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Vopak commits an extra €1bn to grow industrial infrastructure

Gas
March 13, 2025

Dutch tanks and infrastructure business Royal Vopak is spending €1bn more on gas and industrial infrastructure to accelerate the energy transition, taking its overall investment to €2bn. The investment was confirmed at its Capital Markets Day.

It will focus on infrastructure solutions for low-carbon fuels and sustainable feedstocks, ammonia as a hydrogen carrier, liquid CO2, and battery energy storage.

CEO Dick Richelle said an increased operating cash return target of above 13% and a new commitment to capital spending makes it well-positioned to capture additional growth opportunities.

The majority of existing investments by the company have been in gas infrastructure to address energy security and affordability needs, and a substantial portion has been committed to growth markets such as India and China.

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Gas
April 22, 2026

MOL secures AiP for ‘world’s first’ wind-assisted CO2 carrier

By 37 min ago 2 min read Japan-based energy transport company Mitsui OSK Lines (MOL) has received approval in principle (AiP) for what it says is the world’s first wind-assisted…

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April 22, 2026

Munich utility to participate in Neumünster green hydrogen hub

By 42 min ago 2 min read Munich utility firm SWM could join the 5,000 tonne-per-year decentralised green hydrogen hub in Neumünster, Germany, being built by Swiss project developer Infener.…