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Vopak to operate new facility in Texas

The Gulf Coast Growth Ventures (GCGV), the petrochemical joint-venture between American oil major ExxonMobil and SABIC, has selected the Dutch-based tank storage company Royal Vopak to design, build, own and operate a new industrial terminal in Corpus Christi, on the US Gulf Coast.

ExxonMobil partners with the Netherlands presenting hydrocracker plant

ExxonMobil and the Netherlands’ government leaders met in the Port of Rotterdam to celebrate the beginning of a new installation at the port’s refinery. The project reflects an investment of more than a billion euros. The hydrocracker plant uses a first in the world combination of proprietary process and catalyst technology to efficiently produce both high-quality base stocks and ultra-low sulphur diesel.

Cyprus’s new industrial port of Vassilikos to operate in 2023

The construction of the new industrial port of Vassilikos is expected to begin operations in 2023, as Cyprus News Agency reports. The port will operate as a service centre for the oil and gas industry in Cyprus and the wider region, and its costs will be around €250 million.

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