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The February issue of Hydrocarbon Engineering 2026 begins with Contributing Editor, Nancy Yamaguchi, considering how oil is distributed across the Australasian market and dynamics between the territories in the Southwest Pacific. Further articles offer exploration and technical discussion on compressors, turbomachinery, gas processing, sulfur, safety, cybersecurity, and many more.

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Home/News/Tanks & terminals

Tanks & terminals News

Browse the latest tanks & terminals news and articles.

A Europe-wide CO2 market can reduce storage costs by 20%
6 Dec 2024

A Europe-wide CO2 market can reduce storage costs by 20%

The Carbon Capture and Storage Association (CCSA), the leading CCUS trade association in Europe, has released the report “Accelerating a Europe-wide CO2 storage market”.

Mercantile & Maritime Group launches Middle East’s largest biofuel facility
7 Nov 2024

Mercantile & Maritime Group launches Middle East’s largest biofuel facility

Glenfarne Energy Transition’s Texas LNG appoints Kiewit as EPC contractor
5 Nov 2024

Glenfarne Energy Transition’s Texas LNG appoints Kiewit as EPC contractor

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Vopak Energy Park Antwerp starts market consultation for ammonia storage
25 Oct 2024

Vopak Energy Park Antwerp starts market consultation for ammonia storage

The market consultation aims to gauge market interest and to gather detailed insight into customer demand.

I Squared Announces Acquisition of Philippines Coastal Terminal in Subic Bay
25 Oct 2024

I Squared Announces Acquisition of Philippines Coastal Terminal in Subic Bay

I Squared Capital has announced that it has entered into an agreement to acquire Philippines Coastal Storage and Pipeline Corp. and its affiliate entities.

Trafigura and Meroil S.A. create a joint venture company
25 Oct 2024
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Trafigura and Meroil S.A. create a joint venture company

Trafigura has completed the acquisition of 50% of the shares in Meroil Tank S.L. (Meroil Tank) from the oil operator Meroil S.A., for an undisclosed sum, following the receipt of the applicable regulatory approvals.

Wood to deliver front-end engineering design for Singapore LNG expansion
24 Oct 2024

Wood to deliver front-end engineering design for Singapore LNG expansion

Wood has been awarded the front-end engineering design (FEED) contract for the development of Singapore’s second LNG terminal by Singapore LNG Corp. (SLNG).

Wärtsilä Gas Solutions reliquefaction system to improve Excelerate Energy’s FSRU operations
23 Sept 2024

Wärtsilä Gas Solutions reliquefaction system to improve Excelerate Energy’s FSRU operations

Wärtsilä Gas Solutions will supply reliquefaction systems for retrofit installation onboard FSRUs owned by Excelerate Energy.

ExxonMobil Basestocks expands UK presence with new supply terminal in Dagenham
16 Sept 2024

ExxonMobil Basestocks expands UK presence with new supply terminal in Dagenham

ExxonMobil Basestocks is expanding its service to better meet customer demand for Group I, Group II and Group II+ products by opening a new supply terminal in Dagenham, UK.

Natural gas storage injections remain low
26 Jul 2024

Natural gas storage injections remain low

Natural gas storage injections have remained below the five-year average so far for the 2024 summer.

Exolum acquires 50% of ammonia and NGL terminal in Houston
14 Dec 2023

Exolum acquires 50% of ammonia and NGL terminal in Houston

Exolum has signed an agreement to establish a key presence in the US Gulf Coast with existing ammonia logistics infrastructure via purchasing a 50% interest in Vopak Moda Houston LLC, Texas, US.

New energy terminal begins development under VTTI and Höegh LNG
11 Dec 2023

New energy terminal begins development under VTTI and Höegh LNG

VTTI and Höegh LNG have signed an agreement to jointly develop an energy terminal in Zeeland, the Netherlands, which will be based on a FSRU.

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