Singapore terminal adds Brightoil storage
04.16.2010 - NEWS
16 April 2010 [Tankstorage Magazine] - China-based bunker oil supplier Brightoil is increasing its presence in the oil and petrochemical hub of Singapore. The company has leased 50,000m³ of tank storage space at Singapore's Horizon terminal, used to support the company's bunker operations. The lease replaced an expired lease at Singapore's Universal Terminal.

Brightoil has also chartered a very large crude carrier (VLCC) for storing and blending fuel oil off Singapore for three months.
The company began bunker operations in the Asian hub port in January after being granted a bunker license by the Maritime and Port Authority of Singapore (MPA).
Brightoil is also planning to bring two bunker tankers to Singapore to boost its operations. The double-hulled tankers would both have capacities of over 6,000 tonnes.

New SAF Unit 4 Under Development at Chane Terminal Botlek
09.16.2024 - NEWS
September 16, 2024 [Chane]- Construction of SAF Unit 4, an expansion of Sustainable Aviation Fuel... Read More
Peru Approves $1.75 Billion in Financing for State Oil Firm
09.16.2024 - NEWS
September 16, 2024 [Reuters]- Peru’s government said on Saturday it has approved financing ... Read More
China Stored Massive Volumes of Crude Oil in August on Soft Prices
09.16.2024 - NEWS
September 16, 2024 [Reuters]- China boosted crude oil inventories in August by the biggest amount... Read More
Gevo to Acquire Red Trail Energy’s Assets for $210m
09.16.2024 - NEWS
September 16, 2024 [Offshore Technology]- Gevo is set to enhance its net-zero fuel production ca... Read More