News
Tank Storage Magazine speaks exclusively to Leakhena Swett, the ILTA’s new president about the association’s new initiatives and growth
In December 2023, after four years as the ILTA’s executive vice president, Leakhena Swett assumed the position of interim president. ‘I was brought on to the ILTA to help with the memberships and marketing side of things,’ she says. ‘My first…
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ADNOC and IndianOil have signeda long-term heads of agreement (LNG agreement) for the delivery of 1 million tonnes per annum (mtpa) of liquefied natural gas (LNG).
The LNG will primarily be sourced from ADNOC’s lower-carbon Ruwais LNG project, which is currently under development in Al Ruwais Industrial City, Abu Dhabi, and is expected to start commercial operations in 2028. Under the 15-year…
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Centrica Energy Storage has awarded Technip Energies the project management and consultancy contract for the front-end engineering and design (FEED) of its hydrogen-ready gas storage project in east Yorkshire, UK.
Technip Energies announced on LinkedIn that: ‘We are proud to support the proposed development of hydrogen facilities through this key piece of national infrastructure in the…
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Aramex UK, one of the UK’s leading global logistics providers servicing the oil and gas sector, has opened a new branch in Aberdeen, Scotland as it looks to enhance its presence within the sector.
Situated in what is dubbed as the Oil Capital of Europe, Aramex UK has strategically chosen Aberdeen as its hub to also open a brand-new warehousing facility to serve new and existing oil and gas…
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KH Engineering and VTTI are working together to integrate conventional energy storage with the development of more sustainable fuels, such as renewable natural gas (RNG), liquefied natural gas (LNG) and biofuels. Both companies are working towards a CO₂-neutral future.
KH Engineering announced on LinkedIn that within this partnership, both companies will work on elaborating the basis of design…
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Worley is partnering with Shell to help decarbonise its chemical plants in Germany. The Wesseling site, located in the Energy and Chemicals Park Rheinland, Germany, plans to stop processing crude oils in 2025. The first project that Worley is working on is converting the site’s hydrocracker into a base oil production unit, to make high quality lubricants such as engine and transmission…
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BW LNG has signed a 10-year charter with the National Electric Power Company (NEPCO), in Jordan, to deploy a floating storage unit (FSU), which NEPCO will own at the end of the arrangement. The vessel will be moored at Sheikh Sabah LNG Terminal, Aqaba, for 10 years, and will play a pivotal role in strengthening Jordan’s national energy security needs.
The LNG carrier will undergo conversion to…
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OCI Global, a leading global producer and distributor of hydrogen products has reached an agreement for the sale of 100% of its equity interests in its Global Methanol Business (OCI Methanol) to Methanex Corporation for a total consideration of $2.05 billion (€1.86 billion) on a cash-free and debt-free basis.
Under the proposed transaction, Methanex will acquire 100% of the equity interests in…
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Linde has signed a long-term agreement for the supply of clean hydrogen to Dow’s Fort Saskatchewan Path2Zero Project in Canada. The company will invest more than $2 billion (€1.3 billion) to build, own and operate a world-scale integrated clean hydrogen and atmospheric gases facility in Alberta, Canada.
Linde’s complex will use autothermal reforming, combined with Linde’s proprietary…
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A new company, under the name Meridian Infrastructure has been announced. It was posted on LinkedIn, that the new infrastructure company will focus on development and will operate advantaged, sophisticated infrastructure for storing and handling liquid products. The company also went onto state: ‘Our vision is to provide innovative solutions that increase the efficiency and protect the…
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ADNOC is to acquire a 35% equity stake in Baytown, Texas, a project that will produce virtually carbon-free hydrogen. The investment will support both companies’ net zero ambitions, accelerate decarbonisation of hard-to-abate sectors, and meet rising demand for low-carbon hydrogen and ammonia.
The facility will leverage advanced carbon capture and storage technologies to reduce emissions…
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The contract is to supply 19 LNG cargoes, or up to approximately 0.5 million tonnes of LNG per annum over a period of three years plus one quarter. The contract will commence in the fourth quarter of 2025 with LNG being supplied from Santos’ global portfolio of world-class LNG assets on a delivered ex-ship basis.
Santos managing director and chief executive officer Kevin Gallagher says: ‘The…
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ORLEN has entered into a five-year exclusive agreement with Lithuania’s KN Energies, previously known as Klaipedos Nafta, granting it sole access to a small-scale LNG reloading wharf station in Klaipėda, which will bolster gas supply to north-eastern Poland and the broader Baltic region. Since the initiation of an earlier contract, ORLEN has received nearly 60 thousand tonnes of liquefied…
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One of the challenges of print magazine production is trying to predict what might happen as your audience picks up the issue. In the case of our North America edition, the year-round nature of this edition makes that prediction even harder. Many of you will be picking up a physical copy of this edition for the first time at a trade show or conference set to happen just before the US November…
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BOTAS and Shell International Trading Middle East Fze have signed a ten-year agreement through which Shell will supply BOTAS with up to 4 billion cubic metres of liquefied natural gas (LNG) a year from its US and global portfolio, with deliveries starting in 2027.The deal will enable BOTAS to expand its LNG access and use its extensive terminal and pipeline infrastructure to help Turkey to…
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BP America's Cherry Point Refinery in Washington State, USA, will soon begin producing sustainable aviation fuel (SAF) using renewable biomass feedstocks. This is thanks to a federal grant of $26.8 million (€24.2 million) awarded under a programme authored by US Senator Maria Cantwell, chair of the Senate Commerce, Science, and Transportation Committee.
BP estimates being able to produce 10…
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Mexico Pacific, owner of the Saguaro Energía LNG facility and associated Sierra Madre Pipeline, have announced that it has signed a sales and purchase agreement (SPA) with POSCO International Corporation (POSCO International), Korea’s largest energy trading company and a global leader in the pursuit of a sustainable future.
Pursuant to the SPA, POSCO International will purchase 0.7 million…
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EET has announced the appointment of Adrian Curry as Chief Decarbonisation Officer of EET Fuels effective 2 September, 2024.
Adrian will lead the development and implementation of EET Fuels’ energy transition strategy, with the goal of delivering the world’s leading low carbon process refinery. He brings extensive experience as a seasoned chair, managing director, and board member across…
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TotalEnergies has announced the launch of a pilot project consisting in a floating wind turbine to supply renewable power to Culzean offshore platform in the UK's North Sea, thus pioneering an innovative decarbonisation scheme.
The 3 MW floating wind turbine will be located 2 km west of the Culzean platform, 220 km off the eastern coast of Scotland. This turbine, expected to be fully operational…
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