Plains All American plans line
Plains All American Pipeline LP plans to build a $900 million oil pipeline from Cushing to a Valero refinery in Memphis, Tenn., the company announced Thursday. The 440-mile Diamond Pipeline will be able to transport up to 200,000 barrels of oil a day. It also will be able to access Valero’s Collierville pipeline. Valero has until January 2016 to exercise its option to become a partner in the pipeline, which should be completed in late 2016.
HoganTaylor gives OSU $100K
The HoganTaylor Foundation has made a $100,000 commitment to Oklahoma State University to build a team room that encourages students to collaborate in OSU’s new home for the Spears School of Business. HoganTaylor CEO Randy Nail presented the check to OSU President Burns Hargis and OSU Foundation President Kirk Jewell at the public accounting firm’s Tulsa office on Wednesday. The check presentation served as the HoganTaylor’s official announcement of its new foundation, which formed recently to manage the firm’s growing support for the needs of the communities by giving back through sponsorships, grants and volunteer support.
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