Terminal News
Industrial gases and engineering company, Linde has announced it has signed an agreement with building materials company, Heidelberg Materials to jointly build, own and operate a large-scale carbon capture and liquefaction facility.
Through the use of carbon capture, Linde and Heidelberg Materials will aim to reduce carbon emissions at Heidelberg’s Lengfurt plant in Germany. The new plant will…
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The UK and the Republic of Korea are to collaborate more closely on the development of renewable energy sources and move towards energy independence.
Energy Security Secretary, Grant Shapps has joined forces with the Republic of Korea to collaborate on accelerating the move towards a cleaner, more energy-secure future, including renewables and nuclear.
UK companies already represent 60% of…
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Independent oil and gas company, Harbour Energy and energy giant, Bp have announced that they have entered into an agreement to develop the Viking CCS transportation and storage project, the Humber, UK.
Under the terms of the agreement, Harbour will continue as operator of Viking CCS with a 60 per cent interest and Bp will acquire a 40 per cent non-operated share. Located close to the heavily…
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Energy giant, Vopak has provided an update on its LNG project portfolio. The update includes a principle agreement with energy network operator, Gasunie. By the terms of the agreement Vopak will acquire 50% of the shares in EemsEnergyTerminal B.V, located in the Eemshaven in the Netherlands. This transaction is expected be completed latest by 1 October 2023.
The LNG terminal has been…
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Liquid energy storage and logistics provider, Advario B.V, has announced it has signed a sales and purchase agreement with anode producer, Aluchemie.
The agreement sees Advario acquire Aluchemie’s land lease. Establishing a presence in the Port of Rotterdam, at the heart of the Botlek area, Advario looks to develop the storage terminal for the energy products of the future, together with its…
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Impala Terminals has officially opened its first Australian energy import, storage and distribution terminal, Kwinana Bay, Western Australia.
Strategically located next to the Kwinana Bulk Jetty (KBJ), Impala Terminals Kwinana will bring fuel distributors alternatives to serve Perth and the surrounding region, creating a more resilient energy market and greater supply security to the people of…
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Finnish biofuel producer Neste plans to start commercial production at its renewable fuels expansion project in Singapore in the coming weeks after trial runs.
Neste plans to inaugurate the 1.3 million tonne-per-annum (tpa) plant next month.
The plant will boost Neste's sustainable aviation fuel capacity by up to 1 million tpa, in addition to a 500,000 tpa project at its Rotterdam…
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Evos Hamburg, the Lother Group and E-Fuel GmbH have announced that they will be cooperating with the intention of establishing the Hamburg Blue Hub.
This is a core initiative within a chain of other projects that are required to get ready for the import of green hydrogen and hydrogen-based fuels in Hamburg. The aim is to establish Hamburg as key distribution centre for green fuels in…
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Iraq's federal government and the Kurdistan Regional Government (KRG) have signed a temporary agreement to restart northern oil exports through Turkey, as part of a broader deal to end decades of political and economic disputes.
Turkey stopped pumping about 450,000 barrels per day of Iraqi crude through a pipeline from the Fish-Khabur border area to its Ceyhan port on March 25, after Iraq…
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French oil major TotalEnergies has confirmed it has reached an agreement with the Iraqi government on a long-delayed $27 billion (€24.6 billion) energy project, reviving a deal that aims to bring back foreign investment into the country.
The deal was signed in 2021 for TotalEnergies to build four oil, gas, and renewables projects with an initial investment of $10 billion (€9.1 billion)…
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Stolt-Nielsen Limited has announced its unaudited results for the first quarter ending February 28, 2023. The company reported a first-quarter net profit of $99.8 million (€91.1 million), with revenue of $708.7 million (€646.9 million), compared with a net profit of $95.3 million (€86.9 million), with revenue of $732.5 million (€668.6 million), in the fourth quarter of 2022.
Highlights…
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Energy infrastructure company, Kinder Morgan has announced the full commercial in-service of its Southern and Northern California, US, renewable diesel (RD) hub projects.
RD is an alternative fuel that allows trucks, trains and any equipment that uses diesel to operate with significantly lower life-cycle emissions. Now in full operation, Kinder Morgan’s RD hubs are the most efficient and least…
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Energy and commodities company, Vitol has announced the delivery of the first LNG cargo into Finland’s new Inkoo terminal. The cargo was ordered by Elenger, the largest privately owned energy company in the Finnish-Baltic region.
The cargo originates from Vitol’s portfolio of US origin LNG and was transported in the Vivit Americas LNG, a modern LNG tanker which is part of the Vitol fleet.…
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A memorandum of understanding (MoU) has been signed between HPCL Mumbai Refinery and BPCL Mumbai Refinery for the purchase and sale of hydrogen.
The MoU is a one-of-a-kind strategic partnership between two companies to create synergy for mutual aid during emergencies and towards environmental impact by minimising valuable hydrogen flaring.
The initiative aims to achieve cooperation and…
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Japan's Inpex Corp has submitted a revised development plan to the Indonesian government authorities for the Abadi liquefied natural gas (LNG) project, now incorporating a carbon capture and storage (CCS) component.
Japan's biggest oil and natural gas explorer submitted the revised plan of development on behalf of its joint venture with Shell after amending it to include plans to neutralise…
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Producer of phenol and acetone, INEOS Phenol has announced the acquisition of the Japanese chemicals manufacturer, Mitsui Phenols Singapore from Mitsui Chemicals is complete. The cost of the acquisition was a $330 million (€302 million).
The business has a turnover of $750 million (€688 million) and produces over 1 million tonnes of product each year, including cumene (410 ktpa), phenol (310…
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Buckeye Partners has announced that it is launching BAES Infrastructure, a diversified energy company that will focus on the development, construction, and operation of energy transition projects. BAES Infrastructure will pursue new energy transition-related opportunities, with its seed assets being Swift Current Energy, OneH2, Bear Head Energy, a low carbon hydrogen and ammonia project under…
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ACTAD has announced the opening of its new greenfield liquid bulk terminal in Khalifa Port, Abu Dhabi, UAE, and will commence operations on July 1, 2023.
The state-of-the-art terminal offers facilities and services for storing and transporting liquid bulk, ensuring high levels of safety, efficiency, and sustainability.
ACTAD’s mission is to provide customers with unparalleled service and…
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Bulk liquid storage and logistics company, IMTT has announced plans to consolidate its existing bulk liquid storage operations in Bayonne, New Jersey, US. This will free up approximately 130 waterfront acres for redevelopment on its 450-acre property.
The consolidation will enable IMTT to serve its bulk liquid customers more efficiently and attract additional economic development opportunities…
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Norway's Yara, the world’s largest ammonia distributor, and Canadian energy infrastructure company, Enbridge, plan to invest up to $2.9 billion (€2.6 billion) to build a low-carbon blue ammonia production plant in Texas, USA.
The plant is to be built at the Enbridge Ingleside Energy Center near Corpus Christi. It will use carbon capture and storage (CCS) technology to ensure 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/