3 days ago · ONEOK's and MPLX's share of the total investment in the export terminal is expected to be approximately $700 million each for a total of $1.4 billion. The export terminal will leverage Marathon's existing location and infrastructure providing …

3 days ago · TULSA, Okla., Feb. 4, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) and MPLX LP (NYSE: MPLX) have entered into definitive agreements to form joint ventures to construct a new large-scale 400,000 ...

2 days ago · ONEOK, Inc. and MPLX LP have entered into definitive agreements to form joint ventures to construct a new large-scale 400 000 bpd liquefied petroleum gas (LPG) export terminal in Texas City, Texas, US and a new 24 in. pipeline from ONEOK's Mont Belvieu, Texas, storage facility to the new terminal.

Jan 28, 2025 · ONEOK, Inc., and MPLX LP have entered into definitive agreements to form joint ventures to construct a new large-scale 400,000-barrel per day (“bpd”) liquefied petroleum gas (“LPG”) export terminal in Texas City, Texas, and a new 24-inch pipeline from ONEOK's Mont Belvieu, Texas, storage facility to the new terminal. "We are excited to collaborate with MPLX on these strategically ...

3 days ago · Oneok and MPLX (MPLX) have entered into definitive agreements to form joint ventures to construct a new large-scale 400,000-barrel per day liquefied petroleum gas export terminal in Texas City ...

3 days ago · ONEOK will contribute around $280m and MPLX around $70m towards the total investment in the pipeline, amounting to a combined total of $350m. The share of capital investment for these projects for ...

3 days ago · The joint venture, Texas City Logistics LLC (TCX), is split evenly between ONEOK and MPLX, with MPLX handling construction and operations. The project, expected to be completed by early 2028, represents a total investment of $1.4 billion, with each company contributing $700 million. The terminal will utilize Marathon's existing infrastructure ...

3 days ago · ONEOK's and MPLX's will each invest $700 million in the Texas City export terminal, for a total of $1.4 billion. The export terminal will leverage Marathon Petroleum's existing location and infrastructure “providing construction timing and cost benefits,” according to ONEOK. MPLX is a midstream MLP formed by Marathon in 2012.

2 days ago · ONEOK’s and MPLX’s share of the total investment in the export terminal is expected to be approximately $700 million (€672 million) each for a total of $1.4 billion (€1.3 billion). The export terminal will leverage Marathon’s existing location and infrastructure providing construction timing and cost benefits.

3 days ago · ONEOK, Inc. and MPLX LP have finalized agreements to form joint ventures for the construction of a large-scale, 400,000-barrel-per-day (bpd) liquefied petroleum gas (LPG) export terminal in Texas City, Texas, and a new 24-inch pipeline connecting ONEOK’s Mont Belvieu storage facility to the terminal.