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HES Botlek Tank Terminal to allocate 65% capacity to biofuels by 2026, surpassing strategic targets

HES Botlek Tank Terminal to allocate 65% capacity to biofuels by 2026, surpassing strategic targets

HES Botlek Tank Terminal has secured a new long-term agreement with one of its key customers, resulting in 65 percent of its storage capacity being dedicated to biofuels as of 1 January 2026. The achievement surpasses HBTT's strategic target of 60 percent biofuels by 2028, more than two years ahead…

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Mitsui OSK Lines and LNG Terminal Wilhelmshaven to build and charter an LNG terminal ship

Mitsui OSK Lines and LNG Terminal Wilhelmshaven to build and charter an LNG terminal ship

Japanese marine transport company Mitsui OSK Lines (MOL) and LNG Terminal Wilhelmshaven (LTW), a subsidiary of Düsseldorf-based energy firm Uniper, have signed a contract to build and charter an LNG terminal ship. Uniper described the signing of the contract as an ‘important milestone’ in the development of the site. The…

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Iraqi extension for Petrofac announced

Iraqi extension for Petrofac announced

Petrofac has won a six-month contract extension for its work in Iraq with Basra Oil Co. (BOC). The services company did not disclose the contract value for the Iraq Crude Oil Export Expansion Project (ICOEEP), which went to its Engineering & Production Services (EPS) division. The ICOEEP facility handles around…

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Condensate offered by Libya’s NOC, to ready tanks for crude

Condensate offered by Libya’s NOC, to ready tanks for crude

Tanks at Zawia are being emptied to prepare for potential output resumptions at the 130,000 b/d-capacity El Feel and the 300,000 b/d-capacity El Sharara fields. Libya's state-owned NOC is selling Wafa condensate from storage at the Zawia export terminal “to free up space ahead of a possible production restart at…

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Benchmark crude loadings to slow in North Sea

Benchmark crude loadings to slow in North Sea

Loadings of the North Sea's benchmark crude grades will drop by 3 percent in July, but that will still put them above the 2019 average. Increased loadings of Brent, Forties and Troll will offset a slowdown in loadings of Oseberg and Ekofisk. Combined loadings of Brent, Forties, Oseberg, Ekofisk and…

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Australian LNG project requires over 270 Rotork process control actuators

Australian LNG project requires over 270 Rotork process control actuators

More than 270 Rotork process control actuators have been ordered for an LNG project in Australia. The quarter-turn CVQ electric actuators will operate ball and v-ball valves on separator skids to control the water extraction process at an onshore natural gas production site in the Surat Basin.  The ball valves,…

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Standic on schedule to double capacity with new Antwerp chemical storage terminal

Standic on schedule to double capacity with new Antwerp chemical storage terminal

Dutch tank storage company Standic, (which is part of the family-owned Hametha group), is on schedule to double its total capacity with a new chemical storage terminal in Antwerp. Standic already has a terminal in Dordrecht, the Netherlands, but is now building a new storage terminal in the 5th Haven…

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Marathon Petroleum wins two environmental protection awards

Marathon Petroleum wins two environmental protection awards

Marathon Petroleum Company took two of the top honours at the Benkert Awards. The US Coast Guard presented the environmental protection awards at a virtual ceremony. Each year the Coast Guard receives roughly 10 award applications, each of which is reviewed and scored by a committee. Marathon’s Storage and Logistics…

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Petroecuador launches tender process for new storage tank at La Libertad refinery

Petroecuador launches tender process for new storage tank at La Libertad refinery

Petroecuador, which is Ecuador’s state-owned oil company, is to build and start-up a new storage tank at its 45,000 bbl/d La Libertad refinery – it has already launched a tender process. Tank no.4 will have the capacity to store 50,000 bbl diesel. The new storage tank will help to address…

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Small-scale LNG terminal enters next stage for LOTOS

Small-scale LNG terminal enters next stage for LOTOS

LOTOS Group has announced that the feasibility study for its small-scale LNG terminal in Gdansk has been completed. If LOTOS decides to go ahead with the project, the terminal will be the first of its kind in Poland. Pawel Jan Majewski, President of the Management Board of Grupa LOTOS, said:…

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INE approves tank farm expansion in Dalian, north east China

INE approves tank farm expansion in Dalian, north east China

The expansion of a tank farm in Dalian in north eastern China has been approved by The Shanghai International Energy Exchange (INE), which is an international exchange trading in crude oil, natural gas and petrochemical derivatives. INE said the move is to increase the capacity for crude oil futures and…

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Gastech postponed to September 13-16, 2021

Gastech postponed to September 13-16, 2021

dmg events and the Gastech Governing body, in consultation with Enterprise Singapore and the Singapore Tourism Board, have collectively taken the decision to postpone Gastech. Singapore will host next edition of the Gastech exhibition, which will now take place September 13-16, 2021. Gastech is the world’s largest integrated exhibition and…

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Largest refined products pipeline in the US begins storm and hurricane season preparations

Largest refined products pipeline in the US begins storm and hurricane season preparations

Colonial Pipeline is implementing its seasonal preparedness plans as part of its “commitment to excellence”. As the nation’s largest refined products pipeline, Colonial Pipeline takes proactive measures to ensure the continued safe and reliable operation of its 5,500 mile system.  This includes seasonal preparations Colonial implements on an annual basis,…

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Buckeye gives over $1m in charitable donations

