The IGU has released its Underground Gas Storage – A Critical Pillar for Energy Security report, using data from the IGU’s members’ database and highlighting the role of gas storage as a pillar of the future energy system.
The EU’s carbon storage targets face a significant shortfall, with expected available injection capacity by 2030 falling well below the required 50 million tpy, according to new Wood Mackenzie analysis.
Hempel has launched Hempaline Defend 430, a tank lining created to help energy operators boost efficiency, minimise downtime, and extend maintenance intervals.
ClassNK has issued an approval in principle (AiP) for a methanol fuel tank design concept developed by SRC Group, which demonstrates its feasibility from regulatory and safety perspectives.
FourPoint Resources has announced an agreement with Energy Transfer to expand the Price River Terminal in Wellington, Utah, US, doubling the terminal’s export capacity.
Snam has signed an agreement with Higas to initiate a period of exclusive assessment and negotiation regarding the potential acquisition of the company’s share capital, as well as the expansion and conversion of the current coastal storage facility into a FSRU.
The US EIA estimates crude oil inventories in China increased by about 900 000 bpd between January and August 2025, essentially acting as a source of demand by removing barrels from the global markets.
Advario has announced that the Keppel-led consortium have been appointed by the EMA and the MPA of Singapore to proceed to the next phase of Singapore’s ammonia power generation and bunkering project on Jurong Island.
Woodside has signed an LNG heads of agreement (HoA) to supply BOTAS with 5.8 billion m3 natural gas equivalent of LNG for up to nine years starting in 2030.
Quantem has officially opened its expanded Pelican Point Terminal in Adelaide, Australia, following a AUS$52 million project to add 90 000 m3 of new diesel storage capacity at the site.
NERSA has approved the application by Cape Ocean Terminals to construct a petroleum storage facility and a pipeline connecting it to Berth 104 at the Port of Saldanha, Western Cape, South Africa.
OMV Petrom is expanding its activity in the bitumen field, through two strategic partnerships with Romanian companies, aimed at expanding storage capacity for bitumen and to produce polymer modified bitumen.