Terminal News
MidOcean Energy, a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, has announced the completion of its acquisition of Tokyo Gas' interests in a portfolio of Australian integrated LNG projects.
The acquisition includes Tokyo Gas’ interests in the Gorgon LNG, Pluto LNG and Queensland Curtis LNG…
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After the success of StocExpo and huge interest in our Tank Storage Membership options, Tank Storage Magazine is offering a one-month trial to all free and premium members, to see what Elite Membership looks like. Enjoy complimentary access to all online features, webinars on demand and StocExpo conference content.
Missed our webinar about the brain drain in tank storage? Watch the replay…
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Vitol Bunkers has completed the first delivery of B30 biofuel blend in Singapore, the first time that biofuel above concentration B25 has been delivered. A total of 1,100 MT of VLSFO B30 was delivered on 14 March 2024 to the vessel Grand Hero, a vehicle carrier chartered by Hyundai Glovis.
The delivery was carried out by Vitol Bunkers’ vessel the Marine Future, a specialised bunker barge that…
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Odfjell has reported its results for 2023. Looking at both the shipping and storage terminals elements of the business, Odfjell has reported strong achievements in key operational areas throughout the year, from financial performance to fleet and terminal enhancements, with industry-leading safety records and solid progress in its decarbonisation journey.
CEO Harald Flatland highlights safety,…
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VTTI, a global leader in energy storage and developer of energy infrastructure, and IKAV, an international asset management group headquartered in Germany, have entered a consortium to acquire majority ownership Adriatic LNG, which operates the regasification terminal located 15 km off the coastline of Veneto region in Italy.
Adriatic LNG terminal has a technical regasification capacity of 9.6…
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Texas LNG Brownsville, a subsidiary of Glenfarne Energy Transition, has signed a Heads of Agreement with Gunvor Group through its subsidiary Gunvor Singapore for a 20-year LNG FOB sale and purchase agreement (SPA) for 0.5 MTPA of LNG from Texas LNG.
'We’re thrilled to welcome Gunvor to our portfolio of customers, connecting Texas LNG, one of the lowest-emitting liquefaction facilities in the…
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Ørsted, a leading US clean energy developer, has been selected by the Department of Energy (DOE) Office of Clean Energy Demonstrations to begin award negotiations for up to $100 million (€92 million) in federal funding to construct a groundbreaking Power-to-X facility, called Star e-Methanol, along the Texas Gulf Coast.
Ørsted’s project was selected as one of 33 projects across more than…
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TotalEnergies has signed an agreement to acquire 100% of Talos Low Carbon Solutions (TLCS), an early-mover American company focused on carbon capture and storage.
After completion of the transaction, TotalEnergies will own a 25% share in the Bayou Bend project, alongside Chevron (50%, operator) and Equinor (25%). Bayou Bend project is a major CO2 storage project located along the Texas Gulf…
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Woodside has completed the sale of a 10% non-operating participating interest in its Scarborough Joint Venture to LJ Scarborough Pty Ltd (LNG Japan).
The completion follows Woodside’s announcement on 8 August 2023 that it had established a strategic relationship with LNG Japan that involved three elements: equity in the Scarborough Joint Venture; potential LNG offtake; and collaboration on…
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JERA has reached a project framework agreement with ExxonMobil to jointly explore the development of a low carbon hydrogen and ammonia production project in the United States.
ExxonMobil is currently developing what is expected to be the world’s largest low-carbon hydrogen production plant at its Baytown Complex east of Houston, Texas, United States. The plant is slated to have an annual…
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Odfjell Terminals US (OTUS) has announced the successful completion of the construction and commissioning of its Bay 13 project at its Houston Terminal, Texas. The expansion features nine new tanks, with a combined capacity of 204,000 barrels and represents an increase in tank capacity of approximately 9%.
[caption id="attachment_36652" align="alignleft" width="660"] Odfjell Terminals…
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Inter Terminals Sweden, in collaboration with SAS, is expanding its aviation fuel facility in the Port of Gävle by converting tanks from conventional fossil heating oil storage to a blending and storage facility for sustainable aviation fuel (SAF).
SAS has set an ambitious environmental target to fuel SAF equivalent to SAS' fuel consumption in Scandinavia by 2030. To achieve this target, SAS…
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Exolum has won the tender to manage a 67,000 m3 capacity bulk liquid product storage terminal located on La Osa pier at the port of Gijon, Spain, after winning the tender organised by the Port Authority of Gijon. Over the 15-year term of the concession, Exolum will invest €3 million to connect the new terminal to the existing one owned by the company, for optimal integrated management, and to…
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VTTI is exploring the possibility of developing a large-scale bio-energy installation at Zevenellen business park in Leudal, Limburg, The Netherlands. VTTI Bio-Energy Limburg's primary objective is to pave the way for sustainable energy practices and circularity. By transforming organic sidestreams and waste into green gas (aka biomethane or Renewable Natural Gas) and organic manure fertilizer…
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JX Nippon Oil & Gas Exploration Corporation and Chevron New Energies, a division of Chevron U.S.A. Inc., have signed a memorandum of understanding (MOU) that provides a framework to evaluate the export of Carbon Dioxide (CO2) from Japan to carbon capture and storage (CCS) projects located in Australia and other countries in the Asia Pacific region.
[caption id="attachment_40462"…
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Shell Chemicals recently started to supply Braskem with bio-attributed and bio-circular propylene feedstocks, based on a mass balance approach and independently certified by a third party.
Braskem will use the feedstocks for the manufacture of bio-attributed and bio-circular polypropylene enabling more sustainable options for growing consumer demand in the packaging, film, automotive, and…
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Shell has published its first energy transition update since the launch of its Powering Progress strategy in 2021. At its Capital Markets Day in June 2023, Shell outlined how its strategy delivers more value with less emissions, emphasising 'more value'. In this energy transition update, Shell's focus has shifted to how the same strategy delivers 'less emissions'.
'Energy has made an incredible…
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SBM Offshore and Technip Energies are pleased to announce the signing of a memorandum of understanding for the creation of a joint venture entity, EkWiL. The new company will be a Floating Offshore Wind (FOW) pure player, capable of proposing a wide range of solutions to clients.
EkWiL will combine the people expertise, engineering and delivery capabilities, and complementary technologies of…
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Vopak has signed an agreement with Air Liquide to develop and operate infrastructure for ammonia import, cracking and hydrogen distribution in Singapore.
The companies will look at developing low-carbon ammonia supply chains in Singapore, including ammonia cracking facilities, storage and handling infrastructure at Vopak's Banyan terminal, as well as distributing low-carbon hydrogen through a…
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The long-awaited StocExpo opens its doors this morning at 9:00am at the Rotterdam Ahoy (and there’s still time to register now). The premier event that brings the liquid bulk and tank storage industry together, StocExpo 2024 has a keen focus on sustainability and future fuels for 2024.
And a handful of delegates and VIPs were lucky enough to experience the knowledge-sharing and networking the…
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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/