New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 4, 2013
07:33 EDTGEL, XOMGenesis Energy announces expansion of Gulf Coast terminal infrastructure
Genesis Energy, L.P. (GEL) plans to invest approximately $125M to improve existing assets and develop new infrastructure in Louisiana to connect into Exxon Mobil Corporation’s (XOM) Baton Rouge Refinery, one of the largest refinery complexes in North America with more than 500,000 barrels per day of refining capacity. The project is expected to generate positive economic benefits both for the community of Baton Rouge and the state of Louisiana. Genesis will improve its existing terminal at Port Hudson, Louisiana and build a new 18 mile 20” diameter crude oil pipeline connecting Port Hudson to the Maryland Terminal and continuing downstream to the Anchorage Tank Farm. The company also plans to build a new crude oil unit train facility at the Baton Rouge Maryland Terminal. At Port Hudson, Genesis will construct approximately 200,000 barrels of storage capacity to complement its 216,000 barrels of existing tank capacity and make improvements to its existing barge dock and truck station. Project construction is scheduled to begin in early 2013. The Port Hudson upgrades and new crude oil pipeline are expected to be completed by the end of 2013 and the Maryland Terminal completion is scheduled for 2Q14.
News For GEL;XOM From The Last 14 Days
Check below for free stories on GEL;XOM the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 29, 2014
06:38 EDTXOMRising oil supplies pressuring prices, NY Times says
Subscribe for More Information
August 27, 2014
06:22 EDTXOMExxon division pays $1.4M to settle Louisiana spill claims, Reuters says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use