Saturday, April 18, 2026

Exxon Buys its First Crude Oil Terminal in the Permian 

Terminal is anchored by Exxon Permian assets acquired in January   Exxon Mobil Corporation (ticker: XOM) acquired a crude oil terminal in Wink, Texas from Genesis Energy LP to handle Permian basin crude oil and condensate for transport to Gulf Coast refineries and marine export terminals. The facility is interconnected to the Plains Alpha Crude Connector pipeline system. Exxon said its