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Buckeye Partners Wraps Up Laurel Pipeline, Turns to Crude, Refined Terminal Projects


Industry Segment: Terminals | Word Count: 585 Words
Attachment: Buckeye 1019

SUGAR LAND--October 4, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--Buckeye Partners LP (NYSE:BPL) (Houston, Texas) was granted permission to begin bidirectional flows on its Laurel refined-product pipeline earlier this week, after the Pennsylvania Public Utility Commission (PUC) unanimously approved a settlement agreement between Buckeye and a group opposed to the two-way service. With the multi-phase Laurel project on the verge of completion, Buckeye is turning its attention to a slew of crude-oil and refined-product terminal projects in Texas, Ohio and Pennsylvania. Industrial Info is tracking nearly $900 million in active projects involving Buckeye.

Within this article: Details on Buckeye's Laurel Pipeline and its other major projects, including a big-ticket crude-oil terminal in Texas and a series of inspections and upgrades at terminals across the U.S.

Other companies featured: Marathon Oil Corporation (NYSE:MRO), Phillips 66 (NYSE:PSX)

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