API signs new agreement with Ukraine to aid energy independence efforts
The American Petroleum Institute (API) and Ukraine’s national oil company, Ukrnafta have signed a memorandum of understanding (MoU) to promote the adoption of API natural gas and oil standards in […]
EXCLUSIVE INTERVIEW: TIW Steel Platework
TIW Steel Platework’s general manager, Daniel Wigmore, speaks to Tank Storage Magazine about the company’s long industry experience and projects. TIW Steel Platework was founded in 1907 under the name Toronto Iron Works. Its history is tied with the pioneering of Canada’s petroleum industry. The company was originally founded along Toronto’s waterfront by Albert Leroy Ellsworth, who also owned British American Oil Company at the time. Originally, its sole purposes was to supply British American with oil tanks and other process equipment for its refineries. ‘This changed in 1983 when TIW was purchased by Canadian Erectors who took the company from […]
Exclusivity agreement reached on South Australian LNG terminal
South Australian energy infrastructure developer, Venice Energy and one of Australia’s leading energy providers, Origin Energy (Origin), have agreed on a structural framework that will underwrite the commercial viability of […]
€500 million set for hydrogen storage facility
Centrica’s Irish subsidiary Bord Gáis Energy has joined ESB and dCarbonX’s subsurface green hydrogen storage project off the coast of Ireland. The Kestrel project, which is focused on the redevelopment […]
Israel awards gas exploration licenses
Israel’s Energy Ministry has announced that it has awarded 12 licences to six companies to explore natural gas off the country’s Mediterranean coast, aiming to create more competition and diversify […]
Cespa Química’s sustainable product solutions
Cepsa Química discusses its journey towards sustainable product solutions and the new reality in the chemicals market. LAB is an organic compound primarily used as an intermediate to produce LAS and LABSA, categorised as surfactants. LAS is the most consumed surfactant, supported by its strong technical performance, mainly used for home care applications. LABSA is also used in light-duty liquids (LDL), heavy-duty liquids (HDL), and unit dose applications (tablets and capsules) in laundry care and dishwashing and surface care products. Cepsa Química has redirected conventional LAB manufacturing by moving away from traditional fossil- based materials and reducing GHG emissions during […]
Engro Vopak Terminal achieves safety milestone
Engro Vopak Terminal located in Pakistan has achieved a safety milestone of 2 years free from reportable incidents. This milestone means that no one has been seriously injured while working […]
LBC Tank Terminals secures 5-star GRESB rating
LBC Tank Terminals has achieved the 5-star rating in the 2023 GRESB benchmark, a widely respected assessment of environmental, social, and governance (ESG) performance in real estate and infrastructure assets. […]
Qlayers’ automated solutions for anti-corrosive coatings
Dutch robotic manufacturer, Qlayers has developed an innovative automated solution for applying anti-corrosive coatings on large-scale oils and gas and chemical storage tanks. Its robotic solution enables contractors to carry out tank coating projects with higher safety, efficiency, and precision. Storage tanks’ durability and total lifecycle are often influenced by the degradation caused by the corrosion. Corrosion is the leading cause of the failure of aboveground storage tanks, according to the Environmental Protection Agency (EPA). Storage tank corrosion damage Most storage tanks are made from steel, an alloy susceptible to corrosion damage. Steel tanks are prone to rusting in the […]
TotalEnergies acquires renewable energy aggregator Quadra energy
TotalEnergies has signed agreements with the Aloys Wobben Foundation (AWS) to acquire the entire share capital of aggregator of renewable electricity production in Germany, Quadra Energy. Specialising in the aggregation […]
BP selects Johnson Matthey’s technology for its low carbon hydrogen project
Sustainable technologies company, Johnson Matthey and BP have announced they have signed a licensing and engineering agreement for Johnson Matthey’s LCH technology at BP’s proposed flagship low carbon (blue) hydrogen […]
Finland LNG terminal opens winter booking slots on Friday
Finland’s Gasgrid, which operates the floating liquefied natural gas (LNG) import terminal at Inkoo, Finland, will be opening booking for its revised winter slots for three days from Friday to […]
Exolum obtains 97 points in GRESB sustainability index
Exolum has garnered the highest possible five-star rating in the 2023 GRESB sustainability index with a score of 97 points out of 100. The company also obtained a leading position […]
Emerson software optimises asset maintenance
Emerson has announced the Plantweb Insight Valve Health Application, a powerful software tool that combines Fisher control valve expertise with advanced analytic algorithms. The new app makes it possible for […]
Advario completes refurbishment of Texas City terminal
Advario has just completed the refurbishment and repurposing of a 115,000-barrel storage tank at its Texas City Terminal, US. ‘We are very pleased to have just refurbished and repurposed a […]
Aramco and ENOWA to develop e-fuel demonstration plant
Aramco, a Global integrated energy and chemicals company, Aramco and NEOM’s energy and water company, ENOWA have announced the signing of a joint development agreement to construct and establish a […]
