Spanish logistics company for liquid products Exolum has completed the acquisition of a 50% interest in Vopak Moda Houston (VMH), an ammonia storage, import and export terminal located on the Houston Ship Channel, from U.S. Moda Midstream. Courtesy of Exolum The operation took place after obtaining approval from the competent […]
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Korea’s energy and telecom conglomerate SK Group SK Energy Co., a unit of South Korean oil refiner and battery maker SK Innovation Co., is spinning off its crude oil storage and shipment business to launch an independent oil storage and logistics company. SK Energy, Korea’s largest oil refiner, said on Monday it approved the spin-off plan […]