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August 03, 2026 [Tank Storage Magazine]- Glencore has taken over the processing contract for Wilhelmshaven oil refinery from Hartree as it enters into an agreement with the refinery’s owner, HES International. According to Reuters’ report, Glencore will supply feedstocks to the refinery, as well as sell its refined fuels. The Wilhelmshaven refinery is situated at HES International’s tank terminal site.

August 03, 2026 [Tank Storage Magazine]- Taifa Gas has entered the final stage of construction on its LPG import terminal at the Dongo Kundu Special Economic Zone, Mombasa, Kenya. Hydrostatic testing is being carried out before the facility moves to the commissioning stage in the coming months.

August 03, 2026 [Tank Storage Magazine]- India’s Oil and Natural Gas Corporation (ONGC) will reserve half of its planned oil storage facility to meet the country’s strategic oil reserve needs. ONGC announced in July 2026 that it would build a strategic petroleum reserve (SPR) with a capacity of 1.75 million tonnes in Mangaluru, Karnataka state, India.

August 04, 2026 [Storage Terminals Magazine]- Vulcan Energy has commenced installation of the first section of the interconnected pipeline and power (ICPP) infrastructure for its flagship Lionheart Project in Germany’s Upper Rhine Valley, marking a significant milestone in the development of an integrated geothermal energy and lithium production network.

August 04, 2026 [Storage Terminals Magazine]- bp has completed the sale of its Gelsenkirchen refinery and related businesses in Germany to Klesch Group, marking another step in the company’s strategy to streamline its downstream portfolio and strengthen capital allocation. The transaction is expected to reduce bp’s underlying operating expenditure by approximately US$1 billion while supporting its focus on disciplined investment and a more streamlined asset base.

August 03, 2026 [Storage Terminals Magazine]- The Moriah Energy Center continues to achieve key construction milestones as the project advances toward completion, bringing the Triangle region of North Carolina closer to enhanced energy reliability and resilience. On July 10th, leaders from Enbridge Major Projects and Enbridge Gas North Carolina joined the project team for a final walkthrough inside the liquefied natural gas (LNG) storage tank before it is permanently sealed.

August 03, 2026 [Storage Terminals Magazine]- MOL Group has strengthened its international Exploration & Production (E&P) portfolio by signing an agreement with Shell to acquire BG Cyprus Ltd., Shell’s wholly owned subsidiary that holds a 35 percent non-operated interest in Cyprus Offshore Block 12. The block contains the Aphrodite gas field, one of the Eastern Mediterranean’s most significant natural gas developments.

July 30, 2026 [Tank Storage Magazine]- Vopak has reported a revenue of €677 million for the first half of 2026, stating in its press release that this was ‘supported by healthy demand for storage infrastructure services across geographies and markets, underpinned by a continued strong occupancy rate of 91%.’ The company claims that its oil and chemical terminals saw strong activity due to high infrastructure demand across the energy and manufacturing markets, with increased commissioning of...

July 30, 2026 [Tank Storage Magazine]- The Oman Tank Terminal Company (OTTCO) has invited engineering, procurement and construction (EPC) contractors to apply for pre-qualification for its new tank storage project. Plans include the construction of eight crude oil storage tanks at the Raz Markaz Oil Storage Terminal, Duqm, Oman. Each tank will have a capacity of 650,000 barrels (bbl), bringing the terminal’s storage capacity to a collective 5.2 million bbl.

July 30, 2026 [Storage Terminals Magazine]- Exolum has completed the acquisition of a minority stake in SeaSeaS Amsterdam, a project developing a multimodal CO₂ export terminal at the Port of Amsterdam. The transaction will help accelerate the development of infrastructure designed to connect industrial emitters in the Amsterdam region and other parts of the Netherlands and Germany with permanent geological storage sites beneath the North Sea seabed.