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One of the sector’s most-experienced and best-known CEOs shares personal insights on the downturn and managing for the future.
Magellan Midstream is working to sell a 35% stake in a new business unit which will contain the Longhorn pipeline and some storage assets, Reuters reported citing unnamed sources.
The Permian Basin and to a lesser extent the Eagle Ford and Marcellus shales promise a healthier environment for oilfield service providers, says Moody’s analysts in a recent report on the sector.