August 2022 | Page 2 of 4 | Storage Terminals Magazine

Buhari’s Exxon sale

Nigerian president Muhammadu Buhari’s flip-flop over the sale of ExxonMobil Corp’s assets could discourage investment in Africa’s largest oil...

Switzerland oil switch

Simonetta Sommaruga, the Swiss energy minister has said that, with an energy crisis looming, in the case of an emergency Switzerland could...

Pemex further funding

Mexico's state-oil company Pemex has requested almost $6.5 billion in additional funding from the government to pay for works at the 'Dos...

HMT awarded contract

A major petrochemical plant in the Netherlands awarded HMT a contract to install their Deckmaster composite floating roof technology to...

Buckeye/PortofCC solar

The Port of Corpus Christi Commission has approved a lease agreement with Buckeye Partners that will establish the first solar farm in the 100...

Essar hydrogen furnace

Stanlow Oil Refinery in Ellesmere Port has taken delivery of the first-ever hydrogen-powered furnace. In a major logistical feat, which...

Strong demand expected

US oil refiners and pipeline operators expect energy consumption to be strong for the second half of 2022, even though analysts and industry...

Sinopec hydrogen plant

China’s Sinopec is building the world’s biggest plant for the production of hydrogen from renewable sources. The factory, which will be...

Storage in salt caverns

Australia has the right ingredients to become a global hydrogen superpower, according to new data from the federal government’s Exploring for...

Latvia increase storage

Ilze Indriksone, Latvian minister for Economics, during a visit to Paldiski LNG terminal building site, said that Latvia will be able to survive...

Baker Hughes’ buy

Baker Hughes has announced an agreement to acquire Quest Integrity, a subsidiary of Team, Inc and a global leader in the development and...

Atlanta Gas Light i-CDP

Atlanta Gas Light says the placement of its second LNG storage facility rooftop happened on August 2 at its liquified natural gas (LNG) facility...

H2Perth contract

McDermott International has been awarded a Pre-Front End Engineering Design (Pre-FEED) contract from Woodside Energy for the proposed...

Maersk Tankers pool partner

At a time where freight rates are soaring and the industry is facing complex challenges, Maersk Tankers welcomes its third pool partner from...

Aker BP PDO plans

Norwegian oil and gas company Aker BP has submitted a plan for development and operation (PDO) of the Trell & Trine offshore project in the North...

Greek FSU inspection

Kostas Skrekas, minister for Environment and Energy, has said that the new liquefied natural gas (LNG) floating storage unit (FSU) at the...

Singapore facility

Baker Hughes, an energy technology company, is expanding its presence in Asia by opening a new oilfield services chemicals manufacturing...

Odfjell results

Odfjell SE will release its second quarter 2022 results on Wednesday August 17, 2022, at 20:00 CET. The results will be published on Oslo...

Musqueam/FortisBC deal

FortisBC Holdings and Musqueam Indian Band have signed an agreement which will result in the parties’ sharing benefits associated with the...

UKPIA review

The United Kingdom Petroleum Industry Association (UKPIA) has published its 2022 Statistical Review of the latest available data from the fuel...

CCUS projects phase 2

On Friday August 12, the UK government named the 20 projects shortlisted for the next stage of its carbon capture, usage and storage (CCUS)...

Pertamina limits sales

Indonesia's government has asked state energy firm Pertamina to limit its sales of subsidised fuels so as not to increase pressure on energy...

HyNet plant selected

Vertex Hydrogen’s HyNet Hydrogen Production Plant has been selected by the UK government’s Department for Business, Energy and Industrial...

New EPCM contract

The Coega Development Corporation (CDC) awarded EPCM Holdings the EPCM contract to design and construct a new HFO storage facility inclusive of...

DOE SPR awards

The US Department of Energy (DOE) has awarded contracts for the purchase of crude oil from the Strategic Petroleum Reserve (SPR) following a...

Uniper LNG/gas swap

Germany's Uniper is prepared to swap liquefied natural gas (LNG) it gets from Australia's Woodside for US gas, so it can boost supplies in...

Búzios breaks record

In June, Petrobras reached an average monthly production of 616 000 barrels of oil per day (bpd) in the Búzios oil field, in the pre-salt layer...

H2H progresses

Equinor’s Hydrogen to Humber Saltend (H2H Saltend) production facility has been through Phase-2 of the government’s cluster sequencing process...

Decommissioning cost drops

The cost of decommissioning oil and gas infrastructure has been cut by 25 percent in the past five years, according to the latest estimates...

Kinder Morgan buy

Kinder Morgan has announced it has closed on the acquisition of North American Natural Resources, and its sister companies, North American...

Brooge’s plant

Brooge Energy Ltd, a Cayman Islands-based energy infrastructure service provider, which is currently engaged in clean petroleum products...

Serica merger abandoned

British oil and gas group, Serica Energy, and energy investment firm, Kistos, said on August 9 that they do not intend to make firm offers to...

Shell defers turnaround

Shell Plc is deferring planned maintenance work at the Prelude floating liquefied natural gas (FLNG) facility that was due to go ahead in...

Excess capacity limited

The shortfall of global oil supplies sent prices up more than 50 percent in 2022, and The Organisation of Petroleum Exporting Countries (OPEC)...

Avenir MOU

Avenir LNG has announced it has signed a Memorandum of Understanding (MOU) with Oxelösunds Hamn AB for the development and construction of...

Limetree’s new name

The leaders of Limetree Bay Terminals have decided to further distancing themselves from the troubled refinery side of the shared fuel facility...