Articles

  • 6 days ago | tankstorage.com | Anamika Talwaria

    Exolum has commenced fuel storage and aircraft refuelling operations at the newly expanded Jorge Chávez International Airport in Lima, Peru, having successfully completed the construction of a state-of-the-art fuel storage facility. This infrastructure represents a significant milestone in the advancement of air transport across Latin America, setting a new benchmark as the most technologically advanced airport fuel supply system in the region.

  • 6 days ago | tankstorage.com | Anamika Talwaria

    Vopak’s joint venture AVTL has successfully completed its IPO in India, the company announced on LinkedIn.Dick Richelle, CEO of Royal Vopak: ‘We are very pleased with the successful realisation of AVTL’s IPO, a significant milestone reflecting the strong partnership and collaborative spirit between Aegis Logistics and Vopak. The IPO also successfully crystallises value for Vopak shareholders and strongly supports Vopak’s strategy of expanding our portfolio of gas and industrial terminals.

  • 1 week ago | tankstorage.com | Anamika Talwaria

    BP Trinidad and Tobago’s (bpTT) Mento development has safely delivered first gas through connection of the initial discovery well. The drilling campaign for the remaining seven gross wells on the platform will now begin. Mento is a 50/50 joint venture between EOG Resources Trinidad Ltd (EOG) and bpTT, with EOG as the operator. The development features a 12-slot, attended facility that is located in acreage jointly licensed by bpTT and EOG off Trinidad’s southeast coast.

  • 1 week ago | tankstorage.com | Anamika Talwaria

    Following extended technical, commercial and strategic evaluations UPM plans to discontinue the development of its potential second biomass-to-fuels refinery at the Port of Rotterdam. As a result, UPM plans to halt all engineering work related to the CAPEX investment in Rotterdam and to withdraw from all site-related commitments associated with the Rotterdam investment.

  • 1 week ago | tankstorage.com | Anamika Talwaria

    ASCO, a leading logistics and materials management company, has been awarded a terminal handling contract with Alcoa in Mosjøen, Norway. Alcoa is the world’s eighth-largest producer of aluminium, and this agreement marks a significant milestone in ASCO’s 30-year history in Norway, representing a further expansion of its services beyond the oil and gas sector.