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Unipetrol as Scraps Plans to Sell Paramo-Reuters

Tuesday, 2 Jul 2013 02:46am EDT

Reuters reported that Unipetrol as has abandoned plans to sell its lubricants maker Paramo. The Company had planned to sell the company this year.

TonenGeneral Sekiyu KK Completes Fully Acquisition of Joint Venture from Union Carbide Corporation

Tuesday, 2 Jul 2013 02:00am EDT

TonenGeneral Sekiyu KK announced that it has completed to acquire a 50% stake in a joint venture from Union Carbide Corporation. After the transaction, the joint venture has become a wholly owned subsidiary of TonenGeneral Sekiyu.

NGL Energy Partners LP Acquires Crude Oil Terminal and Barge Business in South Texas

Monday, 1 Jul 2013 04:57pm EDT

NGL Energy Partners LP announced the acquisition of the assets of Crescent Terminals, LLC, a Delaware limited liability company, and the partnership interests of Cierra Marine, LP, a Delaware limited partnership, and its affiliated companies. The Cierra Marine, LP acquisition expands NGL`s crude oil logistics business by adding 4 additional tow boats and 7 crude oil barges, doubling NGL`s current fleet of marine equipment. The terminal facility will add 130,000 barrels of storage capacity in the rapidly developing Eagle Ford shale in South Texas, and the ability to throughput up to 20,000 barrels per day to markets along the Gulf Coast.

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Provider: Auerbach Grayson & Co., Inc.
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$39.00
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$10.00
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$125.00
Provider: GlobalData
$125.00

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