Chemoil Energy Limited(CEL), Hongkong incorporated in 1987

Gulf Petrol Supplies LLC (GPS ) a subsidiary of Fujairah National Group, established in 1990

Phase 1 completed in 2004

Chemoil Energy Limited(CEL) listed on Singapore Exchange Securities Trading Limited on 14 December 2006

Gulf Petrol Service and Chemoil energy limited incorporated on 8th February 2007 as GPS chemoil LLC FZC

2nd Phase -August 2007

1st Jan 2009 3rd Phase started operation

In 2010, Glencore, world’s largest commodity trader, completed the acquisition of a 51.5% stake in Chemoil.

Glencore increased their stake in Chemoil to 89.04%, in 2012.

4th Phase 2nd Terminal commenced operation 23rd April 2013

ISO 9001,14001 & 45001 (based on OSHAS 18001) Certification in 2013.

In 2014, Glencore owned 100% stakes in Chemoil.

Glencore formed a limited company named Celtico Limited in 2016 for consolidating their petroleum products storage and logistics businesses and renamed as HG Storage International Limited (HGSIL) in 2017.

In 2017, Glencore sold 51% stake of non-U.S. petroleum products storage and logistics businesses.

HGSIL transferred its stakes in GPSCO to their subsidiary HG Storage Investments Holding Limited, a company incorporated under the laws of DIFC, UAE.

Tristar Transport (L.L.C.) (“Tristar”), an integrated energy logistics group headquartered in the UAE acquired 51% stake in the Aquarius Energy/ HGSIHL in 2022.

ISO 55001 Certification in 2022.

HGSIL renamed as Aquarius Energy

ISO 50001 Certification in 2025