Long-term agreements were executed for development of new 416-mile, 24-inch diameter pipeline to transport crude oil and condensate from company’s Midland, Texas, terminal to its Sealy storage facility near Houston.
The natural gas pipeline's largest customers will be two Florida electric utilities – Duke Energy Florida and Florida Power & Light Co. – which contracted to buy capacity for 25-year initial terms.
Enable Midstream Partners LP completed the $80 million acquisition of natural gas gathering assets in Texas Panhandle from Monarch Natural Gas LLC. The assets are supported by 35,000 net acres.
Enterprise Products Partners LP (NYSE: EPD) today announced it has executed long-term agreements that support development of a new 416-mile, 24-inch diameter pipeline to transport crude oil and condensate.
PBF Energy Inc. (NYSE: PBF) is in discussions with its affiliated MLP to drop-down assets to increase the partnerships EBITDA, the company said April 30.
Plans to transport natural gas to multibillion-dollar shipping terminals proposed by companies like Royal Dutch Shell Plc become favorable in British Columbia as pipeline builders sign no-crude commitments.
An agreement and merger plan under which Regency Energy Partners becomes wholly owned subsidiary of Energy Transfer Partners was approved. The agreement and merger plan is from Jan. 25.
Enbridge Pipelines Inc., TransCanada Corp. and Kinder Morgan Canada signed a joint industry partnership to research aerial-based leak detection technologies for pipeline safety. Various technologies will be tested.
Aliko Dangote, with $15 billion net worth, plans to build two subsea 550-kilometer (341-mile) pipelines from oil/gas producing Niger River Delta to Lagos, Bloomberg said.
The expansion adds 55,000 barrels per day to Peace Pipeline system, alleviating volume constraints and contribute to the fee-for-service-based cash flow stream, said Jason Wiun, vice president for conventional pipelines.
Energy sector not “selling cigarettes,” needs to project its powerful, positive message of raising living standards, midstream giant’s CEO tells peers.
Enterprise won $2.2 million in reimbursed lease payments, and $1.5 million in legal fees. Enterprise said ETP lowered pipeline pressure in portion of the pipe it deliberately didn’t maintain.