LBC secure subsidy to develop terminal
LBC Vlissingen has been awarded a €6.6 million subsidy to further develop its terminal in Zeeland, the Netherlands.
Tanks & terminals
See below for the latest news covering the oil, gas and petrochemical storage sector.
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Gerotto announces partnership with Derc Salotech
Gerotto has signed an exclusive distribution agreement with Derc Salotech for the sale of magnetic robots In Italy for cleaning vertical walls of tanks, ships, and metal structures.
JCEDF hosts groundbreaking ceremony for BWC Terminals’ new facility
Jackson County Economic Development Foundation (JCEDF) has hosted a groundbreaking ceremony for BWC Terminals’ new facility in Pascagoula, Mississippi, US, which will receive, store, and deliver petroleum products.
VTTI commissions new bitumen facility
VTTI has announced the commissioning of its new bitumen facility at VTTI Malaysia (ATB) – marking another milestone in VTTI’s continued growth and investment in Asia.
LBC and Duisport to develop ammonia and CO2 terminal
LBC and Duisport have announced the signing of an MoU for the intention to initiate a joint development of a new inland ammonia and CO2 terminal in Duisburg, Germany.
HES Botlek Tank Terminal expands biofuels capacity
HES Botlek Tank Terminal (HBTT) has agreed on a new long-term agreement with one of its key customers, resulting in 65% of its storage capacity being dedicated to biofuels as of 1 January 2026.
OCI Global announces sale of OCI Ammonia Holding to AGROFERT
OCI Global has announced that it has reached an agreement for the sale of 100% of its equity interests in OCI Ammonia Holding to AGROFERT for a total consideration of €290 million.
More Tanks & terminals news
Suez Canal Authority and Ministry of Petroleum ink LNG station deal
Egypt’s Suez Canal Authority and Ministry of Petroleum have signed a memorandum of understanding to advance the development of an LNG liquefaction and bunkering station in El-Raswa, Port Said.
DIALOG announces expansion of Pengerang Deepwater Terminals
DIALOG Group has announced the expansion of Phase 3 of the Pengerang Deepwater Terminals (PDT) in Pengerang, Johor, southeastern Malaysia.
Glenfarne and Baker Hughes to advance Alaska LNG
Alaska LNG, majority owned and developed by Glenfarne Alaska LNG, LLC (Glenfarne), and Baker Hughes have announced a strategic alliance to advance the Alaska LNG Project, US.
US natural gas inventories enter winter at similar level to 2024, the most since 2016
Working natural gas in storage in the Lower 48 states ended the natural gas refill season with more than 3900 billion ft3, according to estimates based on data from the EIA’s Weekly Natural Gas Storage Report.
SIAS, TSA and Reynolds Training launch new SIAS Level 2 Diploma in bulk storage operations
A new SIAS Level 2 Diploma in bulk storage operations has officially launched, marking a step forward in professional standards, safety and career development across the bulk storage sector.
Europe’s LNG buildout slows amid anticipated decline in gas demand
Europe’s construction of LNG import terminals is losing momentum, indicating that countries across the continent overestimated future gas demand, the IEEFA has reported.
Brazil is expanding its LNG import infrastructure
Companies operating in Brazil have expanded the country’s LNG regasification infrastructure since 2020, more than doubling its import capacity, the EIA has reported.
Ottco and Royal Vopak sign agreement for SEZAD
Oman Tank Terminal Co. (OTTCO), a subsidiary of OQ Group, and Royal Vopak have signed a shareholder agreement to establish a new company in the Special Economic Zone at Duqm, Oman (SEZAD).