MOL Acquires LBC Tank Terminals

A person writing on a piece of paper

LBC Tank Terminals (LBC) has announced a change in ownership. An agreement has been reached between its current owners (Ardian, APG and PGGM) and Mitsui O.S.K. Lines (MOL), marking the […]

Vopak To Expand Thai Terminal For Ethane Storage

Outline of workers on a site

Vopak has reached a positive final investment decision in expanding its global industrial terminal footprint by constructing 160,000 m3 tank infrastructure in Map Ta Phut, Rayong, Thailand, to support the […]

Introducing: Samp’s Shared Reality

Ahead of speaking at StocExpo, Samp’s COO Thomas Grand explains how a data – driven approach can improve terminal operations The tank storage industry faces a wide array of challenges, […]

Honeywell To Acquire Sundyne

Two people leaning on desk signing papers

Honeywell has announced that it has agreed to acquire Sundyne from private equity firm Warburg Pincus for $2.16 billion (€2 billion) in an all-cash transaction. This represents approximately 14.5x 2024 […]

Vitol & LNGPH Sign Gas Supply Deal

A person writing on a piece of paper

LNGPH, the integrated liquefied natural gas (LNG) power facilities of South Premiere Power (SPPC) and Excellent Energy Resources (EERI), have signed an LNG sale and purchase agreement (LNG SPA) with […]

Emerson Releases New Fixed Point Gas Detector

Emerson has announced the release of the Rosemount 625IR Fixed Gas Detector, designed to provide reliable and fast gas detection in all plant environments using advanced optical absorption detection technology. […]

Protego: Under Pressure

Oil tanks in the distance with blue sky.

Protego’s Thorsten Schaper explains how optimising the set pressure of tank breather valves can help reduce emissions and nitrogen consumption Breather valves have an important role to play in reducing […]

LBC Seabrook Terminal in Night Departure

LBC Tank Terminal’s Seabrook facility in Galveston, Texas, USA, has achieved a new milestone with its first night-time vessel departure following the lifting of daylight restrictions. The company made an […]

Spring 2025

Archive edition: Volume 21 Issue 01 Date published: March 2025 Spring 2025 By Anamika Talwaria March 4, 2025 In this issue… Liquin: A Fresh Start We speak exclusively to the team at Liquin Terminal Botlek about their divestment from Vopak and what visitors to StocExpo can expect from the exclusive terminal tour Buncefield: 20 Years On Ulf Hinterscheid looks at what has changed in the tank storage industry since the Buncefield explosion in the UK What you need to know about CBAM The team at Redshaw Advisors explain the resources needed to navigate the CBAM framework effectively StocExpo Sneak Peek […]

This post is only available to members. Please login below, or purchase Tank Storage Magazine Subscription – Print & Digital Subscription or Tank Storage Magazine Subscription – Digital Subscription to access this post.

log in

StocExpo Reveals Forty Under 40 for 2025

StocExpo has announced the Forty Under 40 winners for the Class of 2025. Join us in celebrating young rising talent in this industry on 11 & 12 March in Rotterdam, with a ceremony and drinks on 12 March at 12:20. Congratulations to the winners: Abdulmajeed Alanazi, Khafji Joint Operations Co (KJO) Akansha Gupta, Emerson – Sweden Alex Thompson, Pembina Pipeline Corporation Amanda de Bruine, UAB-Online Anisha Khanna, Vopak Anne Been, LBC Rotterdam B.V. Ben Adamson, EWFM Bernardo Valentim, Petrobras Transportes – TRANSPETRO Birgit Multhaupt, Rosen Dan Maleski, Redshaw Advisors David Wendel, ETS Group GmbH Dr Selin Calik, Women in Smart […]

This post is only available to members. Please login below, or purchase Tank Storage Magazine Subscription – Print & Digital Subscription or Tank Storage Magazine Subscription – Digital Subscription to access this post.

log in

Eni & Petronas To Combine Upstream Assets

A person writing on a piece of paper

Eni and Petronas have announced a memorandum of understanding to progress detailed discussions on establishing a joint venture holding company to oversee selected upstream assets in Indonesia and Malaysia. Both […]

VTTI & Pyrum Partner for Antwerp Tyre Plant

VTTI and Pyrum are to develop a state-of-the-art waste tyres recycling thermolysis plant at VTTI’s Antwerp Terminal (ATPC, Belgium). The new plant will have a processing capacity of up to […]

ADNOC & Osaka Gas in 15-Year LNG Deal

ADNOC has signed a Sales and Purchase Agreement (SPA) with Osaka Gas, one of Japan’s largest utility companies, for the supply of up to 0.8 million tonnes per annum (mtpa) […]

BP Resets Fossil Fuel Strategy

BP tanker truck refilling

BP has fundamentally reset its strategy, with significant capital reallocation, and plans to drive improved performance, aimed at growing free cash flow, returns and long-term shareholder value. This strategy will […]

Rio Tinto Tests Neste MY Renewable Diesel

Map with pins it in

Neste MY Renewable Diesel has helped fuel Rio Tinto’s Pilbara iron ore operations for the first time, with the completion of a successful trial of biofuel across its network of […]

VTTI & Pyrum To Develop Thermolysis Plant

seven construction workers standing on white field

VTTI has entered into an agreement with Pyrum Innovations AG to develop a state-of-the-art waste tyres recycling thermolysis plant at VTTI’s Antwerp terminal (ATPC) in Belgium. This agreement marks a […]

FETSA Criticises European Commission’s Clean Industrial Deal & Affordable Energy Packages

A blue flag with stars

The Federation of European Tank Storage Associations (FETSA) is disappointed by the European Commission’s Clean Industrial Deal and Affordable Energy Packages, urging a more comprehensive and strategic approach to Europe’s industrial challenges. While the Commission’s proposals reflect a worthy commitment to sustainability, they fail to adequately address the critical issues that are eroding Europe’s industrial base and competitiveness. ‘The European Commission’s approach to the Clean Industrial Deal and Affordable Energy Packages risks being more of a symbolic gesture than a solution to Europe’s industrial crisis,’ says Ravi Bhatiani, FETSA Executive Director. ‘The Commission should be focusing on addressing the underlying […]

This post is only available to members. Please login below, or purchase Tank Storage Magazine Subscription – Print & Digital Subscription or Tank Storage Magazine Subscription – Digital Subscription to access this post.

log in

Aramco Acquires 25% of Unioil Petroleum Philippines

Global energy and chemicals company Aramco has signed definitive agreements to acquire a 25% equity stake in Unioil Petroleum Philippines, one of the country’s largest oil companies. The acquisition of […]

Enagás Terminals To Supply BioLNG in Spain

Outline of workers on a site

Enagás will launch a BioLNG supply service at the company’s regasification terminals in Barcelona and Huelva, Spain, which will allow this decarbonised fuel to be loaded onto tankers and ships, […]

Wood Secures Engineering Contract with Shell UK

A person writing on a piece of paper

Wood has been awarded a $120 million (€115 million) contract extension by Shell UK to provide brownfield engineering, procurement and construction (EPC) to onshore and offshore assets across the UK. […]

Wood To Deliver FEED For European Hydrogen Facility

A woman fills in a form on paper with a black pen.

Wood has been awarded the front-end engineering design (FEED) scope for the Zeevonk hydrogen facility, in Rotterdam, Netherlands. The hydrogen plant will be powered by offshore wind and floating offshore […]