June 2022 | Storage Terminals Magazine

Vopak renews €1b

Royal Vopak has successfully renewed its €1 billion senior unsecured revolving credit facility (RCF) with a syndicate of 12 international...

Hengyang acquire stake

A joint venture company of Hengyang Petrochemical Logistics has entered into an equity transfer agreement to acquire the 49 percent stake held...

OQ Duqm project

Oman’s Duqm refinery works are nearly 92 percent complete, according to the country’s state energy holding company, OQ. In a social media post...

PetroChina CSR

PetroChina has held a virtual conference detailing its corporate social responsibility (CSR) for its Changqing oil field, the first time the...

Air Products collab

Air Products and Gunvor Petroleum Rotterdam, a wholly owned subsidiary of Gunvor Group, have signed a joint development agreement for an...

Lockheed Martin first

Lockheed Martin has been awarded a contract to build the first megawatt-scale, long-duration energy storage system for the US Department...

Enerquip update

Enerquip acquired American Heating Company as a wholly-owned subsidiary in 2021. Now, it says: “One year later, we’re excited to announce...

ExxonMobil study

Oil giant ExxonMobil is to study the potential for repurposing the Norwegian Slagen oil and gas terminal for use in producing and distributing...

Wilhelmshaven pipeline

The State Office for Mining, Energy and Geology (LBEG) in Lower Saxony has approved the early start of construction of a 26 kilometre...

KSS acquisition

Koch Separation Solutions (KSS) has announced the acquisition of LIONEX technology from Chemionex. The acquisition serves as the foundation for...

Harbour joins EEMUA

Harbour Energy has become the latest company to join EEMUA as a corporate member. Harbour Energy is an independent upstream, global oil and...

SEG buys Fergana

Sanoat Energetika Guruhi (SEG), Uzbekistan’s largest private oil and gas company, has acquired the formerly state-owned Fergana Oil Refinery...

TSA Annual Review

The Tank Storage Association (TSA) has published its 2022 Annual Review of the UK’s bulk storage and energy infrastructure sector. The review...

North Sea CCS project

Neptune Energy, XTO Netherlands (a subsidiary of ExxonMobil), Rosewood Exploration and EBN Capital are to advance a large-scale offshore carbon...

Neste/Alterra collab

Neste has purchased the European rights to Alterra Energy’s liquefaction technology, further solidifying the company’s efforts to advance...

Warrior acquisition

Warrior Technologies has announced the acquisition of a large division of a private Permian Basin-based firm, which will give Warrior three new...

Essar investment

A furnace capable of running on hydrogen has arrived at Liverpool Port. The furnace, which is part of a multimillion-pound investment by Essar...

Chevron pulls out

Oil and gas giant Chevron has pulled out of negotiations to acquire an equity rate of interest in Advanced Clean Energy Storage Delta (ACES...

Honeywell contract

Honeywell has announced that Alexandria National Refining and Petrochemicals Company (ANRPC) will upgrade its existing naphtha complex using...

INEOS/Sempra HOA

INEOS Energy has signed a Heads-of-Agreement (HOA) with Sempra Infrastructure for the potential supply of 1.4 million tpy of LNG from North...

Curaçao refinery talks

The state-owned Refineria di Kòrsou (RdK) has said that the Dutch Caribbean island of Curaçao will begin negotiations with a seven-company...

Hempel’s first

After 10 years of continuous success in the passive fire protection (PFP) market with its cellulosic range of products, Hempel has launched...

Taifa LPG plant

Tanzanian firm Taifa Gas Investment wants to construct a liquefied petroleum gas (LPG) import and storage terminal in Mombasa, pointing to...

Terminal for sale

The Tank Tiger has been hired as a consultant to find parties interested in the following facility. Potential buyers will not be charged a fee...

Limetree owe GVI

Limetree Bay Terminals is currently in default of variable payments to the government of the Virgin Islands, public finance authority director...

Dalian to re-export LNG

Dalian LNG is located at the tip of Liaodong Peninsula, with Korea Peninsula to its east and Bohai Bay and coastal Chinese cities including...

Implico digitalises

By completing a forward-looking project in Luxembourg, the sales, marketing, and support services group DCC has “taken another leap in the...

Exxon/QatarEnergy JV

ExxonMobil and QatarEnergy say that they have signed an agreement to further develop Qatar’s North Field East project, which will expand...

HEH launch

The commercial development of the Hanseatic Energy Hub in Stade, Germany, is progressing rapidly. Following very positive reactions in the...

Australia LNG royalties

Australia’s oil and gas industry will deliver almost AUS$6 billion of royalties to the Queensland Budget over the next five years, providing...

ILTA recognition

Colonial Pipeline Terminals has been recognised by the International Liquid Terminals Association (ILTA) with the Safety Excellence Award for...

Braskem agreement

Braskem Idesa has signed an investment agreement with Advario for a joint 50 percent stake in the construction and operation of an ethane import...

Chevron acquires REG

Chevron Corp has completed its previously announced acquisition of Renewable Energy Group, Inc (REG), following approval by REG stockholders...

Emerson/Neste selected

Fintoil, together with Neste Engineering Solutions, has selected Emerson’s automation software and technologies to maximise the operational...

Stolt recognised

Stolthaven Houston and Stolthaven New Orleans received a joint Safety Excellence Award at the International Liquid Terminals Association's...

Egypt crude storage

Egypt plans to set up a new area for crude oil storage in El-Tebbin, south of Cairo, the petroleum ministry said in a statement. The project...