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Magellan Midstream Earnings Slide on Weak Fuel Demand

2021-02-03 14:40:00| OGI

Magellan Midstream also reported lower volumes and average rates on its crude oil pipelines, in part because several of contracts on the Longhorn pipeline, which flows from the Permian Basin to Houston, expired.

Tags: demand slide fuel weak

 

Magellan, Enterprise to Develop Houston Crude Oil Futures Contract

2021-01-22 11:15:00| OGI

Quality specifications will be consistent with WTI crude oil originating from the Permian Basin, with delivery capabilities at either Magellan's East Houston terminal or Enterprise's ECHO terminal.

Tags: develop contract oil enterprise

 
 

Magellan Midstream to Boost Fuel Loading Capacity in Cheyenne, Wyoming

2020-12-02 23:05:00| OGI

Magellan Midstream Partners said on Dec. 2 it will invest about $4.65 million to increase truck loading capacity at its refined oil products Cheyenne terminal in Wyoming by more than 50%.

Tags: capacity loading fuel wyoming

 

CEO: Inland Refinery Closures Benefit Magellan Refined Product Systems

2020-09-10 15:47:05| OGI

Closures mean longer-haul movement, Mears says.

Tags: product systems benefit ceo

 

Magellan Midstream Sees Lower Fuel Pipeline Volumes for Rest of 2020

2020-07-31 15:39:11| OGI

Expansion projects are continuing and some have come online.

Tags: lower rest fuel volumes

 

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