Terminal News
The United States’ Department of Energy (DOE) has announced $40 million (€40.1m) in funding to advance the development and deployment of clean hydrogen technologies. The move represents a significant stride towards President Biden’s goals of creating a net zero carbon economy by 2050.
The aim is to advance the DOE’s Hydrogen Shot goal of reducing the cost of clean hydrogen to $1 per kg…
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INOXCVA, an Indian multinational, among the world’s leading manufacturers of cryogenic equipment and solutions, has waved off the largest bulk liquid hydrogen storage tank ever made in India. The tank has left INOXCVA’s Kandla facility in India to a clean energy demonstration project in South Korea. With a massive storage capacity of 238m3, the cryogenic storage tank is built to European…
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Catherine Gras, CEO of Storengy UK and Germany, examines the options
THE ROLE OF NATURAL GAS STORAGE TODAY
Underground storage is a crucial component of today’s natural gas markets. Storage brings a number of benefits to gas users. A storage is a tool to manage efficiently volume and price risks, storing energy when it is less needed and when prices are lower, and taking it back when there is…
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Lucia van Geuns and Irina Patrahau from The Hague Centre for Strategic Studies (HCSS) discuss uncertainty and the need for collaboration
The global energy transition will undoubtedly bring challenges for states and companies alike, changing the global power balance and the architecture of economies. The tank storage sector can be part of the solution to these challenges. While the products in…
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The leading and only independent cavern operator in northwest Europe is preparing for underground hydrogen storage STORAG ETZEL was formerly a public enterprise under the name IVG. It was commissioned in 1971 to build an underground storage facility at Etzel, Germany, with a capacity of 10 million tonnes. This was to store crude oil as a national stockpile and to operate the aboveground…
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Tank Storage Magazine takes a look back at some of the most impressive tank roofing projects over recent months
Discus
Project management of onsite tank work requires anticipation and adjustment to a myriad of variables. Every component of a project is a variable. Operational requirements are often the highest priority variable to the owner.
In a recent project in Corpus Christi, Texas, US,…
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The leading and only independent cavern operator in northwest Europe is preparing for underground hydrogen storage
STORAG ETZEL was formerly a public enterprise under the name IVG. It was commissioned in 1971 to build an underground storage facility at Etzel, Germany, with a capacity of 10 million tonnes. This was to store crude oil as a national stockpile and to operate the aboveground…
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Wayne Geyer looks at the variety of causes in tank fires and explosions, and the importance of awareness
Explosions and fires in the petrochemical industry capture headline news locally, nationally, and globally depending on the severity and location. Best practices with safety in operations and management are essential to avoid injury and death.
Unfortunately, far too many incidents continue…
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HydroCarbon Solutions’ tank cleaning technology generates useable oil from tank sludge
Born in oilfields of West Texas back in 2004, HydroCarbon Solutions (HCS) has been cleaning aboveground storage tanks one at a time for the past 17 years. Bringing environmentally friendly technology and non-person entry to the hazardous job of crude oil tank deposition cleaning, HCS has seen the demand for…
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Ingrid Pederson looks at the drawbacks of time-based inspections and the improvements gained by switching to risk-based inspections
Political obstinacy frequently cancels new pipeline projects while the energy demand continues to grow. This dichotomy is requiring existing infrastructure to be maintained longer and pushed harder. At the same time oil price crashes and a global pandemic have…
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How one Canadian company reduced the time required to clean a tank from three months to three weeks
Canada-based Radical Robotics is an explosion-proof robotics company, specialising in tank cleaning using a combination of automated robotic tools and revolutionary software.
Its equipment is used for the likes of ConocoPhillips, Suncor, Imperial Oil, Enbridge, Syncrude, Meg Energy, Syncrude,…
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Emerson’s Richard Ireland runs through updates to the API 2350 standard for overfill prevention of atmospheric storage tanks
The dominance of the US in hydrocarbon extraction, refining and transportation is supported by the existence of ample, efficient and safe hydrocarbon-storage facilities. The American Petroleum Institute (API) is the recognised standards development organisation for every…
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Three oil export terminals in the Gulf of Mexico have now reopened after being closed on 2 January.
The state-owned company Petroleos Mexicanos, or Pemex, was forced to close its sites at Dos Bocas port, Coatzacoalcos and Cayo Arcas due to bad weather.
Dos Bocas port reopened yesterday (4 January), while its two larger sister sites reopened on 3 January.
However, closures during winter and…
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Langsat Terminal, Vopak, Petronas, DoveChem, Oiltanking, MMC Oil and Gas, MISC, LBC, SK Energy, Jurong Port, ConocoPhillips, Thai Oil, Dialog, Sime Derby - just some of the names registered for next week's Tank Storage Asia expo & conference, on 10-11 November at the Hotel Maya in Kuala Lumpur, Malaysia.
The two day conference and exhibition, organised by market leading publication Tank…
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Oil producers have set their stocks out to sea by storing 50 million barrels in supertankers, as supply floods the market.
The swell in floating storage, which constitutes enough to meet France' oil imports for a month and the biggest since late 2001, is likely to pressure the Opec oil cartel to make commit to a greater production plunge to reduce stocks.
'Everybody is supporting a…
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