Blueknight

Articles from Blueknight

Oklahoma’s Blueknight Rakes in $162 Million for Crude Oil Midstream Assets

In a move that transitions Blueknight Energy Partners LP into a pure-play, downstream terminalling business, the Tulsa, OK-based company via three separate transactions has agreed to sell its crude oil terminalling, pipeline and trucking business segments for about $162 million in cash, including estimated crude oil linefill and inventory. “This announcement represents a significant milestone…

December 22, 2020

E&P

Cimarron Express JV to Carry STACK Crude to Cushing by Mid-2019

A trio of companies, some with energy assets in the Midcontinent, has agreed to form a joint venture (JV) called Cimarron Express Pipeline LLC, to build a crude oil pipeline connecting the region’s stacked reservoirs to a terminal at the Cushing Hub.

May 11, 2018