The Houston Fuel Oil Terminal Co. assets include 330 acres on the Ship Channel, storage of up to 16.8 million barrels of product, and four existing deep-water marine ports, with potential for a fifth.

The Houston Fuel Oil Terminal, the nation's largest, is a 310-acre collection of storage tanks and terminals southeast of the intersection of Interstate 10 and Beltway 8 on the Houston Ship Channel.

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

Tulsa-based midstream service company SemGroup unveiled a move into a key market Tuesday: Houston. The company announced in a news release its plans to acquire Houston Fuel Oil Terminal Co. The ...

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 ...

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 ...

The Tulsa oil and gas pipeline and storage company SemGroup Corp. is spending more than $2 billion to buy one of the largest oil terminals in the United States and its prime waterfront acreage on ...

An oil tanker passes along a channel in March 2022 in Port Aransas. That year, the Biden administration approved construction of the Sea Port Oil Terminal, a deepwater oil export terminal off the ...

Tulsa-based midstream player SemGroup Corporation SEMG recently clinched a $2.1 billion deal to acquire Houston Fuel Oil Terminal Co from investment funds managed by Alinda Capital Partners. The ...