Terminal News
Alkion Terminals, part of Koole Terminals Group, is committed to growing its expertise and expanding the services they offer their customers. As part of this, Alkion Terminal Lisbon, Portugal, has welcomed bitumen as a new product in their portfolio.
'We began offering bitumen storage services in April of this year, after one of our customers expressed interest in storing bitumen with us,' says…
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Eni has signed a long-term contract with QatarEnergy LNG North Fielding West, the JV between Eni and QatarEnergy for the development of the North Field East (NFE) project in Qatar, for the delivery of up to 1.5 billion m³ per annum (bcma) of LNG.
The available volumes will be delivered at the receiving terminal 'FSRU Italia', currently located in Piombino, Italy, with expected deliveries…
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Chevron Corporation has announced that it has entered into a definitive agreement with Hess Corporation to acquire all of the outstanding shares of Hess in an all-stock transaction valued at $53 billion (€50 billion), or $171 (€161) per share based on Chevron’s closing price on October 20, 2023.
Under the terms of the agreement, Hess shareholders will receive 1.0250 shares of Chevron for…
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Affiliates of QatarEnergy and Shell have announced the signing of two long-term LNG sale and purchase agreements (SPAs) for the supply of up to 3.5 million tons per annum (MTPA) of LNG from Qatar to the Netherlands.
LNG will be delivered to Gate LNG terminal located in the port of Rotterdam starting in 2026 for a term of 27 years.
The LNG volumes will be sourced from the two joint ventures…
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Developer of energy supply and import hubs, Tree Energy Solutions (TES) – on behalf of Deutsche Grüngas und Energieversorgung GmbH (DGGEV) - has announced it is inviting market participants to submit non-binding expressions of interest for additional long-term terminal capacities from 16 October 2023.
This follows a successful open season and positive market reactions.
The total planned…
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BP has announced that the first cargo of liquefied natural gas (LNG) produced by the new third liquefaction train at the Tangguh LNG facility, in Papua Barat, Indonesia, has safely been loaded and sailed, to be delivered to Indonesia’s state-owned power generator PT PLN (Persero). This marks the start of full commercial operation of the expanded Tangguh LNG facility.
Tangguh Train 3 adds 3.8…
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As I type this note, half of our team are away from the office at events. David Kelly, our international sales manager has been in Denver, CO, at the API conference and exhibition, meeting with many of your lovely people, and hopefully securing some deals for our next North America-focused issue!
One of our journalists, Cyann Fielding, has been in the Netherlands at the World Hydrogen Congress,…
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Porthos has announced it has taken a final investment decision to develop the first major CO2 transport and storage system in the Netherlands.
In 2024 construction will begin in Rotterdam, with the Porthos system expected to be operational by 2026.
The Porthos infrastructure requires an investment of €1.3 billion. With the final investment decision reached, Porthos will now award contracts…
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At the beginning of October, UK future fuels company, Green Biofuels Ltd announced that it has gone into administration. This news come only 20 months after BP took a 30% stake in the company.
Three partners from Ernst & Young LLP have been appointed administrators of HVO supplier Green Biofuels, effective 02 October 2023,
In a statement reported by Freight Carbon Zero, a GBF, spokesperson…
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29 terminals within the global Vopak network are now ISCC-certified to store sustainable products like sustainable aviation fuel and other biofuels and feedstocks.
The ISCC-certified terminals will now be able to broaden the services they are able to provide their customers with.
In addition, it also showcases Vopak's strategic goal to accelerate the energy transition by developing…
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The US Department of Energy (DOE) has announced it has selected the Pacific Northwest Hydrogen Association’s PNWH2 Hub for award negotiations as one of the Regional Clean Hydrogen Hubs following a competitive nationwide process.
DOE’s H2Hubs will kickstart a national network of clean hydrogen producers, consumers, and connective infrastructure while supporting the production, storage,…
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The Port of Tarragona, Spain, has announced it has successfully piloted a Smart Grid (or smart grid to support the future energy community) on the Costa Wharf.
A smart grid is a technologically advanced electrical system that incorporates measuring devices, sensors, controls and two-way communication systems. It is designed to monitor, manage and respond dynamically to changing energy demands,…
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[caption id="attachment_31710" align="alignleft" width="300"] Science concept. Methane or Ammonium molecules. 3D rendered illustration.[/caption]
Project developer Green Energy Park (GEP) has revealed plans to build a renewable ammonia facility in Piauí, Brazil, for exports to the proposed import terminal on the island of Krk, Croatia.
GEP signed a letter of intent (LO) with the state of…
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The German association of gas and hydrogen storage operators (INES) wants to introduce contracts for difference (CFDs) to promote investments in hydrogen storage.
In November 2022, the Federal Ministry for Economic Affairs and Climate Action (BMWK) commissioned a report on the need for hydrogen storage capacity in Germany.
In order to achieve greenhouse gas neutrality by 2045, the report…
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The EU’s 27 member states have officially adopted the Renewable Energy Directive. The EU’s share of renewable energy in its overall consumption has been raised to 42.5% by 2030, with an additional 2.5% indicative top up to allow the target of 45% to be achieved. Each member state will contribute to this target.
In turn, the demand for hydrogen will rise due to the mandatory usage targets…
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Uganda has announced that it will launch its energy transition plan at the upcoming 28th United Nations Climate Change Conference (COP28) being held in the United Arab Emirates (UAE) next month. The energy transition plan aims to ensure that Uganda meets its net zero targets.
The strategy will outline how the country will achieve the objectives of carbon neutrality by 2050 while also ensuring…
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RAKGAS appoints Kent as the Project Management Consultant (PMC) for a new pipeline in the Northern Emirates. The pipeline will stretch from Taweelah Fujairah Pipeline to Ras Al Khaimah (RAK), with a connection to the Sajaa gas storage in Sharjah.
Kent will be responsible for coordinating efforts between RAKGAS and the Front End Engineering and Design (FEED) study contractor, ensuring that the…
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Provider of services to the global energy industry, Petrofac, has been awarded a three-year contract extension in support of Repsol Sinopec Resources UK’s North Sea operations worth more than US$100 million (€94.78 million).
The award, for the provision of operations and maintenance services, is testament to the service company’s established track record and existing long-term relationship…
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Supplier of energy for maritime transport in Spain, Cespa, has undertaken the largest supply of second-generation biofuels to date at the Port of Barcelona, Spain.
This operation, conducted on a 350-meter-long container vessel operated by Hapag-Lloyd in the Mediterranean, marks the energy company's inaugural venture in Barcelona and positions the Port of Barcelona as a key player in the…
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Essar Oil has successfully completed the financing of a $150 million (€142.7 million) receivables portfolio with Hamburg Commercial Bank and Mizrahi-Tefahot Bank. This new facility highlights the banking community’s confidence in the company and enables it to optimise a longer term financing strategy.
Essar's CEO, Deepak Maheshwari, says: 'This is a positive step forward. We are building…
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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/