January 2022 | Storage Terminals Magazine

Viva finalises terms

Viva Energy Australia has finalised the grant agreement terms that will enable Viva Energy to build 90 million litres of new strategic diesel...

Aker/JGC LNG project

Norwegian oilfield services provider Aker Solutions and Japanese engineering company JGC have won the front-end engineering design (FEED)...

Blackmon is new VP

The TF Warren Group have announced that Troy Blackmon has been named vice president of operations and will provide leadership of...

APC’s successful year

US based Advanced Polymer Coatings (APC), the owner of the MarineLINE® cargo tank coating brand, has announced its most successful year...

Lyondell awaits call

Chances for a quick sale of LyondellBasell Industries’ Houston oil refinery are said to be dwindling, with several other refineries competing...

Marathon evaluates

Marathon Petroleum, the largest refiner in the United States, is evaluating a conversion of Phillips 66’s Alliance, Louisiana, refinery into...

CB&I for We Energie

We Energies, a Wisconsin-based public utility, has hired McDermott’s storage business, CB&I Storage Solutions, to build two liquefied...

Japan closes Wakayama

Japan’s Eneos Holdings Inc will close one of its oil refineries next year due to falling domestic demand and the shift away from fossil...

Closures vs. capacity

Refinery closures outweighed new capacity in 2021, leading to a drop in global capacity for the first time in 30 years, the International...

PPGPL’s new asset

Energy minister Stuart Young has commended Phoenix Park Gas Processors Limited (PPGPL), whose subsidiary Phoenix Park Energy Marketing...

Elengy/Rubis deal

Elengy has signed first commercial agreements for the satellite storage of LNG in Reichstett (Bas-Rhin/Alsace) in France, developed in...

BCCK/Pinnacle deal

BCCK Holding Co (BCCK), a leader in engineering, procurement, fabrication and field construction services, has signed an agreement with...

Prumo’s new assets

Prumo Logistica, a company controlled by EIG Global Energy Partners, responsible for the development of Porto do Açu, acquired the 20 percent...

Exxon/SABIC complex

ExxonMobil and Saudi Arabia’s SABIC have officially started operations at their 50/50 joint venture Gulf Coast Growth Ventures ethane cracker...

PLA installs new tanks

New biofuel storage tanks, installed by the Port of London Authority (PLA) on the Thames in Gravesend, are accelerating an ambitious...

Texas LNG/Enbridge

Texas LNG Brownsville, which is developing an LNG export terminal in South Texas, has signed a long-term pipeline gas supply agreement...

Magellan win

Magellan Terminals Holdings LP, Tulsa, Oklahoma, has been awarded a maximum $100,516,222 firm fixed price contract for services and related...

px Group for NSMP

px Group, the owner of Saltend Chemicals Park and operator of several critical energy infrastructure sites in the UK, has been appointed as...

Royal Dutch dropped

Oil and gas major Shell has officially changed its name to Shell plc, after deciding to simplify its share structure, move the headquarters...

Five-year agreement

USD Partners LP announced it has entered into a five-year Terminal Services Agreement with a minimum monthly throughput commitment with a...

New UK HSPH

An industrial technology consortium developing innovative hydrogen storage solutions has signed an agreement to work towards setting up...

Fortescue/Covestro deal

Australian iron ore miner Fortescue Metals Group has reported it intends to sign a long-term deal to supply German chemicals maker Covestro...

Certas buys Haven

Continuing its programme of investment into UK logistics and haulage infrastructure, Certas Energy, part of FTSE 100-listed DCC plc...

Avenir/Shanghai collab

Avenir LNG has announced it has signed a long-term collaboration agreement with Shanghai Port. Avenir will take on the global marketing of...

Bolder/Tauber deal

Bolder Industries Inc, the pioneer of advanced sustainable chemical manufacturing sourced from end-of-life tires, has announced a landmark...

SABIC/Aramco MoU

SABIC has signed a Memorandum of Understanding (MoU) with Saudi Aramco and PKN Orlen for the exploration of potential petrochemical growth...

Energy group expands

Energy Transfer LP has announced it has expanded its Alternative Energy Group with the hiring of energy industry veteran Dilanka Seimon...

BP/Oman sign SFA

British oil and gas major BP have partnered up with Oman to support renewable energy and green hydrogen development in the country by...

Lotte Chemical MoU

South Korean chemical giant Lotte Chemical announced on January 7 that it had signed a Memorandum of Understanding (MoU) with...

TSA shortlist

After receiving over 200 entries from across the globe, this year's international Tank Storage Awards jury has shortlisted over 80 entries...

Supermajor’s CCS

Three additional companies have announced their support for exploring the implementation of large-scale carbon capture and storage (CCS)...

NFE/Mauritania MoU

New Fortress Energy Inc (NFE) has announced the execution of a Memorandum of Understanding (MoU) with the Islamic Republic of...

Exxon’s net zero goal

ExxonMobil has announced its ambition to achieve net zero greenhouse gas (GHG) emissions for operated assets by 2050, backed by a comprehensive...

China’s record rise

Total refinery throughput last year reached 703.55 million tonnes, or 14.07 million barrels per day (bpd), data from the National Bureau...

UK hydrogen boost

The UK government has launched a new £5 million programme to help develop innovative technologies that produce hydrogen via bioenergy with...

African completion

Africa’s largest oil terminal, at the Port of Mombasa, is expected to be completed in April and operational in July, according to Kenyan...