Navigator CO2 cancels pipeline project
Sustainable carbon solutions company, Navigator CO2 has announced that the development of its pipeline project has been cancelled. This is due to the challenges and the unpredictable nature of the […]
Global Tank Storage Award Winner: Nicholas Gohl
At the 2023 Global Tank Storage Awards in Rotterdam, Netherlands, Nicholas Gohl, CFO of Aquarius Energy, was presented with gold for the Outstanding Achievement award. The judges were impressed by the way Gohl champions terminals in both developed and emerging markets, understands the broader picture, and finds concrete ways to help communities – beyond making money. ‘I felt honoured enough just to be nominated for an award, let alone win gold,’ says Gohl. ‘I’m proud to represent a company that I’ve been a part of since its inception as a standalone group. So, winning this award is the cherry on the top.’ […]
ExxonMobil to acquire Pioneer Natural Resources
In its biggest deal in a decade, ExxonMobil is set to purchase Pioneer Natural Resources for $60 billion (€56.7 billion). Exxon will acquire more than 850,000 acres in the Permian […]
Implico becomes member of Independent Tank Storage Association UTV
As of October 2023, Implico is an associate member of the Independent Tank Storage Association UTV. As advocates for digital transformation, Implico aims to illuminate innovative pathways for Germany’s tank […]
Vitol targets Asia biofuel growth with specialist bunker barges
Energy and commodities company, Vitol is strengthening its position in Asia’s expanding biofuel market, with the delivery of specialised bunker barges to Singapore in 2024. From early next year, Vitol […]
Chevron announces agreement to acquire Hess
Chevron Corporation has announced that it has entered into a definitive agreement with Hess Corporation to acquire all of the outstanding shares of Hess in an all-stock transaction valued at […]
Eni signs long term LNG agreement for deliveries from North Field East expansion project in Qatar
Eni has signed a long-term contract with QatarEnergy LNG North Fielding West, the JV between Eni and QatarEnergy for the development of the North Field East (NFE) project in Qatar, […]
Alkion Introduces Bitumen to Portfolio
Alkion Terminals, part of Koole Terminals Group, is committed to growing its expertise and expanding the services they offer their customers. As part of this, Alkion Terminal Lisbon, Portugal, has […]
Unlocking Liquid Hydrogen Transportation: Highlights from the World Hydrogen Congress
On October 11, the World Hydrogen Congress hosted a fireside chat that delved into the numerous possibilities of ammonia as a key player in the energy transition. Richard Scott, ACME Group, led the discussion, joined by Jeremie Esquier from Technip Energies and Mark Tipping from Lloyd’s Register. The conversation revolved around the technical barriers, innovations in the supply chain, and the potential of green and blue ammonia in the global energy landscape. Technical barriers and ammonia transportation Ammonia has emerged as a key tool in the energy transition – and it’s not new to the industry. However, this popular bulk […]
Avaada Group sign MoU with Gopalpur Port for green ammonia
India’s prominent integrated energy platform, Avaada Group, has signed memorandum of understanding (MoU) with Gopalpur Port. This strategic alliance aims to establish a storage facility dedicated to storing green ammonia […]
Avoiding reputational damage and injuries
Aidan Doherty, managing director of Re-Gen Robotics, discusses how no-man tank cleaning can impact safety, costs and reputation. Tank cleaning plays a critical role in ensuring the efficiency and safety of oil storage facilities. Traditional practices involving a confined space entry (CSE) crew for cleaning and maintenance have proven to be hazardous, leading to avoidable fatalities, and accidents. Prioritising safe, reliable and efficient tank cleaning is vital to terminal operators. This is especially true when they consider the financial, human and reputational damage of accidents and injuries, not to mention the downtime associated with using a traditional manned crew. Thus, […]
TES announces new capacity booking round at Wilhelmshaven Green Energy Hub
Developer of energy supply and import hubs, Tree Energy Solutions (TES) – on behalf of Deutsche Grüngas und Energieversorgung GmbH (DGGEV) – has announced it is inviting market participants to […]
QatarEnergy and Shell sign 27-year LNG agreement
Affiliates of QatarEnergy and Shell have announced the signing of two long-term LNG sale and purchase agreements (SPAs) for the supply of up to 3.5 million tons per annum (MTPA) […]
BP Ships First LNG Cargo From Tangguh
BP has announced that the first cargo of liquefied natural gas (LNG) produced by the new third liquefaction train at the Tangguh LNG facility, in Papua Barat, Indonesia, has safely […]
Vopak secures ISCC certification for 29 terminals
29 terminals within the global Vopak network are now ISCC-certified to store sustainable products like sustainable aviation fuel and other biofuels and feedstocks. The ISCC-certified terminals will now be able […]
Green Biofuels seeks buyer after administration
At the beginning of October, UK future fuels company, Green Biofuels Ltd announced that it has gone into administration. This news come only 20 months after BP took a 30% […]
