Combatting vapour loss with insulative coatings

Storage tank vapour loss is an issue in many different industries due to the monetary cost of product and environmental concerns for the surrounding communities. Many times, the product is stored at ambient temperature while being subjected to rising temperatures due to solar loading. When the sun continues shining on the metal surface of the tank roof, heat continues to build throughout the day in turn heating up the product inside.

Companies have turned to floating roofs that can move with the amount of vapour present to help contain it, but their construction and maintenance costs can be astronomical. Bulk insulation materials are usually not an option because of damage concerns when personnel need to access the roof, as well as CUI risk.

In 2019, a company that stores ethanol contacted Mascoat to find a solution to their vapour loss issues. Not only was the client realising financial loss because valuable product was vanishing from their tanks, but also strict regulations dictating acceptable levels of vapour loss have penalties attached to them.

Mascoat’s thermal insulating coatings are thin film coating that incorporate air-filled particles to reduce the rate of heat transfer through a surface. When applied to a tank roof, it can drastically diminish solar loading effects. Using specific information about the tank and the surrounding environment, Mascoat’s thermal engineer was able to show that just 1.0 mm of the coating can provide a 60.8 percent reduction in daily solar loading.

The challenge with calculating solar loading savings is that the actual watts being saved do not accurately reflect the savings of actual product. Every product has a different evaporation level at different temperatures and secondly, the fill level of the tanks and ambient conditions can change every day. However, some data can be gathered for Ethanol, as displayed in the graph to the right.

After consulting with the client and preferred applicator TAC Solve, the client decided to apply 1.5 mm of Mascoat Industrial-DTI to 6 tank roofs (close to 1000 square metres in total) over the course of 2 years. Ethanol loss was closely tracked for another year after application and the results outperformed everybody’s expectations. The client reported that they realised their Return On Investment within 1 year.

Results after 12 months (as reported by client):

· Realised savings post application of 120.000 Litres ethanol per annum

· Local ethanol sales price per Litre – 0,54 USD

· Total savings – 64.800 USD

· Cost of the installation – 55.000 USD

· Full ROI realised in just over 10 months

Other Benefits Realised Using Mascoat Industrial-DTI

  • Reduced installation costs due to no scaffolding required and minimal application crew needed (usually only 3-4 people)
  • One-part coating requires no additional welding or fabrication
  • The coating has a proven longevity track record up of 20+ years without need for regular maintenance or inspection
  • Provides a consistent insulation value for life of the coating with no degradation of the system
  • The coating can withstand foot traffic for personnel access. A topcoat may be applied in high traffic areas like walkways if client requests one.
  • All maintenance and quality control inspections (NDT Testing) can be made through Mascoat, reducing inspection costs and increasing security
  • The water-based chemistry and dry-fall properties of the coating means the installation has a very low environmental impact
  • Less waste on the job site thanks to lack of custom fabrication.
  • The coating continues to reduce the total cost of ownership for years to come

 

Mascoat is a division of Seal For Life Industries. Whether it is performance coatings, fire protection and high temperatures, insulative and marine coatings or polymer flooring, our broad range of brands can provide the right coating solution.

For more information visit www.mascoat.com

BES Group welcomes Alliance Inspection

BES Group are delighted to share that Alliance Inspection have joined the BES Group. Alliance Inspection are a North West based Non-Destructive Testing and Asset Integrity Inspection company, specialising in EEMUA and API assessments. This is their second acquisition of 2023 and they are extremely pleased to have welcomed their specialist team to their Group.

The Alliance Inspection team is made up of more than 20 people, all experts when it comes to NDT solutions and fitness for service assessments. They are focused on delivering the very best service for their customers, working with organisations such as United Utilities, Mersey Travel, Kimberley Clark, and many more, to help ensure the safety and operational efficiency of their machinery and equipment.

“From our first meeting with the BES Group, we were excited by the opportunities joining them would bring for our customers, the Alliance Inspection business and our excellent team. They continually invest in their ways of working to make sure their customers always have the very best experience, and we know this will be well received all round. Culturally, we are very much aligned with the BES Group and we’re extremely excited about our future as part of the wider team,” said Neil Edge, Alliance business development manager.

“Growth by acquisition is an ongoing focus for the BES Group. It’s important to us that we are welcoming businesses that are made up of the very best people that enhance the risk management solutions we offer our customers. We have found that with Alliance Inspection and we’re delighted to have them on board. We know they have a strong future ahead of them as part of the BES Group,” said John Campbell, Group CEO.

They will continue to support their customers with Marisa Gouldson, group manager, and Neil Edge, remaining in their existing roles.

For more information visit www.britishengineeringservices.co.uk

PBF Energy announces CEO transition plans

The Board of Directors of PBF Energy Inc. has named its current president, Matthew C. Lucey, as president and chief executive officer and appointed him to the Board, effective July 1, 2023. Mr. Lucey will succeed current CEO Tom Nimbley, who will continue as executive chairman of the Board of Directors.

Mr. Nimbley has been chief executive officer of PBF Energy since our initial public offering in 2012, after leading its private predecessor company as chief executive officer since 2010. In 2016, the Board of Directors appointed him chairman and chief executive officer.

“Tom’s vision and commitment are the reasons why PBF Energy is so well-positioned today,” said Gene Edwards, lead Independent director of the Board of Directors. “His deep refining knowledge has allowed PBF Energy to navigate challenging industry conditions as we pursued a path of growth as a development company with zero assets to being one of the largest independent refiners in North America today.”

PBF Energy has recorded many notable achievements under Mr. Nimbley’s leadership, including:

  • Establishing PBF Energy as a leading independent refiner with a geographically diversified portfolio of six high complexity refineries and associated logistics assets;
  • Focusing PBF Energy on investing for the future, as most recently demonstrated by the Company’s St. Bernard Renewables plant located in Chalmette, Louisiana, which will enable the Company to contribute diversified sources of energy to the global mix, lower the carbon intensity of its operations and products, and exponentially increase production of Renewable Identification Numbers (RINs)
  • Creating a values-based organisation with a mission to operate our facilities safely, reliably and in an environmentally responsible manner, provide employees with a safe and rewarding workplace, become a positive influence in the communities that host us, and provide superior returns to our investors.

 

“On behalf of the Board of Directors, I want to thank Tom for his outstanding leadership as chairman and CEO,” Mr. Edwards continued. “I look forward to continuing to work with him as our executive chairman.”

“Matt is the right leader at the right time for PBF Energy,” Mr. Nimbley said. “I have partnered with him for many years, and I am confident he will continue to serve PBF Energy, our employees, host communities, and shareholders well.”

Mr. Lucey joined PBF Energy’s predecessor company at its formation in 2008, serving as the company’s first chief financial officer until 2014, when he became executive vice president. He has been president of the company since 2015, in charge of day-to-day operations and strategic projects. Prior to his tenure at PBF Energy, Mr. Lucey worked in private equity specialising in several sectors of the broader energy industry from 2001 to 2008. Before that, he spent six years in the banking industry.

“Tom’s leadership in fostering a culture of operating excellence and financial strength will continue to benefit us in the years to come,” Mr. Lucey said. “The company is on strong financial footing and remains committed to maintaining strength through our balance sheet while striving for superior shareholder returns. I am excited to continue working with him and the entire PBF team as the company takes on the challenges and opportunities that lie ahead.”

For more information visit www.pbfenergy.com

Cashco promotes Isaac White

Cashco, Inc., a renowned manufacturer of industrial control products, is pleased to announce the promotion of Isaac White to marketing manager.

Isaac White joined Cashco, Inc. in December 2015 as a graphic designer and worked his way up to marketing specialist. When asked how he felt about his promotion, White said, “I felt an overwhelming sense of joy and gratitude because this is a goal I have been working towards since I started my career. I am also filled with a sense of responsibility and eagerness to take on the new challenges that come with the role.”

In his new role, White will lead the marketing team in developing and executing comprehensive marketing campaigns fostering brand awareness and strengthening Cashco’s market position. He will spearhead initiatives to communicate the company’s product portfolio, value proposition, and technological innovations to various customers and stakeholders. His strategic thinking, creativity, and strong leadership skills have contributed significantly to the company’s growth and market expansion, and will continue to do so in his new position.

“Isaac is one of those individuals that you see maybe two or three times in a career,” said Dimity Ankerholz, VP of sales & marketing. “He is excited every day to push the company forward in his space, leverage what has been done before, and expand on it. He is always willing to hear others’ opinions but is perfectly capable of operating with a clean sheet of paper and creating an image or content that raises Cashco to the next level,” Ankerholz said.

White holds a Bachelor of Fine Arts degree in Graphic Design from Kansas State University. With his strong background in marketing and understanding of the industrial control products sector, White has been instrumental in developing and implementing successful marketing strategies for Cashco.

As Cashco, Inc. continues expanding its global presence and exploring new markets, White’s promotion as marketing manager reinforces its commitment to innovation, customer satisfaction, and delivering industry-leading solutions.

For more information visit www.cashco.com

GF Piping Systems India secures three LEED Certifications

The GF Piping Systems plant in Ratnagiri, India, is the first industrial manufacturing site in the country to receive two Platinum Certifications and one Gold Certification from the US Green Building Council and Green Business Certification Inc.

The LEED certification programme is an internationally recognised rating system for healthy, efficient, carbon and cost-saving green buildings. Now, GF Piping Systems India has received certifications for a total of three buildings. The on-site customisation building achieved Platinum Certification under the v4.1 Operations and Maintenance: Existing Buildings rating system with a total of 83 points, while the warehouse and main plant building also received Platinum and Gold Certifications respectively.

