Centrica invests in Isle of Grain LNG terminal
Centrica plc has announced the acquisition of the Isle of Grain LNG terminal, UK, in partnership with Energy Capital Partners LLP (ECP) from National Grid group for an enterprise value of £1.5 billion.
Tanks & terminals
See below for the latest news covering the oil, gas and petrochemical storage sector.
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Venice Energy signs sale agreement for Australian LNG terminal project
Venice Energy has agreed to sell its LNG terminal project in South Australia to Nebula Energy’s AG&P LNG.
AVTL to develop new terminal in India
AVTL has announced a positive final investment decision (FID) to build a greenfield terminal in the Jawaharlal Nehru Port Authority (JNPA) port in Mumbai, India.
Axpo completes bio-LNG bunkering operation
Axpo has completed Spain's first ship-to-ship bio-LNG bunkering operation at the Port of Algeciras in the large container shipping industry.
SAMSUNG E&A secures FEED contract for Abadi LNG project
SAMSUNG E&A has received a letter of award for the FEED contract for the Indonesia INPEX Abadi Onshore LNG project from INPEX Masela Ltd.
ADNOC Gas signs 10 year LNG supply agreement with Hindustan Petroleum
ADNOC Gas plc has announced the signing of a heads of agreement with Hindustan Petroleum Corp. Ltd to supply 0.5 million tpy of LNG for a 10-year term.
Pengerang Terminals provides storage for biorefinery
Pengerang Terminals (Two) Sdn. Bhd. is set to provide storage and handling facilities for biorefinery feedstocks and products.
More Tanks & terminals news
New Fortress Energy executes charter for Energos Winter
New Fortress Energy Inc., via a subsidiary, has executed a 5-year agreement for the deployment of the Energos Winter, an FSRU, with the Egyptian Natural Gas Holding Co. (EGAS).
EIA reports that natural gas price volatility fell over 1H25
The average historical volatility of the daily Henry Hub front-month futures price trended downward through 1H25, with quarterly volatility falling from a recent high of 81% in the 4Q24 to 69% by mid-2025.
ABB wins contract from bp to support electrification of Azerbaijan facility
ABB has been awarded a large order by bp, as the operator of the Sangachal terminal in Azerbaijan, to support the electrification and power grid stability of one of the world’s largest oil and gas terminals.
MT Group secures contract for Brunsbüttel FSRU LNG terminal
MT Group has been awarded a major contract for the execution of all topside and onshore-based infrastructure at the new jetty in Brunsbüttel FSRU LNG terminal in Germany.
Argent LNG selects GIS Engineering as engineering partner
Argent LNG has selected GIS Engineering as its ‘below-the-bolts’ engineering partner to spearhead FEED, site preparation, and regulatory development for the company’s flagship project at Port Fourchon.
Argent LNG launches EPC review and pre-filing process with FERC
Argent LNG has initiated a comprehensive EPC partner review in preparation for entering the Federal Energy Regulatory Commission pre-filing and permitting process for its 25 million tpy LNG export project in Louisiana.
Adriatic LNG increase contribution to Italy’s national energy system
Natural gas consumption in Italy saw an increase in the 1H25, and Adriatic LNG’s contribution to the national energy system continued to grow as well.
KN Energies to provide biomethane virtual liquefaction service at Klaipeda LNG Terminal
AB KN Energies is preparing to provide a biomethane virtual liquefaction service at the Klaipeda LNG terminal, Lithuania.