Enterprise Product Partners – Page 2

Enterprise Weighs Another Permian Long-Haul Crude Pipeline

January 24, 2019

From Argus Media Enterprise Products Partners is weighing another long-haul crude pipeline from the Midland basin to Houston, Texas. “We are right now socializing it and talking to customers,” said Enterprise senior vice president of liquids hydrocarbons marketing Brent Secrest on the sidelines of the Argus Americas Crude Summit conference in Houston. Secrest but did not give any further details about the

Enterprise and American Midstream to Optimize Gulf Coast Assets

August 23, 2018

Enterprise and American Midstream to Optimize Gulf Coast Assets

First 2-Million-Barrel Supertanker Arrives at Enterprise Products Partners Terminal

April 30, 2018

From Bloomberg Crude oil shipment would be biggest ever from the port Offshore terminal LOOP recently began exporting cargoes A 2 million barrel-carrying supertanker arrived for the first time at a jetty in Texas City as surging U.S. oil output drives up incentives to export. The Nave Quasar, a Very Large Crude Carrier, signaled from the jetty at the Gulf

Enterprise Products Expanding Capacity in the Permian

January 3, 2018

Enterprise Products Partners L.P. (ticker: EPD) announced that the partnership plans to add 300 MMcf/d of incremental capacity to its cryogenic natural gas processing facility under construction near Orla, Texas in Reeves County. The addition of a third processing train at Orla would increase inlet volume capacity to 900 MMcf/d and allow Enterprise to expand its NGL extraction capabilities by

Enterprise Products Plans to Convert NGL Pipeline to Crude Oil

December 6, 2017

Enterprise Products Partners L.P. (ticker: EPD) plans to convert one of its NGL pipelines to carry crude oil from the Permian Basin to Enterprise’s crude oil hub in the Houston area. The conversion is expected to be completed in the first half of 2020. This pipeline conversion would provide the partnership with total crude oil pipeline capacity of over 650,000

Enterprise Declares Quarterly Distribution Increase

October 1, 2015

Enterprise Declares 45th Consecutive Quarterly Distribution Increase; Enterprise Products Company Intends to Reinvest $50 Million of November Distributions HOUSTON–(BUSINESS WIRE)– Enterprise Products Partners L.P. (EPD) (“Enterprise”) announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution paid to partners to $0.385 per common unit, or $1.54 per unit on an annualized

Enterprise Increases Credit Facility

September 16, 2015

Enterprise Increases Capacity of Bank Credit Facilities by $500 Million to $5.5 Billion Enterprise Products Partners L.P. (NYSE:EPD) (“Enterprise”) announced today that its operating subsidiary, Enterprise Products Operating LLC (“EPO”), increased its bank credit facilities by $500 million to provide the company with up to $5.5 billion of aggregate borrowing capacity. The facilities consist of an amended $4.0 billion multi-year

Enterprise Products Partners: $1.5 Billion Midstream Asset Sale Finances Purchase of Eagle Ford Midstream

July 16, 2015

Divested Assets Worth 3% of EPD’s Gross Operating Margin Enterprise Products Partners (ticker: EPD), the largest master limited partnership in EnerCom’s MLP Scorecard Benchmarking Report, has sold its offshore Gulf of Mexico pipelines and services business to Genesis Energy LP (ticker: GEL) for $1.5 billion. The assets consist of 2,350 miles of offshore crude oil and natural gas pipelines and

Enterprise Expands Propylene Pipeline System

July 9, 2015

Enterprise Expands Propylene Pipeline System; Converting North Dean and Lou-Tex Pipelines to Polymer Grade Service Enterprise Products Partners L.P. (EPD) today announced a series of projects to convert and expand segments of its petrochemicals pipeline network designed to increase throughput capacity for polymer grade propylene (“PGP”) and enhance system flexibility and reliability. • North Dean pipeline conversion and expansion –

Enterprise Completes Acquisition of Eagle Ford Assets

July 8, 2015

Enterprise Completes Acquisition of Eagle Ford Midstream Assets Enterprise Products Partners L.P. (EPD) today announced it has closed on its purchase of the member interests in EFS Midstream LLC (“EFS Midstream”) from affiliates of Pioneer Natural Resources Company (“Pioneer”) and Reliance Holding USA Inc. (“Reliance”). The purchase price of $2.15 billion is being paid in two installments. The first installment

Enterprise Increases Distributions

July 7, 2015

Enterprise Declares Distribution; 44th Consecutive Quarterly Distribution Increase Enterprise Products Partners L.P. (EPD) announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution paid to partners to $0.38 per common unit, or $1.52 per unit on an annualized basis. The quarterly distribution will be paid on Friday, August 7, 2015, to

Enterprise Pays $2.15 Billion for Eagle Ford Pipeline Assets

June 1, 2015

Bolt-on acquisition extends Enterprise’s infrastructure into the Eagle Ford Enterprise Product Partners (ticker: EPD) announced today that it agreed to purchase all member interest in EFS Midstream LLC from affiliates of Pioneer Natural Resources (ticker: PXD) and Reliance Industries (ticker: RIL) for $2.15 billion. The purchase price will be paid in two installments with the first payment of $1.15 billion

Premium Content