The certification process began in 2021, while the necessary measurement and monitoring equipment was registered and installed throughout 2022. This was followed by a period of rigorous auditing which resulted in the Gold Certification in March 2023 and the two Platinum Certifications in April 2023.

Shekhar Jagtap, managing director of GF Piping Systems India, is happy with the result: “Our Strategy 2025 stipulates that we reduce our CO2 emissions by 21 percent until 2025, and we have continually worked towards this goal. The LEED certifications prove to us and our customers that we are on track and successfully transforming the approach to industrial buildings.”

GF Piping Systems India is committed to enabling the safe and sustainable transport of water, gas, and chemicals. Previously, the company installed a solar energy system with 2239 modules on its production site and warehouse roof. The panels have a capacity of 750 kWp and reduce GF Piping Systems India’s CO2 emissions by approximately 1000 tonnes per year.

For more information visit www.gfps.com/landing-page.html

Gasum to supply liquefied biogas to the Vieremä biogas terminal

Gasum has entered into a liquefied biogas supply agreement with the Finnish company Vieremän Lämpö ja Vesi. Under the agreement, Gasum will supply biogas to Vieremän Lämpö ja Vesi’s biogas terminal starting in the autumn.

Vieremän Lämpö ja Vesi Oy is a company owned by the municipality of Vieremä and includes district heat, water and sewage treatment plants. District heat in the municipality is produced almost entirely with renewable biofuels.

The municipality of Vieremä has a biogas-based project under construction, where the first phase will involve a reception terminal for liquefied and compressed biogas, a backup biogas-fired power plant and a gas filling station serving transport. In addition, biogas can be used by industry and for electricity generation in Vieremä.

Gasum will supply the biogas to the terminal in liquefied form, meaning LBG. Gasum produces biogas in its own 17 biogas plants in Finland and Sweden and buys it from certified Nordic and European suppliers.

The LBG will be regasified so that it can also be compressed into CBG, which is suitable for refueling gas-powered passenger cars. The plan is for the terminal to be in use in early autumn, and the gas filling station will also open for everyone at the same time.

Aiming to create a biogas ecosystem

The project aims to create a biogas ecosystem in Vieremä. In practice, the introduction of biogas will increase security of supply, replace the use of heavy fuel oil in backup power production and allow industry in Vieremä to switch from using fossil gas to using biogas.

Vieremä also wants to create a market for locally produced biogas, which will pave the way for investments in biogas production as a new business for farms in the region. The goal is to switch to using biogas produced by local farms in the biogas terminal in stages as investments get underway.

In addition, the project will make biogas available as an alternative vehicle fuel for local residents and businesses. The project also means that the municipality of Vieremä will switch to using biogas-fueled vehicles in its own operations and in outsourced services.

Vieremä is a municipality in the North Savo region in eastern Finland and has a population of around 3,500. Vieremä is home to a lot of metal industry, but also, for example, concrete products manufacturing. Ponsse, a large manufacturer of forestry machinery, has its headquarters and factory in Vieremä.

The lifecycle emissions of biogas are 90 percent lower on average compared to traditional fossil fuels. Gasum’s strategic goal is to bring 7 TWh of renewable biogas yearly to market by 2027. This would mean annual savings of 1.8 million tonnes in carbon dioxide emissions for Gasum’s customers.

For more information visit www.gasum.com/en/

2023 STI/SPFA Board of Directors announced

The Steel Tank Institute/Steel Plate Fabricators Association (STI/SPFA) Board of Directors were elected by members of the association. Officers for 2023 were also elected by the Board following the online Business Meeting. Terms of new Fabricator Member Board of Directors are for three years. A full list of Board members can also be found on the website.

2023 Officers, One-Year Term

  • Robby Hagemann, President, Pressure Vessel Section (Boardman, LLC)
  • Kyle Couture, Vice President, Chairman Pipe Section (American SpiralWeld Pipe)
  • Steve Meeker, Treasurer, Chairman Finance Committee (Hamilton Tanks)
  • Sonny Underwood, Chairman of the Board (Mid-South Steel Products, Inc.)
    2023 Newly Elected/Re-Elected Fabricator Board Members, Three-Year Term
  • Robby Hagemann, President, Pressure Vessel Section (Boardman, LLC)
  • Robert Hall, Shop Fabricated Tank Section (Hall Tank)
  • Coby Hayes, Shop Fabricated Tank Section (J.L. Houston Co.)
  • John Loucks, Shop Fabricated Tank Section (Modern Welding Co.)
  • Paul Windham, Field Erected Storage Tank Section (Fisher Tank Company)
    Continuing Directors
  • Mike Lattner, Affiliate Section Chairman (Morrison Bros. Co.)
  • Bob Nemeth, Shop Fabricated Tank Section (Stanwade Metal Products Inc.)
  • Pat Rezin, Shop Fabricated Tank Section (USEMCO)

 

STI/SPFA promotes and unites the steel plate fabricated products industry through standards development, education and communication.

Fo more information visit www.stispfa.org

MR Group leveraging Smartflow inspection platform

Smartflow are honoured to share the news about MR ModuResources and Smartflow working together towards improved quality of inspection services, leveraging data, and providing more targeted and cost-effective inspections. Inspectors in the field use Smartflow’s mobile app to efficiently execute workflows and capture data online & offline, anytime and anywhere.

MR Group is further developing its digital inspection capability and platforms. When originally implemented some years ago, the digital tool was aimed at supporting surveyors in the field with inspection tasks, simplifying reporting, and allowing the data to be leveraged toward targeted inspections for clients.

The MR Group has recently engaged with Smartflow to adapt and customise Smartflow’s inspection software to advance MR Group’s service offerings further and utilise data to optimise the clients’ operations and assist in making informed decisions.

A pilot programme utilising the Smartflow software was agreed upon. The teams are working closely together to improve the quality of inspection services, leveraging data and providing more targeted and cost-effective inspection tools.

Duco de Haan, MR Group CEO, commented, “This is an important step forward to further build upon the Group’s digital and data vision. Feedback from both our front-line field personnel and clients has been instrumental in building upon the first generation of our digital inspection tools, and we are determined to further expand our capability. We are excited to draw upon the expertise of Smartflow and combine that with the Group’s expertise, including the team at MR Deepwater Subsea who pioneered subsea real-time data monitoring, to help build the next generation of digital and data for our clients.”

For more information visit www.smartflowapps.com

ILTA statement on CERCLA Liability Bill

Following the release of Senator Cynthia Lummis’s (R-WY) new bill amending the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), the International Liquid Terminals Association (ILTA) is pleased with the progress being built around PFAS remediation.

While ILTA members do not manufacture Per- and polyfluoroalkyl substances (PFAS) based firefighting foams, ILTA members have been required to use PFAS-based firefighting foams, per OSHA regulations and applicable engineering standards related to the storage of flammable liquids. As a result, ILTA facilities have used these PFAS-based firefighting foams in the past, but ILTA members support a standardized transition away from PFAS-based firefighting foams and are working to advance legislation establishing and clarifying a national transition away from PFAS-based firefighting foams.

ILTA member companies are stalwart environmental stewards. ILTA member companies support and participate in meaningful environmental stewardship to provide environmental sustainability. However, with respect to PFAS and the decision to use the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA or Superfund) to address the historic use of PFAS-based firefighting foams is the wrong method to achieve the desired result. Specifically, ILTA should not be liable under CERCLA for complying with the applicable law and engineering standards governing flammable liquid storage.

ILTA is hopeful that Congressional Leaders and the Biden Administration, along with industry and other stakeholders, will work to craft a meaningful and precise solution to the vast and ubiquitous problem presented by PFAS-firefighting foams and their historic impact on the environment. ILTA supports Senator Lummis’ narrowly tailored and crafted legislation as a positive step to finding and developing a fruitful solution to the impacts of PFAS.

For more information on ILTA, please contact Jay Cruz at (908) 202-6754.

For more information visit www.ilta.org

Kinder Morgan to increase storage capacity on its Texas intrastate system

Kinder Morgan’s plan to expand the working gas storage capacity at its Markham Storage facility in Texas is a significant move that will provide much-needed support to Texas customers, especially during severe weather events. The new cavern leasing agreement with Underground Services Markham will add more than 6 billion cubic feet of incremental working gas storage capacity and 650 million cubic feet per day of incremental withdrawal capacity to Kinder Morgan’s extensive Texas intrastate pipeline system.

The expansion project comes after Winter Storm Uri highlighted the critical role of KMI’s storage portfolio in supplying human needs customers in Texas and providing supply to numerous electric generation facilities during the storm. With this expansion, Kinder Morgan will be better equipped to provide natural gas storage solutions to support Texas’ ability to respond to energy crises and ensure energy reliability as renewables become a greater portion of the state’s energy mix.

Prior to the expansion, Markham had 21.8 Bcf of working gas storage capacity with peak delivery of 1.1 Bcf/day of natural gas with multiple receipt and delivery points on KMI’s nearly 7,000-mile Texas intrastate system. Interested shippers can obtain more information by contacting Larry Bell, chief commercial officer of intrastate pipelines in KMI’s Midstream Group. The expansion project is expected to be completed by January 2024, with commercial in-service starting at the same time.

