Valero, Magellan announce an $820 million fuels terminal
San Antonio-based Valero and Tulsa, Oklahoma-based Magellan Midstream Partners will jointly own the 5 million barrel fuels storage facility. Each company will spend $410 million to build the site, which is ... more. Photo: Magellan Midstream Partners /.
Magellan Midstream's Marketing Affiliate Proposal Denied
Magellan Midstream Partners, L.P.'s (MMP - Free Report) proposal to build a marketing affiliate has been turned down by the U.S. Federal Energy Regulatory Commission (FERC). This affiliate was expected to focus on buying, selling and transporting oil ...
Magellan Aerospace to supply complex castings, engine shafts
Toronto, Canada-based Magellan Aerospace has a 5-year agreement with an undisclosed commercial aero engine customer to manufacture complex magnesium and aluminum castings and finished, machined engine shafts for gas turbine engines.