Wood appointed integrated services partner for Centrica Storage
Wood has been appointed integrated services partner by Centrica Storage for the company’s UK Southern North Sea operations.
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Update on the restart of Freeport LNG's liquefaction facility
As of 14 November 2022, the reconstruction work necessary to commence initial operations, including utilisation of all three liquefaction trains, two LNG storage tanks and one dock, was approximately 90% complete.
AFPM: why banning exports and withholding US product is a lose-lose
In a recent blog post, the AFPM discusses the issues of refined product exports and minimum product inventories.
Crude oil sold from US SPR
The EIA reports that as much as 15 million bbl of crude oil has been sold from the US Strategic Petroleum Reserve (SPR).
Gerotto strengthens its Australasian footprint
Gerotto has provided exclusive distribution rights to KOR, an Australia and New Zealand-based company that manufactures and distributes equipment through OEM companies, such as Cappellotto and Schwarze Industries.
Oil and gas industry to drive global drone market
The global drone market is set to grow from US$13.7 billion in 2021 to US$89.6 billion in 2030, aided by significant adoption in the oil and gas industry.
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.
More Storage tanks news
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
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
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
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
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
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
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
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.