For more information visit ir.kindermorgan.com

Brooge Energy reports 2022 revenue of USD $81.5 Million, an Increase of 95% year-over-year, and provides outlook for 2023

Brooge Energy Ltd, a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, has announced its financial results for the year ending December 31, 2022. Management will host a conference call on Thursday, May 4th at 10 a.m. ET and requests that all questions be submitted to BROG@KCSA.com by Sunday, April 30th at 8 p.m. ET.

”We are pleased to report revenue growth of 95 percent year-over-year for 2022 and a net profit of USD $27.3 million,” said Lina Salah Saheb, interim chief executive officer of Brooge Energy. “We are providing revenue guidance for 2023 of over USD $125 million based on near 100 percent Phase I and II storage capacity. Going forward we will continue to make progress on our Green Hydrogen and Green Ammonia Project and on the Phase III expansion as well as explore additional partnerships.”

Ms. Saheb was appointed as the interim chief executive officer of Brooge Energy and its subsidiaries in December 2022 and is diligently working to continue the vision of the Company. Since her appointment, Ms. Saheb has put in extraordinary efforts in leading the team to conclude the issuance of six financial statements within the stipulated extension provided by Nasdaq. These financial statements included: three audited restated financial statements for the years ended 2018 to 2020, two audited financial statements for the years ended 2021 and 2022, and the interim financial statements for the period ended June 30, 2022. This was following the recommendation of the Audit Committee of the Board of Directors.

Financial Results for the Year Ending December 31, 2022

In 2022, Brooge Energy provided storage capacity of 1,001,388 cbm and related services to numerous oil traders and producers generating revenue of USD $81.5 million in 2022, a 95 percent year-over-year increase, as compared to USD $41.8 million in 2021. This significant increase is mainly attributable to the commencement of Phase II storage and services in September 2021, which were available during the year in 2022, as well as signing new contracts at higher storage rates.

Gross profit for 2022 totalled USD $56.8 million, an increase of 112 percent, as compared to USD $26.8 million in 2021. Gross profit margin improved by 70 percent in 2022 as compared to 64 percent in 2021.

For the year ending December 31, 2022 the Company reported a net profit of USD $27.2 million or $0.31 per basic and diluted share, an increase of 6 percent, as compared to USD $25.7 million or $0.29 per basic and diluted share in 2021, predominately due to an increase in non-cash change in estimated fair value of derivative warrant liability, increase in general and administrative expenses, and increase in finance costs related to Phase 2 construction.

Operations Update and Highlights:

The success of Phase I and II, led the Company to consider expanding its storage facilities where it has conducted a feasibility study and commenced early preparation works on Fujairah Phase III. Upon successful expansion of the Phase III facility, this would position the Company as one of the largest independent oil storage facility in Fujairah, with capacity to store clean petroleum products, middle distillates, high and low sulphur fuel oil as well as crude oil.

The Company is also in the advanced stages of planning a Green Hydrogen and Green Ammonia Project, which aims to produce up to 700,000 MT of green ammonia per annum once fully completed. The Green Hydrogen and Green Ammonia Project is one of the first privately owned company green ammonia projects in the United Arab Emirates and the region, led by Brooge Energy Limited’s 100 percent owned subsidiary Brooge Renewable Energy, which aims to produce renewable, carbon-free fuel using solar power. The Company recently announced that the technical study of its plant conducted by Thyssenkrupp Uhde has been completed and delivered.

Earlier in 2023, the Company announced a partnership through the Company’s subsidiary Brooge Renewable Energy (“BRE”) with Siemens Energy (“SE”), one of the world’s largest energy technology companies, to build a photovoltaic (“PV”) solar farm to supply BRE’s Green Hydrogen and Green Ammonia project in Abu Dhabi, United Arab Emirates. BRE and SE partnership is aimed to build up to 650 MW solar PV plant to supply BRE’s planned Phase 1 of the green ammonia project with renewable energy. Siemens Energy will serve as the Technical Partner to Brooge and exclusive provider of solutions including engineering, design procurement, and construction of up to a 650 MW solar PV plant including grid connection and operation and maintenance services. The two companies will partner to obtain the necessary project approvals from governmental agencies as a first step of the project targeting construction commencement in the second half of 2024.

On March 28, 2023, Brooge Energy was awarded “Best Specialist Liquid Bulk Terminal of the Year 2023” and “Safe and Secure Terminal of the Year” at The Global Ports Forum Awards, a highly respected ceremony within the global ports and terminal industry, in Dubai, UAE.

Outlook for 2023

At year end 2022, the Company had five oil storage customers providing diversification of revenue with longer term contracts and renewal options. Based on this information and near 100 percent Take or Pay contracted storage capacity of Phase I and II during 2023, management is providing revenue guidance for over USD $125 million for 2023, an increase of at least 53 percent year-over-year.

Conference Call Details
Date: Thursday, May 4, 2023
Time: 10:00 a.m. Eastern Time
Webcast: www.viavid.webcasts.com/starthere.jsp?ei=1610239&tp_key=6e19069490
Dial-In Number: 1-888-886-7786 or 1-416-764-8658
UAE Toll Free: 800035703632
Conference ID: 60400024
Deadline to Submit Questions: Sunday, April 30, 2023 at 8 p.m. ET
Email to Submit Questions: BROG@KCSA.com
Replay: 1-844-512-2921 or 1-412-317-6671 (Access ID: 60400024)

For more information visit www.broogeenergy.com

Order reservations is the newest “self-serve” feature in Load2day

Toptech Systems are pleased to announce that the first production deployment with Order Reservations, the newest feature in Load2day, was recently completed and is in use. Order Reservations furthers the benefits of Load2day. The feature allows suppliers to empower their customers with the ability to create orders. This service saves suppliers time and money by removing “create orders” from their to-do list, without losing any control.

For example, suppliers can still set the customer credit limits and their daily, weekly, and/or monthly supply limits. The volumetric credit and supply amounts are reserved from the quantities that have been made available to the customer. This means customers can operate within the credit and supply limits set by their supplier with full visibility to their available volume. Plus, a colour-coded display allows suppliers to quickly view which orders are within the credit and supply limits, which orders are outside the limits, and which orders have at least one product that passed and at least one that failed.

Once an order has been fully authorised by the supplier, it is populated in TMS. When the driver loads and completes that order, the BOL and transaction information are sent back to Load2day for the supplier and their customer. The BOL is also available in the Load2day Driver Connect app. The supplier can then invoice their customers and release the reserved quantity in credit.

Toptech are pleased to report the pilot site’s supplier and customer are very pleased with the solution and the smooth implementation. The supplier plans to offer this service to all their customers and carriers at the first site in the coming month and expand it to additional terminals over the next few months.

Order Reservations provides control and visibility to suppliers and customers, gives better organisation and control to the terminals, expedites transaction data for all parties, and accelerates invoicing capabilities for suppliers.

For more information visit www.toptech.com

Sunoco LP are proud to announce the acquisition of 16 terminals from Zenith Energy

Sunoco LP are proud to announce the acquisition of 16 terminals from Zenith Energy across the East Coast and Midwest.

These terminals reflect their mission to grow their fuel distribution network so they can continue to deliver the fuel, services and support needed to fuel the people who keep our world moving.

Get more details of Sunoco’s 42 company terminals here: https://bit.ly/3VmsSUB

For more information visit www.sunocolp.com

Scully Signal and Emco Wheaton announce partnership with the introduction of TankTek™

Scully Signal Company and Emco Wheaton are pleased to announce the latest innovation in fluid handling systems, TankTek™. TankTek is the product of a new partnership between Scully and Emco Wheaton, both longtime industry leaders in protecting people and the environment.

“Together, we have developed a great solution—one that combines bottom loading vapour recovery with overfill prevention and static grounding verification—to help protect workers and the environment,” said Scully president & CEO Katrina Scully Ohl.

Managing petroleum-based products requires a high degree of attention to help ensure the safety of operators and reduce environmental impacts. The TankTek kit includes bottom loading vapour recovery and overfill prevention and static grounding verification equipment for tank truck manufacturers, OEMs, and carriers.

TankTek’s vapour retention system captures vapour’s during loading and unloading, and the overfill prevention and grounding verification system protects against spills and explosions. The TankTek system:

  • Reduces downtime and repair costs with a high-quality system that is built to last.
  • Meets delivery commitments—when and where it is needed.
  • Maximises vapour retention while controlling fills and avoiding spills.

 

The TankTek system is made in the United Kingdom and United States, in vertically integrated manufacturing facilities with a focus on operational excellence, quality, and customer commitment. DynaCheck—Scully’s patented self-checking module—is integrated into TankTek’s electrical system, ensuring dependability throughout the product life cycle. TankTek’s long-term reliability means minimal downtime and greater profitability for the customer.

“As TankTek is launched into the North American market, we will be working closely with our customers to understand their business and technical needs, based on our vast global experience. Our goal is to offer equipment that results in an optimised loading and unloading process, increased efficiencies, and driving growth. This growth will be predicated upon our ability to meet and exceed customer expectations,” said Bora Filipovic, global commercial director at Emco Wheaton.

“Scully will serve as the single point of contact throughout the United States and Canada, making it easy for customers to learn about, and install, the new system with the expert assistance of our sales and technical support teams,” added Scully Ohl.

For more information visit www.scully.com

Cool Sorption is pleased to announce that it has been awarded a contract to deliver a Methanol Vapour Recovery Unit

Cool Sorption is pleased to announce that it has been awarded a contract to deliver a Methanol Vapour Recovery Unit. This contract is a recognition of Cool Sorption expertise and commitment to providing innovative solutions and meeting the highest standards of efficiency.

