CORPUS CHRISTI, Texas — February 1, 2022 – Pin Oak Group, LLC (“Pin Oak” or the “Company”) announced today that the Company’s Board of Managers has appointed Keith M. Casey as Chief Executive Officer, effective today.
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Pin Oak Commissions Interconnections with EPIC, Cactus II, and Flint Hills, Adding Permian & Eagle Ford Capacity at Taft Terminal
Pin Oak Corpus Christi, LLC is pleased to announce today the completion of the Taft 20” Pipeline, which provides the Pin Oak Taft Terminal with interconnections to Flint Hills Resources Midway Station and Cactus II Taft Terminal.
Pin Oak Donates Computers to Local Students in Need Partnering with Comp-U-Dopt
Pin Oak Corpus Christi, LLC announced, through its Diversity and Equality initiative, its collaboration with Comp-U-Dopt, a non-profit organization committed to giving underprivileged families the tools to help narrow the technical divide within communities across the nation. Pin Oak is donating an inventory of technology and resources to Comp-U-Dopt and its platform to supply local families with the much-needed tools to bridge the digital divide, including equal access and opportunity for childhood education needed for remote learning during these challenging times.
Fire Simulation at Pin Oak Terminals Helps Prepare for Real Incident
Pin Oak Terminals held a mock fire drill Wednesday to be ready in case of an emergency at the port.
Pin Oak Loads First Vessel at New Oil Dock
Pin Oak Corpus Christi, LLC received its first vessel Wednesday at the newly commissioned Oil Dock 14 at the Port of Corpus Christi. The new dock can accommodate fully laden bulk liquid tankers up to Suez-max class with loading rates in excess of 40,000 barrels per hour. The Port of Corpus Christi is the primary gateway for American energy exports in the United States.
Pin Oak Secures Interconnection to EPIC and Red Oak Pipelines
Pin Oak Corpus Christi, LLC announced material updates to its growing terminals business in the Corpus Christi market, including new interconnection agreements with EPIC Pipeline and Red Oak Pipeline and commencement of construction on its new crude oil trading hub at Taft.
Pin Oak Acquires Expansion Land in Corpus Christi
POTAC, LLC announced today the acquisition of 236 acres near its terminal in Corpus Christi to further expand its operating capabilities. The newly acquired site is situated adjacent to the Kansas City Southern (“KCS”) main rail line and Corpus Christi rail yard.
Pin Oak, Port of Corpus Christi Sign Agreement to Facilitate Crude Oil and Products Flow to Domestic and Global Markets
POTAC, LLC announced today the execution of a ten year exclusive use agreement for Suezmax vessels at Public Oil Dock 14 with the Port of Corpus Christi, including extension options, exercisable by the Company, which could extend the agreement for up to an additional ten years.
Pin Oak Hires Strike, LLC to Construct Pipeline Connectivity
Pin Oak Corpus Christi, LLC announced today the execution of an Engineering, Procurement, and Construction contract with Strike, LLC to construct nine directionally-drilled pipelines under the Corpus Christi ship channel.
Pin Oak Holdings, LLC to Sell Mt. Airy Terminal to MPLX LP
Pin Oak Holdings, LLC today announced the sale of Pin Oak Terminals, LLC to MPLX LP MPLX, +0.73% for approximately $450 million in cash. As part of the transaction, Pin Oak will retain an economic interest in the facility.
Pin Oak Closes on Acquisition of Gravity Midstream Corpus Christi
Pin Oak Corpus Christi, LLC announced today that it has closed on the acquisition of 100% of the equity interests in Gravity Midstream Corpus Christi, LLC from EnCap Flatrock Midstream, a venture capital firm based in San Antonio.