skip to Main Content
Breaking News

New Fortress Energy’s Mauritania MoU

New Fortress Energy Inc (NFE) has announced the execution of a Memorandum of Understanding (MoU) with the Islamic Republic of Mauritania for the development of an Energy Hub, including natural gas, power, LNG, and blue ammonia, utilising existing offshore gas reserves off the coast of Mauritania. Under the MoU, NFE will deploy its Fast LNG liquefaction technology to produce LNG in the Atlantic coastal basin offshore Mauritania for local gas and power markets as well as international exports. NFE will supply natural gas to both the existing 180 MW Somolec Power Plant and a new 120 MW combined cycle power plant that will be developed. “The production of LNG from these fields with our Fast LNG liquefiers will help accelerate the global transition to... > read more

Matrix Service Company Awarded Contract

The Chemours Company has awarded Matrix PDM Engineering, which is a Matrix Service Company, the Front-End Engineering Design (FEED) and detail design engineering for an industrial project at its Washington Works, West Virginia facility. The project is the first to be awarded under a recently signed Master Service Agreement. “We are pleased to have selected Matrix PDM Engineering for this critical project work,” said Mark A Cotugno, global procurement director, Enterprise Capital for Chemours. “Their strong team, well-aligned execution plan, and common core values were key to their selection.” Products produced at Chemours Washington Works facility — the company’s largest Advanced Performance Materials manufacturing site — support the continued safety and growth of the construction, semiconductor, automotive, aerospace, and household goods industries, among others... > read more

Saulsbury Awarded Expansion Projects

Saulsbury Industries, a national, full-service EPC company, has been awarded construction contracts for the installation of a new cryogenic gas processing facility in the Permian Basin with a major oil and gas producer. This facility, designed with a base-rated capacity of 200 MMSCFD, will be Saulsbury’s 63rd cryogenic processing facility over the last 15 years, totaling over 11 BCFD of processing capacity. In conjunction, Saulsbury has also been selected to execute a major terminal expansion for the same client at a different location. Saulsbury will be responsible for the turnkey construction of the processing facility that will include molecular sieve dehydration, cryogenic gas processing, refrigeration, residue gas compression, and all balance of plant equipment, utilities, electrical, instrumentation, and controls infrastructure... > read more

McDermott/CSIRO Advanced Technologies

McDermott International and the Commonwealth Scientific and Industrial Research Organization (CSIRO), Australia's premier national science organization, are evaluating technical and commercial opportunities for the deployment of CSIRO's carbon capture technologies for energy and heavy industry applications. McDermott's expansive experience comes with four decades and over 200 successful carbon capture and carbon separation projects, applying technologies with low-carbon delivery potential and global deployment. A powerful collaboration has been established between these two organizations, highlighting McDermott's commitment to an integrated delivery approach to energy transition... > read more

Conti Eyes Transition Opportunity For US Gulf

Thierry Conti, senior vice president of subsea commercial and strategy for TechnipFMC, listened when opportunity knocked more than a decade ago, resulting in a wealth of experience he has since earned in different roles across the energy sector. Conti started his professional journey as an intern at Fortis Bank in 2007, when he was a student at Ecole Centrale Nantes pursuing his master’s degree in engineering. “In parallel, I also majored in finance at the same university,” Conti tells Upstream, adding that he also was considering a career in investment banking. True to engineering form, Conti tested both and “after a little bit of experience… and the financial crisis period in 2008 and 2009”, he started work at TechnipFMC... > read more
Top three featured articles of the week
Shale Drillers Target Eagle Ford

Shale Drillers Target Eagle Ford

The Eagle Ford shale in South Texas, long overlooked compared to its larger cousin the Permian basin, saw its biggest one-week...
> read more
ExxonMobil Announces Net Zero Goals

ExxonMobil Announces Net Zero Goals

ExxonMobil has announced its ambition to achieve net zero greenhouse gas (GHG) emissions for operated assets by 2050, backed...
> read more
USD’s Five-Year Ethanol Customer Renewal

USD’s Five-Year Ethanol Customer Renewal

USD Partners LP has announced it has entered into a five-year Terminal Services Agreement with a minimum monthly throughput...
> read more
Downstream
Oil Price Pattern Continuing

Oil Price Pattern Continuing

The world’s biggest independent oil trader said crude prices, already up more than 10 percent this year, could rise even ... > read more
European Gas Prices Lure US LNG Cargoes

European Gas Prices Lure US LNG Cargoes

Higher natural gas prices and lower shipping rates are increasing the draw of US liquefied natural gas cargoes to Europe ... > read more
Canada Prepares Carbon Capture Tax Credit Plan

Canada Prepares Carbon Capture Tax Credit Plan

Canada is preparing to roll out a tax credit for investments in carbon capture, a key step to reduce greenhouse-gas emissions ... > read more
McDermott/CSIRO Advanced Technologies