Furthermore, this contract will allow Cool Sorption to build on a strong partnership with European Energy A/S and will represent a significant step forward in our efforts to support the Power-to-X industry, contribute to the decarbonisation of our energy mix and support the development of sustainable Eco Friendly Fuels.

The methanol facility is expected to deliver 32,000 tonnes per year of Carbon Neutral e-methanol for the shipping industry and plastic manufacturing, and Cool Sorption is proud to be a part of this first large-scale e-methanol production in Denmark.

For more information visit www.coolsorption.com

Introducing the LNG plant send out capacity increase project

Gizil’s dedicated team has worked tirelessly to boost the send-out capacity of the LNG plant, enabling them to meet the growing demand for clean and reliable energy.

Image supplied by Gizil

This comprehensive project was aimed at increasing the send out capacity of the LNG Terminal. The scope of the project included the Electrical and Instrumentation works which were carried out with a keen focus on safety, quality, and timely delivery. The work involved product supply, dismantling, installation, testing, and commissioning for a variety of systems. The specific components of the project scope included:

• 6.3kV System: Revamping the existing system and enhancing the capacity of the medium voltage system.
• 0.4kV System: Upgrading the low voltage system to improve efficiency and reliability.
• Metering Station: Delivering a fully equipped metering station, along with its integration into the existing facility.
• Automation System Including ESD Integration: Design, supply, and installation of a comprehensive automation system with integrated Emergency Shutdown (ESD) system, improving safety and process control.
• Instrumentation: Supply and installation of a variety of instrumentation devices, enhancing the plant’s measurement and control capabilities.
• Fire & Gas Detection System: Installation of a robust Fire and Gas detection system, ensuring improved safety standards for the facility.
• Medium Voltage Cables: Supply and installation of medium voltage cables, as part of the upgrade of the 6.3kV system.
• Low Voltage Power Cables: Supply and installation of low voltage power cables, supporting the upgrade of the 0.4kV system.

For more information visit www.gizilenerji.com

duisport and Koole Terminals plan storage and handing of renewable energies in the port of Duisburg

Memorandum of Understanding signed for the development of a tank farm for renewable fuels in Duisburg-Hochfeld.

duisport is consistently continuing the site development of Duisburg into a central hydrogen hub: Duisburger Hafen AG and Koole Terminals, a Dutch developer and operator of liquid bulk terminals, have signed a joint letter of intent to develop a tank farm for liquid renewable fuels and raw materials such as ammonia in the Port of Duisburg. Ammonia is an important energy source for hydrogen. A site at the so-called Rheinkai Nord in Duisburg-Hochfeld has been chosen as the future location for this project.

duisport CEO Markus Bangen: “Important contribution to establishing Duisburg as a central hub for sustainable energy products”

The partnership between duisport and Koole creates conditions and releases synergies, which will strengthen the entire Rhine-Ruhr industrial region in the long term and continuously expand and strengthen Duisburg as a central hydrogen hub.

duisport CEO Markus Bangen: “For the energy turnaround to succeed, Germany’s industry is dependent on the rapid expansion of a high-performance infrastructure for renewable energies such as hydrogen – and we are providing it. In this way, we are making an important contribution to establishing Duisburg as a central hub for sustainable energy products in North Rhine-Westphalia. In Koole, we have found a strong and experienced international partner with the necessary know-how to realize these plans as part of our long-term development strategy.”

“The topic of hydrogen has long played a central role for Duisburg and is also the key to a sustainable future for logistics. Where coal was once stored and handled in the outer harbour, green products will be moved in the future. This is structural change par excellence,” adds Alexander Garbar, head of corporate development at duisport.

Koole Terminals CEO John Kraakman: “Building highly required infrastructure to serve our customers in Germany even better”

“Koole is an experienced independent operator of twenty-one liquid bulk terminals across seven countries. With our current and planned infrastructure, terminals, modalities, and integrated solutions, we play a leading role in facilitating the energy transition. We are pleased with the opportunity to develop a terminal for sustainable fuels and feedstocks in Duisburg at a pivotal location in Germany. This will allow us to serve existing and new customers even better, going into this new era” says Tamme Mekkes, business development director at Koole Terminals.

For more information www.koole.com

Mabanaft’s Hamburg Waltershof tank terminal certified

Mabanaft’s Hamburg Waltershof tank terminal has recently been certified to the requirements of quality management.

All of Mabanaft’s eleven tank terminals are now certified in energy management according to DIN EN ISO 50001 as well as in quality management according to DIN EN ISO 9001. With the integrated management system, Mabanaft will be able to make processes even more efficient in the future.

For more information visit www.mabanaft.com/en/

RWE and Kellas Midstream announce partnership to explore green hydrogen production on Teesside

RWE, the UK’s largest power generator and Kellas Midstream, a UK based independent energy infrastructure company have announced a partnership to explore the potential for large-scale green hydrogen production on Teesside, an area committed to playing a vital role in helping the UK achieve its 2050 net zero ambitions by becoming one of the world’s first decarbonised industrial clusters through the production, consumption, and export of low carbon hydrogen.

RWE and Kellas have signed a Memorandum of Understanding (MoU) to jointly progress opportunities for gigawatt-scale green hydrogen production on Teesside in a phased development matched to customer demand. The hydrogen production site will be located in Teesside close to emerging hydrogen infrastructure and will leverage each of the company’s leading positions in energy infrastructure and renewables.

Hydrogen has a crucial role to play in achieving net zero and is an essential component to decarbonise industry. Teesside is the perfect location to deliver the green hydrogen development as it is close to industry that needs to decarbonise and a growing offshore wind pipeline.

Kellas owns, manages, and operates a portfolio of critical energy infrastructure in the Central and Southern North Sea, including its CATS (Central Area Transmission System) terminal on Teesside that transports and processes around a quarter of all UK gas production. CATS is also the location for Kellas’ ground-breaking H2NorthEast blue hydrogen project that will deliver over 1GW of low carbon hydrogen and contribute as much as 10 percent of the UK’s target hydrogen production by 2030.

RWE is proactively investigating hydrogen opportunities across the UK including the potential development of green hydrogen plants at Pembroke, Didcot and in Markinch near Fife. The company has a wealth of knowledge and experience in the development of green hydrogen projects across Europe including involvement in GET H2 and Hollandse Kust West. The company is targeting 2GW of green hydrogen development in its core markets by 2030.

Nathan Morgan, Kellas CEO, said “We are delighted to announce this partnership with RWE, an organisation that shares our drive and commitment to actively shape the future of the hydrogen economy and help our stakeholders achieve their net zero ambitions. There are real synergies between green hydrogen production and our core energy infrastructure activity, and we aim to leverage our leading position on Teesside, through our CATS facility and emerging blue hydrogen activity, as part of our collaboration with RWE.”

Sopna Sury, COO Hydrogen, RWE Generation, said “This partnership with Kellas is an exciting development in RWE’s green hydrogen plans, with ambitions to invest £15 billion in the UK in suitable and cost-effective green energy projects by 2030. Projects like the Teesside development will help Government achieve its target for 10GW of low carbon hydrogen production and play an essential role in the pathway to net zero, particularly in hard to decarbonise industry. We are committed to playing a full part in the delivery of this emerging technology in the UK, and at the same time creating skilled green jobs.”

Tees Valley Mayor, Ben Houchen, said “This is another big step forward for hydrogen production on Teesside. Our region already produces around half of the UK’s hydrogen and we’re on track to become one of the world’s first decarbonised industrial clusters by 2040. It’s great to see that our growing hydrogen infrastructure is attracting yet more massive international companies that will drive forward the UK’s clean energy ambitions and – vitally – create good-quality, well-paid jobs for local people in the cleaner, safer and healthier industries of the future.”

For more information visit www.rwe.com

Rubis Terminals redesigns website

Rubis Terminal is a leading provider of tank storage solutions for a diverse range of products in the fuel, biofuel, chemical, and agri-food sectors. With a focus on specialty chemical products, Rubis Terminal is committed to providing sustainable and efficient services to its customers, including chemical companies, distributors, traders, and wholesalers.

Rubis Terminal’s chemical activity is a top-level asset, equipped with state-of-the-art technology to ensure the safe and efficient handling of chemicals. The company’s terminals are designed to minimize the impact of its operations on the environment. In some of its terminals, particularly in the ARA+D region, Rubis Terminal’s activity generates zero product emissions.

Rubis Terminal’s commitment to sustainability goes beyond its operations. The company is dedicated to providing excellent services to its customers, including multimodal and high-performance connections. Rubis Terminal’s commitment to sustainability and excellent customer service is reflected in its new website, which provides detailed information about its products and services.

As a leading provider of tank storage solutions, Rubis Terminal is proud to be at the forefront of sustainable tank storage solutions. Join Rubis Terminal in its commitment to a sustainable future. Visit its new website to learn more about its products and services.

For more information visit www.rubis-terminal.com

ExxonMobil Guyana advances fifth offshore Guyana development

ExxonMobil made a final investment decision for the Uaru development offshore Guyana after receiving required government and regulatory approvals. The company expects Uaru, the fifth project on Guyana’s offshore Stabroek block, to add approximately 250,000 barrels of daily capacity after a targeted startup in 2026.

“Our fifth, multi-billion-dollar investment in Guyana exemplifies ExxonMobil’s long-term commitment to the country’s sustained economic growth,” said Liam Mallon, president of the ExxonMobil Upstream Company. “Our Guyana investments and unrivalled development success continue to contribute to secure, reliable global energy supplies at this critical time.”

