Harvest announces agreement to acquire Belle Chasse Terminal facility from Phillips 66
Harvest Midstream (Harvest) announced an agreement with Phillips 66 to purchase the Belle Chasse Terminal, formerly the Alliance Refinery located in Plaquemines Parish, Louisiana. The acquisition is expected to close in the First Quarter of 2023. In November of 2021, Phillips 66 announced the closure of the Alliance Refinery and the transition of this facility into […]
Shell acquires Allied Reliability, further expanding its North American lubricants business
Pennzoil-Quaker State Company d/b/a SOPUS Products, a wholly-owned subsidiary of Shell USA, Inc. (“Shell”) that comprises Shell’s US lubricants business, has signed an agreement to acquire 100% of TFH Reliability Group, LLC, the parent company of Allied Reliability Inc. (“Allied Reliability”). Allied Reliability is a provider of industrial products and services, asset performance management and reliability […]
Marathon Oil completes Eagle Ford acquisition
Marathon Oil Corporation announced the completion of its acquisition of the Eagle Ford assets of Ensign Natural Resources for a total cash consideration of $3 billion after taking into account closing adjustments. The acquisition was previously announced on November 2, 2022. “We are pleased to announce the close of our acquisition of Ensign’s high-quality assets in the core of […]