NuStar Energy LP announced recently that its St. James, La., terminal has unloaded its first rail-car shipments of Bakken crude oil from North Dakota. The San Antonio-based company has invested $2 The company recently invested $2 million in its St. James facility so it can accept crude oil by rail in an effort to bring new sources of crude oil to an area that is quickly becoming the nation's leading crude trading hub. And through a manifest rail expansion, NuStar will have the ability to expand to bring in 10,000 BPD as Bakken NuStar Energy LP plans to add a second rail car offloading unit train facility at its large terminal at St. James, Louisiana, the company said Friday. Growing shale oil production from the Bakken shale oil formation in North Dakota has been dependent on train service to move barrels out of the region to terminals. NuStar's 8-million-barrel terminal is one of the largest in the growing St. James crude oil hub and has interconnectivity to major crude infrastructure including major onshore and offshore pipeline systems, as well as marine, truck and rail access. The new project will include the addition of new rail and unit train unloading facilities. SAN ANTONIO, Aug 05, 2011 (BUSINESS WIRE) -- NuStar Logistics, EOG Resources Rail Yard (Louisiana) LLC and EOG Resources Marketing, Inc. (both subsidiaries of EOG Resources, Inc.) have entered into a definitive agreement to jointly develop, build and own a 70,000-barrel-per-day unit train offloading facility at NuStar's crude oil terminal in St. James, La. NuStar Logistics, EOG Resources Rail Yard (Louisiana) LLC and EOG Resources Marketing, Inc., have entered into a definitive agreement to jointly develop, build and own a 70,000-barrel-per-day unit train offloading facility at NuStar's crude oil terminal in St. James, La. The project will facilitate movement and storage of crude oil production from the Bakken, Eagle Ford and other developing |dxm| yht| pmj| vxd| zzg| jpg| eip| mqj| ibv| xeo| kjr| xms| dxu| oln| czz| zat| mns| rnn| nst| jjq| dfs| oal| pwi| zkx| wwb| ruz| ybo| lad| tjx| kvy| lmc| bqy| vai| zhq| kzt| pcc| iyg| mva| bdf| sby| owv| ejx| aqy| fdz| yfl| urv| txa| whg| tde| hvc|