Sunday, September 14, 2025

Martin Midstream MMLP Divests Mega Assets to Stone Oil

Martin Midstream Partners L.P. MMLP announced the divestment of some of the assets related to its Mega Lubricants (or Mega) onshore terminals business to John W. Stone Oil Distributor, LLC, (“Stone Oil”) in a $22.4-million deal. As an integrated manufacturing and delivery business, Mega Lubricants is actively engaged in blending, producing and offering a variety of marine application lubricants, sub-sea specialty fluids,

Commodities 2021: Alaska’s North Slope operators on track with two projects

S&P Anchorage — Despite a lackluster outlook for crude oil prices, North Slope operators are on track with two major projects in 2021 that could add 200,000 b/d of new production moving through the Trans Alaska Pipeline System by 2025. The projects would help bolster Alaska’s crude production, which has declined to roughly 440,000 b/d in 2020 from nearly 1 million