The $12.7 billion Uaru project plans to include up to 10 drill centres and 44 production and injection wells aimed at developing an estimated resource of more than 800 million barrels of oil.

MODEC is constructing the Floating Production Storage and Offloading (FPSO) vessel for the Uaru project, which will be called the Errea Wittu. ExxonMobil is utilising its diversified supplier base to help reduce costs and safely accelerate development in its Guyana operations. The company’s diverse supplier base includes nearly 1,000 unique local Guyanese suppliers, exemplifying Guyana’s growing in-country supply chain capabilities.

Two FPSOs, the Liza Destiny and Liza Unity, are currently operating offshore Guyana and safely produced an average of 375,000 barrels of oil per day in the first quarter. A third FPSO, the Prosperity, is expected to be operational later this year, adding 220,000 barrels of daily capacity from the Payara development. ExxonMobil made a final investment decision on the fourth offshore project, Yellowtail, last year. The company is targeting to have six FPSOs online by the end of 2027, bringing Guyana’s production capacity to more than 1.2 million barrels per day.

ExxonMobil’s Guyana developments are generating around 30 percent lower greenhouse gas intensity than the average of ExxonMobil’s upstream portfolio. According to the independent research firm Rystad Energy, they are also among the best performing in world with respect to emissions intensity, outpacing 75 percent of global oil and gas producing assets.

ExxonMobil affiliate Esso Exploration and Production Guyana Limited is operator and holds 45 percent interest in the Stabroek Block. Hess Guyana Exploration Ltd. holds 30 percent interest and CNOOC Petroleum Guyana Limited holds 25 percent interest.

For more information visit www.corporate.exxonmobil.com

Venture Global announces 20-year LNG sales and purchase agreement with JERA

Venture Global LNG announced the execution of a long-term Sales and Purchase Agreement (SPA) with JERA Co., Inc. for the sale of 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from CP2 LNG for 20 years. CP2 LNG is Venture Global’s third project and is expected to commence construction later this year. To date, the company has announced SPAs for over a third of the 20MTPA nameplate facility with active discussions ongoing for the remainder of its capacity. This deal follows JERA Global Markets’ purchase of the inaugural commissioning cargo of LNG exported from Venture Global’s first project, Calcasieu Pass.

“Venture Global is thrilled to be expanding our partnership with JERA, one of the world’s premiere energy providers and largest buyers of LNG,” said Mike Sabel, CEO of Venture Global LNG. “Japan has taken a pragmatic approach to ensuring its energy security while advancing environmental progress. We are honoured to supply our growing customer base in Japan with a clean and reliable source of lower carbon energy and look forward to supporting JERA in its efforts to bring LNG to the region for many years to come.”

“LNG procurement competition has been intensifying and thus, stable procurement of LNG in a timely manner in line with the domestic electricity supply-demand situation is needed to secure a stable supply energy in Japan. This is a destination free FOB contract, which enables JERA to secure LNG in a high flexible manner and is expected to help with our capability to respond to volatility in the domestic electricity supply and demand” said Sunna Nakamura, senior managing executive officer, optimisation of JERA.

For more information visit www.venturegloballng.com

Northwest Tank & Environmental has joined Tanknology

Tanknology Inc., the global leader in environmental compliance testing, inspection services and fuel quality solutions has announced the acquisition of Northwest Tank and Environmental Services (Northwest Tank), a Woodinville, Washington-based provider of underground storage tank (UST) compliance services and metre calibrations.

“The transaction is expected to provide significant benefits to both companies’ customer base by adding highly skilled employees, expanding geographic capacity and offering additional proprietary testing and inspection services. Northwest Tank shares in our commitment to a customer-centric culture and delivery of a highest quality of service“ said Allen Porter, Tanknology president and CEO.

“I am extremely proud of what Tanknology has accomplished over the last 35 years as the industry-best service provider, and innovator and manufacturer of industry-leading technologies and equipment,” Porter continued. “Our objective has always been to meet the compliance needs of our customers and international partners. The integration of Northwest Tank’s expertise, services, and processes, further expands this mission and positions Tanknology toward many years of growth and industry leadership.”

Northwest Tank provides UST compliance services in Washington, Oregon, Idaho and Montana and conducts metre calibrations in Washington, Oregon, California, Idaho, Montana, Hawaii, Nevada, Utah, New Mexico, Wyoming, Colorado, Arizona, Minnesota and Wisconsin.

“Northwest Tank and Environmental Services is excited to be joining Tanknology,” said Remy Cano, president of Northwest Tank. “Our customers will benefit from our ability to integrate Tanknology’s industry-leading technologies, systems and processes. By joining with Tanknology, Northwest Tank will enhance our capacity for delivery of service and be able to offer our customers additional services and resources. As a part of Tanknology our employees will have greater depth and breadth of support and increased opportunities.”

For more information visit www.tanknology.com

Technip Energies granted Approval in Principle by Bureau Veritas Group

Technip Energies are very proud to announce that they have been granted Approval in Principle by Bureau Veritas Group for their innovative Offshore C-Hub™ concept – a floating vessel that receives liquid CO2 from shuttle tankers, provides buffer storage of liquid CO2 in its hull and continuous injection of the CO2 into an offshore aquifer or depleted reservoir. The Offshore C-Hub™ offers a reliable, safe, and cost-effective solution for the permanent storage of CO2 in offshore reservoirs.

Technip Energies are committed to developing sustainable and innovative solutions including Carbon Capture Utilisation and Storage (CCUS) solutions to decarbonise the industry and support its clients’ net zero goals.

For more information visit www.technipenergies.com/en

HMT LLC names Allie Alderson director of sustainability

HMT LLC, the global leader in above-ground storage tank solutions and a key resource for the oil and gas industry for emissions reduction and environmental solutions, has named Allie Alderson as director of sustainability, a new position.

Alderson, who has been at HMT for 13 years, most recently as general manager of domestic product sales, will direct HMT’s ongoing and new sustainability programmes, including those focused on the company’s own operations and on how it serves customers and the industry overall. They include, but are not limited to, initiatives to make operations & manufacturing processes more energy efficient, educate on and reduce fugitive Scope 1 & Greenhouse Gas emissions of our customers, often by thousands of pounds per tank per year, and serve the communities in which the company operates.

“Given HMT’s role providing critical, forward-thinking environmental solutions, the director of sustainability position requires a professional with a deep knowledge of and commitment to our business. The way we design, manufacture, and distribute products and services that mitigate the industry’s environmental impact, making the storage of energy ever safer and more efficient, are the heart of this position. Allie Alderson is that person. In her successful tenure on the product and customer side, she has helped the industry understand and comply with regulations, educated on sustainability and environmentally focused legislation, and she has demonstrated clear leadership. Her impact on how we approach our own operations has been significant,” said HMT CEO Veronique Trudeau.

Said Alderson, “It’s an honour to assume oversight of HMT’s sustainability efforts and to work for a company that makes this a priority. Throughout my career at HMT, I’ve been motivated by the emissions reduction and safety focus that backs all of our offerings and operations around the world. I’m excited to lead this work to expand upon that tradition and to help set new sustainability standards for the industry.”

Alderson is a trainer for the ILTA post-conference session “Terminals 101”, participates in the API standards, and hosts conference talks regarding aboveground storage tank design optimisation, emission modeling and reduction, optimal external roof drain sizing to avoid failure, to name a few. Alderson recently co-hosted a panel discussion for the National Institute for Storage Tank Management that included the Texas Commission on Environmental Quality (TCEQ) authors of the SB 900 bill that affects tank owners and operators, and she authored a series of articles on the environmental and business implications of said bill.

For more information visit www.hmttank.com

Honeywell to acquire Compressor Controls Corporation, driving the energy transition through leading automation and controls portfolio

Honeywell have announced it has agreed to acquire Compressor Controls Corporation (CCC) from INDICOR, LLC, which is owned by funds affiliated with private equity firm Clayton, Dubilier & Rice, LLC and Roper Technologies, Inc., for $670 million, which represents ~15x 2023E EBITDA on a tax adjusted basis, in an all-cash transaction. CCC is a leading provider of turbomachinery control and optimisation solutions, including control hardware, software and services, and primarily serves the LNG, gas processing, refining and petrochemical segments.

CCC’s EBITDA margins are accretive to Honeywell, and Honeywell is expected to achieve a cash-basis return on investment of more than 15% by the fifth year that CCC is part of Honeywell.

The acquisition will be integrated into Honeywell’s Process Solutions business and will strengthen Honeywell’s leadership in industrial control, automation and process solutions, enabling customers to accelerate their energy transition.

The acquisition also bolsters Honeywell’s high growth sustainability portfolio with new carbon capture control solutions, where the same turbomachinery is used to achieve effective removal of CO2 from process plant emissions, and even from the Earth’s atmosphere.

“Compressor Control Corporation is an ideal complement to our process solutions portfolio, as it brings an installed base of greater than 14,000 control applications to our portfolio and will enable us to accelerate growth in combination with Forge’s industry leading APM capability,” said Lucian Boldea, president and chief executive officer of Honeywell Performance Materials and Technologies. “By enhancing our digitalisation portfolio, we are helping customers accelerate their energy transitions through new controls and automation that, for example, can help with carbon capture and sequestration.”

The addition of CCC’s proprietary performance analytics, optimisation algorithms and predictive health analysis to Honeywell’s existing Forge Performance+ offering will offer end users the greatest opportunity to maximise production uptime and minimise maintenance spend through the industry’s most comprehensive Asset Performance Management (APM) capability built on a true, cloud-native architecture.

