Storage tanks

Parkland Fuel Corp. has entered into an agreement to acquire Tropic Oil Co., adding a third US regional operating centre to its portfolio.

The US Federal Energy Regulatory Commission has accepted Commonwealth LNG’s filing application for its Gulf of Mexico project.

GlobalData has reported that Asia will hold a 43% share of new-build liquids storage capacity by 2023.

Tank Storage Asia will host over 60 of the sector’s most cutting-edge businesses when it returns to Singapore’s Marina Bay Sands Expo & Convention Centre this month.

Over the last three years CLH has invested almost €23 million in RDI projects to enhance the efficiency and quality of its services.

The report reveals that a wave of new refinery capacity is expected to negatively affect global hub refining utilisation as early as 2022.

Stena Oil has announced plans to expand its low sulfur marine fuel storage capacity in the Port of Gothenburg as well as boosting its delivery capabilities.

New project with US Department of Energy's National Renewable Energy Laboratory to convert renewable electricity into renewable methane for storage in existing natural gas pipelines.

The European residential storage market deployment base is expected to grow five-fold to 6.6 GWh by 2024, according to new research from Wood Mackenzie.

PJ Valves has been awarded three FPSO valve contracts for projects in Brazil, Mexico and Nigeria

Re-Gen Robotics has committed £1 million to new tank cleaning robot and an ADR certified jet/vac tanker.

Pin Oak has announced that it has made interconnection agreements to EPIC and Red Oak pipelines, and begun construction on its Taft oil trading terminal.

Scanjet Systems has released a new version of the Scanjet Tank Cleaning Simulator software.

NuStar Energy has completed the US$250 million sale of its St. Eustatius oil storage terminal to Prostar Capital.

MAN Energy Solutions, Hydrogenious LOHC Technologies and Frames Group B.V. have signed a cooperation agreement to jointly design and build large scale hydrogen storage systems based on Liquid Organic Hydrogen Carrier (LOHC) technology.