Media
19.02.2011
General |
Vitol, Helios and Shell reach agreement on African downstream businesses
Vitol today announced that, in partnership with Helios Investment Partners, it has agreed to purchase the majority of Shell’s shareholding in most of their downstream businesses in Africa for a total consideration of some $1 billion. Under the agreements, two new joint venture companies will assure continued availability of Shell […]
22.07.2010
General |
VTTI announces plan to build a new oil product terminal and make Cyprus a regional oil trading hub
Vitol Tank Terminals International (“VTTI”), today announced plans to build a major oil import and distribution terminal in the industrial area of Vassiliko, Cyprus. The terminal, which is set for completion in 2012, marks an initial investment of more than €100 million in the Cyprus economy and will establish the […]