Posts In Category

Oil Storage

Glencore and HNA establish HG Storage International Ltd.

Glencore plc has announced the sale of a 51% equity stake in its petroleum products storage and logistics business for USD775 million in cash to HNA Innovation Finance Group Co., Ltd. The transaction is subject to certain regulatory approvals and closing conditions and is expected to close during the second …
Vopak expands in the Port of Santos, Brazil

Royal Vopak will expand its wholly owned terminal in Alemoa, which is located in Brazil’s Port of Santos, Latin America’s largest port, the company announced. The expansion will add 16 new tanks with a capacity of 61,000 cubic metres (cbm) to Vopak’s Alemoa Terminal. The total capacity of the terminal …
HES to develop tank terminal in Rotterdam, signs long-term contract with BP

HES International announced that it is developing a tank terminal for the storage and transshipment of petroleum products and biofuels in Rotterdam. The HES Hartel Tank Terminal will be an independent storage terminal where customers can store and transship liquid products. BP, which is the owner of the BP Refinery …
Puma Energy buys Belfast fuel terminal from BP

Puma Energy, the globally integrated midstream and downstream energy company, has signed a purchase agreement with BP to buy its bulk storage fuel terminal in Belfast, Northern Ireland. This latest transaction brings Puma Energy’s global network of bulk storage terminals to 100, culminating in a total storage volume of 7.9 …
F+L Week 2018 | Submit Abstract | 728×90
F+L Week 2018 | Submit Abstract | 728×90