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United Petroleum is an Australian petrol retailer and importer. It was established in 1993 and, as of October 2020 [update] , has over 450 petrol stations in Australia. [ 1 ] The company also owns Pie Face , a pie outlet it acquired in 2017 and subsequently rolled out to many of its service stations.
An oil terminal (also called a tank farm, tankfarm, oil installation or oil depot) is an industrial facility for the storage of oil, petroleum and petrochemical products, and from which these products are transported to end users or other storage facilities. [1]
The Seaway Crude Pipeline System (SCPS), commonly known as the Seaway Pipeline, is an oil pipeline system which transports crude oil between Cushing, Oklahoma and Freeport, Texas, and through the Texas City, Texas Terminal and Distribution System on the Gulf Coast of the United States.
Oil Price Information Service (OPIS) is a price reporting agency which provides information that is used for commercial contracts and trade settlement related to petroleum, gasoline, diesel, ethanol, biodiesel, LP-gas, jet fuel, crude, natural gas, petrochemicals, recycled plastics, refinery feedstocks, residual fuel, and kerosene.
In April 2020, it was lack of storage capacity at Cushing which turned WTI petroleum futures contracts negative for the first time in history. [25] [26] While Cushing has maximum storage of about 90 million barrels across 15 terminals, working storage is closer to 76 million barrels, about 13% of total U.S. oil storage capacity. [27]
The following year Oiltanking acquired a third facility in Singapore, the Helios terminal, [52] and also took over the United Bulk Terminal, a major dry bulk goods export terminal for coal and petroleum coke near New Orleans. [53] 2013 proved to be the most successful year in the company's history to that date.
In 1942, the company purchased Indiana Pipe Line. In 2004, its $517 million acquisition of refined petroleum pipelines and terminals from Shell was approved by the Federal Trade Commission. [9] Buckeye manages over 6,200 miles (10,000 km) of petroleum pipelines and over 100 truck-loading terminals.
United Metro Energy Corp. is a privately held energy company, founded in 1942 and based in New York. The company supplies biodiesel , heating oil , ultra-low-sulfur diesel , natural gas and gasoline from its terminals in Greenpoint, Brooklyn and Calverton , Long Island .