July 2022 | Storage Terminals Magazine

INEOS/SINOPEC deals

INEOS and SINOPEC have signed three back-to-back deals worth a combined value of $7 billion. These landmark agreements are expected to...

Shell merger

Shell USA and Shell Midstream Partners have executed a definitive agreement and plan of merger, pursuant to which Shell USA will acquire all the...

Uniper hydrogen project

Lower Saxony's environment minister, Olaf Lies, has presented the funding notification of €2.375 million for Uniper's planned hydrogen pilot...

Scotland carbon capture

Scotland’s oil and gas centres are tipped to be at the heart of a new multi-billion-pound industry being developed in the UK in a bid to slash...

Navigator/P2X-Europe JV

The Navigator Company and Hamburg-based developer P2X-Europe have decided, subject to the approval of the relevant antitrust authorities, to...

TGE Gas Engineering milestone

TGE Gas Engineering are proud to of reached another important milestone in their Huizhou LNG Terminal EPC Project. The roofs of two 200,000 m³...

TSA cybersecurity

In response to the ongoing cybersecurity threat to pipeline systems, the Department of Homeland Security (DHS)’s Transportation Security...

US largest LNG exporter

The US became the world’s largest LNG exporter during 1H22, according to data from CEDIGAZ. Compared with 2H21, US LNG exports increased by...

EIA price forecasts

The US Energy Information Administration (EIA) lowered its Brent crude oil price forecasts for 2022 and 2023, in its latest short term energy outlook

Viva’s LNG deal

Australian refiner and marketer Viva Energy has signed an agreement with the operator of Victoria state's Geelong port to build infrastructure...

Vopak results

Royal Vopak has reported “improving results in volatile energy markets and good progress on strategic priorities. Improving our financial...

Howard capacity

Lower 48 midstream giant Howard Energy Partners (HEP), through joint venture Dos Caminos LLC, said it plans to double its natural gas...

EIA notes variations

Working natural gas inventories of storage fields operated by the two largest natural gas distributors in California — Pacific Gas & Electric...

Fujairah sale

Oil trading firm GP Global, which is being restructured following a financial upheaval in 2020, has sold its Fujairah bunkering terminal for...

Cuba takes Russian oil

A tanker carrying some 700,000 barrels of Russian fuel oil is delivering its cargo at a Cuban terminal, Refinitiv Eikon vessel tracking...

Stratus Technologies announces

Stratus Technologies, the global leader in simplified, protected, and autonomous Edge Computing platforms, today announced that its ztC...

CFE/Sempra deal

Sempra’s subsidiary Sempra Infrastructure and Mexico’s state-owned utility Comisión Federal de Electricidad (CFE) have agreed to jointly advance...

Harvest purchase

Harvest Midstream has purchased the remaining interest of Arrowhead Gulf Coast Holdings LLC (AGCH), a network of pipelines and terminals...

Enagás/OMERS sell stakes

Enagás and OMERS Infrastructure have closed the joint sale of their stakes in the Chilean Quintero LNG terminal to a consortium formed by EIG...

PoE connectivity

Hawk Measurement Systems (HAWK), the world leader in level, positioning, asset monitoring, and fiber optic sensing systems, has designed and...

Shell new investment

Shell Chemicals Park Moerdijk, a subsidiary of Shell plc, has made a new investment that supports its plan to transition the chemicals park...

Centrica wins

The UK’s biggest natural gas storage site has taken a step closer to reopening after the authority that governs the North Sea gave an initial...

Germany/Austria deal

Germany and Austria have signed a deal to accelerate their work on filling their gas storage facilities “more quickly” in a bid to cement...

PetroChina first

Recently, PetroChina's first water surface photovoltaic project, Daqing Oilfield Spark Water Surface Photovoltaic Demonstration Project...

Parker approval

As announced in August, the boards of Meggitt and Parker have reached agreement on the terms and conditions of a recommended all cash...

IEA predicts increases

The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 bpd in 2021 — the first decline in global...

EU approves projects

The European Commission approved an Important Project of Common European Interest (IPCEI) put forward by 15 member states intended to support...

Force majeure declared

Sasol Ltd, South Africa’s largest fuel producer, declared force majeure on the supply of petroleum products due to delays in deliveries of crude...

Storage breakthrough

Researchers at Deakin’s Institute for Frontier Materials have discovered a new method, ‘ball milling’, to store gas in a special nanomaterial...

Adler and Allan achieves

Adler and Allan, a UK leading specialist environmental rail sector contractor, has achieved its RISQS verification following its recent...

NRL selects Lummus

Lummus Technology was recently awarded a new contract from Numaligarh Refinery Ltd (NRL). The award is for a new 360,000 tpy polypropylene (PP)...

VARO VP of Hydrogen

VARO Energy Group has appointed Fatemeh Rezazadeh, effective August 1 2022, to the newly created position of Vice President of Hydrogen. VARO...

St Croix production

The refinery, which was sold to Port Hamilton Refining and Transportation (PHRT), should be back in operation with production of about 180,000...

Enagas terminal approved

El Musel LNG is a proposed liquified natural gas (LNG) terminal in Asturias, Spain. The terminal was constructed back in 2012, but it remained...

Petrobras divestment

Petrobras has restarted the sale processes of the Abreu e Lima Refinery (RNEST) in Pernambuco, Presidente Getúlio Refinery Vargas (REPAR)...

Citgo awaits authorisation

US refiner Citgo Petroleum is willing to resume imports of Venezuelan crude, suspended since 2019 by Washington’s sanctions on its parent...