Hartree Partners completed the acquisition of Third Coast Midstream's crude oil storage business.

Hartree Partners, a global merchant commodities firm, through its subsidiary HCS Holdings, completed the acquisition of the crude oil storage business from Third Coast Midstream, a full-service midstream company. Financial terms were not disclosed. "Third Coast Midstream is pleased to announce the sale of AMID Crude Oil Storage to Hartree. We are confident that Hartree is well-positioned to further optimize these storage assets as Third Coast Midstream continues to execute on its plans to divest non-core assets and focus on its core Gulf of Mexico midstream business," Matt Rowland, Third Coast Midstream President and Chief Executive Officer.