 million tonnes per annum (MTPA) of lower-carbon LNG from ADNOC's Ruwais LNG project.
This marks the fifth long-term LNG SPA for Ruwais LNG and further reinforces ADNOC’s commitment to Japan’s energy security and the supply of cleaner energy…
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VTTI have announced that Wei-Sun Teh has been appointed as the new chair of supervisory board.
On a post on LinkedIn, VTTI says: ‘Wei-Sun brings a wealth of experience in infrastructure investments and long-term asset stewardship through his executive director role at IFM Investors, where he has helped shape global strategies across energy and transport. We are confident that his insight,…
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NextDecade Corporation and TotalEnergies have joined together in a sale and purchase agreement (SPA) for LNG offtake from Train 4 at the Rio Grande LNG Facility, Texas, USA.
Under the terms of the SPA, TotalEnergies Gas & Power North America, Inc. will purchase 1.5 million tonnes per annum (MTPA) of LNG for 20 years on a free-on-board basis at a price indexed to Henry Hub, subject to a…
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Bp have announced an oil discovery at the Far South prospect in the deepwater US Gulf of America.
Bp drilled the exploration well in Green Canyon Block 584, located in western Green Canyon approximately 120 miles off the coast of Louisiana in 4,092 feet of water. The well was drilled to a total depth of 23,830 feet. The Far South co-owners are Bp (operator, 57.5%) and Chevron (42.5%).
Both the…
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Mitsui has made a decision to invest in the Blue Point low-carbon ammonia production project in the USA. The final investment decision for the project was made together with CF Industries and JERA.
The project will involve construction in Louisiana of one of the world’s largest low-carbon ammonia facilities in the world, with an annual production capacity of approximately 1.4 million tonnes.…
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Royal Vopak announces the signing of Note Purchase Agreements for a debt issuance in the US Private Placement (USPP) market for a total amount of $325 million and €260 million (equivalent to around €560 million total). Funding will take place in June 2025 and is subject to customary closing conditions.
This Notes Program consists of various EUR and USD tranches with maturities ranging from…
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Chane terminal Botlek has completed a major upgrade for a leading customer, enhancing the storage, handling, and logistics of base oils.
In a post on LinkedIn, Chane says: ‘At the heart of this improvement is tank pit 16, designed with a clear focus on speed, safety, and efficiency. With 5 new base oil grades, 6 pipelines to the jetties, additional pumps, and an advanced truck loading station,…
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Aramco, China Petroleum & Chemical (Sinopec), and Yanbu Aramco Sinopec Refining (Yasref) have announced the signing of a venture framework agreement (VFA) intended to pave the way for a major petrochemical expansion at Yasref, in Yanbu, on the west coast of Saudi Arabia.
Coinciding with Yasref’s 10th anniversary, the agreement seeks to advance engineering studies for the development of a…
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Snam has agreed to acquire Abu Dhabi's Infinity Investments' 24.99% stake in the share capital of Vier Gas Holding (VGH) – a Luxembourg-based company, which indirectly owns the entire share capital of Open Grid Europe (OGE) – for an equity value of €920 million.
OGE is Germany's largest independent gas transmission operator, managing a network extending for approximately 12,000 km, with an…
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Stolthaven's Houston (USA) terminal has been working with XL Batteries to commission the company's first pilot project, using organic flow batteries to store energy. In a post on LinkedIn, XL Batteries says: 'Our team is rethinking grid-scale storage by harnessing abundant organic chemistry and modular design to build safer, more durable, and capital-efficient solutions for the energy transition…
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Neste, the world’s leading producer of sustainable aviation fuel (SAF), has started producing SAF at its renewable products refinery in Rotterdam, the Netherlands. The refinery has been modified to enable Neste to produce up to 500,000 tonnes of SAF per annum. As a result, Neste’s global SAF production capability has increased to 1.5 million tonnes (around 1.875 billion litres) per…
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Wärtsilä is set to expand its state-of-the-art technology centre Sustainable Technology Hub in Vaasa, Finland, with a €50 million total investment.
Expanding the R&D testing capabilities and facilities will enhance Wärtsilä’s ability to meet the growing demand for developing and delivering sustainable technologies in marine and energy and to support fuel applications needed in the…
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Three new tanks have successfully completed hydrotesting at Quantem's Pelican Point Terminal in Australia. The tanks are now being painted, moving closer to commissioning in the coming months.
Constructed using over 1,400 tonnes of Australian steel and delivered with 165,000 site hours - without an MTI or LTI - this project showcases Quantem’s commitment to safety and quality.
The diesel…
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Technip Energies has been awarded a major contract by Blue Point Number One, a joint venture between CF Industries, JERA, and MITSUI & CO, for the BluePoint Number One ATR Project in Donaldsonville, Louisiana, USA. This project aims to deliver the world's largest low-carbon ammonia plant with a capacity of approximately 1.4 million tonnes per year.
Technip Energies will perform the…
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Exolum has announced that its team in Houston, United States, has taken another step forward in strategy by partnering with the Greater Houston Port Bureau, a non-profit trade organisation dedicated to promoting collaboration and advancing the maritime industry.
On a post on LinkedIn, Exolum says: ‘This partnership and its network will be of great support to Exolum, as it will keep us…
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Wood has won a three-year contract to provide specialist technical support to Petroleum Development Oman (PDO) - the country’s primary oil producer.
Under the contract, 65 of Wood’s engineering and project management specialists will form part of PDO’s front-end engineering design (FEED) office, delivering complex front-end energy transition and carbon capture projects for PDO.
The cohort…
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Neste and DB Schenker have collaborated to work towards expanding DB Schenker’s adoption of Neste MY Renewable Diesel in Asia-Pacific. This partnership underscores the shared commitment of both companies to progress towards lower-emission logistics.
Both companies embarked on a trial which took place from December 2024 to February 2025, in which Neste MY Renewable Diesel was used in Singapore…
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Energy companies Mabanaft and HIF Global have signed an agreement for the planned purchase of e-methanol, reaffirming their commitment to promoting carbon-reduced fuels for the shipping industry. The initial purchase would be up to 100,000 tonnes of e-methanol per year, which is produced from renewable electricity and captured CO₂.
The agreement is the starting point for negotiations to…
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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/