EnergyAsia, June 8, 2022, Wednesday) — Indian Oil Corp Limited (IOC) will build nine crude oil tanks with a combined storage capacity of 540 million litres (3.4 million barrels) at Mundra Port in India’s northwestern state of Gujarat....
INDIA: Vopak joint venture as country’s largest independent tank storage operator
(EnergyAsia, June 6, 2022, Monday) — Dutch storage giant Royal Vopak has completed its joint venture with logistics provider Aegis Group to become a major independent fuel and chemicals terminal operator in India....
AUSTRALIA: Insufficient oil stockpile adds to energy price shock
(EnergyAsia, June 6, 2022, Monday) — Australia is reeling from a double whammy of record fuel and electricity prices made worse by years of official neglect of the country’s oil refining industry and stockpiling mandate....
PHILIPPINES: Shell constructing oil products terminal in Mindanao
(EnergyAsia, June 2, 2022, Thursday) — Following the closure of its only refinery in the Philippines, the local subsidiary of Anglo Dutch Shell has been expanding its oil import, storage and distribution business….