Terminal News
Talon Energy has announced that its joint venture with Strike Energy, the Walyering gas field has entered into a long-term gas supply agreement with Santos-WA.
The agreement includes supplying a minimum of 36.5PJ of gas from the Walyering gas field (also known as EP447). The Walyering gas field is where Talon and Strike are constructing a low-cost gas processing facility and associated…
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Hydrocarbon exploration company, Denbury has announced an agreement with a large landowner in southwest Louisiana, US, for the future development and operation of a dedicated CO2 sequestration site.
The strategic location of the site provides nearby storage potential for the heavy industrial areas of Beaumont and Port Arthur, Texas, and Lake Charles, Louisiana.
Denbury estimates that there is…
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Malaysian oil and gas company, Petronas, global energy company, Eni and biotech company, Euglena have announced that they are jointly studying the possibility of developing and operating a biorefinery in the Pengerang Integrated Complex, Malaysia, one of the largest integrated refinery and petrochemical developments in southeast Asia.
The three parties are currently carrying out technical and…
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Getech has announced the completion of its first step in developing the Inverness green hydrogen hub in Scotland, UK. Working with SGN Commercial Services, the deconstruction of Inverness’s former natural gas holder has been successfully completed, paving the way to convert the legacy facility into a future green hydrogen storage and distribution facility.
In revitalising the site, it…
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Energy network company, Gasunie, is investigating options for a temporary expansion of LNG import capacity in the Netherlands.
The study is taking place following consultation with the Dutch Ministry of Economic Affairs on Climate.
Multiple sites are being considered including the existing LNG facilities in Eemshaven (EemsEnergyTerminal) and in Rotterdam (Gate). Gasunie will base the…
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Publicly-traded energy company, EnBW will import 3 billion m3 of LNG per year via the Hanseatic Energy Hub in Stade, Germany. The capacities make a significant contribution to Germany's security of supply with affordable energy.
The Hanseatic Energy Hub is a future-flexible modular system for the green energy transition that uses the opportunities of the Stade energy region.
In addition, EnBW…
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Europe’s leading manufacturer of biofuels, Argent Energy, has begun groundworks for construction of a glycerine refinery in the Port of Amsterdam, the Netherlands. The refinery will produce 50,000 tons (45,000 tonnes) of refined glycerine per year. Argent Energy is expanding its portfolio of sustainable products and will be entering the chemical market for the first time, with the launch of its…
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Japanese government institution, the Japan Organization for Metals and Energy Security (JOGMEC), and Japanese oil company, INPEX, have signed a joint research agreement to evaluate the potential of the Bonaparte Basin in Western Australian to become a world-scale carbon storage location.
The joint research between JOGMEC and INPEX will support INPEX as it assesses the feasibility for long-term…
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The port of Savannah is planning a $410 million (€389 million) development of one of its terminals in the USA to make room for the loading and unloading of larger ships.
The Georgia Ports Authority’s governing board approved the project, under a plan to develop and expand Savannah’s capacity for cargo containers, to more than 50% by 2025.
Ocean Terminal will be converted to…
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Efforts to clean a spill of 588,000 gallons of oil from the Keystone Pipeline into a creek in Washington County, USA, remain ongoing. The incident began last week and is the largest in recorded history, accumulating in more oil lost than all the crude oil pipeline spills in 2021 combined.
The spill is the largest recorded in history and officials are now attempting to clean the mess caused by…
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Public sector company of India, Oil and Natural Gas Corporation (ONGC) has signed a memorandum of understanding (MoU) with global petroleum company, Shell, for cooperation in carbon capture, utilisation and storage (CCUS) studies. The collaboration shall focus on joint CO2 storage study and EOR (multi-decision making) screening assessment for key basins in India including depleted oil and gas…
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The Saudi Arabian Oil Company (Aramco), one of the world’s leading integrated energy and chemicals companies, and Shandong Energy Group, are exploring collaboration on integrated refining and petrochemical opportunities in China.
The companies have signed a memorandum of understanding (MoU) which will include a potential crude oil supply agreement and chemical products offtake agreement,…
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Energy technology company, Baker Hughes and petroleum exploration and production company, Woodside Energy have entered into a memorandum of understanding (MoU) to explore potential business arrangements and initiatives to support Woodside’s climate strategy.
The MoU seeks to identify projects for potential collaboration between the two companies including projects in Australia, Asia and the…
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VTTI is exploring the development of a floating liquefied natural gas (FLNG) facility that will provide the Netherlands additional LNG storage and import capacity. This additional capacity is needed to enhance gas supply to the Netherlands and Europe, contributing to the security of supply. At the same time, it will strengthen the competitiveness in LNG deliveries and infrastructure, while…
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The UK’s Secretary of State for Business, Energy and Industrial Strategy has granted consent for the Keadby 3 carbon capture power station in north Lincolnshire. It is the first such project in the UK to gain planning permission and is backed by energy providers SSE Thermal and Equinor.
The project involves a combined cycle gas turbine (CCGT) power station, comprising a CCGT unit with a…
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BP has signed a memorandum of understanding (MoU) with the government of Egypt to explore the potential for establishing a new green hydrogen production facility in the country.
The MoU was signed by BP, Egypt’s New and Renewable Energy Authority (NREA), the Egyptian
Electricity Transmission Company (EETC), the General Authority for Suez Canal Economic Zone
(SCZONE) and the Sovereign Fund of…
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Ineos and Sinopec have announced a new joint venture agreement that will see Ineos acquire a 50% share in the existing Tianjin Nangang Ethylene Project from Sinopec. The project is currently building a 1.2 million tonne ethane cracker, expected to come on stream at the end of 2023, and downstream derivative plants in Tianjin, China.
A full suite of derivative units will be built at the…
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An initiative of 18 companies, led by the Port of Rotterdam Authority, has kicked off a study into the possible establishment of a large-scale ammonia cracker to enable imports of 1 million tons (907,185 tonnes) of hydrogen per year to aid the decarbonisation of industry and mobility.
Participants have commissioned Fluor to study possibilities for a large central cracking facility in the port…
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Exolum and OQ, the largest energy company in Oman, have agreed on the sale of Exolum’s 40% stake in their joint venture OQL. OQL is the leading fuel logistics company in the country, with a market share of 70%.
Exolum and Oman collaborated in 2014 for the design, construction and operation of the Muscat Sohar Pipeline Project and the Al Jifnain terminal in Oman (MSPP). Over the past few…
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Avnet Abacus, one of Europe’s leading distributors of interconnect, passive, electromechanical, power supply, energy storage, wireless and sensor products, is collaborating with TWTG, a leading industrial-IoT specialist based in Rotterdam, Netherlands, to help prevent the disposal of millions of smart meters.
The viability of existing smart meters is subject to compatibility as technology…
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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/