Buckeye Partners to acquire assets from ConocoPhillips
10.26.2009 - NEWS
Buckeye Partners LP has signed an agreement with ConocoPhillips to purchase three refined-product storage and distribution terminals and two refined-product pipelines and associated storage tanks in the Chicago IL and St Louis MO areas.

“These assets will give Buckeye greater access to important markets and refinery operations in the Midwest,” said Forrest E Wylie, chairman and chief executive officer of Buckeye’s general partner. “The combined footprint increases the commercial value to our customers by offering enhanced distribution connectivity and flexible storage capabilities. In addition, this transaction is supported by stable tariff and fee-based revenues and presents incremental opportunities to expand our product marketing activities. We anticipate a smooth integration and rapid realization of operating synergies. The resulting improvement in asset utilization and identified organic growth projects are expected to increase distributable income to our partnership unit holders.”

Shrieve Chemical Acquires Connection Chemical
11.13.2024 - NEWS
November 13, 2024 [Chem Analyst]- Shrieve Chemical Company, a leading value-added chemicals distr... Read More
Ohmium, Spirare Energy, and JNCASR Collaborate on India’s First CO2 to Green Methanol Plant
11.13.2024 - NEWS
November 13, 2024 [Buisness Wire]- Ohmium International (“Ohmium”), a leading green hydrogen ... Read More
Exolum Begins LOHC Transport and Storage Project in the UK
11.13.2024 - NEWS
November 13, 2024 [H2 View]- Spain’s Exolum has begun testing the storage and transport of gree... Read More
Crown LNG Rushing to Develop and Start Building US LNG Plant While Trump in Office
11.13.2024 - NEWS
November 13, 2024 [Reuters]- Norwegian headquartered Crown LNG is racing against time to develop... Read More