StocExpo 2024: Channoil Energy: Evolving Trade Routes

Mark Waddington from Channoil Energy explores how evolving trade routes in the wake of geopolitical tensions have impacted flows across the world Share this article: Videos OnDemand Tank Storage Awards Meet the Winners: Project of the Year Award, 2024 Read More » November 29, 2024 Tank Storage Awards Meet the Winners: Emerging Technology Award, 2024 Read More » November 29, 2024 Tank Storage Awards Meet the Winners: Terminal of the Future Award, 2024 Read More » November 29, 2024 Tank Storage Awards Meet the Winners: Drones and Robotics Solution Award, 2024 Read More » November 29, 2024
I Squared Acquires Philippines Coastal Terminal

I Squared is to acquire Philippines Coastal Storage & Pipeline, and its affiliate entities. Based in the Subic Bay Freeport Zone, Philippines, and serving the Luzon Economic Corridor, Philippines Coastal
Vopak Launches Ammonia Market Consultation

To gauge market interest and understand customer demand, Vopak is launching a Market Consultation for Interest (MCI) for ammonia storage at Vopak Energy Park Antwerp. The initiative will begin on
Bundesnetzagentur Approves Germany’s Hydrogen Core Network

The Bundesnetzagentur (Germany’s regulatory office for electricity, gas, telecommunications, post and railway markets) has approved the hydrogen core network, proposed by gas transmission system operators. The hydrogen core network is
Neste & Braskem Collaborate on Polymer and Chemical Feedstocks

Neste and Braskem, the largest producer of thermoplastic resins in the Americas, have reached an agreement for the supply of renewable and recycled feedstocks for polymers and chemicals production. Braskem
Chane To Development CCS Hub

Chane is working with government and business partners to create a new hub for CO2 transshipment with the purpose of carbon capture and storage (CCS) in Duisburg, Germany. This hub
Advario, VFlowTech & JTC Sign For Clean Energy Storage

Advario, VFlowTech, and JTC have signed a memorandum of understanding (MoU) to collaborate on scaling up vanadium redox flow battery (VRFB) capacity for clean energy storage on Jurong Island, Singapore.
Vopak & WinGD Collaborate For Ammonia Storage

Vopak is collaborating with WinGD to evaluate ammonia as a clean fuel, the company announced on LinkedIn. Vopak says: ‘We’re thrilled to announce a new collaboration between Vopak in Singapore
China Gas & Vitol Enter Long-Term Swap Arrangement

China Gas and Vitol have entered into a long-term swap arrangement. Vitol will purchase 0.5 million tonnes of LNG from China Gas’ contracted US volume on free on board (FOB)
Baker Hughes to Provide Low-Emission Compressor Technology to TotalEnergies

Baker Hughes has been awarded a contract to supply advanced compression solutions to Saipem for TotalEnergies’ Kaminho floating production storage and offloading (FPSO) project in Angola. Baker Hughes’ centrifugal BCL
LNGCON 2025 To Drive Regulatory Talks

The 11th International LNG Congress brings up regulatory challenges and perspectives, gathering key players of the LNG market at the panel discussion. Industry leaders are going to discuss how businesses can adapt to the evolving policies and explore the sustainable future. LNGCON 2025 aims to foster dialogue and uncover new solutions on 10-12 March in Amsterdam, the Netherlands. The 11th International LNG Congress features the panel discussion titled ‘Navigating the regulatory horizon in LNG: policies and compliance.’ This session addresses the regulatory dynamics and industry perspectives within the LNG market, offering a space to explore effective solutions. One of the
20th Anniversary Interview: Anamika & Margaret

https://vimeo.com/1026522007?share=copy Join Editor Anamika Talwaria and Portfolio Director Margaret Dunn as they reminisce about the last 20 years of Tank Storage Magazine. Share this article: Videos OnDemand
TotalEnergies Sells Fuel Distribution Activities to SIM Distribuidora

TotalEnergies has signed an agreement to sell its fuel distribution activities in Brazil to SIM Distribuidora, a Brazilian company. The transaction involves a network of about 240 filling stations and
Technip Energies Awarded EcoVadis Platinum

Technip Energies’ approach to sustainability has been rated Platinum by the agency EcoVadis, putting it in the top 1 percent of companies assessed over the past year. This year, Technip
I Squared Acquires Tepsa Share

I Squared, a leading independent global infrastructure investment manager, has acquired the remaining 55% stake in Tepsa – a key player in the storage of bulk liquid and gas in
ADNOC Increases Fertiglobe Shares for Low-Carbon Ammonia Growth

ADNOC has acquired OCI Global’s 50% + 1 shareholding in Fertiglobe, increasing its share in the company to 86.2%, with 13.8% remaining in free float on the Abu Dhabi Securities
Gasum Opens Biogas Station

Gasum has opened a biogas filling station in Bærum, west of Oslo, expanding its biogas infrastructure in Norway. The biogas filling station, built in cooperation with landowner Eiendomsspar, offers compressed
Event Review: Tank Talk: Accelerating The Energy Transition

