Terminal News
South Korea’s leading liquefied petroleum gas (LPG) supplier SK Gas, leading non-ferrous metals company Korea Zinc, and Hanwha Impact, an investment firm focusing on eco-friendly energy, have signed a memorandum of understanding (MoU) with Ark Energy, an Australian subsidiary of Korea Zinc, forming the Han-Ho H2 consortium.
This has been developed to begin a supply chain to export 1m tonnes…
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Hundreds of exhibitors and thousands of delegates from the international breakbulk community descended on the home of European breakbulk for AntwerpXL 2022.
The event, which was held at the Antwerp Expo, Antwerp on 4 – 6 October 2022, welcomed representatives from the biggest names in forwarding and logistics as they gained insight into the trends, challenges and opportunities facing the…
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Dean Curtis, Group Managing Director at LexisNexis Risk Solutions and President & CEO at ICIS, part of the data and analytics company, RELX, talks about why the chemical industry needs to work harder to embrace diversity and why this starts with inclusivity
Everyone’s Voice is Mission-Critical for the Future of the Chemical Industry
More than 96% of all manufactured goods involve…
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The Alaska Gasline Development Company (ASGD), independent corporation of Alaska, Mitsubishi Corporation, development and operations company, TOYO Engineering Corporation, global engineering company, and Hilcorp Alaska, oil and natural gas exploration and production company, have signed a Memorandum of Understanding (MoU) to assess the potential to produce zero-carbon ammonia in the Cook Inlet…
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px Group, leading infrastructure solutions business and operator of several critical UK energy sites, has been appointed as operator of Dutch technology company, Gidara Energy’s flagship bio-methanol plant in Amsterdam.
Plans for the plant were announced last year and it is due to become operational in 2024. The advanced biofuels facility will convert non-recyclable waste into advanced…
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Chief Executive of TotalEnergies, Patrick Pouyanne, has confirmed the multi-energy company will continue to transport LNG from Russia as long as there are no European sanctions on the fuel. TotalEnergies is currently in a contract with Russia Yamal LNG for 5 million tonnes, until 2032.
While at the Energy Intelligence Forum in London, Pouyanne says: ‘We will continue to ship LNG from Russia as…
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The North Sea Transition Authority (NSTA) is set to hand out over 100 new licenses for oil and gas exploration in the UK. According to ministers, this will boost the UK’s economy and energy security. However, concerns have been raised regarding the move’s impact on climate change, and that such a move will do very little to ease rising energy costs for consumers.
Due to the war in Ukraine…
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Petrobras Brazil, a specialised oil, gas and energy company, has signed a contract with Sembcorp Marine Rigs & Floaters Singapore, an energy and urban development company, for the construction of the P-82 FPSO (floating system of production) in Búzios field in the Santos Basin, Brazil.
The P-82 FPSO vessel is planned to have the capacity to produce 225,000 barrels of oil per day, process up…
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Naftogaz, a Ukrainian state owned oil and gas company, has plans to begin testing the possibility of storing hydrogen in underground facilities.
Roman Kokhtiuk, chief engineer of JSC Ukrtransgaz, says: ‘Ukrtransgaz has a number of memorandums with European underground gas storage operators, which have been moving in this direction for several years and have actually come to test the reality of…
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The UK government has commenced an independent review into the delivery of its net zero climate commitments. It will be led by former energy minister, Chris Skidmore, who is due to publish his recommendations by the end of the year.
The three-month review will focus on how the UK can achieve net zero by 2050 while increasing energy security, economic efficiency and affordability for end users.…
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Independent logistics company, Vesta Terminals is now welcoming ships to their terminals using the digital ISGOTT solution developed by Smartflow. The partnership has been facilitated by NxtPort International.
Digitalising all the handshakes between various parties involved, such as terminals, vessels, agencies, shipping companies, and the authorities, is an important step in continuously…
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Mitsubishi Heavy Industries (MHI) has concluded an agreement with Indonesia's Institut Teknologi Bandung (ITB) to conduct joint research and development (R&D) of ammonia-fired power generation by gas turbine.
MHI and ITB have already been undertaking joint research on a variety of clean energy solutions to help Indonesia achieve decarbonisation. Following demonstration testing with MHI's…
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To help serve European demand, Mexico is planning to build a liquefied natural gas (LNG) hub worth $4-$5 billion, according to President Andres Manuel Lopez Obrador. The President announced the plans at a regular press conference last week.
The hub will be located at the port of Coatzacoalcos in the Gulf of Mexico. The planned port would transport LNG to Europe via boat.
At present, Mexico…
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Emission-free, ammonia power solutions provider Amogy, has announced the opening of its Norway operations, hiring Christian Berg as managing director. Berg joins Amogy Norway from Yara Clean Ammonia, a decarbonisation-focused subsidiary of leading global ammonia producer, Yara International ASA.
Berg will be responsible for accelerating Amogy’s effort in commercialising its ammonia-to-power…
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Petronas, a global energy group, has signed a Memorandum of Cooperation (MoC) with the Ministry of Economy, Trade and Industry of Japan (METI) as well as a Memorandum of Understanding (MoU) with Japan Bank for International Cooperation (JBIC), to collaboratively pursue sustainability goals of carbon neutrality by 2050.
The MoC with METI aims to enhance the cooperation between Petronas and…
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Stolthaven Terminals Brazil has successfully operated a nitrogen-generation plant. The plant was established in partnership with, and will be operated by, White Martins, a representative of Linde, the world's largest industrial gases and engineering company.
Stolthaven Terminals Brazil will manage its own supply of nitrogen for its operations, ensuring continued service reliability and…
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The Danish and Belgian governments have entered into an agreement to enable captured carbon to be shipped across their borders, to be permanently stored in a sandstone reservoir 1,800m beneath the seabed of the Danish North Sea. The agreement allows Project Greensand (work to reduce carbon emissions by capturing them and storing them in the subsoil of the North Sea) to move forwards with…
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Japanese Industrial conglomerate, Sojitz Corporation, European bulk liquid storage company, Rubis Terminal, and Spanish infrastructure investment company, Reganosa, have signed a Memorandum of Understanding (MoU) to carry out a joint feasibility study for the development of a green hydrogen supply chain in Europe.
Reganosa is developing the H2Pole project, the first-ever regional hydrogen…
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Several companies, including the Jeju National University and the SK Plug High Bus, are involved in the Jeju demonstration project which aims to establish the demonstration of hydrogen generation by using all four of South Korea’s existing water electrolysis plants.
Running until the end of March 2026, the Jeju demonstration project will cost approximately 62 billion won.
The project leader,…
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INEOS progresses forwards in delivering its plan for a world-scale low-carbon hydrogen plant at Grangemouth, Scotland as it awards a key contract for the design of the plant to Atkins.
The new hydrogen plant is expected to be operational by 2030 and aims to reduce emissions from the site by 1 million tonnes a year, as the site targets net zero by 2045.
Fundamental to INEOS’ Hydrogen project…
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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/