Saturday, July 11, 2026
U.S. firm invests $100 million into VLCC-ready oil export terminal- oil and gas 360

U.S. firm invests $100 million into VLCC-ready oil export terminal

Houston Chronicle Connecticut private firm Prostar Capital plans to invest $100 million into a recently acquired terminal in the Caribbean that will be able to receive some of the largest oil tankers in the world. Prostar bought the facility on the Dutch island of St. Eustatius from San Antonio pipeline and storage terminal operator NuStar Energy in a $250 million