CVR Refining, LP and Plains All American Pipeline, L.P. announced the formation of a 50/50 joint venture, Midway Pipeline, LLC, which has acquired the approximately 100-mile, 16-inch Cushing to Broome pipeline system from Plains. The Cushing to Broome pipeline system connects CVR Refining's Coffeyville, Kansas, refinery, which has a rated capacity of 115,000 barrels per calendar day, to the Cushing, Oklahoma, oil hub. Midway will contract with Plains to continue its role as operator of the pipeline.
1st Jan change | Capi. | |
---|---|---|
+14.32% | 239B | |
+14.91% | 97.17B | |
-1.32% | 95.12B | |
+14.63% | 59.92B | |
+2.72% | 57.98B | |
+15.44% | 49.07B | |
+16.73% | 34.34B | |
+31.20% | 28.08B | |
+6.36% | 18.62B |