INEOS led consortium announces breakthrough in CCS
His Royal Highness Crown Prince Frederik of Denmark officially initiated a world first with the safe injection of carbon dioxide from Belgium into a depleted oil field in the Danish […]
Naftogaz promotes gas storage and production cooperation
The head of Ukraine’s state-owned oil and gas company Naftogaz Group, Oleksiy Chernyshov is promoting Ukraine’s competitive underground gas storage (UGS) facilities and production cooperation opportunities for Europe, during a two-day […]
TSA appoints new President and Vice-President
The Tank Storage Association has appointed Wilma Kelly, HSE director at Certas Energy, as its new president, following a vote at the TSA’s annual general meeting. The trade association represents […]
Exolum invests in green hydrogen start-up H2Vector
Exolum is taking another step forward in its decarbonisation and diversification strategy by becoming a shareholder of H2Vector – a technology start-up, based in Asturias, Spain. H2Vector aims to provide […]
Baker Hughes awarded contract by Sempra for Port Arthur LNG project
Energy technology company, Baker Hughes has announced it has been awarded an order by Bechtel to supply two Main Refrigerant Compressors (MRCs) for Sempra Infrastructure’s Port Arthur LNG Phase 1 […]
ExxonMobil boosts fuel supply with $2 billion Beaumont refinery expansion
ExxonMobil has announced the successful startup of its Beaumont refinery, US, expansion project, which adds 250,000 barrels per day of capacity to one of the largest refining and petrochemical complexes […]
BlastOne acquires VertiDrive
BlastOne, the leading global provider of blasting and painting equipment and supplies, has announced the acquisition of VertiDrive, located in Rotterdam, the Netherlands. BlastOne has been acting as a […]
Enfinium and Navigator Terminals sign MoU for carbon capture rail project
Enfinium, one of the UK’s largest energy from waste operators, and Navigator Terminals, leading bulk liquid storage provider, have announced they have signed a memorandum of understanding (MoU) to collaborate […]
April/May 2023 edition out now!
Hot off the press after an incredibly successful StocExpo, the Tank Storage Magazine team has delivered another exciting edition, packed with exclusive interviews, insights and updates. In the April/May issue, readers can […]
StocExpo holds best ever event in Rotterdam
Earlier this month, an impressive 3,796 storage terminal professionals gathered in Rotterdam for this year’s hugely successful StocExpo. With two conference streams, a terminal tour, a new innovation & sustainability […]
Amogy secures $139m investment from SK Innovation
Emission-free, ammonia power solutions company, Amogy has announced a $139 million (€128 million) series B-1 fundraising. The round was led by intermediate holding company of SK Group, SK Innovation, joined by […]
BP and ADNOC to buy 50% of NewMed Energy
BP and Abu Dhabi’s state oil giant have made an offer to acquire 50% of Israeli offshore natural gas producer NewMed Energy for around $2 billion (€1.8 billion). The offer involves acquiring […]
Air Liquide announces new hydrogen cracking technology
French multinational industrial company, Air Liquide, has announced the construction of an industrial scale ammonia (NH3) cracking pilot plant in the port of Antwerp, Belgium. When transformed into ammonia, hydrogen […]
Saudi Aramco inks $12.2 billion China oil refinery
Saudi Aramco has signed an agreement with Chinese partners for an oil refinery and petrochemical project in northeast China expected to start in 2026 to meet the country’s growing demand for […]
Oil spill at Pernaco in Dorset
On Sunday 26 March a major incident was declared after an oil leak was found from an onshore field in Dorset, UK. The leak had come from the Wytch Farm […]
Libya signs South Refinery contract with Honeywell
A subsidiary of Libya’s state-owned National Oil Corp (NOC) has signed a contract with Honeywell for engineering work on the planned South Refinery project, estimated to cost between $500 million […]
Stolthaven Terminals joins the Ammonia Energy Association
Stolthaven Terminals has announced it has joined the Ammonia Energy Association (AEA), a global non-profit industry association that promotes the responsible use of ammonia as part of a sustainable energy […]
Tecam announces three new projects
Environmental technology company, Tecam has announced that it has been awarded three new projects for the removal of polluting emissions derived from the industrial processes generated at technically leader industrial […]
Denmark invites Nord Stream operator to salvage unidentified object
Denmark has invited the Russian-controlled operator of the Nord Stream 2 pipeline to help salvage an unidentified object found close to the only remaining intact gas pipeline under the Baltic […]
Absa Group aims for net zero carbon emissions by 2050
South African lender, Absa Group, aims to cut its net carbon emissions to zero by 2050 by curtailing lending to coal, oil and gas projects as well as increasing its exposure […]
Commissioning begins at Technip Energies’ Karbala refinery
Commissioning has begun at Technip Energies’ Karbala refinery PMC project in Iraq. Located approximately 100 km (62 miles) from Baghdad, Iraq, Karbala is Iraq’s first new refinery in decades and […]
Drax halts $2.5 billion biomass carbon capture plans
British power generator Drax has announced it will pause its planned £2 billion (€2.26 billion) UK investment in bioenergy with carbon capture and storage (BECCS) until it receives more clarity on […]
Technip Energies awarded contract CNOOC and Shell
Provider of consulting, engineering services and technologies, Technip Energies, has been awarded a contract by China National Offshore Oil Corporation (CNOOC) and Shell Petrochemicals. The contract is for the Huizhou Phase […]
Fire at INEOS Texas phenol plant
A fire broke out on Wednesday 22 March at an INEOS phenol plant in Pasadena, Texas, USA Officials say that truck backed into a loading dock at the plant and […]
Sempra reaches final investment decision on Port Arthur
US power and gas utility Sempra Energy has announced that the first phase of its proposed Port Arthur liquefied natural gas (LNG) export terminal will move ahead with investment firm KKR […]
Gerotto announces rebranding
Robotic solutions and tank cleaning company, Gerotto has announced the company’s new website and the new logo as part of a rebranding project. The little elephant that has distinguished Gerotto […]
Exolum secures contract to manage fuel terminal at Shannon airport
Exolum will operate the fuel storage terminal located at Shannon airport, Ireland, as the successful bidder of a tender process organised by the Shannon Airport Group. The company will manage […]
The best StocExpo yet…
On 14-16 March in Rotterdam, the Tank Storage Magazine team, along with organiser Easyfairs, held the StocExpo conference and exhibition. The leading event brought together a whole host of terminal […]
Greenergy and Hydrogenious LOHC Technologies develop green hydrogen supply chain
Greenergy and Hydrogenious LOHC Technologies have agreed to pursue a joint pre-feasibility study on the development of a commercial-scale hydrogen supply chain with the aim of shipping low-cost green hydrogen […]
Lhyfe and Centrica join for green hydrogen
The companies have signed a memorandum of understanding (MoU) that could accelerate green hydrogen as part of the energy transition in the UK. Lhyfe and Centrica will explore combing their […]
Okea buys Statfjord oilfield stake from Equinor
Norwegian independent oil and gas producer Okea has agreed to buy a 28% stake in Norway’s Statfjord production licence from Equinor for $220 million. The deal increases Okea’s total production by between […]
ESB and dCarbonX expand their partnership to develop UK onshore energy storage
ESB and dCarbonX have signed a memorandum of understanding (MoU) that will allow the companies to evaluate and progress onshore large-scale subsurface hydrogen energy storage opportunities in the United Kingdom. […]
