Buckeye Partners Acquires Midstream Assets for $860m


Buckeye Partners L.P. signed a definitive agreement to acquire an 80% interest in a company that will be jointly owned with Trafigura AG for $860 million. The company – Buckeye Texas Partners – and its subsidiaries will own and operate a vertically integrated system of midstream assets, including a deep-water,…

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3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

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