Storage tanks

Advario, a global partner in liquid storage logistics, has launched its new company name and brand.

Zenith Energy, a global operator of independent liquid storage terminals, will offset approximately 7500 tpy of CO2 emissions from its West Coast operations in the US, through the purchase of carbon offsets for 2021 and 2022.

Increased heating demand for natural gas this past winter resulted in more withdrawals from US natural gas storage than normal, reports the US Energy Information Administration (EIA).

The EIA's Petroleum Supply Monthly now reports inventories of hydrocarbon gas liquids that include volumes of ethane, propane, normal butane, isobutane, and natural gasoline at end user storage facilities.

The AFPM has released a statement in response to the Biden Administration’s decision to release crude oil from the US Strategic Petroleum Reserve.

McDermott's storage business, CB&I, will design and build two 500 000 gal. double-wall liquid hydrogen spheres for Plug Power Inc.'s new green hydrogen production facility in Genesee County, US.

EXMAR has reached an agreement for a 5-year charter for the employment of its FSRU S188 with GASUNIE LNG Holdings BV.

Stolthaven Terminals and the Pecém Industrial and Port Complex have announced the signing of an MoU for the study of a new storage terminal in Pecém Port, Brazil.

According to GlobalData, China is expected to dominate the liquids storage capacity growth in Asia, contributing about 53% of the total capacity growth from 2022 – 2026.

Tecam will be showcasing its environmental technology for vent gas treatment as well as for vapour recovery for the tank storage industry in Europe.

GlobalData has forecasted that Asia is set to spearhead global liquids storage capacity additions, contributing approximately 61% of the total global capacity additions from 2022 to 2026.

The US Department of Energy has released 30 million bbl of crude oil from the US Strategic Petroleum Reserve to ensure an adequate supply of petroleum in response to Russia’s further invasion of Ukraine.

The IEA Governing Board has confirmed that IEA Member Countries have released 61.7 million bbl of oil stocks.

Wood Mackenzie analyses the risks to commodities and corporate exposure, as well as the wider economic fallout of Russia’s invasion of Ukraine.

RACQ LifeFlight Rescue crews in Brisbane, Australia, have opened the pumps on a new fuel storage and management facility that has been custom-built by fuel supplier, IOR.