Storage
Vopak Energy Park Antwerp starts market consultation for ammonia storage
Vopak is launching a market consultation for the storage of ammonia at its Vopak Energy Park Antwerp site in Belgium. The market consultation aims to gauge market interest and to gather detailed insight into customer demand. Vopak Energy Park Antwerp intends to finish the currently ongoing pre-FEED study by the end of 2024. Subject to market interest and a positive FID the start of operations is currently foreseen in 2029.
China's surplus crude oil hits nearly 1 MMbpd for September
The weak position of China's crude oil sector was underlined by September data showing a sixth consecutive monthly drop in refinery processing, leading to nearly 1 MMbpd of oil being available for storage.
Singapore marine fuel sales down for second month in Sept., though biofuels climb
Sales of marine bunker fuel at Singapore eased for a second consecutive month in September, though marine biofuel sales surged to a fresh record high.
CB&I awarded contract by Saipem Clough JV for Perdaman project in Western Australia
CB&I has been awarded a lump sum contract by the Saipem Clough JV for engineering, procurement and construction of ammonia storage and other process tanks for the Perdaman Chemicals and Fertilisers Urea Plant located on the Burrup Peninsula, Western Australia.
Consortium to purchase CB&I from McDermott
A consortium led by Mason Capital Management announced that it has entered into a definitive agreement to acquire the CB&I storage solutions business from McDermott International, Ltd.
Shell, Equinor, TotalEnergies open Norwegian CO2 storage facility
Shell, Equinor and TotalEnergies said on Thursday their carbon dioxide (CO2) storage project on Norway's west coast is now completed and ready to receive CO2, with its first deliveries expected next year.
TankMatch and Evos team up to launch green methanol bunkering solutions
TankMatch, a leading barge operator, and Evos, a top-tier independent liquid bulk storage provider, have announced a dynamic new partnership aimed at delivering cutting-edge methanol bunkering solutions across the Amsterdam–Rotterdam–Antwerp (ARA) region.
U.S. offers $1.56-B conditional loan for Indiana ammonia facility
The U.S. Department of Energy (DOE) has made a conditional loan guarantee of up to $1.56 B to Wabash Valley Resources to help build a low-emissions ammonia production facility in Indiana.
Ineos to cease refinery operations at Grangemouth
Petroineos has announced its intention to cease refinery operations at Grangemouth and transition to a finished fuels import terminal and distribution hub during Q2 2025.
Case study: Developing mildew-resistant coatings on ethanol tanks
Scientists from the authors’ company determined how best to combat persistent black mildew on aboveground storage tanks by first using a novel strategy to identify it. This discovery led to the identification of coating formulations with superior capacity to prevent mildew growth. The scientists proved the performance of the coatings by conducting field tests involving painting sample patches onto an ethanol storage tank.
- Shell Aviation, Accenture, and Amex GBT expand Avelia into a multi-supplier SAF solution 7/16
- ORLEN and Krajowa Grupa Spożywcza sign MoU to accelerate biomethane production in Poland 7/16
- New plants, U.S. trade worries to drive China's 2025 naphtha imports to record 7/16
- Blue Water significantly reduces CO2 emissions by switching to HVO in port operations 7/16
- Swire Shipping launches new carbon insetting program – ‘Voyage to Zero’ 7/16
- China's surplus crude oil surges in June, giving refiners options 7/16
