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  1. Oil & Gas News: Centurion Midstream Group acquires Permian Crude Transport, LLC

    Centurion Midstream Group , LLC is pleased to announce that it has acquired Permian Crude Transport, LLC and its affiliates (“PCT”).  PCT is a growing provider of integrated crude logistics services with operations throughout the Permian Basin .   “Permian Crude Transport has an impressive track record for growth that will fit with our significant investment in West Texas storage, pipeline and rail assets,” said Tom Ramsey, CEO of Centurion. “The platform that PCT provides for the mid and back office operations will allow us to grow in the most efficient manner,” followed John Calce, President of Centurion. Jarrett Vick, President of PCT, stated, “Working with such a dynamic, growth-oriented company will allow us to best leverage our asset base and our customer relationships.” PCT will operate as a separate, wholly-owned subsidiary of Centurion and Mr. Vick will remain as President.”   Centurion is a private company that owns, operates and is constructing multiple midstream assets including crude oil and condensate storage and unit train transloading in Orla and Pecos, Texas; and unit train receiving, multi-commodity storage and refined products production and distribution at the Brownsville Texas Ship Channel. Centurion’s Orla and Pecos, Texas terminals will include 500,000 barrels of crude and condensate storage, two 40 mile pipelines, unit train loading facilities and serve multiple producers in the prolific Delaware Basin. Centurion’s Brownsville Terminal is comprised of 280 contiguous acres at the Port of Brownsville and is designed to accommodate condensate processing and storage for crude and refined products. It will be capable of accommodating up to 8 million barrels of operational storage, refining capacity of up to 100,000 barrels a day of diesel, naphtha and gasoline, unit train receiving accommodating 600 rail cars, dock access to service waterborne markets, crude/condensate truck unloading and refined products truck loading and state of the art safety, chain of custody, quality control and inspection. PCT has grown to become one of the largest crude oil transportation companies in the Permian Basin, driven by its best-in-class customer service and differentiated business model. PCT’s extensive fleet of crude hauling tractor-trailers and strategically located network of pipeline injection stations connect active Permian crude oil producers with downstream markets.  With long-standing relationships with some of the most active producers in the prolific Permian Basin, PCT is well-positioned to capitalize on the growing demand for crude logistics services across the region.  PCT was advised by Simmons & Co. International.

    Online Articles

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    Mon, 1 Aug 2016

  2. Wyden, Rockefeller request crude oil transportation examination

    The chairman of two US Senate committees asked US Sec. of Energy Ernest G. Moniz and US Sec. of Transportation Anthony Foxx to fully examine crude oil transportation in the wake of several recent rail accidents.

    Online Articles

    Online Articles

    Fri, 10 Jan 2014

  3. Oil transportation : Panda Security uncovers ongoing attack against oil tankers

    PandaLabs reveal cyber-attacks in the maritime oil sector. 

    Online Articles

    Online Articles

    Mon, 18 May 2015

  4. Oil transportation : Oil industry challenges crude-by-rail rules

    API spokesman Brian Straessle said the politically influential trade group supports better tank cars, but companies need more time to get them on the tracks. 

    Online Articles

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    Wed, 13 May 2015

  1. Oil transportation Study: more to do as oil trains pose new risks

    Online Articles

    Online Articles

    Tue, 2 Dec 2014

  2. Hearing examiner says Shell oil transportation project needs full review

    A Skagit County hearing ruled that an oil-by-rail project at the Shell Puget Sound Refinery near Anacortes should undergo a full environmental review. 

    Online Articles

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    Tue, 24 Feb 2015

  3. House OKs bill to increase tax on oil transportation through state

    A modified version of a bill that cleared the Senate in March passed the House with a 58-40 bipartisan vote. 

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    Online Articles

    Wed, 15 Apr 2015

  4. ND regulators to vote on oil transportation rules

    North Dakota's Industrial Commission is slated to vote on rules that could require oil companies to reduce the volatility of crude before it's loaded onto rail cars. 

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    Tue, 9 Dec 2014

  5. ND mulls rules to make crude oil transportation safer

    North Dakota's top energy industry regulator unveiled new rules Thursday that would require companies to reduce the volatility of crude before it's shipped by rail. 

    Online Articles

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    Fri, 14 Nov 2014

  6. DNO streamlines Kurdish crude oil transportation operations

    DNO International ASA, enlarged following its acquisition of RAK Petroleum PCL earlier this year, is streamlining its crude oil transportation operations in the Kurdistan region of Iraq.

    Online Articles

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    Wed, 19 Oct 2011

  7. TransCanada begins legal actions following Keystone XL denial

    TransCanada Corp. has filed a notice of intent to initiate a claim under Chapter 11 of the North American Free Trade Agreement (NAFTA) in response to the US Administration's decision to deny a presidential permit for the Keystone XL pipeline on the basis that the denial was arbitrary and ...

    Online Articles

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    Thu, 7 Jan 2016

  8. ONGC Videsh closer to acquiring stake in Vankorneft

    ONGC Videsh Ltd. and Rosneft have signed an agreement of confirmation of completion of the first-stage pre-completion actions in relation to the creation of a joint venture in JSC “Vankorneft.” In September, Rosneft signed an agreement to sell 15% interest in Vankorneft to ONGC Videsh.

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    Mon, 28 Dec 2015

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