
API notes actions to increase competition in rail shipments
The API has announced its support of competitive rail switching that would allow market forces to have greater influence over rail shipment rates.
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Buckeye Partners, L.P. has announced it will acquire a 50% interest in VTTI B.V.’s global marine terminal business.

Martin Midstream Partners has announced an agreement with NuStar Energy to sell its terminal assets.

US gross crude oil imports increased by 528 000 bpd, or 7%, during the first half of 2016 compared to the first half of 2015, according to the US EIA.

Irving Oil has announced the successful start up of its Halifax Harbour Terminal.

Suncor and MCFN have announced the signing of an agreement for an equity stake in the East Tank Farm development.

A group of international investors led by SOCAR have reached an agreement with OMV Aktiengesellschaft to acquire the Aliaga storage facilities owned by OMV Petrol Ofisi A.S.

World Point Terminals has released its quarterly distribution results.

Odfjell Terminals has entered into an agreement to sell its 29.75% indirect ownership in Oiltanking Odfjell Terminals & Co in Oman for around US$130 million.

EQT Midstream Partners has acquired the Allegheny Valley Connector transmission and storage system, along with several Marcellus gathering systems from EQT Corporation.