In May 2020, the United States exported and imported nearly equal amounts of energy, based on data in the U.S. Energy Information Administration’s (EIA) Monthly Energy Review.Read more
Construction has begun at MIEC on a new expansion phase of an additional 3.5 million barrels of crude oil storage. Moda expects to begin placing storage tanks from this expansion into service later this year.Read more
Marathon Petroleum Corp said it will retain the current structure of its midstream business, concluding a long-drawn strategic review of the unit it had undertaken after pressure from shareholders lead by Elliott Management.Read more