The combination of the company’s existing offerings will provide the most complete end-to-end portfolio of products for operational control, safety, and asset performance management of compressors, turbines, generators and other turbomachinery in the LNG, gas processing, refining and petrochemical segments. These assets are the most critical production assets in these industries and have significant impact on the downtime, energy consumption, and maintenance expense of end users.

The transaction is expected to close in the second half of 2023, subject to customary closing conditions, including receipt of certain regulatory approvals.

For more information visit www.honeywell.com/us/en

Suncor Energy to acquire TotalEnergies’ Canadian operations for $5.5 Billion

Suncor Energy have announced that it has agreed to purchase TotalEnergies’ Canadian operations through the acquisition of TotalEnergies EP Canada Ltd., which holds a 31.23 percent working interest in the Fort Hills oil sands mining project and a 50 percent working interest in the Surmont in situ asset. This will add 135,000 barrels per day of net bitumen production capacity and 2.1 billion barrels of proved and probable reserves to Suncor’s oil sands portfolio. The acquisition is for cash consideration of $5.5 billion, with the potential for additional payments of up to an aggregate maximum of $600 million, conditional upon Western Canadian Select benchmark pricing and certain production targets. Subject to closing, the transaction will have an effective date of April 1, 2023.

“This transaction represents a major step in securing long-term bitumen supply to our Base Plant upgraders at a competitive supply cost,” said Rich Kruger, president and chief executive officer. “These are valuable oil sands assets that are a strategic fit for us and add long-term shareholder value. The acquisition also introduces flexibility and optionality into our long-range capital plan, providing us with further discretion in respect of the timing and scope of future oil sands developments.”

With the transaction Suncor will have 100 percent ownership of Fort Hills, which along with the Firebag and MacKay River in situ assets, provides the company with sufficient long-life, physically-integrated bitumen supply in the Fort McMurray region to fully utilise the Base Plant upgraders post the end of the Base Mine life in the mid 2030s.

Surmont is a high-quality, producing asset which adds long-life production to Suncor’s oil sands portfolio that is competitive with the company’s organic development options. The asset also has the potential for growth through cost-competitive expansion. When the Base Mine life ends in the mid 2030s the bitumen production from the combination of the Fort Hills and Surmont interests will effectively replace half of the current Base Mine bitumen production. Replacement of the remaining Base Plant Mine bitumen production will involve economic decisions assessing the highest value use of capital in the future.

With Suncor’s strong balance sheet the acquisition will be funded by debt. As a result, it is expected that net debt levels will temporarily exceed the company’s $12-15 billion target range. The company will maintain the current allocation of funds flow after dividends, capital and non-operational benefits of 50 percent to debt reduction and 50 percent to share buybacks in line with the capital allocation framework. Suncor expects to return to within its target net debt range in 2024 based on current expected commodity prices. The acquisition is expected to strengthen the underlying business, result in increasing funds flow and be accretive to funds flow per share. Assuming the acquisition closes as contemplated, the Board currently intends to increase the quarterly dividend by approximately 10 percent following closing.

The Surmont in situ project is operated by ConocoPhillips Canada and upon closing, each of Suncor and ConocoPhillips Canada will hold a 50 percent working interest. Under the terms of the Surmont joint venture arrangements ConocoPhillips Canada has certain preemptive rights including a right of first refusal on the 50 percent Surmont working interest. Closing of the transaction is anticipated to occur in the third quarter of 2023 and is subject to waiver of the right of first refusal on the Surmont working interest and other customary closing conditions, including receipt of all required regulatory approvals.

The addition of these assets to Suncor’s portfolio will be subject to our net zero by 2050 emissions reduction objective.

Suncor engaged J.P. Morgan Securities Canada to act as its exclusive financial advisor and Blake Cassels and Graydon LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP as its legal advisors on the transaction.

To view the investor presentation regarding this acquisition, visit suncor.com/investors.

For more information visit www.suncor.com

Dover Fueling Solutions partners with ICASA and TSG to launch DX Power in Europe

Dover Fueling Solutions, a part of Dover Corporation and a leading global provider of advanced customer-focused technologies, services and solutions in the fuel and convenience retail industry, is proud to announce its partnership with ICASA Energy Solutions and Technical Services Group, to offer DX Power™, DFS’ seamless electric vehicle payment solution, in Europe.

DFS and ICASA, a major player in integrated, end-to-end cloud solutions for the management of energy activities, established a strategic partnership after years of successful and intensive cooperation. In conjunction with Prizma, DFS’ connected mobility and convenience hub, and the integrated ICASA solution, DX Power can provide station operators with improved visibility and control over all EV transactions and offer flexible payment options.

“The success of the initial launch of DX Power in Europe has exceeded our expectations,” said Raf Tormans, senior manager, product management, DFS. “DX Power makes it possible for EV chargers to be included in transactions through the point of sale (POS) system and the outdoor payment terminal. This enables customers to pay for EV charging with cash, as well as a traditional bank card, local account and fleet card.”

“The complexity and the biggest challenge of public EV charging lies in the identification and authentication of the EV driver,” Steve Vandermeeren, COO/CTO of ICASA, explains. “The partnership with Dover Fueling Solutions and the successful integration with DX Power allows us to authorise EV charging sessions via both fleet card and bank card, not requiring any subscriptions and providing EV drivers with the freedom to charge anywhere.”

As part of the DFS and ICASA partnership, the two companies completed a successful DX Power pilot programme using TSG, the European leader in technical services for responsible mobility solutions. The pilot programme was conducted at an AVIA VOLT site in Enschede, Netherlands and made possible due to the high level of cooperation from AVIA VOLT’s fully working service station.

Through the pilot program, DX Power successfully bridged the gap between EV chargers and the remaining AVIA VOLT forecourt system, helping to streamline the site and provide a frictionless customer journey. The ability to connect EV chargers to Prizma marks a new milestone for the DFS and TSG partnership in Europe.

“DX Power will enrich the customer journey and stimulate electric mobility by offering all existing and new payment methods while giving fuel retailers a clear insight on costs before and after the EV charging transaction,” said Tommy van der Sluijs, business development manager EV, TSG Charge. “Only an intensive and successful cooperation between DFS, ICASA, and TSG could have led to this successful result.”

DX Power is compliant with applicable European Union regulations and industry standards. With the completion of the pilot programme, DX Power will expand in Europe over the coming months.

For more information visit www.doverfuelingsolutions.com/dxpower

Vopak and AltaGas form a new joint venture for large-scale LPG and bulk liquids export Terminal in Prince Rupert, Canada

Royal Vopak and AltaGas Ltd. are pleased to announce the execution of definitive agreements for a new 50/50 joint venture to further evaluate development of the Ridley Island Energy Export Facility (REEF), a large-scale liquefied petroleum gas (LPG) and bulk liquids terminal with marine infrastructure on Ridley Island, British Columbia, Canada.

REEF, as part of the previously submitted regulatory filings (under the name of Vopak Pacific Canada), will have the capability to facilitate the export of LPGs, methanol, and other bulk liquids that are vital for everyday life. REEF has been granted the key Federal and Provincial permits to construct storage tanks, a new dedicated jetty, and rail and other ancillary infrastructure required to operate a state-of-the-art and highly efficient facility. REEF would be developed on a 190-acre (77 hectare) site on lands administered by the Prince Rupert Port Authority for which the joint venture has executed a long-term lease that sits adjacent to AltaGas and Vopak’s existing Ridley Island Propane Export Terminal (RIPET), which has been in operation since April 2019.

Should REEF reach a positive final investment decision (FID), it is planned to be developed and brought online in phases. This approach will provide the most capital efficient build out of the project, match energy export supply with throughput capacity, mitigate the challenges that large development projects can have on local communities, and provide local construction and employment opportunities that would extend over longer time horizons. AltaGas has executed a long-term commercial agreement with the joint venture for 100 percent of the capacity for the first phase of LPG volumes, subject to a positive FID. AltaGas will also be responsible for the construction and operational stewardship of the facility. Future phases of the project will be developed as additional long-term commercial agreements and critical milestones are achieved to deliver the maximum value for all stakeholders.

Vopak, AltaGas, and the Prince Rupert Port Authority have been working closely with First Nations rights holders and key stakeholders, including the local communities in Northwestern British Columbia and the Federal and Provincial regulators, to deliver a project that will operate with industry-leading environmental stewardship and bring the strongest benefits to all parties involved. Key determinations and permits have been received from the Federal Government and an Environmental Assessment Certificate has been received from the British Columbia Provincial Government.

REEF Benefits from Structural West Coast Advantage to Asian Markets

With only ten shipping days to the fastest growing demand markets in Northeast Asia, REEF will be able to efficiently connect Canada’s vital energy products to the world. This includes having an approximate 60 percent base time savings over the US Gulf Coast, which requires a minimum 25-day shipping time to Northeast Asia, and approximately 45 percent base case time savings over the Arabian Gulf, which requires a minimum 18-day shipping time. This geographic advantage expands when there is significant congestion in the Panama Canal or when other global shipping pinch points experience disruptions. Furthermore, the Port of Prince Rupert provides REEF year-round ice-free operations and has the deepest natural harbour in North America, leaving it able to accommodate the world’s largest vessels, which ensures safe and reliable market access and allows AltaGas and Vopak to efficiently connect upstream and downstream markets.

