Terminal News
The Tank Storage Association has appointed Wilma Kelly, HSE director at Certas Energy, as its new president, following a vote at the TSA's annual general meeting. The trade association represents all aspects of the UK’s bulk storage and energy infrastructure industry.
Kelly succeeds Adrian Jackson, chief executive of the Oil and Pipelines Agency. 'I am honoured to take on the role of president…
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The head of Ukraine’s state-owned oil and gas company Naftogaz Group, Oleksiy Chernyshov is promoting Ukraine’s competitive underground gas storage (UGS) facilities and production cooperation opportunities for Europe, during a two-day trip to Brussels.
Chernyshov says: ‘Our goal is to strengthen cooperation with our European partners, including storing European gas reserves in…
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His Royal Highness Crown Prince Frederik of Denmark officially initiated a world first with the safe injection of carbon dioxide from Belgium into a depleted oil field in the Danish North Sea.
Project Greensand, a consortium of 23 organisations, showcases the feasibility of CO2 storage from being captured at an INEOS Oxide site in Belgium, to being transported cross-border and finally safely and…
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Hot off the press after an incredibly successful StocExpo, the Tank Storage Magazine team has delivered another exciting edition, packed with exclusive interviews, insights and updates.
In the April/May issue, readers can expect:
An exclusive interview with Holger Kreetz, COO & CSO at Uniper, on how the company’s game-changing FLNG unit is delivering Germany’s energy security
A…
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Enfinium, one of the UK’s largest energy from waste operators, and Navigator Terminals, leading bulk liquid storage provider, have announced they have signed a memorandum of understanding (MoU) to collaborate on the development of the UK’s first ‘Rail to Zero’ carbon capture rail corridor, that would enable dispersed industrial sites to permanently store their emissions.
They plan to…
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ExxonMobil has announced the successful startup of its Beaumont refinery, US, expansion project, which adds 250,000 barrels per day of capacity to one of the largest refining and petrochemical complexes along the U.S. Gulf Coast.
Karen McKee, president of ExxonMobil product solutions says: ‘ExxonMobil maintained its commitment to the Beaumont expansion even through the lows of the pandemic,…
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Exolum is taking another step forward in its decarbonisation and diversification strategy by becoming a shareholder of H2Vector - a technology start-up, based in Asturias, Spain. H2Vector aims to provide energy solutions to enable the decarbonisation and electrification of society, based on renewable hydrogen. The company is conducting research into new forms of storage and transportation of…
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BP and Abu Dhabi's state oil giant have made an offer to acquire 50% of Israeli offshore natural gas producer NewMed Energy for around $2 billion (€1.8 billion).
The offer involves acquiring NewMed's free-floating shares and taking the company private and would mark Abu Dhabi National Oil Co (ADNOC) and BP's entry into Israel's growing energy sector.
The offer is a further sign of the…
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Emission-free, ammonia power solutions company, Amogy has announced a $139 million (€128 million) series B-1 fundraising.
The round was led by intermediate holding company of SK Group, SK Innovation, joined by other global investors. This funding will enable Amogy to continue its organisational development to support commercialisation, begin manufacturing of its innovative ammonia-to-power…
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Earlier this month, an impressive 3,796 storage terminal professionals gathered in Rotterdam for this year’s hugely successful StocExpo. With two conference streams, a terminal tour, a new innovation & sustainability trail and much more, this year’s event was packed full of new features.
Terminal operators, traders, oil & gas companies, ports and renewable fuel producers came from…
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A subsidiary of Libya's state-owned National Oil Corp (NOC) has signed a contract with Honeywell for engineering work on the planned South Refinery project, estimated to cost between $500 million (€464 million) and $600 million (€557 million).
The project will be carried out in two phases.
NOC has previously said South Refinery will produce cooking gas, jet fuel and other products,…
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Saudi Aramco has signed an agreement with Chinese partners for an oil refinery and petrochemical project in northeast China expected to start in 2026 to meet the country's growing demand for fuel and chemicals.
Joint venture Huajin Aramco Petrochemical Company (HAPCO) will build and operate the complex which will house a 300,000 barrels per day (bpd) oil refinery and a cracker with an annual…
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South African lender, Absa Group, aims to cut its net carbon emissions to zero by 2050 by curtailing lending to coal, oil and gas projects as well as increasing its exposure to renewables.
‘While we recognise Africa's particular vulnerability to climate change, our approach to net zero also takes cognisance of the development needs of Africa's people,’ says Punki Modise, Absa Group's chief…
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Denmark has invited the Russian-controlled operator of the Nord Stream 2 pipeline to help salvage an unidentified object found close to the only remaining intact gas pipeline under the Baltic Sea. A response is still pending.
The pipeline operator is controlled by Russian state-owned gas company Gazprom.
Three explosions occurred in September 2022 on the Nord Stream pipelines.
The blasts…
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Stolthaven Terminals has announced it has joined the Ammonia Energy Association (AEA), a global non-profit industry association that promotes the responsible use of ammonia as part of a sustainable energy economy.
Stolthaven believes low and zero-carbon new energies have a critical role to play as the shipping, storage and logistics industries move from traditional petroleum-based marine fuels…
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A fire broke out on Wednesday 22 March at an INEOS phenol plant in Pasadena, Texas, USA
Officials say that truck backed into a loading dock at the plant and caught fire. The truck driver was then taken to hospital.
The fire also caused a brief closure to the Houston Ship Channel to traffic.
The fire has since been successfully extinguished and reports say there was no danger to the community…
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Provider of consulting, engineering services and technologies, Technip Energies, has been awarded a contract by China National Offshore Oil Corporation (CNOOC) and Shell Petrochemicals. The contract is for the Huizhou Phase III project, a mega liquid ethylene cracker located in Huizhou, Guangdong Province, China.
Technip Energies is providing the proprietary technology and process design for…
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British power generator Drax has announced it will pause its planned £2 billion (€2.26 billion) UK investment in bioenergy with carbon capture and storage (BECCS) until it receives more clarity on government support.
Drax welcomed the UK government's recent budget support for carbon capture and storage (CCS) but confirmed the company requires a firm commitment to BECCS before it could…
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Commissioning has begun at Technip Energies' Karbala refinery PMC project in Iraq.
Located approximately 100 km (62 miles) from Baghdad, Iraq, Karbala is Iraq’s first new refinery in decades and is the first refinery in Iraq to meet Euro 5 fuel standards, which will greatly reduce emissions. The project is moving ahead and is scheduled to reach its full capacity of 140,000 barrels per day by…
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Exolum will operate the fuel storage terminal located at Shannon airport, Ireland, as the successful bidder of a tender process organised by the Shannon Airport Group. The company will manage the terminal with facilities for the receipt of fuel by vessel, as well as storage and dispatch, and will also be the only agent to provide into-plane fuelling services to the different airlines operating at…
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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/