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The pipeline transports 40 percent of the oil produced in the Bakken region. The $3.78 billion project was announced to the public in June 2014 with construction beginning in June 2016, creating approximately 42,000 jobs with a total of $2 billion in wages. The pipeline was completed in April 2017 and became operational in May 2017.
The Cushing MarketLink pipeline phase started at Cushing, Oklahoma, where American-produced oil is added to the pipeline, then runs south 435 miles (700 km) to a delivery point near terminals in Nederland, Texas, to serve refineries in the Port Arthur, Texas, area. Keystone started pumping oil through this section in January 2014.
Indeed, Inc. is an American worldwide employment website for job listings launched in November 2004. It is an independent subsidiary of multinational company Recruit Holdings . It is headquartered in Austin, Texas , and Stamford, Connecticut , with additional offices around the world. [ 3 ]
In December 2023, BP finalized its purchase of 1,100 acres (450 ha) near Cherry Point from a subsidiary of SSA Marine for $50 million to be used as a buffer for their refinery. The purchase was opposed by the Lummi Nation due to its potential encroachment of the historic Xwe’chi’eXen site, a gathering place for the Lummi people for ...
One of the moves it made around that time (2004) was the sale of two of Canada's largest natural gas straddle plants, and its interest in another to Inter Pipeline Fund for US$540 million. [4] In 2010, the company underwent a major restructuring that included a reorganization of its extensive pipeline holdings in Williams Partners LP. [5]
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