Joint Venture is Targeting Advancement of Critical Workstreams Over 2023

REEF is currently working through front end engineering design (FEED) activities, where deliverables will include a refined capital cost estimate, a project execution plan, a construction schedule, and a projected in-service date, among numerous other items. FEED and other development activities are expected to be completed by late 2023, followed by an FID by the joint venture. Solidifying long-term economic rail agreements in partnership with the rail operator will also be key for the joint venture to be able to reach a positive FID and ensure the project advances, and, in turn, delivers the strong benefits to the joint venture partners, First Nations rights holders, the Prince Rupert Port Authority, local communities, upstream and downstream customers, and other key stakeholders.

Vopak and AltaGas are excited to further evaluate the development of REEF and build on the strong partnership between the two companies, under this new joint venture agreement. Vopak and AltaGas thank all stakeholders for the continued embracement and ongoing partnerships as part of this project. Working with stakeholders and seeking strong partnerships is part of both organization’s individual and collective DNA and is engrained in how Vopak and AltaGas approach their businesses every day.

“We are excited to build on our success with AltaGas in Prince Rupert”, said Dick Richelle, Chairman of the Executive Board and CEO of Royal Vopak. “Our goal is to create together with partners high quality critical infrastructure for vital products. The strategic location of Prince Rupert, with the shortest shipping distances between North America and Asia, has the potential to increase the trade between Canada and the Asia Pacific region. REEF fits very well within Vopak’s strategic pillar to grow in gas and industrial infrastructure. We look forward to further collaboration with First Nations rights holders and key stakeholders to make this project a reality.”

“We are excited to execute this agreement and continue to advance our relationship with Vopak, the Prince Rupert Port Authority, First Nations rights holders, and the local communities surrounding Prince Rupert” said Randy Crawford, President and CEO of AltaGas. “Canada has a structural advantage in delivering LPGs into Asia from its world class resources and through the shortest shipping time and lowest maritime emissions footprint. AltaGas delivers more than 12 percent of Japan’s propane and 12 percent of South Korea’s LPG imports through connecting our valued upstream customers with key downstream markets in Asia. REEF fits our corporate strategy of operating long-life infrastructure assets that connect customers and markets and provide resilient and durable value for our stakeholders. We look forward to working with all our partners to achieving the remaining milestones required to reach a positive FID on the project.”

“We congratulate Royal Vopak and AltaGas on this significant milestone towards advancing development of the terminal project at the Port of Prince Rupert” said Shaun Stevenson, President and CEO, Prince Rupert Port Authority. “Once operational, the new facility will substantially increase and diversify the Port of Prince Rupert’s liquid bulk cargo capabilities and capacity, while providing a much-needed export solution for Canadian producers during a critical time in the global energy transition.”

“We commend Vopak and AltaGas on their efforts to-date on building long-term relationships with our community,” said Chief Harold Leighton, Metlakatla First Nation. “We are excited with the potential this joint venture project provides to our area and the Metlakatla First Nation.”

For more information visit www.vopak.com

Calumet reaches milestone of largest Sustainable Aviation Fuel producer in North America; enters full operations at Montana Renewables; arranges bridge financing

Calumet Specialty Products Partners, L.P. have announced that its Montana Renewables subsidiary completed the startup of its Sustainable Aviation Fuel and Pretreatment units. Calumet and its SAF off-taker plan to hold a ribbon cutting ceremony on May 10, 2023 to recognise this important milestone.

“We are pleased to report that our leading Sustainable Aviation Fuel, Renewable Diesel, and Renewable Hydrogen platform is fully complete and operating,” said Bruce Fleming, CEO of Montana Renewables. “As we ramp up our pre-treater and draw down existing safety stock of clean feed, we reconfirm go-forward EBITDA guidance of $1.25 to $1.45 per gallon based on local sourcing of untreated feedstocks.”

On April 19, MRL closed a $75 million bridge loan with I Squared Capital. The bridge loan bears a variable rate of interest at SOFR plus 6.0 to 7.3 percent per annum and we have the flexibility to prepay 50 percent of principal under the bridge loan from free cash flow by the end of 2024. “Our capital markets strategy remains unchanged,” said Fleming. “This transaction provides strategic optionality as we continue to build North America’s largest SAF business.” For further details of this financing, please refer to our Current Report on Form 8-K that will be filed today.

Calumet’s CEO Todd Borgmann added “Following a year in which we’ve demonstrated the power of Calumet’s legacy Specialty business, we can now add the full earnings power of Montana Renewables. Over the past two years, our Montana Renewables team has quickly launched a leading renewables platform and created a first mover advantage in SAF. This major accomplishment is the most recent step in our transformational plan to unlock value for Calumet’s unitholders.”

For more information visit www.calumetspecialty.investorroom.com

EEMUA awards 2023 open for entries

The EEMUA Awards 2023 have officially launched.

The Early Years Industry Award recognises the efforts of new starters within the engineering field in EEMUA member companies anywhere in the world, demonstrating their communication skills, engineering application and leadership in their specific specialism. The Award is a great opportunity to celebrate the talent of those starting their careers within engineering, and to give recognition to the organisations that develop these outstanding individuals.

The Stuart Turner Award celebrates an employee of an EEMUA member organisation who has made a significant contribution to EEMUA and the wider industry. Volunteers from across the membership are the nucleus of EEMUA’s activities and output that help improve the safety, environmental and operating performance of industrial assets worldwide.

The deadline for submissions and nominations for the Awards is 8 September 2023. The winners will be announced at the EEMUA Awards Dinner being held in Chester, UK, on 15 November 2023.

Success will be celebrated widely, with the winners displayed on the EEMUA dedicated Awards page and their stories shared with the media, and on social media.

Further information on the Awards and how to enter can be found on the EEMUA website. Potential candidates for the Early Years Industry Award can watch last year’s winner, Megan Backhouse (Project Engineer at BOC UK & Ireland), sharing her experience of the process and the positive impact it has had on her professional development.

For more information visit www.eemua.org/tni/About-EEMUA/EEMUA-Awards.aspx

Eni inaugurates Congo LNG project in the Republic of the Congo

The President of the Republic of the Congo, Denis Sassou Nguesso, and the Chief Executive Officer of Eni, Claudio Descalzi, have laid the foundation stone of Congo LNG, the country’s first natural gas liquefaction project and one of Eni’s core supply diversification initiatives. The project is expected to reach an overall liquefied natural gas (LNG) production capacity of 3 million tonnes per year (approximately 4.5 billion cubic metres/year) from 2025.

Congo LNG will exploit the huge gas resources of Marine XII, fulfilling the country’s power generation needs while also fuelling LNG exports, supplying new volumes of gas to international markets focusing on Europe.

The project, made though an accelerated development schedule and a zero-flaring approach, will see the installation of two floating natural gas liquefaction plants (FLNG) at the Nenè and Litchendjili fields – already in production – and at the fields yet to be developed. The first FLNG plant, currently under conversion and with a capacity of 0.6 million tonnes per year (MTPA), will begin production in 2023. The second FLNG plant – already under construction – will become operative in 2025 with a capacity of 2.4 MTPA.

Claudio Descalzi, Eni’s Chief Executive Officer, commented: “Today we celebrate the launch of one of Eni’s main projects, made possible by the collaboration with the Republic of the Congo and destined to significantly contribute to both Italy and Europe’s energy security and industrial competitiveness. This outcome speaks to the importance of long-term collaboration with our African partners at a time when important strategic choices need to be made in regards to future diversification of supply routes and European energy mixes, in the direction of energy accessibility and availability and progressive decarbonisation.”

Eni has been operating in Congo for over 50 years and – to date – is the only company active in the development of its gas resources, guaranteeing 70 percent of national electricity production through the Centrale Electrique du Congo (CEC).

Eni is strongly committed to promoting energy transition in the country. Recently, the Oyo Center of Excellence for Renewable Energy and Energy Efficiency was handed over to the Ministry of Higher Education, Scientific Research and Technological Innovation of the Republic of the Congo, which will manage it together with UNIDO (United Nations Industrial Development Organization). Furthermore, the company is developing agri-feedstock production initiatives destined for biorefining and not in competition with the food supply chain.

For more information visit www.eni.com/en-IT/operations/republic-congo-lng.html

Laxmi development line moves to commercial production after successful trial with Hydra-Cell flow chemistry pumps

Wanner International will announce at CHEMUK that Laxmi Organic Industries, a market leader in the manufacturing of speciality chemicals, has successfully completed a development trial with three Wanner Hydra-Cell flow chemistry pumps to manufacture intermediaries for a number of active pharmaceutical ingredients (API).

The pilot plant will now be upscaled to full production at the company’s Mahad operation in India. Delivering an extremely low pulse flow, the Hydra-Cell pumps will be dosing solvents at a rate of 80-100 litres per hour into the continuous flow reactors at a discharge pressure of 15 bar.

This is important in maximising the efficiency of the process, as it ensures that the concentrations of the various reactants are maintained at an optimum level for consistent manufacture.

The Hydra-Cells have a number of advantages, such as being leak-free, which is especially important when handling highly hazardous chemicals.

The Hydra-Cell pumps also benefit from an advanced mechanical and hydraulic design, with little ancillary equipment required, and high accuracy over a wide flow range.

Wanner’s commitment to research and development, and its strong protection of this IP, has enabled it to evolve its capability and make it ideal for this application. This has wider implications for the whole pharmaceutical industry.

