Terminal News
After nearly a year and a half’s partnership, and after a successful revitalisation of the company, Cees van Gent has decided to step down as CEO and chairman of the Executive Board at HES International, to be effective 31 August, 2024.
On his departure, Cees van Gent says: ‘After the successful refinancing of the company, this is a natural moment for me to step down. With the execution of…
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LNG Infrastructure company GAS Entec with group company AG&P, and local partners Issa Haddadin, together referred to as Consortium, have been awarded a contract to build Sheikh Sabah Al-Ahmad Al-Jaber Al Sabah onshore regasification LNG Terminal at Port of Aqaba in the Kingdom of Jordan. The contract was awarded to the Consortium by Aqaba Development Corporation (ADC), the state-owned…
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Pacific International Lines (PIL) is increasing its fleet renewal programme, and has ordered five new container vessels with 13,000 TEU (Twenty-Foot Equivalent Unit) capacity, equipped with liquefied natural gas (LNG) dual-fuel engines. The neo panamax-sized vessels are expected to be delivered progressively from end-2026. Construction of the vessels has been awarded to Hudong Zhonghua Shipyard,…
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OPW has completed the acquisition of SPS Cryogenics and its affiliated business, Special Gas Systems (SGS). The SPS-SGS team will be joining the OPW Clean Energy Solutions business. Headquartered in Heerhugowaard, the Netherlands, SPS and SGS is a leading developer of pipeline systems and ancillary equipment for use in cryogenic applications.
Kevin Long, president of OPW, says: ‘The creation…
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California's Richmond City Council (USA) has voted unanimously to approve a $550 million settlement agreement with Chevron over alleged pollution. As a part of the settlement, Richmond has agreed to pull a measure that was set to appear on the November ballot, asking voters to approve a refinery tax on Chevron.
While the city council expressed its support for the refinery tax, but Mayor Eduardo…
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TC Energy Corporation and its partner Northern New England Investment Company, a subsidiary of Énergir L.P have announced the successful completion of the sale of Portland Natural Gas Transmission System (PNGTS). The gross purchase price of US$1.14 billion (€1 billion) includes $250 million (€227 million) of outstanding Senior Notes held at PNGTS and consolidated on TC Energy’s balance…
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Kent and the Energy Institute are pleased to announce a new collaborative effort to create comprehensive guidelines for decarbonisation economics in greenhouse gas (GHG) emission reduction projects in the upstream oil and gas industries. This report will provide clear, actionable guidance to help the sector achieve its environmental goals.
The guidelines, prepared under the expert guidance of…
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The operator of Germany's onshore LNG terminal is suing the European Commission for approving state subsidies for a rival terminal, the Hanseatic Energy Hub (HEH) have reported.
HEH, a private corporation of companies working without subsidies, is suing against the European Commission at the EU court, as the Brussels authority approved subsidies provided by the German government to a competitor…
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Varo Energy's CEO Dev Saynal has announced that Varo's laboratory in Geertruidenberg, Netherlands, has been accredited under the EN 17025 standard. In a post on LinkedIn, Saynal said: 'This significant achievement underscores our commitment to high-quality standards and technical excellence.'
The lab analyses fuel samples to ensure the quality of fuels Varo delivers from its Benelux terminal and…
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The Liberia Petroleum Refining Company (LPRC) has broken ground for two critical infrastructure projects at the Product Storage Terminal (PST) on Bushrod Island, Liberia. This will include the construction of a new gasoline storage tank, with a 17,000 m3 in storage capacity.
Once completed, the storage tank will enhance LPRC’s total storage capacity, making it around 64,000 metric tonnes. This…
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EcoCeres, a leading pure-play renewable fuel producer, has delivered its first vessel with 10 million litres of a sustainable blending component for jet fuel (neat HEFA-SPK) to the Evos Ghent terminal, Belgium. This marks the start of a new relationship between Evos and EcoCeres. Evos Ghent is the first European storage partner for EcoCeres.
EcoCeres is playing a key role in the global energy…
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Indian oil & gas firm Swan Energy have announced plans to sell a stake in one of its liquefied natural gas (LNG) terminals, to Turkish state energy company BOTAS in a deal worth $399 million (€360 million).
Swan Energy is the majority owner of Triumph Offshore (TOPL), the company that owns the LNG terminal in question. Fertiliser firm Indian Farmers Fertiliser Cooperative (IFFCO) controls…
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EcoCeres have agreed to lease 100,000 m3 in Dialog Terminals Langsat expanded storage facilities in Tanjung Langsat, Johor Darul Ta’zim’s, Malaysia.
Dialog Terminals Langsat is an indirect wholly owned subsidiary of Dialog Group Berhad. It recently expanded its facilities with an additional 150,000 m3 of storage for renewable and petroleum products at its terminal and secured the said…
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US LNG importer Excelerate Energy has signed a term sheet with ITECO Joint Stock Company, a Vietnamese development firm, to co-develop a greenfield LNG import terminal in Haiphong, Vietnam. This project, called the the Northern Vietnam LNG Terminal (NVLT), made with an import capacity of 1.2 million tonnes per annum (mtpa), is to be developed in two phases. The first phase, with an estimated…
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TotalEnergies has announced the start of production from the Anchor field, located in the US Gulf of Mexico, in which the company has a 37.14% interest alongside operator Chevron (62.86%).
Located 225 kilometres off the Louisiana coast, the Anchor development was launched in December 2019. It consists of a system of subsea wells connected to a semi-submersible floating production unit (FPU) with…
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GFI LNG, a diversified energy solutions company, and Pilot LNG a Houston-based clean energy infrastructure developer, have announced that they have formed a partnership to develop, construct, and operate a small-scale LNG terminal in Salina Cruz, Mexico.
At full build-out, the facility is anticipated to produce roughly 0.34 million tonnes per annum (MTPA). The partners anticipate operations to…
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Gasum is collaborating with Equinor on a series of liquefied biomethane (bio-LNG) bunkering operations in the Port of Dusavik, Stavanger, Norway. Gasum is bunkering ISCC-EU certified mass balanced bio-LNG to Equinor’s chartered platform supply vessel Island Crusader.
The first bio-LNG delivery was successfully carried out mid-July. Gasum will continue to supply Island Crusader with 2–3…
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VTTI has completed the acquisition of 50% of Dragon LNG Group Limited (also known as Dragon LNG). The other 50% of the terminal is owned by Shell. This follows the announcement of the intention to acquire the stake in the terminal from leading infrastructure manager Ancala.
As part of VTTI’s Strategy 2028, VTTI is building on its foundation as an energy storage and service terminal operator at…
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NextDecade has announced its subsidiary Rio Grande LNG Train 4, LLC, has executed a lump sum turnkey engineering, procurement and construction (EPC) contract with Bechtel Energy for the construction of Train 4 and related infrastructure at the Rio Grande LNG Facility.
Rio Grande LNG Train 4 agreed to pay Bechtel approximately $4.3 billion (€3.9 billion) for the work under the EPC contract for…
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The new six-month delay to the Golden Pass LNG Terminal LLC planned start-up in Texas will remove a fair amount of new supply from the market in a period of intense growth, shifting the surge from 2026 to 2027 and impacting both the global and North American gas markets, according to analysis from Wood Mackenzie.
Mark Bononi, principal of North America Gas and LNG asset research at Wood…
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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/