News
Altrad employees at the Shell Bacton Gas Terminal in Norfolk have voted overwhelmingly to continue their pay-related strike action, which entered its sixth month.
GMB Union, which is representing the workers, recorded 100 per cent vote in favour on a 96 per cent turnout.
Altrad employees are currently paid around £1.20 per hour less than workers doing the same jobs at neighbouring…
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Bp has reached an agreement to sell its Gelsenkirchen refinery and related businesses to Klesch Group, an independent European refiner. The transaction represents another significant milestone in bp’s acceleration of its strategy, including simplifying the portfolio, strengthening the balance sheet and focusing the downstream on its leading integrated businesses.
Bp is now targeting $6.5 to…
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ABB is expanding its advanced leak detection portfolio with the launch of the workflow management platform EmissionVision, supporting faster methane leak repair across the natural gas industry. Built on ABB’s patented OA-ICOS laser absorption technology, EmissionVision streamlines the transition from traditional gas leak surveys to advanced leak detection. By connecting emission indications,…
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Dover Fueling Solutions (DFS), a part of Dover Corporation and a leading global provider of advanced customer-focused technologies, services and solutions in the fuel and convenience retail industry, introduces enhanced wireless connectivity for ProGauge DMP Magnetostrictive probes and ProGauge DMP Flex Magnetostrictive probes (formerly branded DFS DMP) with the launch of the ProGauge DMP…
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Terminal manager at LBC Rotterdam, Mathias Potvin, explores the role of tank storage infrastructure in enabling a net-zero economy
The circular economy is rapidly moving from theory into operational reality, and tank terminals have a growing role to play in making that transition scalable. Terminals are no longer only logistics nodes that store products until they are shipped onward.…
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Global relations have changed significantly over the last few years, but storage terminals will find business opportunities, says FETSA’s executive director Ravi Bhatiani
It feels as though we have crossed the Rubicon when it comes to stability of the global order at the moment. Notably, we’re experiencing a shift from unipolarity to multipolarity. For the first time since World War Two,…
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Neste has successfully commissioned its new upgrading facility for liquefied waste plastic (LWP) at its Porvoo refinery in Finland. This €111 million investment marks a major milestone in the scale-up of chemical recycling, enabling the production of high-quality feedstock for the plastics and chemicals industry. With an annual capacity to process up to 150,000 tonnes of liquefied waste…
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Evos Rotterdam has commenced the realisation of a major expansion project for (low-carbon) methanol and ethanol storage, following a signing ceremony held at the Port of Rotterdam. The ceremony was attended by Daan Vos, CEO of Evos, and Boudewijn Siemons, CEO of the Port of Rotterdam Authority, marking an important milestone in the collaboration between the two parties.
The project includes the…
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As seismic shifts are happening in the global geopolitical and economic landscape, a panel of experts at StocExpo 2026 looked at how these could impact product flows and how the tank storage industry may respond.
Ramon Ernst, integration leader at Curoil, looked at how the landscape keeps constantly shifting. ‘Two months ago, all we talked about was Venezuela,’ he said. ‘Now we are only…
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Power2X have announced that the company has completed a trial digging at its project site in the Port of Rotterdam, kicking off actual field work for Power2X eFuels Rotterdam.
Although this isn’t the start of construction yet, these excavations are important to verify available space in the pipeline corridor ensuring direct supply of synthetic Sustainable Aviation Fuel (e-SAF) to the CEPS…
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Stolt-Nielsen Limited through its subsidiary Stolt-Nielsen Gas Ltd., has announced that it has entered into a share purchase agreement to sell 50% of Avenir LNG Limited (Avenir LNG) to Nippon Yusen Kabushiki Kaisha (NYK Line). Avenir LNG was founded in 2017 and has grown into a leading player in the liquefied natural gas (LNG) bunkering sector, operating a global fleet of LNG bunker…
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OX2 and Södra, together with the e-NG project development company TES, today announced that they are advancing their development plans for an e-NG (electric natural gas) facility at the Värö peninsula in Varberg, Sweden, by entering the Pre-Front-End Engineering Design (Pre-FEED) phase. The decision follows the signing of a Letter of Intent in January 2025 and the successful completion of an…
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Could liquid air energy storage be the key to electrification? Tank Storage Magazine investigates
The UK government kicked off 2026 with a record-breaking auction for offshore wind. The 8.4GW secured would generate enough clean electricity to power the equivalent of over 12 million homes. Or, at least, it could if the country didn’t face a huge energy storage problem.
Enter: Highview Power.…
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Seatrium has been awarded a contract by Karpowership, for the conversion of a new Floating Storage Regasification Unit (“FSRU”). Karpowership is a longstanding customer for Seatrium, renowned for owning, operating and building the world’s largest Powership (floating power plant) fleet. This latest contract award signals a progression of an earlier letter of intent (“LOI”) signed between…
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Avenir Marine Limited, a wholly owned subsidiary of Avenir LNG, has signed a framework fuel supply agreement with the shipping company A.P. Moller - Maersk. Under the Agreement, signed already in H2 2025, Maersk and Avenir will start the supply of bio-LNG with lower GHG emissions in 2027. The first deliveries will be in alignment with the delivery of the first dual-fuel liquefied gas vessels…
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SEFE Securing Energy for Europe and Argentina’s Southern Energy S.A. (SESA) have entered a Sales and Purchase Agreement for an eight-year LNG supply partnership. Under the agreement, SEFE will purchase two million tonnes per annum (mtpa) of LNG on a free on board (FOB) basis, with deliveries scheduled to begin in late 2027. The Sales and Purchase Agreement follows the Heads of Agreement…
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MOL and Slovnaft have submitted a formal complaint to the Directorate-General for Competition of the European Commission alleging that JANAF, the company operating the Croatian crude oil pipeline, is abusing its monopoly position.
On 27 January 2026, crude oil deliveries to Hungary and Slovakia via the Druzhba pipeline were interrupted. The pipeline has been out of service since then,…
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Archive edition:
Vol 22 Issue 06
Date published: February 2026
[real3dflipbook id='25']
In this issue...
EXCLUSIVE: In Conversation with Fabian Ziegler
Chane's new CEO gives his first interview exclusively to Tank Storage Magazine and shares his vision for the company's future
Storage Investment in a Shifting World
The experts at Energex look at investor trends shaping storage sector…
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UPDATED 03/03/2026 @ 09:52 GMT
A fuel tank at the Port of Duqm, Oman, has been targeted in a drone attack, according to the country's state news agency. No casualties have been reported.
Previous updates below
(more…)
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Moeve has approved the Final Investment Decision (FID) of the first phase of its flagship Andalusian Green Hydrogen Valley, making Southern Europe’s largest green hydrogen project a reality.
CEO Maarten Wetselaar said in a post on LinkedIn: 'I am proud to announce a defining milestone of our #PositiveMotion strategy, driven by our firm belief in green molecules as a cornerstone of Europe’s…
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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/