Gas storage news

Higher oil and gas prices are certain as the closure of the Strait of Hormuz threatens to disrupt 15% of global oil supply and 20% of global LNG supply if tanker flows are not quickly restored, according to Wood Mackenzie.

Baker Hughes and Vallourec have signed an agreement to advance hydrogen storage solutions for the green hydrogen market.

The Tank Storage Association has officially launched its 2026 Careers Week campaign, an initiative aimed at showcasing career and apprenticeship opportunities in the bulk storage and energy infrastructure sector.

Worley has been awarded a contract by Samsung C&T Corp. to deliver detailed engineering services for the QatarEnergy LNG Carbon Dioxide Sequestration Project in Qatar.

YPF, Eni, and XRG have announced they have signed a binding joint development agreement to advance Argentina LNG.

Provaris Energy has announced it has entered into a MoU with Himile to assess fabrication of and costs of proprietary LCO2 tanks at Himile’s manufacturing site in Rushan, China.

Denso, Inc. has highlighted its Viscotaq Precast Structure Sealing System, engineered to deliver a watertight, flexible seal designed to stop liquid, gas, and contaminant infiltration in precast concrete and manhole assemblies.

Gerotto has signed an exclusive distribution agreement with Derc Salotech for the sale of magnetic robots In Italy for cleaning vertical walls of tanks, ships, and metal structures.

LBC and Duisport have announced the signing of an MoU for the intention to initiate a joint development of a new inland ammonia and CO2 terminal in Duisburg, Germany.

OCI Global has announced that it has reached an agreement for the sale of 100% of its equity interests in OCI Ammonia Holding to AGROFERT for a total consideration of €290 million.