Hints and tips:
...Aaron Milford, chief executive of Magellan Midstream Partners, said that the “opportunity to invest and grow” as a company focused on crude oil and refined products, such as petrol and jet fuel, had become...
...Executives at the companies, both of which are based in the tight knit oil and gas community in Tulsa, Oklahoma, will have a hard sell in the coming weeks....
...“You have to invest your way through this energy transition across the full energy ecosystem, in everything from renewable energy, to power, to upstream, midstream and downstream.”...
...A competing route, the $1.6bn Liberty Pipeline, last week received a green light to connect the Bakken and Rockies production areas to the tank complex of Cushing, Oklahoma starting in 2021....
...CME’s light, sweet WTI benchmark is delivered to the storage hub of Cushing, Oklahoma — a small town about 500 miles north of Houston....
...Since then, Oklahoma-based Williams has suffered a series of boardroom upheavals, with six of 13 directors resigning following a failed attempt to oust the company’s chief executive, Alan Armstrong....
...TransCanada opened the $2.3bn Marketlink pipeline in 2014, linking the storage hub of Cushing, Oklahoma to the Texas coast hundreds of miles south....
...The two corners at the base are Williams LP and Access Midstream LP, two energy infrastructure MLPs....
...Burns Hargis, president of Oklahoma State University, and Richard Davidson, former chairman of the Union Pacific railway, resigned from the board after receiving the support of just 26 per cent and 27 per...
...pipeline company which has been renamed Access Midstream Partners – for $2bn....
...Magellan Midstream Partners plans to open a 225,000 b/d crude oil pipeline to run from west Texas to the Gulf Coast, helping producers circumvent Cushing....
...Rose Rock Midstream, which is building tanks, said average rates are down from 2010....
...Mr Maxwell’s land is on the outskirts of Cushing, Oklahoma, a city of 7,800 people and enough tanks to store three times as much crude as the US consumes daily....
...Oklahoma-based Williams on Thursday increased its offer by about 13 per cent, proposing to pay $44 a share for Southern, valuing the company at $9.4bn including debt....
...BP said it would raise $289m (£192m) by selling oil storage tanks and pipelines in Oklahoma and Texas to Magellan Midstream Partners of the US....
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