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The Autumn issue of Tanks & Terminals opens with Ng Weng Hoong’s discussion of how the latest developments in the Middle East are affecting storage and stockpiling plans across Asia and Australasia. Further articles discuss a variety of features such as safety and security, digitalisation and cybersecurity, tank gauging and flow control, sustainability, and much more.

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Home/News/Storage tanks

Storage tanks News

Browse the latest storage tanks news and articles.

New agreement clears way for Europe’s first trial of CO2 storage in the North Sea
3 Oct 20223 min read

New agreement clears way for Europe’s first trial of CO2 storage in the North Sea

Representatives from the Belgian and Danish governments have signed an agreement to enable captured CO2 to be shipped across their borders to be permanently stored in a sandstone reservoir 1800 m beneath the seabed of the Danish North Sea.

SSAB, LKAB and Vattenfall's pilot facility for hydrogen storage up and running
22 Sept 20223 min read

SSAB, LKAB and Vattenfall's pilot facility for hydrogen storage up and running

SSAB, LKAB and Vattenfall's HYBRIT pilot facility for the storage of fossil-free hydrogen gas is now in operation in Luleå, Sweden.

Chart Industries and C.A.T. Group ink MoU
20 Sept 20221 min read

Chart Industries and C.A.T. Group ink MoU

Chart Industries Inc. and C.A.T. Group have signed a Memorandum of Understanding (MoU) to bring carbon capture solutions to customers in the Middle East and Africa.

McDermott awarded FEED contract from Gunvor Petroleum
7 Sept 20222 min read

McDermott awarded FEED contract from Gunvor Petroleum

McDermott, together with its storage business, CB&I, has been awarded a FEED contract from Gunvor Petroleum Rotterdam B.V. for a green hydrogen import terminal project.

Wood Mackenzie predicts European gas demand will continue to fall
2 Sept 20223 min read

Wood Mackenzie predicts European gas demand will continue to fall

High natural gas prices will continue to drive down European demand to 7% below the five-year average through March, leaving a best-case scenario of storage levels at 31% at winter’s end, reports Wood Mackenzie.

NWHA: action required to support the hydrogen storage sector
17 Aug 20223 min read

NWHA: action required to support the hydrogen storage sector

NWHA is urging the UK government to accelerate its plan for hydrogen storage business models, arguing that greater focus on the distribution and storage infrastructure is required to deliver hydrogen at scale.

AFPM: Inflation Reduction Act falls short
12 Aug 20223 min read

AFPM: Inflation Reduction Act falls short

The House of Representatives is set to take up the Inflation Reduction Act of 2022 that covers tax, energy, climate and other issues that impact the refining and petrochemical industries. After careful review, AFPM opposes this legislation.

CapturePoint Solutions announces intended partnership with Energy Transfer
5 Aug 20223 min read

CapturePoint Solutions announces intended partnership with Energy Transfer

CapturePoint Solutions (CPS) has signed a Letter of Intent (LOI) with a wholly-owned subsidiary of Energy Transfer to participate in a feasibility study to capture CO2 emissions from Haynesville Shale natural gas production facilities.

Disparity in natural gas storage levels across the US
2 Aug 20222 min read

Disparity in natural gas storage levels across the US

Although total natural gas storage inventories in California, US, are 4% higher than they were one year ago, storage operation and capacity utilisation vary significantly by region.

Global energy storage market to reach 500 GW by 2031
1 Aug 20223 min read

Global energy storage market to reach 500 GW by 2031

Wood Mackenzie reports that market growth has staggered for global energy storage, with cumulative storage deployments expected to reach 500 GW by 2031.

Uniper's planned hydrogen pilot project to receive funding
26 Jul 20223 min read

Uniper's planned hydrogen pilot project to receive funding

The €2.375 million for Uniper's planned hydrogen pilot project at the Krummhoern natural gas storage site in Germany will be used to research how the gas can be stored and how equipment and materials react to hydrogen.

Shell USA and SHLX reach a definitive merger agreement
26 Jul 20222 min read

Shell USA and SHLX reach a definitive merger agreement

Shell USA will acquire all of the common units representing limited partner interests in SHLX held by the public. SHLX’s assets include interests in entities that own crude oil and refined products pipelines and terminals, as well as storage tanks.

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