NuStar Energy sells Texas City terminals to BWC Terminals
SAN ANTONIO — NuStar Energy LP has entered into an agreement to sell its terminals in Texas City, Texas, to BWC Terminals for $106 million. At press time, the acquisition was expected to close in the fourth quarter of 2020, subject to the satisfaction of customary closing conditions. “While the Texas City terminals are great […]
Exxon, Chevron CEOs Discussed Merger
The chief executives of American oil companies ExxonMobil and Chevron held preliminary talks in early 2020 to explore combining the two largest US oil producers in what would have been the biggest merger of all time, according to people familiar with the matter. The discussions, which are no longer ongoing, are being seen as having tested […]