As the pharmaceutical and bio-pharmaceutical industries move from batch to continuous production processing gathers momentum, the Hydra-Cell’s unique technology offers the industry a trusted mechanism for cost-efficiency, consistency and scalability.

The technology team of Laxmi Organic Industries believes, “Manufacturing excellence runs through the DNA of Laxmi and we are constantly looking at ways to improve effectiveness of our production facilities. The Wanner pumps have been very successful in delivering what is needed – in a safe environment, day-in, day-out. As manufacturing chemicals for life sciences demands large scale operations, we are now moving this line into full production.”

Critical for Flow Chemistry and HPLC applications, the Hydra-Cell pumps exceed API 675 performance standards and boasts extremely low pulse flow. This eliminates the need for pulsation dampeners, eliminates pipe strain due to pulsation, delivering an accurate and smooth flow for flow chemistry dosing applications over a large adjustable range of flow rates.

Paul Davis, Wanner International’s Managing Director commented: “The production of modern drugs is a highly complex process, and we want to help customers with their challenges with a process pump that is safe, accurate and reliable in handling difficult and different liquids. We are all faced with changes driven from the need for sustainability and conserving the environment, which forces technology change in equipment design and different use of materials and processes.

“It is a fantastic achievement that Laxmi Organic Industries is improving these processes so quickly, and we are pleased that our pumps have been able to play their part in maximising production output and efficiency.”

Wanner designs and manufactures Hydra-Cell seal-less and packing-free, flow-chemistry, HPLC, transfer, injection, and dosing pumps, helping customers around the world improve their processes by running safe, reliable, and efficient pumping processes whilst lowering energy consumption, servicing and maintenance costs – lowering the total cost of ownership for a more sustainable future.

Wanner will be demonstrating a fully operational Hydra-Cell seal-less and packing-free process pump on stand N46 at CHEMUK (hall 1 of the NEC). Visitors to the stand will see the extremely low pulse MT08 flow chemistry and HPLC pump in action, producing a smooth flow for consistent processes.

For more information visit Hydra-Cell.co.uk/FlowChemistry or www.laxmi.com

Nabors Industries forms strategic alliance with Corva to accelerate digital transformation of the global drilling industry

Corva and Nabors Industries have announced a strategic technology partnership to provide a first-of-its-kind digital and automation offering to the global drilling industry.

Integrating Corva’s industry leading App Store and Dev Center with Nabors’ SmartROS™ universal drilling rig controls and automation system is expected to deliver solutions that rapidly scale process and machine automation, enhance remote project oversight and streamline data exchange and collaboration across any AC rig fleet.

Today’s Myriad Solutions Limit the Scale and Efficiency of Digital and Automated Rig

Solutions Drilling engineers are inundated with redundant digital solutions and rig control systems to run automated well programs. In addition, clear gaps have emerged in the ability to manage communication between office, cloud and edge solutions. Together, Nabors and Corva seek to simplify the execution of automation on any AC rig. E&P companies can now design custom apps and deploy them across their rig fleet, regardless of the rig provider. In turn, drilling contractors can generate new revenues while bringing added value to their customers and crews.

Nabors’ Digital and Automation Platform is Deployable on Any Rig, Regardless of Manufacturer

SmartROS is the platform for the digitisation and automation of drilling processes. With SmartROS, drilling contractors can deploy advanced automation to elevate their people, performance and customers without an expensive rig upgrade. The system is developed for drillers by drillers and can be scaled easily across fleets, regardless of rig and equipment manufacturer. Current deployments of SmartROS include more than 124 Nabors rigs in the Lower 48, Latin America and the Middle East, as well as 15 non-Nabors rigs.

Nabors’ high performance digital infrastructure platform, RigCLOUD, enables edge computing for remote operations. This provides additional flexibility in deploying advisory automation apps to non-SmartROS enabled rigs.

Bringing Rig Controls to Corva’s Industry Leading App Store

Corva features more than 100 Apps and Dashboards that automate, monitor and optimise drilling processes. This revolutionary suite encompasses a number of cutting-edge applications including Predictive Drilling, a state-of-the-art machine learning technology that enhances rotary drilling performance. Leveraging the power of artificial intelligence, Corva’s Predictive Drilling has provided meticulously designed data visualisations to 27,000 wells, covering a staggering 596 million feet. This advanced technology empowers users to streamline drilling processes and unlock unprecedented levels of efficiency. With this game-changing suite of tools, this partnership is set to transform the drilling industry, positioning itself as a trailblazer in the development and implementation of next-generation drilling technologies.

Combining the Best of Both Worlds – Apps and Universal Rig Controls

Using SmartROS, Corva extends rig control and real-time data pipelines from the wellsite to the E&P company’s back office and mobile devices, enabling customers to drill safer and more effectively. Equipped with Nabors Smart Suite of drilling automation products, RigCLOUD Edge infrastructure, and Corva Apps and Dev Center, this integration empowers onsite and remote users to interact, analyse, and collaborate in powerful new ways.

Overall, this exclusive partnership between Corva and Nabors bridges the gap between Edge and Cloud solutions while improving the return on investment for end-users, with no disruption to current workflows, and creates the best of both worlds’ situation for the office and drillers alike.

Management Comments

Ryan Dawson, founder, and CEO of Corva, said: “Through this partnership, Corva and Nabors are creating a unified solution that addresses current industry gaps, touching everyone involved in drilling a well and elevating their experience on the rig or in the office. This collaboration is aimed at providing our customers a new world of possibilities for drilling automation and team communication by pairing best-in-class rig control systems and data pipelines with Corva’s App Store, advanced machine learning and physics-based models, and industry-leading user experience.”

Subodh Saxena, Senior Vice President of Nabors Drilling Solutions, said: “Integrating our universal rig controls and automation system with Corva’s App Store provides the industry a one-stop shop for deploying automation across rig fleets. This creates an unparalleled ecosystem of digital and automation solutions that delivers consistent and repeatable results during the well construction process. In addition, both E&P companies and drilling contractors can standardise on a technology stack that is capital light and empowers them to raise the performance outcomes to the next level across multiple rigs.”

For more information visit www.nabors.com

Exolum commissions two photovoltaic projects for its own energy consumption at its Algeciras and Barcelona facilities

Exolum has commissioned two new photovoltaic projects for its own energy consumption which will enable the company to reduce its emissions and energy costs.

One of these photovoltaic facilities has been built in Exolum’s plant located in Algeciras. The project consists of three phases and, once completed, it will produce useful power for self-consumption of over 220 MWh, thus ensuring the supply of 100 percent renewable energy equivalent to approximately 14 percent of the total power consumed at the facility. Electricity consumption is the main source of the company’s emissions and energy supply from this new renewable solar energy plant will prevent the release of approximately 27 tonnes of CO2 into the atmosphere every year. The final phase for the construction of the photovoltaic project in Algeciras is expected to be completed during the last quarter of 2023.

Exolum is also carrying out the extension of its photovoltaic plant in Barcelona, which will have a final power for self-consumption of 96.63 MWh. The project covers an area of 186 square metres and will prevent the emission of over 13 tonnes of CO2.

Both projects are part of the actions carried out within the reference framework of Good Environmental Practices at Algeciras and Barcelona Ports.

Likewise, the construction of a new photovoltaic plant for self-consumption is planned at its facility in Huelva, in addition to two new solar plants at its facilities in Poblete and Arahal. These projects will make it possible to produce approximately 10 percent of the company’s total energy consumption in Spain with solar energy.

Exolum’s commitment to decarbonisation

The construction and operation of clean energy producing plants is part of Exolum’s sustainability strategy aimed at becoming a zero-emissions company by 2040, in line with the Paris Agreement of December 2015 (COP 21) and the Sustainable Development Goals (SDG).

In this regard, these two new projects represent the reinforcement of the network of solar energy self-consumption plants owned by Exolum. The company also analyses alternatives to continue reducing its emissions, such as the incorporation of new technological developments, the signing of renewable PPAs and the diversification of energy supply sources ensuring they are emission-free.

As part of its commitment to sustainability, the company has invested over 32 million euros in environmental projects in Spain over the last three years, particularly focusing on reducing CO2 emissions and ensuring equipment and facility integrity, as well as the efficiency of its operations to improve environmental protection.

Aiming at strengthening its commitment to renewable energies and the energy transition, reducing emissions and promoting clean and sustainable operations, Exolum is implementing initiatives for the development of eco-fuels, green hydrogen and the circular economy.

For more information visit www.exolum.com/en/

COI welcomes Jim McClellan as their new Director of Sales for Wholesale and Commercial Fuel

Colonial Oil Industries, Inc. welcomes Jim McClellan as their new Director of Sales for Wholesale and Commercial Fuel. In this position, Jim will lead a team of sales professionals to grow Rack and Delivered business, foster relationships with stakeholders and mentor team members to ensure the sales organisation’s efficient operation and success.

Jim McClellan has over two decades of management experience in various industries ranging from aerospace to industrial adhesives and sealants, and industrial lubricants and fuels. Most recently, Jim was with Mansfield Energy where he led a Midwest sales and customer service team through 16 months of continuous growth, while at the same time fostering a competitive and motivational sales atmosphere.

Prior to his time at Mansfield, Jim managed a sales team as well as 15 operating facilities in the Midwest. His sales team accomplished continuous, year over year sales growth, and the operations team led the company with the fewest safety and product integrity incidents for two consecutive years.

Colonial Oil Industries are excited to have Jim onboard and look forward to the many great things Jim will accomplish.

For more information visit www.colonialoilindustries.com