Vitol Group Announces Opening of the Phase 2 Expansion of the Euro Tank Terminal, Rotterdam
05.30.2009 - NEWS
At an opening ceremony on May 28th, the second phase of the expansion of the Euro Tank terminal in Rotterdam was officially opened. The expansion was completed on time and within budget, with first product received at the end of 2008.

8 new storage tanks have been added, to receive gasoil and fuel oil, providing an additional 356.000 m3 of storage capacity, alongside the existing 286.000 m3 of storage.

Plans are already well under way for the next phase of the expansion, with a further addition of 465.000 m3 planned for completion in 2011, bringing a total capacity of 1.1 million m3.

At the ceremony, Rob Nijst, CEO of Vitol Tank Terminals International BV (VTTI) said:

“Today is a really important day, not just for the Euro Tank Terminal, Rotterdam but for all of VTTI and the Vitol Group. We have created a world class terminal in a key strategic location and I congratulate the team on completing the project on time and within budget. We now have 4 million cubes of storage at a number of key locations around the world and ambitious development plans in place. VTTI is becoming a significant player in the terminal business and Rotterdam is a key part of these plans.”

Australia's Woodside Energy Makes Liz Westcott Its Permanent CEO
03.23.2026 - NEWS
March 23, 2026 [Reuters]- Australia’s Woodside Energy on Wednesday named Liz ​Westcott as... Read More
US Lends Oil Companies 45.2 Mln Barrels from Reserve, First Batch of Iran War
03.23.2026 - NEWS
March 23, 2026 [Reuters]- The Trump administration said on Friday it ​has lent 45.2 million bar... Read More
China's Sinopec Posts 36.8% Drop in 2025 Net Profit on Weak Petrochemical Margins, New Energy Substitution
03.23.2026 - NEWS
March 23, 2026 [Reuters]- China Petroleum & Chemical Corp , known as Sinopec, reported a 36.8... Read More
Saudi Aramco Cuts Oil Supply to Asia for Second Month in April
03.23.2026 - NEWS
March 23, 2026 [Reuters]- Saudi Aramco, the world’s top oil exporter, has cut crude supply ... Read More