Intercontinental Terminals Company exhibits strategic prowess in the management of 19 million barrels of storage worldwide
Energy, Oil & Gas Magazine
by Iain
2M ago
Founded in 1972 as a joint venture between Mitsui & Co Ltd, Company USA and a private owner, Intercontinental Terminals Company (ITC) spent the first 30 or so years of operations growing its footprint in the US. Other than a further acquisition of 180 acres of land for its Pasadena location, the business has focused on expanding its existing capacities and international reach since the mid... Source ..read more
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Revisiting our renewable strategy is a must By Stuart Murphy
Energy, Oil & Gas Magazine
by Iain
2M ago
2022 shone a spotlight on the fragility of the European energy market and raised important questions about our overreliance on gas. Currently, fossil fuels are an integral part of our energy mix, natural gas primarily, and we need them to provide consistent Base Load power (the minimum amount of electricity required to keep the lights on). We are drowning in a worldwide energy crisis and it’s... Source ..read more
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In a project designed to deliver precise temperature control, Raven SR partnered with industrial technology company Watlow
Energy, Oil & Gas Magazine
by Iain
2M ago
The 2015 Paris Agreement has forced many countries to present long-term strategies and Nationally Determined Contributions (NDCs) to reduce emissions. One strategy is to transform waste into usable fuels and Raven SR is a clean fuels company dedicated to achieving this. However, the company uses a process that requires high temperatures and precise control to maintain efficiency and cost... Source ..read more
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Nola Oil Terminal’s Chief Operating Officer, Christian Amedee, discusses the ongoing development of the $930 million terminal on the Mississippi River
Energy, Oil & Gas Magazine
by Iain
2M ago
Christian Amedee, Chief Operating Officer at Nola Oil Terminal (Nola), recognized a niche for a liquid terminal capable of efficiently storing and transferring petrochemical products into large vessels for export. Founded in 2010, Nola was originally permitted as a ten-million-barrel fuel oil terminal and storage facility. Post-foundation years saw dramatic changes to the industry though – the US... Source ..read more
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West Burton Energy’s CEO discusses acquisitions, expansion and the future and current climate of the UK’s energy industry
Energy, Oil & Gas Magazine
by Iain
2M ago
Originally built and commissioned by EDF in 2013, West Burton B is a highly flexible and efficient, 1300 megawatt (MW), combined-cycle gas turbine power station located in Nottinghamshire. The plant has been operated by West Burton Energy (WBE) since its acquisition from EDF by EIG, a US-based institutional investor, in August 2021. The facility, and its adjacent 50MW, half-hour Battery Energy... Source ..read more
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Utilizing its cutting-edge technologies, Praj Industries continues on its mission of creating a sustainable future
Energy, Oil & Gas Magazine
by Iain
2M ago
From humble beginnings as a supplier of ethanol plants, Praj Industries (Praj) has spent the past three decades developing into a leading global industrial biotech company, recognized as India’s most successful company in the field of bio-based engineering technologies. Praj has developed a wide-reaching international presence, serving customers in over 100 countries and across all five continents. Source ..read more
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Energy Pool’s founder cites the factor to be tamed if we’re going to save the planet
Energy, Oil & Gas Magazine
by Iain
2M ago
The birth of Energy Pool (EP) came in 2009, at a revolutionary time within the electrical energy market in France. The country’s electricity transmission system operator had just been separated from EDF, and was left without the requisite capabilities to manage the peaks in the population’s consumption. An issue that Olivier Baud, Founder and President of EP, viewed through a lens littered with... Source ..read more
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Why the utilities sector must mitigate threats from outside and within By Alastair MacLeod
Energy, Oil & Gas Magazine
by Iain
2M ago
Utilities represent part of the critical national infrastructure in the UK, and are prone to cyber threats, even in peacetime. Foe, and believe it or not, friends, are constantly gnawing away at network weaknesses to determine resilience and potential holes. This digital battlefield is being fought in myriad ways – from disruption to enterprise systems that underpin a utility company’s commercial... Source ..read more
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How WUN H2 is uniting heavyweight industry players in the production of green hydrogen
Energy, Oil & Gas Magazine
by Iain
3M ago
WUN H2 is the operating company of a venture between Siemens Financial Services, the gas trading company Rießner-Gase and the utility company, Stadtwerke Wunsiedel (SWW). The project, to build one of the largest green hydrogen production plants in Germany, started approximately three years ago, and was officially inaugurated and ready to produce green hydrogen in September 2022. Today... Source ..read more
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A renewable energy revolution is underway at IMTT
Energy, Oil & Gas Magazine
by Iain
3M ago
International-Matex Tank Terminals – better known as IMTT – is a name that’s been synonymous with petroleum in North America for more than 80 years. These days, the company is leading the way with a ‘greener and cleaner’ revolution in the oil and gas industry. While petroleum is still very much part of the picture, IMTT is focusing heavily on energy transition and improving support and logistics... Source ..read more
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