Crude oil exports have begun from the second deepwater dock at the South Texas Gateway (STG) terminal, according to Buckeye Partners LP, the terminal’s 50% owner. With the second dock now complete, STG can accommodate the simultaneous berthing and loading of two very large crude carrier (VLCC) vessels, Buckeye said last Wednesday. STG is in…
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Easton Energy Snags ExxonMobil’s South Texas Petrochemical Pipeline
Houston-based Easton Energy LLC is expanding its midstream assets in South Texas, agreeing to buy a petrochemical pipeline system from ExxonMobil for an undisclosed amount. The South Texas Pipeline System runs 720 miles from ExxonMobil’s Clear Lake and Katy gas plants near Houston to Energy Transfer LP’s King Ranch gas plant and the Port of…
November 12, 2020
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