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Texas terminals prepare to export oil

Bloomberg Yet another Texas terminal is preparing to export oil, even as the pandemic continues to hammer global demand for US crude. Buckeye Partners LP expects to start loading ships with oil for export in the second half of July, after receiving crude at its South Texas Gateway terminal in the Port of Corpus Christi about a month earlier than ...

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Pompeo opts for pettiness

Secretary of State Mike Pompeo offered a telling explanation of why he fired Steve Linick last month as one of the inspectors general who are charged with keeping the federal government honest. “They work for the agency head — that’s me — and they are supposed to deliver and help make that organisation better,” Pompeo told reporters. “My mistake was ...

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Ocado use its $1.3b windfall wisely

One of the talents of Tim Steiner, chief executive officer of Ocado Group Plc, is knowing how to negotiate from a position of strength. Over the past decade, the UK-based trailblazer for online grocery sales has been able to clinch contracts with British food retailers Wm Morrison Supermarkets Plc and Marks & Spencer Group Plc, offering digital capabilities just when ...

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