Terminal News
Essar Energy Transition (EET) has completed the pre-FEED (front end engineering design) for one of the UK's largest SAF production hubs. Integrated within the company's Stanlow refinery (UK), the planned methanol-to-jet (MtJ) project will produce more than 2000,000 tonnes of advanced SAF, using approximately 550,0000 tonnes per annum (tpa) of renewable e-methanol and bio-methanol…
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Shell Malaysia is expanding its Westport Fuels Terminal, adding three new tanks for gasoline and diesel. Construction is expected to begin in 2026 and will be carried out in phases by local Malaysian-incorporated companies.
'With this investment, we are strengthening this terminal to do more: to bring in fuels more competitively, to handle larger volumes and to keep supply reliable across the…
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A Russian air attack damaged port infrastructure in Ukraine's Izmail city, reports Reuters. 'Port infrastructure facilities in the city of Izmail were damaged,' local officials said on Telegram, adding that nearly all aerial attack weapons were destroyed. 'Fortunately, there were no casualties or significant destruction.'
Meanwhile. Russian authorities said they had downed four drones…
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A company has been fined £350,000 (€401,535) after the collapse of a storage tank at its Peterhead, UK, premises which left a self-employed worker with life-changing injuries.
The Health and Safety Executive (HSE) investigated the incident, which occurred on 21 June 2023 at Tetra Technologies UK's offshore supply base. The base handles around 2,000 ship movements per year, supplying North Sea…
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Japanese refiner Eneos Holdings has agreed to buy CHevron's 50% stake in Singapore Refining Company (SRC), among other assets in Southeast Asia and Australia for nearly $2.2 billion (€1.8 billion).
This marks Eneos' first step outside of Japan, as the country's petroleum market is expected to continue to decline. Meanwhile, demand in Southeast Asia is expected to grow, supported by economic…
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The UK’s second largest port operator, Peel Ports Group, has joined forces with liquid bulk storage operator, Chane, whose main UK terminal is located at the port group’s Port of Liverpool HQ.
Chane is planning for significant expansion at the port by adding additional capacity, which will open up the range and types of liquids the group can handle. The two companies will work together to…
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LanzaTech, as part of the FLITE (Fuel via Low carbon Integrated Technology from Ethanol) consortium, has selected North Sea Port, Ghent (Belgium), as the site for Europe's first commercial-scale alcohol-to-jet SAF facility. It will be the first in Europe to use the LanzaJet ATJ Process.
This €500 million facility will produce 79,000 tonnes of SAF and 9,000 tonnes of renewable diesel…
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EnergyPathways' wholly owned subsidiary, EnergyPathways Irish Sea Limited, has been granted a Gas Storage Licence (GSL) by the North Sea Transition Authority (NSTA) in connection with its hydrogen-ready MESH project.
This decision marks a major milestone for the company's plans to develop the wider MESH Project, located in the East Irish Sea and onshore in Barrow-in-Furness. MESH is expected to…
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The TA’ZIZ Methanol Company, a joint venture between TA’ZIZ and Proman, has achieved financial close on $2 billion (€1.7 billion) financing for the UAE’s first world scale methanol plant in Al Ruwais Industrial City. The transaction was significantly oversubscribed, according to TA'ZIZ, underscoring strong global confidence in TA’ZIZ’s strategy and the long-term fundamentals of Abu…
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The world has lost around 1 billion barrels of oil over the past two months, and energy markets will take time to stabilise even if flows resume, the CEO of Saudi Aramco, Amin Nasser, said to Reuters. The challenge stems from shipping disruptions continuing to restrict traffic through the Strait of Hormuz. 'Our objective is simple: keep energy flowing, even when the system is under strain,'…
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Representatives of INA and MOL Group have concluded a series of productive and constructive meetings with a high-level delegation from the Syrian Petroleum Company (SPC). The three-day visit focused on exploring options for the reactivation of INA’s oil and gas operations in Syria.
Earlier this year, INA and SPC established a joint technical team to assess the feasibility of INA resuming…
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Transnet National Ports Authority (TNPA) invites interested parties to submit bids in response to the Request for Proposals (RFP) for the appointment of a terminal operator to finance, operate, maintain, refurbish, and/or construct a liquid bulk terminal, including bunkering and related services, at the Port of Cape Town for a 25-year concession period.
The project site is an existing brownfield…
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Royal Vopak has reached an agreement in principle with Green Energy Storage (GES) for the acquisition of a majority stake in GES. The transaction marks a strategic step to accelerate the development of large-scale battery energy storage systems (BESS) in the Netherlands, combining Vopak’s infrastructure expertise with GES’s leading position in battery storage development.
GES is a Dutch BESS…
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Perpetual Next has selected JPB Logistics as its preferred partner for biomethanol storage and handling services at Perpetual’s Delfzijl biomethanol facility in Farmsum, the Netherlands. As part of the intended collaboration, JPB will be responsible for the envisaged storage, handling and logistics, such as the delivery of biomethanol from the facility to third-party customers.
The Delfzijl…
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Porto Sudeste, in Sepetiba Bay, Brazil, is building new 'dolphins' to expand its liquid bulk operations, following increased oil flows in the country. 'Oil production continues to grow and this changes the logistics game. With more oil to flow and export, the demand for transshipment operations and solutions that gain scale and reduce queues and waiting times increases. And to keep up with this…
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AD Ports Group has signed a memorandum of understanding (MoU) with CMA Terminals Khalifa Port container terminal and CMA CGM Group, a global player in sea, land, air and logistics solutions, to develop efficient intermodal solutions and extend inland reach across the UAE and wider region, through AD Ports Group’s consolidated inland intermodal network.
Under the MoU, the three partners intend…
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Colonial Oil Industries has announced the acquisition of Atkinson Oil Company, a Sandersville-based commercial distributor of fuel and lubricants known for its experienced team and strong safety and service record.
The acquisition is expected to strengthen Colonial Oil Industries’ presence across the Southeast of the USA, and expand its ability to deliver essential fuel and lubricant products…
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DET Deutsche Energy Terminal GmbH is expanding its management team: Dr. Martin Meurers will assume the role of chief operating officer (COO) with primary responsibility for capacity marketing and ensuring the safe operation of the state-owned LNG terminals. Together with the CEO Dr. Peter Röttgen, he will take over responsibility for the company in future.
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Severnside Carbon and Exolum, Europe’s leading energy logistics company, have signed a new agreement under which Exolum will create a new subsidiary, ‘Exolum 7CO₂’, to invest and lead the next phase of development of a major new carbon dioxide (CO₂) storage terminal at Avonmouth. Técnicas Reunidas, the leading Spanish engineering firm, will also act as a partner. The terminal will be…
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The United Arab Emirates (UAE) has announced it is leaving the Opec and Opec+ groups, after the World Bank warned the war in the Middle East has caused the biggest loss of oil supply on record. According to the BBC, the UAE said its decision would 'help it meet growing global energy demand in the long term after recent investments to boost its production capacity.'
The UAE's energy minister said…
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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/