Terminal News
McDermott International, alongside its storage business, CB&I, has been awarded a Front-End Engineering Design (FEED) contract from Gunvor Petroleum for the Green Hydrogen Import Terminal project. The project is part of Gunvor’s programme to transition the Rotterdam facility into a green energy hub.
CB&I will provide the FEED of the ammonia tank and associated Inside Battery Limits…
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A five-party agreement on the construction of a petrochemical facility has been announced. The facility will include an LNG plant and terminal, which has been signed off by the Eastern Economic Forum. The document signed by several parties confirms that the facility is to be built in the settlement of Pavlovsk, Yakutia.
Vladimir Kozhokar, Executive Director of Starway Logistics, says: ‘The…
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A large fire has erupted at an oil depot in Kryvyi Rih, Ukraine after Russian forces attacked the depot, launching missiles that hit the base.
An air alert was announced in the region when the explosions were heard. The previous day, Russian forces launched an attack of two missile strikes on the Kryvyi Rih district. Governor Vilkul has confirmed that large stock of fuel has been destroyed, and…
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Renergen has launched South Africa’s first commercial LNG production plant as part of the first phase of its Virginia gas and helium development.
In a recent statement, the firm said that the Virginia gas project is now operational, transitioning Renergen from explorer to producer by producing liquid hydrocarbons, with helium module producing liquid set to take place soon.
Renergen will find…
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Electricity Supply Board and asset-focused energy company dCarbonX are joining to develop large-scale energy storage projects off the Irish coast.
ESB and dCarbonX believe there is a great opportunity to develop large-scale storage capacity off the Irish coast.
The upcoming joint venture will focus on three different green hydrogen storage opportunities based on proposed decarbonisation…
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Gascade, alongside partners NEL and OPAL & Co., is expected to provide the first LNG link to the German gas network. The LNG pipeline link should be ready before the end of 2022.
The transmission system operator plans to build the pipeline, measuring a few hundred metres long, connecting a first floating storage regasification unit (FSRU) to land as part of the ‘Deutsche Ostee’ LNG…
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China Petrochemical Corp, also known as Sinopec, the world’s largest refiner by volume, says it will further boost its green hydrogen manufacturing capabilities and expand its hydrogen refuelling network nationwide to establish itself as China’s largest hydrogen company.
The company will utilise its nationwide gas refuelling network and actively build its hydrogen refuelling network in…
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Enbridge and Humble Midstream agreed in May to develop and market a low-carbon hydrogen and ammonia production and export facility at the Enbridge Ingleside Energy Centre, which Enbridge acquired in 2021, in a $3 billion deal.
The potential cost of the new development is estimated to be between $2.5 billion and $3 billion. The new development would include a unit that turns natural gas into…
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The UK government has requested consultations for views on hydrogen transport and storage infrastructure business models, as well as regularity arrangements for strategic planning and the role of blending. The announcement follows the government’s commitment to the British Energy Security Strategy (BESS) to create new business models for hydrogen transportation and storage infrastructure by…
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StocExpo, the world’s leading bulk liquid storage event, which will be held 14-16 March 2023 at the Rotterdam Ahoy, is searching for the industry’s most dynamic professionals who are under the age of 40.
The initiative, now in its second year, showcases the rising stars of the industry – in tank storage, bulk liquid and the linked supply chain professions. The StocExpo 2023 Forty Under 40…
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IKAV, the international asset management group, agrees to acquire Aera Energy LLC (‘Aera’), through two separate transactions with the joint subsidiaries of ExxonMobil and Shell respectively. Both transactions are subject to regulatory approval.
Aera, one of California’s largest oil and gas producers, produced an estimated 95,000 barrels of crude oil per day, in 2021.
Aera will remain the…
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Fluxys, Advario Stolthaven Antwerp, and Avario Gas Terminal have joined forces to study the viability of an open-access green ammonia import terminal at the Port of Antwerp-Bruges. The plan includes offering the market a solution to growing demands for importing and storing green energy and raw materials in connection to ongoing decarbonisation.
Fluxys, Advario Stolhaven Antwerp (a 50:50 joint…
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GPS Group has announced the successful completion of its LPG storage terminal in Port Klang, Malaysia, with its first commercial operation in May of this year.
Situated in Port Klang, Malaysia’s busiest port, the new infrastructure will enable cost-advantaged shipments of fully laden very large gas carriers (VLGC) into Malaysia and the region. The fully automated facility makes it possible to…
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Shanghai and its local departments have announced extensive plans to build a regional hydrogen pipeline network and a national trading platform. Lin Boqiang says: ‘Hydrogen plays an important part in China’s promotion of new energy development to peak carbon emissions by 2030 and reach carbon neutrality by 2060.’
The concerted efforts to reduce emissions and carbon footprint include the…
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The conference programme for the upcoming AntwerpXL, the award-winning breakbulk, heavy-lift and project cargo event, has been unveiled.
AntwerpXL returns in 2022 and will bring the breakbulk community together again to showcase innovative technology, overcome industry challenges, and make connections. One of the highlights of the exhibition will of course be the Main Deck Conference, which…
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Oman’s Ministry of Energy and Minerals signed an agreement with Oman Tank Terminal Company (OTTCO) for the development of a new pipeline which will export Oman blend crude oil at the Ras Markaz crude oil terminal in the port town of Duqm, Oman.
OTTCO, a wholly owned subsidiary of the OQ Group (Oman’s international integrated energy company), has an ambition to create world-class oil-storage…
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A COSCO Shipping Lines containership has been successfully filled with marine biofuel in TotalEnergies’ first such bunkering operation in Singapore. The containership was bunkered with biofuel from TotalEnergies comprising VLSFO (very ow sulphur fuel oil) blended with 20% second-generation, waste-based and ISCC-certified UCOME (used cooking oil methyl ester).
Support from the Maritime and Port…
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Phenol and acetone producer INEOS Phenol has agreed to acquire the entire asset base of Mitsui Phenols Singapore from Mitsui Chemicals, a leading Japanese chemicals manufacturer, for a total consideration of $330 million (€330 million). The business has a turnover of $750 million and employs 120 people, that will transfer to INEOS Phenol, on completion expected during Q1 next year.
The move…
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The Australian federal government has given the gas and oil industry the green light to explore new offshore sites, spanning 46,758km2 of Commonwealth waters. 10 new sites off the coasts of the Northern Territory, Western Australia, Victoria and the Ashmore and Cartier Islands have been opened up for exploration.
‘The annual release of areas for offshore petroleum exploration supports ongoing…
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A fire that broke out at the Matanzas Supertanker Base in Cuba on 5 August 2022 reportedly came under control five days later on 9 August, after flames engulfed four of the eight storage tanks at the facility. As well as local firefighters, reinforcements from Mexico and Venezuela helped fight the blaze with boats, planes and helicopters by spraying foam on the containers.
The fire at 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/