McDermott/CSIRO Advanced Technologies

McDermott International and the Commonwealth Scientific and Industrial Research Organization (CSIRO), Australia's premier ... > read more
Money Is Gushing Back Into Oil

Money Is Gushing Back Into Oil

Money is gushing back into oil. While total holdings in the main oil and fuel futures contracts collapsed late-last year, ... > read more
Canada’s Oil Power Status Threatened

Canada’s Oil Power Status Threatened

Canada will face challenges in retaining its status as a global oil and gas power in a world transitioning toward net zero ... > read more
Fracking
Enverus: Upstream M&A Up 25 Percent

Enverus: Upstream M&A Up 25 Percent

Enverus has released its summary of 4Q21 and full-year 2021 US upstream M&A. In the second year of a COVID-influenced market, ... > read more
Vaalco’s First Well In 2021/2022 Campaign

Vaalco’s First Well In 2021/2022 Campaign

VAALCO Energy, Inc has commenced its 2021/2022 drilling campaign offshore Gabon with the Etame 8H-ST well. Under a drilling ... > read more
Ashtead Technology Bolsters Rental Fleet

Ashtead Technology Bolsters Rental Fleet

International subsea equipment rental and solutions specialist Ashtead Technology has further strengthened its rental fleet ... > read more
Hilcorp Employees In Line For $75k Bonuses

Hilcorp Employees In Line For $75k Bonuses

Oil driller Hilcorp Energy Co is lavishing $75,000 bonuses on employees as reward for reaching multi-year expansion and production ... > read more
US Well Services New Contract

US Well Services New Contract

US Well Services has entered into a contract to provide electric pressure pumping services for the operating subsidiaries ... > read more
US Shale Capital Spending Increase

US Shale Capital Spending Increase

Increased oil and gas prices should lead to increased spending in US shale plays in 2022, with Rystad Energy projecting an ... > read more
Pipelines
PHMSA Advances Pipeline Emission Rules

PHMSA Advances Pipeline Emission Rules

A report published by Highwood Emissions Management on methane emissions and solutions in the pipeline sector finds broad ... > read more
Illinois Court Dakota Pipeline Expansion Appro

Illinois Court Dakota Pipeline Expansion Appro

An Illinois appellate court on Wednesday vacated approval given by the Illinois Commerce Commission (ICC) to allow the expansion ... > read more
Colonial Allocates Cycle 3 Shipments

Colonial Allocates Cycle 3 Shipments

Colonial Pipeline Co is allocating space for Cycle 3 shipments on Line 1, its main gasoline line, the company said in a notice ... > read more
Texas Pipelines Winterize Equipment

Texas Pipelines Winterize Equipment

In the aftermath of Winter Storm Uri and its devastation in February, attention is focused on the source of the state’s ... > read more
US Pipeline Space ‘Half Empty’

US Pipeline Space ‘Half Empty’

About half of US oil pipeline space is sitting unused, heating up competition for barrels in higher-output areas like the ... > read more
Magellan’s Permian Longhorn Crude Pipe Options

Magellan’s Permian Longhorn Crude Pipe Options

Magellan Midstream Partners LP is evaluating alternative uses for its Longhorn crude pipeline from Texas’s Permian Basin, ... > read more
Tank Storage
USD’s Five-Year Ethanol Customer Renewal

USD’s Five-Year Ethanol Customer Renewal

USD Partners LP has announced it has entered into a five-year Terminal Services Agreement with a minimum monthly throughput ... > read more
New State Regulations For Texas Terminals

New State Regulations For Texas Terminals

Texas Senate Bill 900 (TX SB900) was recently introduced and passed in the Texas Senate and became law on September 1, 2021. ... > read more
Matrix Helps Ghana’s LPG Security

Matrix Helps Ghana’s LPG Security

The CEO of the Ghana Chamber of Bulk Oil Distributors (CBOD), Senyo Hosi has lauded Nigeria’s Matrix Energy Group for constructing ... > read more
McDermott Heating Wisconsin Homes

McDermott Heating Wisconsin Homes

McDermott's storage business, CB&I, has been contracted by We Energies to design and build two liquefied natural gas (LNG) ... > read more
Dearman Systems Closes On ‘Best Year Ever’

Dearman Systems Closes On ‘Best Year Ever’

Dearman Systems, which was founded in 1988 “to automate manual processes in the fuel terminal industry”, has just closed ... > read more
Musket Corp Acquires Vecenergy Terminal

Musket Corp Acquires Vecenergy Terminal

Houston-based Musket Corporation, the trading and logistics arm of the Love's family of companies, recently acquired a refined ... > read more
Upstream
Shale Drillers Target Eagle Ford

