April 2022 | Storage Terminals Magazine

Operators’ agree

Partners in several North Sea fields have reaffirmed their commitments to export the oil produced from their fields to the Repsol Sinopec....

MPC ups crude

Marathon Petroleum Corp, previously the largest US buyer of Russian oil, just upped supplies of Ecuadorian crude after sanctions cut off its...

Houston refinery closure

Chemical maker LyondellBasell Industries will permanently close its Houston crude oil refinery by the end of 2023, the company said. The decision...

Latvia’s options

The liquefied natural gas (LNG) terminal which the government is planning to build in Latvia might be significantly less expensive to operate...

PSPC new facility

Pilipinas Shell Petroleum Corporation (PSPC) has broken ground with its new import facility located in Darong, Southern Mindanao, as it...

French expansion

The Port of Nantes ‒ Saint Nazaire, France, has commenced expansion of its liquid bulk cargo terminal. Built in 1976 and handling mainly...

Enterprise/OLCV

Enterprise Products Operating LLC, a subsidiary of Enterprise Products Partners LP and Oxy Low Carbon Ventures, LLC, a subsidiary of Occidental...

Vopak certification

ABC environmental assessment certificate has been issued to Vopak Development Canada Inc for the proposed Vopak Pacific Canada Project, which...

Atura Power MoU

Atura Power and Plains All American have announced they have signed a Memorandum of Understanding pursuant to which they will conduct a low...

Total Eren advances

Renewable energy developer Total Eren has selected UK consulting and engineering firm Wood to provide conceptual engineering for a large-scale...

Zero carbon study

Japan’s oil and gas producer Inpex has signed a joint study agreement with the electric utility Kansai Electric Power on zero-carbon fuels and...

Stanlow welcomes PSR

Stanlow Terminals has recently welcomed the chair of the board of directors, Prashant Ruia, for a tour of their facilities and to discuss in...

GH2: hydrogen valley

The Galway Hydrogen Hub (GH2) consortium has proposed to develop Ireland’s first hydrogen valley, a regional ecosystem that links H2 research...

INOXCVA contract

Indian cryogenic equipment company INOXCVA has won a design and engineering contract by Caribbean LNG for a mini-LNG receiving and...

Equinor’s oil find

Equinor, which is the operator of production licence 293 B, has discovered oil and gas close to the Troll and Fram area. Based on preliminary...

Boost to FLNG

Maritime and offshore classification society American Bureau of Shipping (ABS) has granted its approval in principle (AIP) for an innovative...

The Future of Hydrogen Storage

Hydrogen is the hot topic of conversation in the tank storage industry. Here, Didier Wesoly, Business Development Manager at Geostock Group...

Exxon footprint

For the past 7 years, ExxonMobil has been consistently increasing its footprint in Guyana. Exxon has already made over 20 discoveries, and it...

IOTC development

The managing director of Iranian Oil Terminals Company (IOTC) has said his company is accelerating its currently underway development projects...

Excelerate’s debut

LNG terminal company Excelerate Energy Inc rose as much as 19 percent in its trading debut after raising $384 million in the biggest US...

Petro-Victory buy

Petro-Victory Energy Corp secured 19 new oil and gas blocks in the company's core operating area, the Potiguar Basin onshore Brazil, the company...

Japan to release oil

The industry ministry has announced it will release 6 million barrels of oil from privately held reserves as part of its contribution to a...

Axens selected

Fuhaichuang Petrochemical Co Ltd has selected Axens’ ebullated-bed residue hydrocracking technology (H-Oil®), for a capacity of 1.5 million tpy...

Puma renews software

Puma Energy has announced a new partnership with GEP to revamp its procurement and supply chain strategy. The oil company has selected and...

Falcker helps SABIC digitise

At their Geleen site in the Netherlands, SABIC houses a large number of tank assets that require thorough and regular inspection. This process...

Iran seeks $80bn

Iran’s natural gas sector is seeking investments worth $80 billion to boost production, according to Bloomberg. Despite having the second...

GIDARA’s new facility

Located in the Port of Rotterdam, the Advanced Methanol Rotterdam (AMR) plant will convert non-recyclable waste into advanced methanol. The...

Vopak results

Dutch oil and chemical storage company Vopak beat first-quarter earnings expectations, helped by growth projects and a good performance in the...

Chart receives order

Chart Industries Inc has received an order for the production of six brazed aluminium heat exchanger (BAHX) assemblies and cold boxes for Venture...

Veolia launches biorefinery

Veolia is to launch the world's largest biorefinery project producing CO2-neutral bio methanol from a pulp mill, located in Finland. The project...

Stade consortium

American chemical corporation Dow has taken a minority stake in the Hanseatic Energy Hub (HEH) that is constructing the Stade LNG import terminal...

SGB celebrates its 60th anniversary

What started with a wooden cabinet in 1962 has become one of the broadest product ranges in leak prevention technology. It all began with Dr...

Shell/Uniper JV

Shell and Uniper have teamed up to produce blue hydrogen at Uniper’s Killingholme power station site in the East of England. Specifically...

Technip/Clariant deal

Technip Energies and Clariant have announced that they have signed a cooperation agreement for the implementation of Clariant’s sunliquid®...

Biodiesel agreement

Oman Oil Marketing Company (OOMCO) and Wakud International have signed an agreement to introduce biodiesel blends to Oman. The two companies...

Linde expansion

Linde has announced that it is expanding its La Porte, Texas facility, located in the US, effectively doubling the facility's merchant liquid...