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China’s INE increases futures storage capacity in Dalian
The Shanghai International Energy Exchange (INE) in China, an international exchange trading in crude oil, natural gas and petrochemical derivatives,...
TSA cautiously welcomes new UK Global Tariff
The UK’s Tank Storage Association (TSA) has ‘cautiously welcomed’ the UK government’s new UK Global Tariff (UKGT), which was published...
CLH Group invests €5m in energy-efficient LED lighting
International petroleum and storage company CLH Group has invested €5m to upgrade the lighting systems at its 39 storage facilities...
Construction starts on 20m t/y Longkou Nanshan LNG project
China’s state-owned National Oil and Gas Pipeline Group (PipeChina) and partner Nanshan Group have broken ground on the 20m t/y...
Oiltanking reports ‘good’ year-end profits for 2019
German-based tank storage logistics provider Oiltanking, part of the Marquard and Bahls Group, has reported ‘good’ year-end profits for 2019....
FETSA’s commitment to local communities
The footprint of a tank terminal in a local community can be substantial. Safety and environmental concerns are regular features...
Hydrogen central to oil & gas industry decarbonisation
A new report reveals that hydrogen has surged up the priority list of many oil and gas organisations, taking a...
Bangladesh to double its fossil fuel imports in a decade
Bangladesh is expected to double its fossil fuel imports to 32 million tonnes of oil equivalent (Mtoe) between 2020 and...
FETSA consulted on strategic storage
Part of the new FETSA strategy was to become a credible and pro-active voice in EU policy making with an...
Dutch and German storage associations form cooperation
German independent tank storage association UTV has decided to enlarge its service and product portfolio for its members and intends...
FETSA to participate in EU hydrogen partnership
The European Commission wants to create new supply chains for a ‘cleaner’ economy. It wants to collaborate in alliances with...
The importance of working together
RB: We seem to be in a new era of great power competition leading to isolationist and protectionist tendencies; rather...
Latest Issue
Volume 16, Issue 3, OUT NOW.
- Floating storage: the new normal?
Latest analysis on the rapid expansion of global floating storage and changes to trade flows in the wake of the COVID-19 pandemic
- The award winners
Read why these companies are leading the way in safety, innovation & sustainability
- Tank Shortage 2020
With dramatic demand drops amid worldwide COVID-19 quarantines, we take a closer look at the impact it’s having on the US market