Terminal News
Colombian petroleum company, Ecopetrol and multinational energy company, Repsol report that the Tinamú-1 exploratory well, located in Meta, Colombia has confirmed the presence of heavy crude oil (16°API). This is a characteristic of this hydrocarbon-producing area of Colombia.
The well through which the discovery was made reached a total depth of 7,832 feet (approximately 2.4 km) and tested…
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The International Liquid Terminal Association (ILTA) conference and trade show 2023 was held in Houston, Texas, on 22-24 May. As a key media partner, Tank Storage Magazine sent journalist, Cyann Fielding, and editor Anamika Talwaria, to report on the conference and connect with terminal operators, before heading down to the tradeshow.
Houston is widely recognised as a global hub for the oil and…
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Advario Singapore has announced that the company has entered a long-term partnership with climate change solutions company, Neste. Under the agreement Advario will provide integrated storage and logistics services for Neste’s sustainable aviation fuel (SAF).
The agreement between Advario and Neste will enable the storage of SAF and Jet A-1 (jet fuel), as well as the blending of SAF with Jet…
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Neom Green Hydrogen Company (NGHC) has announced it has now achieved financial close on the world’s largest green hydrogen production facility with the total investment value of $8.4 billion (€7.7 billion).
The plant is currently being built at Oxagon, in Saudi Arabia’s region of Neom. NGHC has also concluded the engineering, procurement, and construction (EPC) agreement with Air Products…
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Energy, commodities and services company, World Fuel Services (World Fuel) and Neste have announced they have signed agreement for sustainable aviation fuel (SAF), further strengthening the relationship between these two global companies.
The new supply agreement extends the already strong collaboration on SAF, which brings together Neste's well-established production capabilities with World…
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Transport, storage and infrastructure company, Northern Lights has entered into cross-border transport and storage agreement with offshore wind company, Ørsted.
Northern Lights JV and Ørsted announce the signing of a CO2 transport and services agreement (TSA) to store 430,000 tonnes biogenic CO2 emissions per year from two power plants in Denmark, Europe. This agreement represents a major…
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Tank Storage Magazine has been reporting live from Houston USA as the ILTA conference and trade show gets underway for 2023. After a keynote luncheon by Dr David Mussington, CISA, the ILTA team announced the winners of this year's Safety Excellence Awards.
PLATINUM SAFETY: SMALLER COMPANY CATEGORY
The Colonial Pipeline Company
Zach Hauser, Senior Manager Terminal Operations, accepted…
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The Port of Neom in Saudi Arabia has announced it is now open for business. This is in line with Neom’s strategy and the Saudi Ports Authority’s efforts to transform local ports into globally competitive logistics hubs.
Located in Oxagon, the port, which is the primary seaport of entry to the northwest of Saudi Arabia, has been renamed as Port of Neom. Since the transfer, key capabilities…
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The first phase of the renewal of the Europa Terminal at the Port of Antwerp-Bruges, Belgium, is underway. In order to continue to compete at the top level of world ports and offer customers additional container capacity and high-performance infrastructure, Port of Antwerp-Bruges and PSA Antwerp are investing in the upgrade of the quayside and automated yard of the Europa Terminal. The works…
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Roderic Heeneman has joined the Advario leadership team as its new senior vice president (SVP) strategy, portfolio and sustainability. Heeneman will be shaping and implementing Advario’s forward-looking strategy, mergers and acquisitions (M&A), as well an ambitious environmental, social and governance (ESG) agenda.
'We are very pleased to welcome Roderic at Advario,' says Bas Verkooijen,…
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The Jacksonville Port Authority (JAXPORT) has facilitated the move of specialty liquefied natural gas (LNG) storage tanks through the port’s Blount Island Marine Terminal, Florida, USA. Owned by LNG supplier Eagle LNG, half of the tanks will be used to temporarily increase storage at its Jacksonville LNG bunker facility near the Talleyrand Marine Terminal, Florida, USA and the other half will…
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Gibson Energy has announced it has sanctioned the construction of two tanks, representing 870,000 barrels of new tankage, at its Edmonton Terminal underpinned by a 15 year take-or-pay and stable fee-based contract agreement with Cenovus Energy Inc., an investment grade, senior integrated oil sands customer.
Steve Spaulding, president and CEO at Gibson Energy says: ‘Gibson is very pleased with…
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Engineering and technology company, Technip Energies has announced that a joint venture in partnership with Consolidated Contractors Company (CCC), has won a major engineering, procurement, construction and commissioning (EPCC) contract by state owned petroleum company, QatarEnergy. This is for the onshore facilities of the North Field South Project (NFS) in Qatar.
This award will cover the…
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Clean energy company, Masdar has signed an agreement with aeronautics and space company Airbus, to support the development and growth of the global sustainable aviation fuel market.
The agreement highlights areas of collaboration between the two companies, including sustainable aviation fuels (SAF), green hydrogen, direct air capture technologies, as well as supporting the development and…
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Tank Storage Magazine is looking for inspiring stories from women in the tank storage industry. We've profiled some incredible women in the past and are always looking for new stories to tell. Most recently, you'll have seen our interviews with:
Stefana Sopco, head of content marketing at Smartflow, StocExpo 40 under 40 winner
Esma Gulten, CEO of Gizil
Victoria Oppenheim, head of supply…
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Royal Vopak has entered into a binding agreement to sell its terminal in Savannah, USA, to BWC Terminals, a US-based bulk liquids storage company. The operational capacity of Vopak Terminal Savannah is 250,566 m3. This capacity is mainly used for the storage of vegetable oils, asphalt, and specialty chemicals.
Maria Ciliberti, division president Vopak Americas, says: ‘Although within Vopak…
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Stolthaven Terminals has signed a memorandum of understanding (MoU) in Australia to explore the commercial feasibility of establishing a green methanol bunkering hub at Port of Melbourne in Victoria.
The MoU, led by Port of Melbourne, also includes Maersk, ANL (a subsidiary of CMA-CGM), Svitzer, HAMR Energy and ABEL Energy. Together, the companies will examine a potential project involving the…
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LPG trader and importer, Astomos Energy and oil company, Inpex have announced they reached an agreement to supply B24 biofuel bunker to a Very Large Gas Carrier (VLGC) chartered by Astomos in the United Arab Emirates.
Over the next several months, Inpex will supply B24 biofuel to the VLGC through a bunker vessel operated by Monjasa1 at Khor Fakkan port in the UAE emirate of Sharjah. This will be…
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Technology group Wärtsilä, a market leader with innovative systems and lifecycle solutions for the gas value chain, will supply the reliquefaction for a retrofit project on an LNG carrier vessel converted to operate as a floating storage unit (FSU). The vessel, the Energos Grand, is owned by USA-based operator Energos Infrastructure, and is being chartered by New Fortress Energy.
The…
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Montenegro’s Prime Minister Dritan Abazović has signed a memorandum of understanding between the government of Montenegro, Enerflex Energy Systems, and Wethington Energy Innovation, at Vila Gorica, with regard to providing support towards the enhancement of energy infrastructure in Montenegro.
The parties involved intend to undertake discussions and actions intending to pursue…
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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/