April 16, 2013
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Government says social media message on BORCO refinery was 'political mischief'
THE government has assured the residents of Pinder’s Point and Lewis Yard in Grand Bahama that it is committed to ensuring their safety and well being. It has branded an “erroneous message” circulating there as “political mischief”. A message was p
BORCO revenues up 14% for Q1
The Bahamas Oil Refining Company (BORCO) produced a 14.3 per cent year-over-year revenue increase to $52.7 million for the 2013 first quarter, as it awaits the likely recovery of a $5 million insurance deductible.
BORCO owner invests over $140m in 2012
The Bahamas Oil Refining Company’s (BORCO) owner invested more than $140 million into expanding the Grand Bahama-based facility in 2012, and believes it is poised to “expand its Caribbean leadership position” in Vacuum Gas Oil (VGO) storage.
Inspection held at BORCO facility
OFFICIALS from the Ministry of the Environment and Housing exectued an inspection of the premises and operations of the BORCO storage facility in Freeport, Grand Bahama, yesterday.
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