Shale Drillers Target Eagle Ford

The Eagle Ford shale in South Texas, long overlooked compared to its larger cousin the Permian basin, saw its biggest one-week ... > read more
ExxonMobil Announces Net Zero Goals

ExxonMobil Announces Net Zero Goals

ExxonMobil has announced its ambition to achieve net zero greenhouse gas (GHG) emissions for operated assets by 2050, backed ... > read more
Saulsbury Awarded Expansion Projects

Saulsbury Awarded Expansion Projects

Saulsbury Industries, a national, full-service EPC company, has been awarded construction contracts for the installation ... > read more
Valero Shuts Hydrocracker At Port Arthur

Valero Shuts Hydrocracker At Port Arthur

Valero Energy Corp began shutting the large diesel-producing hydrocracker at the start of a multi-unit overhaul at its 335,000 ... > read more
Conti Eyes Transition Opportunity For US Gulf

Conti Eyes Transition Opportunity For US Gulf

Thierry Conti, senior vice president of subsea commercial and strategy for TechnipFMC, listened when opportunity knocked ... > read more
Quantum Energy Says Verma to Leave

Quantum Energy Says Verma to Leave

Quantum Energy Partners, one of the largest private equity players in the US shale patch, said a senior partner has stepped ... > read more
Midstream
New Fortress Energy’s Mauritania MoU

New Fortress Energy’s Mauritania MoU

New Fortress Energy Inc (NFE) has announced the execution of a Memorandum of Understanding (MoU) with the Islamic Republic ... > read more
Matrix Service Company Awarded Contract

Matrix Service Company Awarded Contract

The Chemours Company has awarded Matrix PDM Engineering, which is a Matrix Service Company, the Front-End Engineering Design ... > read more
Baker Hughes Annual Meeting Cancelled

Baker Hughes Annual Meeting Cancelled

A Baker Hughes spokesperson has confirmed that the company’s 2022 annual meeting in Florence, Italy, has been cancelled. “Regrettably ... > read more
Emerson Wins Industrial IoT Award

Emerson Wins Industrial IoT Award

Global technology and industrial software leader Emerson has been named Industrial IoT Company of the Year by IoT Breakthrough ... > read more
Harvest Midstream Signs PSA For Arrowhead

Harvest Midstream Signs PSA For Arrowhead

Houston-based Harvest Midstream has announced the signing of a Purchase and Sale Agreement (PSA) to acquire the remaining ... > read more
Canadian Oil Exports To Asia Reach Record High

Canadian Oil Exports To Asia Reach Record High

Canada's oil sands producers were able to export a record amount of crude to overseas markets thanks to a new link to the ... > read more
Videos
Dearman Systems LLC

Dearman Systems LLC

Dearman Systems launches LYNX, cutting-edge logistics software for the bulk liquids market: Dearman Systems has announced ... > watch video
DISCUS

DISCUS

Trust your inner roof. DISCUS Engineered Products builds the safest, strongest, lowest emissions aluminum internal floating ... > watch video
GTI Statia

GTI Statia

GTI Statia (“GTIS”) is one of the largest independent crude and refined product storage terminals serving the US Gulf ... > watch video
Gen III

Gen III

GEN III is the next evolution level of hydraulic foam proportioners for firefighting, now entering the market. Sturdier, ... > watch video
ERECTASTEP

ERECTASTEP

There are many lists of The wonders of the World. ErectaStep, the world leader in modular stairs, catwalks & handrails, has ... > watch video
TF Warren

TF Warren

Tarsco has served industrial clients for over 35 years providing EPC turnkey solutions for above ground storage tanks and ... > watch video
Events
NISTM The Woodlands

NISTM The Woodlands

Founded in 1989, The National Institute for Storage Tank Management (NISTM) is an organization that provides educational ... > view event
NISTM Orlando

NISTM Orlando

Founded in 1989, The National Institute for Storage Tank Management (NISTM) is an organization that provides educational ... > view event
WJTA CONFERENCE & EXPO

WJTA CONFERENCE & EXPO

The must-attend event for industrial waterjetting, cleaning and vacuuming; hydro-demolition; vacuum excavation and much more. WJTA ... > view event
Canada Gas & LNG Exhibition and Conference

Canada Gas & LNG Exhibition and Conference

The 8th edition of Canada Gas & LNG Exhibition and Conference (CGLNG) continues to grow in-step with the industry. As the ... > view event
3rd AMERICAN LNG FORUM

3rd AMERICAN LNG FORUM

The American LNG Forum is your gateway to learning about the US LNG export industry, LNG pricing, latest project updates ... > view event
2nd AMERICAN HYDROGEN FORUM

2nd AMERICAN HYDROGEN FORUM

Countries across the world are seeking for a sustainable, cost-effective and easily applied source of energy. It is important ... > view event
Advertise with Tank Storage News America

Thank you to our valued clients who advertise on Tank Storage News America including: