Terminal News
Crowley is enhancing the resiliency of its Isla Grande logistics terminal in San Juan, Puerto Rico, with the installation of a microgrid fuelled by liquefied natural gas (LNG).
The innovative energy system will provide a reliable power supply tailored to support the terminal’s daily operations, such as powering its terminal equipment, refrigerated containers, and administrative and maintenance…
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MOL Chemical Tankers has announced that Fairfield Chemical Carriers has officially merged into MOL Chemical Tankers, effective April 1, 2025.
With this, all planned changes, including asset and contract transfers, and the unified brand integration under ‘MOL Chemical Tankers,’ will be implemented from the effective date.
This merger marks a significant step in strengthening MOL Chemical…
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Shell Eastern Trading has completed the previously announced acquisition of 100% of the shares in Pavilion Energy.
Pavilion Energy, headquartered in Singapore, operates a global LNG trading business with contracted supply volume of approximately 6.5 million tonnes per annum (mtpa). The acquisition includes Pavilion Energy’s portfolio of LNG offtake and supply contracts, regasification…
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VARO Energy has reached an agreement to acquire Preem through the purchase of 100% of the share capital of the parent company, Corral Petroleum Holdings, in an all-cash transaction. Subject to customary closing conditions and the receipt of regulatory approvals the transaction is expected to be completed in the second half of 2025.
The agreement follows a competitive M&A process that began…
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Avenir Ascension is to become the first bunker vessel world-wide to continuously run on bio-LNG for 2025.
As of 1 April 2025, Avenir Ascension will use bio-LNG for its own propulsion. The vessel will run 100% on bio-LNG for the remainder of 2025, reducing Avenir's CO2 emissions by more than 3,500 tonnes per year, equivalent to the annual emissions of over 2,000 passenger vehicles. As a leading…
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Wärtsilä will supply three 25DF dual-fuel engines for a new 18,600 m3 capacity LNG Bunkering vessel being built for Spanish operator Ibaizabal. The engines will feature Wärtsilä’s NextDF technology, which reduces methane emissions when operating with LNG fuel. The ship is being built at the Hudong-Zhonghua Shipbuilding yard in China, and the order was booked by Wärtsilä in Q4 2024.
LNG…
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SEFE Securing Energy for Europe and Delfin Midstream (Delfin) have signed a heads of agreement for the long-term supply of 1.5 million tonnes of LNG per year for at least 15 years.
The LNG will be sourced from floating LNG (FLNG) vessels that Delfin is deploying approximately 40 miles offshore near Cameron, Louisiana, on the US Gulf Coast. The free-on-board (FOB) deliveries will commence…
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JERA, EDF Trading (EDFT) and JERA Global Markets (JERAGM) have announced the expansion of JERAGM’s remit by its shareholders to include Japanese power trading. The respective Japanese power trading businesses of JERA and EDFT will be merged to operate alongside JERAGM’s global trading and optimisation business. JERAGM is a joint venture between shareholders JERA (66.67%) and EDFT (33.33%) and…
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Equinor, Shell and TotalEnergies have made a final investment decision (FID) to progress phase two of the Northern Lights development. The decision was made after signing a commercial agreement with Stockholm Exergi to transport and store 900.000 tonnes of biogenic CO2 annually for 15 years.
Customer commitment is a decisive part of realising a carbon capture, transportation and storage (CCS)…
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Aramco and Air Products Qudra (APQ) have announced that Aramco has completed the acquisition of a 50% equity interest in the Jubail-based (Saudi Arabia) Blue Hydrogen Industrial Gases (BHIG). The agreement brings together experts in their respective fields with the aim of providing the Jubail Industrial City area with hydrogen, including lower-carbon hydrogen, at scale.
BHIG targets the…
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Arun Sriskanda, managing director at Oikos Storage, has been elected as the new President of the Tank Storage Association (TSA), the trade association representing all aspects of the UK’s bulk storage and energy infrastructure industry. Arun succeeds Wilma Kelly, safety, sustainability and engineering director at Certas Energy.
Peter Hollister, Group Head of Fuels and Lubricants at ASCO, has…
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TotalEnergies has announced investment decisions for six battery storage projects. In total, these projects amount to 221 MW of new storage capacity and an investment outlay of €160 million.
These projects were developed by Kyon Energy, a TotalEnergies affiliate acquired in 2024, and most will use next-generation batteries supplied by Saft, a TotalEnergies affiliate and leader in advanced…
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Golar LNG has entered into finance lease agreements with a consortium of leading Chinese leasing companies for the refinancing of the existing FLNG Gimi debt facility. The sale leaseback facility will be approximately $1.2 billion (€1.1 billion). The transaction is subject to closing conditions including documentation and third-party approvals. The facility is expected to close within Q2…
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A delegation of key stakeholders from Poland’s biomethane sector, led by the Polish Biomethane Organization, visited the VIDA bioenergy plant in Tilburg, Netherlands, to gain key insights into the latest advancements in biomethane production.
The visit focused on four key areas:
Cutting-edge technologies driving the biomethane industry
Best practices in plant management and operational…
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BP and Apollo have reached agreements for Apollo-managed funds to purchase a 25% non-controlling stake in BP Pipelines (TANAP), BP TANAP - the BP subsidiary that holds BP’s 12% interest in TANAP, owner and operator of the pipeline that carries natural gas from Azerbaijan across Türkiye. Under the agreement, Apollo funds will purchase the non-controlling shareholding in BP TANAP for a…
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Storagetech has announced the successful completion of a tailor-made external floating roof mechanical seal order for Saudi Aramco Jubail Refinery (SASREF) in Saudi Arabia.
Storagetech was responsible for the design, material supply, fabrication, packaging, and installation supervision of scissor-type primary, secondary, and fabric mechanical shoe seals for three storage tanks with diameters of…
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Tepsa is taking a step towards sustainability with its first-ever storage terminal in Andalusia, designed to handle a wide variety of bulk liquids—including chemical products, biofuels, and renewable materials.
Located in Huelva, Spain, this project is more than just an expansion—it is a commitment to fostering sustainable growth, supporting renewable energy, and contributing to the circular…
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CTCI has announced that it has jointly won a NT$26.6 billion (€28 million) EPC bid with Japan’s IHI Plant Services (IPC) to build four above-ground, double-domed liquefied natural gas (LNG) cryogenic tanks, with a storage capacity of 180,000 kiloliters each, for CPC Taiwan’s state-owned petroleum company, at CPC Kaohsiung Intercontinental LNG Terminal.
The successful bid builds on CTCI’s…
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Stolt-Nielsen has announced a series of ongoing investments aimed at expanding and enhancing its operations across the US.
These investments are part of the company’s commitment to improving its service capabilities and innovation across key regions. The company has a long history of operating and investing in the US, with existing facilities in Houston and New Orleans employing more than 450…
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Gasunie and Petrogas are investigating how the Petrogas pipeline, installed under the North Sea, can be reused to transport green hydrogen. The research focuses on the feasibility of reuse and possible repurposing of the pipeline for the offshore hydrogen project Demo 1. This is a demonstration project initiated by the Ministry of Climate Policy and Green Growth for the construction of a 20 to…
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