SUGAR LAND, Texas, Nov. 5, 2018 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--Following a somewhat disappointing third quarter, midstream and terminal services provider Buckeye Partners LP (Houston, Texas) announced plans to shift more of its capital spending toward higher-return growth opportunities from existing assets. A heavy goodwill impairment charge and concerns about oversupply in the oil market dragged down Buckeye's most recent quarterly results. Industrial Info is tracking more than $1.5 billion in active projects involving Buckeye.
Within this article: Details on some of the highest-valued projects involving Buckeye, including those related to oil produced in the Permian Basin and a major European entity that the company plans to sell off.
Other companies featured: Phillips 66, Marathon Petroleum Corporation
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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to [email protected] or visit us online at http://www.industrialinfo.com.
William Ploch
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SOURCE Industrial Info Resources, Inc.
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