December 2021 | Page 2 of 3 | Storage Terminals Magazine

Operations paused

The US Navy has suspended operations at its fuel storage complex in Pearl Harbour, Hawaii, after tests showed that petroleum products were...

Refineries warning

The refusal from power producers to purchase furnace oil is likely to push the country towards a petrol, high-speed diesel and jet fuel crisis...

Aegis sale agreement

Aegis Logistics Limited has entered into a sale agreement with Aegis Vopak Terminals Limited, for the liquid storage units of the company located...

Vopak update

The Supervisory Board of Royal Vopak will nominate Michiel Gilsing to succeed Gerard Paulides as CFO and member of the Executive Board, subject...

Re-Gen awarded

Re-Gen Robotics has won Company of the Year at the EIC (Energy Industries Council) Awards. Re-Gen also received the innovation award for...

Brazil first

Brazilian waterways regulator Antaq will launch a call for expressions of interest in building and operating a fuels terminal in Pitimbu...

EchoStar new design

EchoStar Mobile, a subsidiary of satellite communications company EchoStar Corporation, has designed and introduced the first pan-European...

Trafigura/Nyrstar JV

Trafigura Group Pte Ltd, one of the world’s largest physical commodity trading companies, Nyrstar, a global multi-metals manufacturing business...

TotalEnergies' monitoring

TotalEnergies is one of the leading oil and gas companies in the world. With 25 refineries running 24/7 across the globe, it is essential to...

Louisiana investment

US company Venture Global LNG is to invest more than $10 billion (€8.9 billion) in developing its fourth LNG export facility in Louisiana, US...

Plains promotion

In connection with the company's long-term succession plans, Plains All American Pipeline LP and Plains GP Holdings have announced that...

Rubis' new tanks

Rubis Terminal Rotterdam has started construction of seven carbon steel tanks of 3,600 m3 each, with a capacity totalling 25,200 m3. It said...

GSEO's upgrades

UK investment company VH Global Sustainable Energy Opportunities (GSEO) has committed $35 million (€31 million) to expand one of its terminals...

UM ‘gears up’

UM Terminals said its broad portfolio means it is able to adapt quickly if demand is higher or lower in a particular sector and also plan...

CCS project collab

Freeport LNG Development LP and Talos Energy Inc have announced that the companies have executed a letter of intent to develop a carbon capture...

Sinopec plant

China Petroleum & Chemical Corporation (Sinopec) has announced the start of construction of a CNY 3 billion (€414 million) green hydrogen...

CNPC approval

On November 23, the carbon capture, utilisation and storage (CCUS) test project at the Liaohe oil field in north-eastern China successfully...

Qatar buy cleared

The Competition Commission of Pakistan (CCP) has cleared state-run Qatar Energy’s bid to acquire 49 percent stakes in an upcoming private...

Exxon expansion project

Worley has announced plans to ramp up construction of the associated offsites and utilities that are part of ExxonMobil Chemical Company...

MiRO Axens partnership

20 years ago, MiRO – a JV with Phillips 66 based in Karlsruhe, Germany – was the first end user to select the new Axens Prime-G+® technology...

Bayonne eyes project

The Bayonne Planning Board has designated a number of lots, mainly consisting of a former Exxon property, as a non-condemnation area-in...

IL&FS clears debt

India’s IL&FS Group has sold its 71 percent stake in IL&FS Prime Terminals, a state-of-the-art energy storage terminal in the emirate of...

Regulator raids

Mexican energy sector regulator CRE has implemented a sweep of inspections in the retail fuel sales market, leading to new actions against...

Profits in reverse

Asian oil refiners are starting to see a recent resurgence in profitability go into reverse, eroding a source of demand strength that helped...

Dangote: major driver

The 650,000bpd Dangote Petroleum Refinery, Nigerian National Petroleum Corporation (NNPC) as well as other modular refineries are expected...

Oil steadies

Oil costs have been largely secure, as traders questioned the effectiveness of US-led oil releases from strategic reserves and turned...

Teesside agreement

TotalEnergies Marketing UK Ltd and Navigator Terminals have entered into agreements to broaden their existing partnership in relation to the...

Fort Vale new

Fort Vale have announced the launch of their new online web shop, which went live this week. The initial launch is for UK customers only, but...

Kenya terminal

The new Kipevu Oil Terminal in Mombasa is due to start in January 2022 and will see Kenya double its capacity to handle transit petroleum...

BP hydrogen project

BP is progressing with its new 500 MWe green hydrogen production facility in Teesside in northeast England, UK, HyGreen Teesside. The initial...

StocExpo 2022

StocExpo, the largest and longest running international bulk liquid storage event, which returns March 8-10 2022 at the Rotterdam Ahoy, has...

Quantem’s buy

Bulk liquid storage and handling company Quantem is being tipped as the most likely buyer of Vopak’s Australian fuel terminals, which are thought...

BASF/ENGIE collab’

BASF and ENGIE have recently signed a 25-year Power Purchase Agreement (PPA) for renewable energy in Europe that will become effective on...

Mainline sale

The Canada Energy Regulator has rejected Enbridge Inc’s plan to sell nearly all space on its Mainline oil pipeline under long-term contracts...

Zerger’s capacity

Turkmenistan has completed construction work on six new oil products tanks with a total capacity of 10,000 m3 at its Zerger complex in...

Azur agreement

French company Azur Drones, which supplies drone-in-a-box solutions for surveillance and inspection, has signed a new framework agreement...