Storage tanks

Japan Organization for Metals and Energy Security (JOGMEC) has announced that their crude oil storage, throughput, and tank lease agreement with Aramco has been renewed in Okinawa, Japan.

Working natural gas in storage in the Lower 48 states ended the natural gas refill season with more than 3900 billion ft3, according to estimates based on data from the EIA’s Weekly Natural Gas Storage Report.

A new SIAS Level 2 Diploma in bulk storage operations has officially launched, marking a step forward in professional standards, safety and career development across the bulk storage sector.

TMC Compressors (TMC) has been awarded a contract to supply a large capacity marine compressed air system to MODEC’s newbuild FPSO Gato do Mato.

Emerson has announced the release of the Rosemount™ 2405 Monitoring Hub, a device that delivers full inventory control and monitoring of multiple storage tanks.

The British Columbia Utilities Commission has approved FortisBC Energy Inc.’s application for the Tilbury LNG storage expansion project, Canada.

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.

EnergyPathways is set to submit new hydrogen and natural gas storage licence applications in the East Irish Sea to support the MESH Project.

Provaris has established a robotics innovation centre in Norway to accelerate the development and testing of its hydrogen prototype tank.

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.