August 26, 2010 [Port of Rotterdam] - The Port of Rotterdam Authority will invest approximately € 25 million in the creation of a site of almost 5 hectares to accommodate the future expansion of Botlek Tank Terminal (BTT). The land will be gained by filling in the south western corner of the Botlek dock with some 600,000 m3 of sand. There will also be a quay wall of over 400 meters constructed and in addition, some jetties and small firms are replaced. If the environmental assessment procedure (MER) develops as scheduled, the filling in can start mid 2011 and the project will be finished mid 2013.
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August 24, 2010 [Vanguard] - Oriental Energy Resources and its partner Afren Plc Plc has announced the launch of a Floating Storage Offloading vessel (FSO) — a crude oil storage and export facility for the Ebok field development located offshore South East Nigeria. Read More>>
August 23, 2010 [RTT News] - Ampal-American Israel Corp. announced yesterday that its subsidiary, Gadot Chemical Tankers and Terminals Ltd., through its wholly-owned subsidiaries, has completed the previously announced purchase of the entire issued and outstanding share capital of ADPO GHENT NV for a purchase price of Euro 30,000,000. Read More>>
August 23, 2010 [The FINANCIAL] - Rompetrol Georgia, one of the leading oil importers in the country has recently opened its modernized petroleum storage tanks and related facilities at large in Lochini ravine, Tbilisi International Airport surroundings. Read More>>
August 23, 2010 [Vopak] - The Supervisory Board of Royal Vopak N.V. announces the departure of its current Chairman of the Executive Board, John Paul Broeders, who will leave Vopak because he has accepted an offer to become, after an introduction period, Chairman of the Executive Board of SHV Holdings. The Supervisory Board has accepted John Paul Broeders’ resignation with regret, but respects his decision, and congratulates him with his new role.
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August 20, 2010 [C1 Energy] - ExxonMobil may withdraw from the Hong Kong fuel oil market, according to market sources. The oil giant has recently entered into an agreement with China's leading bunker supplier Chimbusco on leasing 280,000-cu-m heavy oil tanks at the Tsing Yi oil terminal in Hong Kong to the latter, the sources said.
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August 19, 2010 [Dredging Today] - Russia needs to expand its port facilities to meet growing demand from oil, coal and other exporters, Deputy Transport Minister Viktor Olersky told Reuters. The world’s top oil producer and fifth largest coal exporter ships a large proportion of its energy resources to foreign buyers via neighbouring countries due to domestic port limitations. Read More>>
August 19, 2010 [Reuters] - Singapore oil and gas infrastructure services firm Rotary Engineering said it is expanding its horizon to building, owning and operating oil storage terminals in Southeast Asia and the Middle East. Read More>>
August 18, 2010 [Dow Jones] - Vitol Group, one of the world's largest marketers and distributors of crude oil and petroleum products, is building up its flotilla of tankers slated to store jet fuel in Northwest Europe, shipping reports show. Read More>>
August 13, 2010 [Oil & Gas Journal] - Denmark’s DONG Energy AS and Spain’s Iberdrola have signed a supply agreement for Iberdrola to deliver 35.3 bcf/year of natural gas as LNG to DONG at the Gate LNG terminal at Rotterdam. The 10-year agreement includes an option for a 5-year extension and follows the signing of commercial terms earlier this year. Read More>>
August 16, 2010 [Reuters] - China has completed a crude storage farm of about 26 million barrels in Qinzhou in the southern Guangxi region, near a new refinery that PetroChina has just built, official media reported last week.
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August 12, 2010 [Opis] - Enterprise Products Partners L.P. will bring onstream in the fourth quarter
a total of 4 million bbl worth of new clean oil products underground storage
capacity at Mont Belvieu, the natural gas liquids trading hub on the Gulf
Coast, a company spokesman told OPIS on Wednesday. Read More>>
August 11, 2010 [Tank Storage Magazine] - Singapore-headquartered marine fuel supplier Chemoil is considering building a terminal in South Korea. Read More>>
August 10, 2010 [Opis] - The Energy Information Administration will publish by the end of November a collection of working and shell crude, oil products and ethanol storage capacity data in the U.S. for the first time ever, an EIA official told OPIS on Monday.
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