· Rubis Terminal Infra (from now on, Rubis Terminal) communicated its ambitious goals to positively impact the planet and society, through a strategy that aims to reduce the impact generated by fossil fuels. · Rubis Terminal is committed to a decarbonization strategy with measurable targets for 2025 and 2030. · The sustainability report describes Rubis [...]
The capacity of a planned off-shore gas storage facility will be doubled owing to growing interest in gas imports from neighbouring countries, the climate minister has announced. Anna Moskwa told an international congress in the eastern city of Lublin that capacity at the Floating Storage and Regasification Unit (FSRU), which will be located in the [...]
The Port of Rotterdam could supply 4.6 million mt/year of hydrogen to Europe by 2030 from local production and imports, it said May 10. That would be a substantial share of the 20 million mt/year of European production and imports the EU targeted by 2030 under its recent REPowerEU package. The figure was based on [...]
Odfjell is constructing a new tank bay at Odfjell Terminal Houston (OTH), continuing to expand and invest in its terminals platform to support ongoing regional growth in the chemical industry. The company is investing in and expanding its terminals platform with the addition of a new, modern, automated tank bay. Bay 13 at Odfjell Terminals [...]
The Port of Rotterdam Authority and the municipality of Rotterdam have commenced studies at various terminals at the port to introduce shore-based power to the container, cruise and liquid bulk sectors. Hutchison Ports ECT Rotterdam (ECT), APM Terminals (APMT) Maasvlakte II, Vopack and Cruiseport Rotterdam terminals are all closely involved in the studies. The findings [...]
Dutch oil and chemical storage company Vopak reported on Friday a profit beat for the three months to September but lowered its full-year guidance for growth investments. The group, which runs tank terminals worldwide, said its growth investments should reach about 275 million euros ($314.57 million) in 2021, down from the range of 300 million [...]
In the Port of Rotterdam, the first companies are busily preparing for the storage, processing and transit of hydrogen: a promising energy carrier that will allow companies to make the transition to climate neutrality. Tank terminals at Europoort This is one of the findings of a study conducted by the Port Authority into the development [...]
Terminal owner VTTI is to close its bitumen-producing ATPC refinery in Antwerp, Belgium, stoking concerns about supply of the road-paving product after a string of recent capacity terminations. Trading firm Vitol, which supplies feedstocks to and markets bitumen from the refinery, said today it had been “notified by VTTI of its intention to close [...]
Monitoring oil demand will be much more important than ever, after the Organization of the Petroleum Exporting Countries and its allies, together known as OPEC+, on Monday kept their current agreement to gradually raise their production of crude oil. The decision led to a rally in oil prices to multiyear highs as traders anticipate that [...]
LNG import terminals, to be built in 12-15 months, will help cope with gas crisis Pakistan is all set to install two more liquefied natural gas (LNG) import terminals over the next 12-15 months to deal with the ballooning gas crisis after the government approved connection of the terminals with transmission and distribution network from [...]
