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Storage

China's surplus crude oil hits nearly 1 MMbpd for September

The weak position of China's crude oil sector was underlined by September data showing a sixth consecutive monthly drop in refinery processing, leading to nearly 1 MMbpd of oil being available for storage.

Singapore marine fuel sales down for second month in Sept., though biofuels climb

Sales of marine bunker fuel at Singapore eased for a second consecutive month in September, though marine biofuel sales surged to a fresh record high.

CB&I awarded contract by Saipem Clough JV for Perdaman project in Western Australia

CB&I has been awarded a lump sum contract by the Saipem Clough JV for engineering, procurement and construction of ammonia storage and other process tanks for the Perdaman Chemicals and Fertilisers Urea Plant located on the Burrup Peninsula, Western Australia.

Consortium to purchase CB&I from McDermott

A consortium led by Mason Capital Management announced that it has entered into a definitive agreement to acquire the CB&I storage solutions business from McDermott International, Ltd.

Shell, Equinor, TotalEnergies open Norwegian CO2 storage facility

Shell, Equinor and TotalEnergies said on Thursday their carbon dioxide (CO2) storage project on Norway's west coast is now completed and ready to receive CO2, with its first deliveries expected next year.

TankMatch and Evos team up to launch green methanol bunkering solutions

TankMatch, a leading barge operator, and Evos, a top-tier independent liquid bulk storage provider, have announced a dynamic new partnership aimed at delivering cutting-edge methanol bunkering solutions across the Amsterdam–Rotterdam–Antwerp (ARA) region.

U.S. offers $1.56-B conditional loan for Indiana ammonia facility

The U.S. Department of Energy (DOE) has made a conditional loan guarantee of up to $1.56 B to Wabash Valley Resources to help build a low-emissions ammonia production facility in Indiana.

Ineos to cease refinery operations at Grangemouth

Petroineos has announced its intention to cease refinery operations at Grangemouth and transition to a finished fuels import terminal and distribution hub during Q2 2025.

Case study: Developing mildew-resistant coatings on ethanol tanks

Sherwin-Williams Global Supply Chain: Hair, J.  |  Rook, T.

Scientists from the authors’ company determined how best to combat persistent black mildew on aboveground storage tanks by first using a novel strategy to identify it. This discovery led to the identification of coating formulations with superior capacity to prevent mildew growth. The scientists proved the performance of the coatings by conducting field tests involving painting sample patches onto an ethanol storage tank. 

Shutdown and startup of an amine system

Phillips 66 Bayway Refinery: Stavros, J.  |  Taylor, J.

A smooth startup of an amine system begins with properly taking the system out of service.

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