Buckeye gives over $1m in charitable donations

Buckeye Partners LP is making more than $1 million in charitable contributions across the communities in which it operates “to help local non-profits provide long-term support and assist communities impacted by the COVID-19 pandemic”.  Buckeye’s local teams in cities across America and in the Caribbean identified nearly 200 non-profits in…

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‘Hermit investors’ from China have been bidding up the countries only oil futures contract

‘Hermit investors’ from China have been bidding up the countries only oil futures contract

A flood of purchases has come from companies little-known to the oil industry. These have reportedly been bidding up Shanghai futures, China's only oil futures contract, since early April when global oil prices slumped as a result of COVID-19. Now, nearly all existing storage is set to be filled by…

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Diamond Controls’ leak detection services help businesses stay ahead

Diamond Controls’ leak detection services help businesses stay ahead

With options including instant alerts and water isolation, Diamond Controls’ leak detection systems are geared up to accommodate a wide variety of needs, bespoke to the requirements of your premises, it said. “Plus, we only use the best quality products and offer ongoing maintenance too!”, it added.  The company said…

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HOYER Group update presents ‘positive business development’

HOYER Group update presents ‘positive business development’

Logistics company HOYER Group has presented its 2019 annual financial statements. In them, it said it ended to 2019 fiscal year “positively”. It increased turnover to EUR 1.177 billion (previous year: EUR 1.167 billion). The equity ratio remained at the previous year’s level of 44 per cent, while equity capital…

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UKIFDA EXPO 2020 cancelled

UKIFDA EXPO 2020 cancelled

The UK and Ireland Fuel Distributors Association (UKIFDA) have taken the decision to cancel the 2020 exhibition, which was due to take place 18-19 August at the Exhibition Centre, Liverpool. Guy Pulham CEO of UKIFDA said: “Following the publication of the Government’s Plan To Rebuild Strategy, UKIFDA has been working…

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EEMUA welcomes Hungarian bioproducts company Pannonia Bio

EEMUA welcomes Hungarian bioproducts company Pannonia Bio

EEMUA has announced that Pannonia Bio Zrt has become the latest company to join the Association as a Corporate Member.  Pannonia Bio operates a biorefinery in Tolna County, Hungary, “which uses state-of-the-art production processes”, according to EEMUA. “From its beginnings as a bioethanol producer in 2012, the refinery has expanded…

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Dekker Group plans to double storage capacity at the Port of Rotterdam

Dekker Group plans to double storage capacity at the Port of Rotterdam

Dekker Group has announced plans to double the capacity of its tank storage facilities at the Port of Rotterdam. The Netherlands-based storage and logistics provider currently has 67,900 m3 of storage capacity at its Botlek facility in Rotterdam, through its subsidiary Maastank. Now it says that over the next few…

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Longkou Nanshan LNG project construction gets underway

Longkou Nanshan LNG project construction gets underway

PipeChina, (China’s state-owned National Oil and Gas Pipeline Group, which was set up in December 2019) and partner Nanshan Group have broken ground on the 20m t/y Longkou Nanshan LNG terminal project in Yantai City, Shandong Province, China. The first phase is scheduled to be operational by 2023, with a…

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Mammoet lands its biggest ever contract – 42 modules weighing 500,000t

Mammoet lands its biggest ever contract – 42 modules weighing 500,000t

Mammoet has landed its biggest-ever contract for the Arctic LNG 2 project in Murmansk, Russia. Over the course of four years, it will install 42 large modules weighing a combined 500,000t.  Technip-led joint venture NovArctic in cooperation with Saipem and NIPIgas has engaged Mammoet as an unloading, transportation and installation…

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Matrix Service wins new US peak shaving facility contract

Matrix Service wins new US peak shaving facility contract

Matrix Service, a subsidiary of US-based Matrix Service Company, has been awarded an engineering, procurement and construction (EPC) contract for a new peak shaving facility in the western US. Construction is planned to begin in Q3 2020, and the facility is expected to be operational by Q4 2022. Matrix said…

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One of largest cooled propane tanks in Europe enters a new stage for Engicon nv (Geldof)

One of largest cooled propane tanks in Europe enters a new stage for Engicon nv (Geldof)

The construction of one of the largest cooled propane tanks in Europe has entered a new stage, according to Engicon nv (Geldof) Last summer, the consortium of Engicon nv (Geldof) and BAM Contractors nv was appointed to build a fully cooled propane tank in the port of Antwerp, commissioned by…

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Svitzer contract extended with GTI Statia by three years

Svitzer contract extended with GTI Statia by three years

Global towage operator Svitzer, which is part of Maersk, has announced a three-year extension of its marine service contract with GTI Statia (GTIS). GTIS is one of the largest independent crude and refined product storage terminals serving the US Gulf Coast and Caribbean markets. The extension supports GTI Statia’s storage…

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Matrix ‘strategically positions resources’ in order to thrive in today’s market

Matrix ‘strategically positions resources’ in order to thrive in today’s market

Matrix Service has strategically positioned resources “to meet the demands to thrive in this contango market”. It said: “Matrix remains safe, strong, agile, and prepared to deliver the necessary critical storage solutions.” Whether you need to retrofit existing tanks or build new ones, Matrix Service said it is prepared to…

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UK market is in ‘deadlock’ says Wood Mackenzie

UK market is in ‘deadlock’ says Wood Mackenzie

The UK gas balance has reached a deadlock for the summer, according to Wood Mackenzie. It said: “Resilient UK production, Norwegian imports and baseload LNG imports are overwhelming the market with supply. And with lockdown placing huge pressure on electricity and fuel markets, demand will be weak throughout the summer.”…

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