Thirty years ago, John McDonald started the Houston Fuel Oil Terminal, which is today the largest handler of heavy refining byproducts called black oil. He sold his stake in the company over time ...

storage and processing company SemGroup Corp. is buying Houston-based Fuel Oil Terminal Co., one of the largest oil terminals in the U.S., and its prime waterfront acreage on the Houston Ship ...

The company announced in a news release its plans to acquire Houston Fuel Oil Terminal Co. The acquisition would give SemGroup ownership of one of the largest U.S. oil terminals, which has a ...

Immediately accretive, transformational acquisitionConference call scheduled for 8:30 a.m. Eastern todaySemGroup to acquire key assets on Houston ...

Alinda Capital Partners agreed to sell Houston Fuel Oil Terminal Co. to midstream company SemGroup Corp. in a deal exceeding $2 billion that involves cash, stock and debt. SemGroup said it would ...

Kinder Morgan said Tuesday it will buy more than a dozen U.S. fuel storage terminals from BP in a $350 million deal that will create a company owned by both the British oil major and the Houston ...

HOUSTON (AP) — SemGroup Corp. plans to buy Houston Fuel Oil Terminal Co. in a more than $2 billion deal. SemGroup on Tuesday announced the planned acquisition from investment funds managed by ...

SemGroup will pay $1.3 billion in stock and cash, plus the assumption of almost $800 million in debt, to buy the Houston Fuel Oil Terminal Co. Some analysts said SemGroup overpaid - Houston ...