Meritage Midstream Services II LLC of Golden and Arch Coal Inc., the second largest coal producer in the United States, have announced plans to build a new rail terminal in Wyoming to move crude oil out of the state.
Meritage and Arch (NYSE: ACI), based in St. Louis, said late Wednesday that the two have signed a letter of intent to create a joint venture called Black Thunder Terminal LLC.
The two will work together to develop a rail terminal to provide crude oil handling, storage, rail loading…
Meritage Midstream Services II LLC of Golden and Arch Coal Inc., the second largest coal producer in the United States, have announced plans to build a new rail terminal in Wyoming to move crude oil out of the state.
Meritage and Arch (NYSE: ACI), based in St. Louis, said late Wednesday that the two have signed a letter of intent to create a joint venture called Black Thunder Terminal LLC.
The two will work together to develop a rail terminal to provide crude oil handling, storage, rail loading…