Le Lézard
Classified in: Oil industry
Subject: SVY

Plains All American Ramps Up Capital Spending to Increase Permian Takeaway, an Industrial Info News Alert


SUGAR LAND, Texas, Aug. 9, 2018 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--Plains All American Pipeline LP (Houston, Texas) is boosting its planned capital expenditures (CAPEX) by $650 million for 2018-2019, with the lion's share of that amount to be spent on accelerating oil takeaway capacity from the Permian Basin, company executives said this week Tuesday. Industrial Info is tracking more than $2.5 billion in project activity by the company.

Industrial Info Resources (PRNewsfoto/Industrial Info Resources, Inc.)

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principletm, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

Brian Ford

(713) 980-9393

 

SOURCE Industrial Info Resources, Inc.


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