Hayley Armstrong, partner at AJW, and Ravi Bhatiani, executive director of FETSA discuss how policy changes are impacting the global energy landscape With scope 3 emissions reductions, ESG strategies and potential policy regulations helping to boost the energy transition, storage terminals have a range of incentives to meet transition goals. Hayley Armstrong, partner at AJW, and Ravi Bhatiani, executive director of FETSA, got together at Tank Storage Magazine’s latest Tank Talk, to look into the different routes to net zero and debate the way forward for storage terminals. Policy Overview Armstrong notes that the US has adopted a ‘carrot’ approach
Crosby Acquires Sweetener Business

Crosby Foods has announced the acquisition of the sweetener portfolio from Caesars Tea Inc. The acquisition adds five new SKUs to Crosby’s nutritive sweetener range, aligning with the company’s recent
Colonial Oil Industries Marine Division Achieves ISCC Plus & EU Certifications

Colonial Oil Industries is proud to announce that its Marine division has received ISCC certification from SCS Global Services. This certification recognises Colonial’s commitment to sustainability and its ability to
Neste To Power Verne Generators

Neste has announced it is to power Verne data centres’ back-up generators in Helsinki, Pori and Tampere in Finland. Neste’s renewable diesel helps Verne to transition its operations from fossil
Honeywell To Produce SAF At St1 Refinery

The St1 Refinery in Gothenburg, Sweden, has started using Honeywell’s Ecofining technology to produce sustainable aviation fuel (SAF). The biorefinery will provide SAF to regional airlines, including Braathens Regional Airlines.
UK Government Prioritises Skills Passport

A joint letter from the Department of Energy Security and Net Zero (DESNZ) and the Scottish Government to David Whitehouse, Chief Executive of Offshore Energies UK (OEUK) and Dan McGrail,
TGE Gas Engineering Completes Ammonia Project

TGE Gas Engineering has announced on LinkedIn that it has completed the first phase of commissioning activities for its ammonia project in Turkey. The BOG package commissioning, tank cool down
RuptureSeal: The Future of Emergency Leak Sealing

Discover the RuptureSeal’s quick and effective rupture break solution Rapid Sealing of leaks at a storage terminal facility can be the difference between a major incident costing millions, and a minor bump in the road. A fast response is crucial to reduce environmental impact, cost of cleanup and reputational damage. The RuptureSeal is an advanced solution to seal ruptures, leaks, and punctures in various containers. Engineered for quick deployment, the RuptureSeal is perfect for emergency scenarios involving fuel tanks, chemical tanks, and other vessels that require immediate leak containment. The RuptureSeal is straightforward and user-friendly, needing no specialist training. With
Earl Crochet: Navigating New Regulations

Earl Crochet, owner of Crochet Midstream Consulting, explores the fast pace of regulatory changes in the aboveground storage tank industry As someone who has been dealing with aboveground storage tanks (ASTs) for more than 36 years, I have seen drastic regulatory changes over that time. And the pace of this change continues to increase. In 1988, when I started on Plantation Pipe Line, a pipeline regulated by the Federal Department of Transportation (DOT), now known as the Pipeline and Hazardous Materials Safety Administration (PHMSA), the only regulation required was to do a yearly inspection on a tank (and no one
Power2X & Advario To Develop e-SAF Hub

Power2X and Advario have announced a new partnership, to develop a world-scale production and storage hub for sustainable aviation fuel (e-SAF) and synthetic, ultra-low carbon fuels in the Port of
Bilfinger Awarded 3-year Extension with Innospec

Bilfinger has been awarded a three-year extension to its maintenance term contract with global specialty chemicals company Innospec. This is a continuation of the industrial services provider’s 23-year relationship with
Voltfang Secures €8 million Investment

Voltfang, a leading innovator in green energy storage solutions, has announced the successful closing of its Series A financing round, raising more than €8 million, including €800,000 in secured grants.
QMax: Advanced Heating For Industrial Processes

QMax explains how its unique finned coils are revolutionising tank heating Industrial processes with high viscosities and melt/pour points normally require active heating when being held in tanks. Vessels for both long-term storage and day-use are regularly equipped with finned internal heating coils to maintain these processes at the ideal temperature for flow and pumpability. Compared to finned coils, the heat transfer rates of un-finned coils (known as ‘slick-pipe’) are typically so inefficient that the length of coil required makes their use impractical. As process viscosity increases, however, the primary challenge with finned internal heating coils is the build-up of
KBR Awarded Engineering & Procurement Contract

KBR has been awarded an engineering and procurement services contract for the Beachfield Manatee upgrade, the onshore portion of the Manatee gas field project, located off the east coast of
APM Terminals to Invest in Shore Power

APM Terminals Maasvlakte II (APMT MVII) will equip its Netherlands terminal with shore power from 2028. This is a significant step in making the port of Rotterdam more sustainable. For