trending Market Intelligence /marketintelligence/en/news-insights/trending/2G1uFPRRfguplBrc-R0oCw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Buckeye, Trafigura receive 1st crude delivery from Plains' Cactus II pipeline

A Utility Company Efficiently Sharpens Its Focus on the Credit Risk of New Customers

S&P podcast - Coronavirus pandemic, oil price crash shake up energy sector

Case Study: A Utility Company Efficiently Sharpens Its Focus on the Credit Risk of New Customers

Energy Evolution Podcast

Energy Evolution Why solar energy could get even cheaper


Buckeye, Trafigura receive 1st crude delivery from Plains' Cactus II pipeline

Buckeye Partners LP and Trafigura Trading LLC received the first shipment of crude oil from the Permian Basin delivered via Plains All American Pipeline LP's Cactus II pipeline to the Buckeye Texas Partners LLC terminal in Corpus Christi, Texas.

The initial crude delivery represents the first from over 3 million barrels per day of new pipeline capacity planned in Corpus Christi to ease takeaway constraints out of the Permian, according to an Aug. 12 news release. When Cactus II becomes fully operational, Buckeye and Trafigura will complete more direct connections and interconnectivity at the Buckeye Texas Partners terminal.

As part of their efforts to build their positions as exporters of crude and refined products, Trafigura has a long-term contract for crude deliveries from the Permian Basin via Cactus II, while Buckeye is completing the first phase of development across its South Texas facilities.

Plains' Cactus II pipeline is designed to carry 585,000 bbl/d from the Permian to the Corpus Christi area. The company's CEO and director Wilfred Chiang earlier said the pipeline is "mechanically complete" and full operations are expected to begin in the first quarter of 2020.