Storage
Xodus appointed to one of Japan’s first large-scale CCS projects
Global energy consultancy Xodus has secured a landmark contract to support the development of an advanced carbon capture and storage (CCS) hub in Japan.
Marine fuel sales at top bunker hub Singapore log soft start to 2025
Sales of marine fuel at Singapore, the world's largest bunker hub, logged weaker volumes in the first month of 2025.
Alternative Chinese terminals emerge to take in sanctioned tankers
A handful of newer Chinese terminals recently began receiving oil tankers sanctioned by the U.S., according to five sources and shipping data, providing logistics relief after a major port operator unexpectedly banned such deliveries last month.
U.S. crude stockpiles build on ongoing refinery maintenance
U.S. crude oil inventories rose last week as refinery maintenance continued, while gasoline stockpiles posted a surprise draw.
Update: U.S. crude stocks rise as refiners cut production amid winter storms
U.S. crude stocks rose last week as refinery utilization slipped, the Energy Information Administration (EIA) said on Wednesday, as winter storms sweeping the country hit fuelmakers' operations and boosted distillates demand.
U.S. crude stockpiles hit near 3-yr low despite softer refinery demand
U.S. crude oil inventories slipped to their lowest level since March 2022 last week, even as refining activity fell sharply, cutting demand for crude.
European glut weighs on global gasoline margins
Gasoline stocks in Europe have hit a record high as exports dropped due to higher refinery runs in the U.S. and Nigeria, resulting in gasoline profit margins at European and U.S. oil refineries falling to a 15-month low in January.
Ammonia decomposition—Hydrogen carrier value chain
Ammonia (NH3) is emerging as one of the most promising H2 carriers, offering solutions to several critical challenges associated with H2 storage and transportation. As H2 is increasingly recognized as a pivotal component in the transition to a carbon-free energy future, efficient storage and transportation systems have become crucial for its widespread adoption.
Monetizing carbon capture, transport and storage
At the time of this publication, Gulf Energy Information’s Global Energy Infrastructure (GEI) database was tracking more than 440 active carbon capture projects around the world. These projects include carbon capture projects, hubs and storage facilities. An alternative market for the captured carbon and subsequent credits are the commitments by companies to reduce overall emissions, or even achieve net-zero operations. Such a company may choose to purchase CO2 removal credits to offset their emissions. These credits can be generated and sold by capturing emitted carbon and permanent sequestration. For either system to work, a digital trail must be accurate for companies to buy and sell carbon, as explained in this work.
Mabanaft to convert tanks at the Port of Hamburg to methanol storage
Mabanaft plans to convert four of its tanks at the Blumensand tank terminal in the Port of Hamburg over the next two years to methanol and facilitate the import of low-carbon methanol to northern Germany.
- BPCL and National Sugar Institute collaborate to advance sweet sorghum as a sustainable biofuel source 2/21
- Resynergi secures $18 MM to accelerate plastic recycling innovation 2/21
- LiqTech receives supplier approval for water treatment system for WinGD dual-fuel engine 2/21
- Japan's Eneos shuts 141,000-bpd Sakai CDU after a fire 2/21
- Russia's idle oil refining capacity estimated 82% up in February 2/21
- U.S. refiners mull switch to alternative lighter crudes amid Trump tariff fears 2/21
