POSCO to invest €753 million to increase LNG storage capacity
POSCO International has announced that it will increase its LNG storage capacity by spending 1 trillion won (€753 million) to build a new LNG terminal in South Korea. The LNG […]
Prax launches £300 million carbon capture project
Oil refining, storage, distribution and sales conglomerate, Prax Lindsey Oil Refinery has announced plans to build a £300 million (€335 million) carbon capture plant, as the Prax Group undertakes a […]
India commits €3.34 billion to state oil companies’ energy transition
India has announced it will provide 300 billion Indian rupees (€3.34 billion) to help state-run oil refiners move towards cleaner energy, a step aimed at helping the country achieve its […]
Actility and TWTG partner to strengthen industrial LoRaWAN solutions
Actility and TWTG have announced a partnership to open opportunities for more LoRaWAN applications by offering partners and customers clear benefits. Wirelessly connecting devices to the internet and managing communication […]
AquaChemie opens $50 million petrochemical terminal
Leading regional player for process industry chemicals, AquaChemie Middle East has announced its world-class petrochemical terminal in DP World’s Jebel Ali Port in Dubai. The advanced $50 million (€45 million) […]
VARO and Lufthansa sign MoU for production and supply SAF
Energy supplier, VARO Energy and airline group, Lufthansa Group have announced the signing of a memorandum of understanding (MoU) to explore the production and supply of sustainable aviation fuel (SAF). […]
Atome Energy establishes joint venture with Cavendish in central America
Atome Energy and Cavendish, the renewable energy arm of Grupo Purdy, have established a new joint venture enterprise: National Ammonia Corporation (NAC). The new company is owned equally and headquartered […]
ExxonMobil announces next step in FEED facility
ExxonMobil has announced the next step in the development of the world’s largest low-carbon hydrogen production facility with a contract award for front-end engineering and design (FEED). ExxonMobil’s Baytown, Texas, […]
GPS and GES merge to develop next generation of energy storage
Low carbon energy storage company, GES, and independent storage and logistics company, GPS, have announced they have combined both businesses to create a major player in the energy storage sector. […]
Russia-Ukraine war accelerating energy transition, says BP
The BP Energy Outlook 2023 report on Monday explored the speed and shape the energy transition may take to 2050. Two main elements, according to BP, are shaping the transition: […]
Techniq Energy hits milestone
French engineering and technology company, Techniq Energies has announced the successful commissioning of the plant on the Nayara FCCU Revamp project in India and safe handover to operational teams. They […]
Baker Hughes and Fortescue Future Industries sign MoU
Oil field services companies, Baker Hughes has announced a memorandum of understanding (MoU) with renewable energy and green hydrogen asset company, Fortescue Future Industries. The MoU is to jointly explore potential opportunities […]
Petronas and ExxonMobil sign for CCS
Malaysian oil and gas company, Petronas has signed two project development agreements with American multinational oil and gas corporation, ExxonMobil to jointly pursue carbon capture and storage (CCS) activation projects […]
Advario Stolthaven Antwerp announces ISCC certification
Advario Stolthaven Antwerp has received its ISCC certification, as part of paving the way to a sustainable future. The ISCC certification is a globally applicable certification system and covers all […]
Technip Energies signs two MoUs to accelerate energy transition in Canada
Technip Energies has signed two separate MoUs: one with PCL Industrial Management, and another with Capital Engineering, to work on energy transition markets in Canada. Technip Energies will provide conceptual, […]
Idemitsu, HEPCO and JAPEX sign MoU for CCUS
Japanese petroleum company, Idemitsu, electric company, Hokkaido Electric Power (HEPCO), and Japan Petroleum Exploration (JAPEX) have announced the beginning of a joint study for implementing carbon dioxide capture, utilisation and […]
Port of Rotterdam and STC International organise energy transition training
The Port of Rotterdam Authority and STC International are collaborating to organise the Port Energy Transition Management Programme from 20 to 23 March. During the course, port professionals will gain […]
Stolthaven Terminals and XL Batteries sign MoU
Stolthaven Terminals and grid scale energy storage, XL Batteries have signed a memorandum of understanding (MoU) for the development of a flow battery with industrial-scale electricity storage capability. The partnership […]
Workers strike at French refineries
Workers in France are striking over government proposals to increase the retirement age from 62 to 64. TotalEnergies reported that strike action has interrupted shipments at several production sites in […]
Chevron and AIR partner for new technology for in-service tank inspection
Multinational energy corporation, Chevron is contributing to a joint collaborative development project for robotic solution company, Applied Impact Robotics (AIR) technology. This novel robot solution enables remote, in-service inspection of […]
Saudi Aramco announces investment in Terra Drone
Leading oil producer, Saudi Aramco has announced it is making a multi-million dollar investment in Japanese drone and air mobility technology company, Terra Drone. This investments falls in line with […]
Tank Talk: Join the Future Fuels Conversation
Tank Talk is back next month! Join the Tank Storage Magazine team as we speak to experts from Hydrogenious LOHC and Uniper to talk about the role of hydrogen on […]
Suma announces management expansion
Manufacturer of agitators, Suma has annouced the expansion of their management board. Since January 01, 2023, Lena Thürwächter has been a member of the management board at Suma and in […]
Japan’s IHI Corp studies conversion of LNG terminals for ammonia
Japan’s IHI Corporation is looking into the possible conversion of LNG receiving and storage terminals located close to gas-fired power plants into ammonia-based facilities. IHI will investigate the potential to modify […]
Koole Terminals acquires Maastank
Koole Terminals has acquired Maastank B.V. The Maastank terminal in Botlek Rotterdam, Netherlands formerly part of the Dekker Group, is a key player in the Rotterdam port area in the […]
FPSO vessel successfully sets sail for BP project site
A floating production, storage and offloading (FPSO) vessel for the BP-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project has started travelling to the project site, off the coasts […]
Hive Energy invests in green hydrogen storage and carrier technology
UK-based renewable energy company, Hive Energy, has invested $1.6 million (€1 million) in Australia-based Carbon280 alongside Woodside Energy, a global energy company founded in Australia. A total of $7.6 million […]
bp to evaluate feasibility of new German hydrogen hub
Energy giant, bp has announced it will evaluate the feasibility of building a new hydrogen hub in Germany. The project, which would be located in Wilhelmshaven, is expected to include […]
Baker Hughes announces new EVP of industrial & energy technology
Oil field services companies, Baker Hughes has announced Ganesh Ramaswamy as executive vice president (EVP) of the industrial & energy technology (IET) business segment as of January 16. Ramaswamy’s appointment […]
thyssenkrupp Uhde and ADNOC sign MoU for ammonia cracking plant
Global technology company, thyssenkrupp Uhde and oil company, ADNOC have signed a memorandum of understanding (MoU) to explore a long-term partnership to create new markets for hydrogen and promote global […]
China refinery blast kills five
More than 30 people have been injured in a refinery fire and explosion, in Panjin, Liaoning province, China on January 15. According to Sky News (embed link), at least five […]
Six injured at Texas refinery
Firefighting crews in the USA have extinguished a fire, which occurred January 17 at Phillips 66’s 149,000-barrel-per-day joint-venture refinery in Borger, Texas. The company confirmed that six people have been […]
