Terminal News

Jan 18, 2024
Provider of refined products, alternative fuels, and environmental credits, U.S. Energy acquired two refined product terminals in Mount Prospect and Rockford, Illinois. With the addition of these facilities, U.S. Energy now owns and operates 37 terminals across nine states with a collective storage capacity of over eight million barrels. The Mount Prospect and Rockford facilities contribute…
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Jan 18, 2024
Exolum has received the ‘Top Employer 2024’ certification, a recognition that places it as one of the companies with the best practices in human resources management, by preserving stable and quality jobs with the aim of enabling Exolum professionals to fully develop their careers. This certification positions Exolum as one of the 2,300 companies across the globe and 137 in Spain that stand…
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Jan 17, 2024
Exolum is going to construct a green hydrogen production plant and refuelling station at its Riverside terminal in Stockton-on-Tees, UK as part of the Tees Valley Hydrogen Vehicle Ecosystem project. Exolum has been awarded £2 million as part of the Tees Valley Hydrogen Transport Hub, which is funded by the Department for Transport and delivered in partnership by Innovate UK, to construct the…
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Jan 16, 2024
Shell has announced it has reached an agreement to sell its Nigerian onshore subsidiary The Shell Petroleum Development Company of Nigeria Limited (SPDC) to Renaissance, a consortium of five companies comprising four exploration and production companies based in Nigeria and an international energy group. Completion of the transaction is subject to approvals by the Federal Government of Nigeria…
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Jan 16, 2024
Logistics company for liquid products, Exolum, has completed the acquisition of a 50% interest in Vopak Moda Houston (VMH), an ammonia storage, import and export terminal located on the Houston Ship Channel, USA from Moda Midstream LLC. This transaction is fully aligned with Exolum’s strategy of positioning itself as a leading manager of infrastructure and decarbonising fuel in forthcoming…
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Jan 15, 2024
Technip Energies have announced that start-up has begun at its Long Son petrochemical complex in Vietnam. On its LinkedIn, the company thanked the innovative solutions from the team of specialists that were working on the start-up, the olefins products – ethylene, propylene, and butadiene as they were successfully delivered. In 2018, Technip Energies were awarded a contract for the…
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Jan 12, 2024
Specialty materials and chemical company, Celanese Corporation , has announced it has begun running a carbon capture and utilisation (CCU) project at its Clear Lake, Texas, USA. This site is part of its Fairway Methanol joint venture with Mitsui & Co. The project is expected to capture 180,000 metric tons of CO2 industrial emissions and produce 130,000 metric tons of low-carbon methanol per…
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Jan 12, 2024
Bratislava plans to construct its first liquefied natural gas (LNG) terminal despite concerns about the growing surplus of LNG infrastructure as the world moves away from fossil fuels. Slovakia's Environment Minister, Tomáš Taraba, argues that the country needs the infrastructure urgently to secure energy stability following disruptions due to sanctions against Russia. Greenpeace opposes the…
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Jan 12, 2024
International energy terminal operator KN is beginning the year by securing the public tender for the commercial management of four German liquefied natural gas (LNG) terminals on the North Sea coast. The company has signed contract with Deutsche Energy Terminal GmbH (DET), the German state-owned company that  operates state-controlled LNG terminals. On behalf of the German Federal Ministry…
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Jan 12, 2024
The expansion continues for Noord Natie Odfjell Antwerp Terminal (NNOAT). A final investment decision has been made for 10 new tanks and an additional loading bay at the site. The addition is another step in NNOAT’s extensive growth and will add 27,500 m3 stainless steel capacity. Over the past five years, the state-of-the-art terminal has constructed five new tank pits and can now offer more…
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Jan 11, 2024
Rubis Terminal, a joint venture between I Squared Capital and Rubis SCA, and an independent storage has finalised the sale of CPA SAS, a 100% subsidiary of Rubis Terminal SA in France, to Dyneff. CPA has delivered more than 200,000 m3 to its clients in 2022, out of Rouen, Brest, Dunkirk and Vatry terminals in France. With the support of its new shareholder Dyneff, energy and services company, in…
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Jan 10, 2024
Transnet National Ports Authority (TNPA) has appointed the Vopak Terminal Durban & Transnet Pipelines (TPL) Consortium Venture as the preferred bidder to develop and operate a Liquefied Natural Gas (LNG) terminal at the Port of Richards Bay. The terminal is set to change the economic dynamics of the port city, the KwaZulu Natal Province and introduce an alternative source of energy as…
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Jan 8, 2024
The Tank Storage Association (TSA), the trade association representing all aspects of the UK’s bulk storage and energy infrastructure sector, has announced the appointment of Nunzia Florio as communications director. Florio brings to the role a wealth of experience in communications, media and external affairs and has led the association’s communications functions since 2019 as…
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Jan 8, 2024
Consulting and engineering company, Wood, has secured a contract from HD Hyundai Heavy Industries for detailed engineering of the topsides facilities on Woodside Energy's Trion Floating Production Unit (FPU) in Mexican waters of the Gulf of Mexico. When complete, Trion will have a production capacity of 100,000 barrels per day and connect to a 950,000 barrel capacity floating storage and…
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Jan 5, 2024
Vopak's Coatzacoalcos Terminal in Mexico has achieved a impressive milestone of 24 years free from reportable incidents. This means that no one has been seriously injured while working at the terminal in the past 24 years, and there have been no spills. In a post on LinkedIn, Vopak congratulated the team on this safety achievement. The post states: 'Safety is Vopak's highest priority, we strive…
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Jan 3, 2024
US energy giant ExxonMobil has formally exited the West Qurna 1 oilfield in southern Iraq and handed over its operations to PetroChina as lead contractor, a deputy oil minister told Reuters on Monday. It marks the oil giant's exit from the Iraq market. West Qurna 1 currently produces around 550,000 barrels per day (bpd). It is one of the world's largest oilfields with recoverable reserves…
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Jan 3, 2024
QatarEnergy has announced a five-year crude oil supply agreement with Shell International Eastern Trading Company, Singapore (Shell). The agreement stipulates the supply of up to 18 million barrels per annum of Qatar Land and Qatar Marine crude oils to Shell starting January 2024. His Excellency Mr Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of…
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Jan 2, 2024
Brazilian state-run oil company Petrobras has announced its Sepetiba floating production storage and offloading (FPSO) unit started production on Sunday. Chartered from SBM and installed at the Mero oilfield in the pre-salt of the Santos Basin, Sepetiba has the capacity to produce 180,000 barrels of oil per day (bpd) and a daily 12 million m3 of gas. Sepetiba is the third production unit…
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Jan 2, 2024
Shell Offshore Inc has awarded Singapore shipyard group Seatrium a contract to construct and integrate the hull, topsides and living quarters of the Sparta semi-submersible Floating Production Unit (FPU) in the Gulf of Mexico (USA). The Sparta FPU will be deployed at a depth of 1,400 m and is designed to produce 90,000 barrels of oil equivalent per day. The FPU will feature a single topside…
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Dec 21, 2023
[caption id="attachment_21454" align="alignleft" width="300"] Image: Odfjell[/caption] Port of Antwerp-Bruges International (PoABI) and Perbadanan Kemajuan Negeri Perak (PKNP), a state development agency, have formed a strategic partnership to develop the port of Lumut in Perak state, Malaysia. The European Commission has awarded a €1.9 million grant for feasibility studies, recognising the…
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