In conversation with Daiva Angeldorff
Daiva Angeldorff, CEO of Nordic Storage chats with our staff writer, Molly, about winning the silver Outstanding Achievement Award at the 2022 Tank Storage Awards Molly: Why did you enter […]
Sempra and ConocoPhillips sign 20-year SPA
Energy infrastructure company, Sempra has announced that its subsidiary, Sempra Infrastructure, and multinational hydrocarbon corporation, ConocoPhillips have implemented a 20-year sale and purchase agreement (SPA) for 5 million tonnes per […]
QatarEnergy and Sinopec sign 27-year LNG deal
Global energy company, QatarEnergy has entered into a 27-year sale and purchase agreement (SPA) with oil and gas enterprise, China Petroleum & Chemical Corporation (Sinopec) for the supply of 4 […]
An update for newsletter subscribers
Important message to all our newsletters readers: from January 2023, Tank Storage Magazine’s weekly newsletter will be sent from a new email address. We don’t want you to miss out […]
Drone-fired rocket hits Yemen oil terminal
A drone-fired rocket hit Yemen’s al-Dhabba offshore oil terminal, in Hadhramaut province on November 21, according to the Yemeni government. The Houthis fired a projectile from a drone that landed at […]
VTTI acquires IPTF terminal
Energy storage provider VTTI has announced the acquisition of the IPTF (IL&FS Prime Terminals FZC) energy storage terminal in Fujairah, UAE. The acquisition means that VTTI now owns 90% of […]
Neptune Energy detects new hydrocarbons and calls for changes to gas entry specification
Neptune Energy has called on the UK government to support changes to the country’s gas entry specifications in order to deliver more domestic gas to households and businesses in 2023. […]
Vopak and Petronas sign MoU for CCS value chain
Vopak and Petroliam Nasional Berhad (Petronas) have signed a memorandum of understanding (MoU) for the development of a CCS value chain in southeast Asia. As part of the agreement, both […]
Inpex announces ammonia-hydrogen project
Large-scale LNG project company, Inpex, has announced it has taken a final investment decision on drilling operations and the construction of facilities associated with a demonstration clean hydrogen-ammonia project in […]
Aramco to make biggest investment in South Korea
Petroleum and natural gas company, Aramco, is making its biggest ever investment in South Korea to develop one of the world’s largest refinery-integrated petrochemical steam crackers through its S-OIL affiliate. […]
Air Products and Mabanaft build a large-scale green energy import terminal
Air Products and Mabanaft, through a joint development agreement, its subsidiary Oiltanking Deutschland, have announced their intention to build Germany’s first large-scale, green energy import terminal in the Port of […]
Mettler Toledo introduces three-in-one analytical instrumental
Mettler Toledo has introduced a new instrument that analyses liquid, and translucent samples for their optical spectrum, colour, and water parameters. Using the new device, Easy VIS, operators can speed […]
Idemitsu to invest ¥690 billion in energy transition
One of Japan’s most prominent oil refineries, Idemitsu Kosan Co, has announced it will invest ¥690 billion (€4.3 billion) over the next three years to March 2026 to step up […]
Kent secures three-year contract with INEOS
International integrated energy services partner Kent has been awarded a three-year contract to provide structural integrity analysis modelling services for global chemical producer INEOS UK on its southern North Sea […]
Alkion Terminals and Koole Terminals merge
As of 17 November, Alkion Terminals and Koole Terminals are officially one group, working together toward a more sustainable future. With 20 terminals in seven countries, 900 employees and a […]
StocExpo 2023 launches with a fresh look
StocExpo, the leading international tank storage event, taking place 14-16 March 2023, has transitioned away from its former branding to an updated, fresher, look with a white and green theme. […]
Exolum invests €30 million in hydrocarbon recovery
Exolum will invest €30 million in the construction of a plant for hydrocarbon treatment and recovery on a site in Algeciras Bay. In addition, to help develop this project, Exolum’s […]
Germany launches new LNG terminal
The German government has completed launching its first floating liquified natural gas (FLNG) terminal. This will receive liquefied natural gas as part of Berlin’s plan to replace Russian gas. The […]
US DOE announces $1.5 million to train next hydrogen workforce
The US Department of Energy (DOE) has announced $1.5 million (€1.44 million) in funding for five projects that will aim to advance key clean-hydrogen technologies, while growing the skills and […]
Key takeaways from Med Hub Day
Tank Storage Magazine’s editor, Anamika, recently visited VI Med Hub Day at Port Tarragona, Spain. The event was held at Tinglado 1, set against the sounds of ships passing by […]
ENOC and IHI sign MoU for carbon
Dubai’s international oil and gas company, ENOC Group, and Japanese heavy-industry manufacturer, IHI Corporation, have signed a memorandum of understanding (MoU) to explore a low-carbon hydrogen and low-carbon ammonia supply […]
BP ships LNG from Mozambique’s first project of its kind
BP has successfully loaded the first cargo from Mozambique’s offshore Coral Sul FLNG facility. It is the country’s first LNG project and first floating LNG carrier in deep waters. Under […]
Aramco and Pertamina to explore hydrogen
Integrated energy and chemicals company, Aramco, and Indonesia’s national energy company, Pertamina (Persero), have signed a memorandum of understanding (MoU) to explore the hydrogen and ammonia value chain. The MoU […]
Asian LNG importers face cargo congestion
Storage terminals across Asia are reporting tank tops, leading to LNG suppliers requesting cargo deferrals. Korea and Japan are seeing high gas inventory levels due to a mild winter, as […]
Vopak shares Q3 results
Tank storage giant Vopak has shared its Q3 results for 2022, with an improved EBITDA of €227 million. The company has raised its full-year EBITDA outlook to around €890 million. […]
Chevron and Mitsui partner for CO2 storage
Multinational energy company, Chevron Corporation (as Chevron New Energies) and Japanese transport company, Mitsui O.S.K. Lines (MOL) have announced the signing of a joint study agreement (JSA) for the feasibility […]
Vision Energy and Linde cooperate for green energy
Clean hydrogen development company, Vision Energy, has announced a cooperation agreement with hydrogen storage and distributor, Linde Engineering, to accelerate engineering efforts for the company’s green energy terminal in the […]
Georgia, USA, chemical plant fire under investigation
On Monday 7 November, Symrise chemical plant in Georgia, USA, caught fire and suffered a series of explosions. Local law enforcement is working with the chemical plant to determine the […]
Adani Ports acquires stake in Indian Oiltanking
Adani Ports and Special Economic Zone (APSEZ), the largest transport utility in India, has agreed to the acquisition of Oiltanking India’s 49.38% equity stake in Indian Oiltanking (IOT), one of […]
Oiltanking announces sale of Bulgaria terminal
Logistics service provider for tank terminals, Oiltanking, has announced that it has entered into an agreement to sell its 91.1% stake in the liquid storage terminal in Varna to the […]
Stolthaven Houston receives GoalZERO award
Global plastic, chemical and refining company, LyondellBasell, invited all its logistics partners to an event to share best practices and encourage safety and operational excellence across the industry. Domestic bulk […]
Egbert Vrijen appointed project director ACE Terminal
ACE Terminal has appointed Egbert Vrijen as project director. ACE Terminal is the joint project of Gasunie, HES International and Vopak, in which they are developing a terminal in the […]
