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2015 – OPIS acquires NAVX, the leading European and South American provider of retail fuel pricing, parking and Electric Vehicle (EV) charging location information. [10] 2016 – IHS Markit acquires OPIS for $650 Million. [11] 2018 - OPIS acquires Petrochem Wire. [12] 2022 - News Corp acquires OPIS and merges it with Dow Jones [13]
The Minnesota Pipe Line (or MPL) is a crude oil pipeline that runs from Clearbrook, Minnesota southward to the Twin Cities. [1] Construction began in 2007 after the State of Minnesota approved the building permit, [2] and ended in 2008; it is owned by Minnesota Pipe Line Company, LLC (MPL) and is operated by Koch Pipeline Company, a wholly owned, indirect subsidiary of Koch Industries.
On December 1, 2002, Ferrellgas purchased the propane operations of ProAm, Inc., then the nation's 17th largest propane retailer, for $25.6 million and a $10 million deferred seller note. The regional company had 70,000 customers and 57 retail outlets in seven states, the largest concentration of these being in Georgia and Texas.
The national average for regular driving fuel now sits at $3.20 per gallon, according to AAA data. The last time gas prices were this low in 2023 was on Jan. 1, at $3.21.
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On November 12, 2013, Western acquired ACON Investments and TPG's ownership interests in Northern Tier Energy LP(NTI) for $775 million. This acquisition included the St. Paul Park Refinery which increased Western's refining barrel capacity by 89,500 barrels per day. It also acquired pipeline access to Bakken and Canadian crude oil plus product ...
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