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Enterprise Offering Additional Capacity on Aegis Ethane Pipeline System
Enterprise Products Partners L.P. (NYSE:EPD) today announced it will be conducting a binding open commitment period to gauge shipper support for a proposed expansion of the Aegis pipeline. The 270-mile Aegis system is designed to transport purity ethane from Enterprise’s Mont Belvieu, Texas liquids storage complex to petrochemical facilities in Texas and Louisiana.

date.png06 Nov 2015 08:00 | comments.png 0 Comments | tags.png enterprise ethane n-america pipeline usa [ More ]

Enterprise to Sell Offshore Gulf of Mexico Business to Genesis
Enterprise Products Partners L.P. (NYSE:EPD) today announced that it has executed definitive agreements to sell its offshore Gulf of Mexico pipelines and services business, which primarily consists of its Offshore Pipelines & Services business segment to Genesis Energy, L.P. (“Genesis”) for approximately $1.5 billion in cash. The transaction is expected to close during the third quarter of 2015. Enterprise’s offshore assets include its ownership interest in nine crude oil pipeline systems with more than 1,100 miles of pipeline; nine natural gas pipeline systems totaling approximately 1,200 miles of pipeline; and its ownership interest in six offshore hub platforms.

date.png21 Jul 2015 08:47 | comments.png 0 Comments | tags.png enterprise genesis gofm n-america pipelines usa [ More ]

Enterprise Signs Additional Commitment for Aegis Ethane Pipeline
Enterprise Products Partners L.P. (NYSE:EPD) today announced it has executed a long-term agreement for incremental ethane transportation capacity on the partnership’s Aegis pipeline. With this agreement, total capacity commitments for the Aegis pipeline will ramp up over the next four years to more than 300,000 barrels per day ("BPD").

date.png14 Jul 2015 10:48 | comments.png 0 Comments | tags.png enterprise n-america pipeline usa [ More ]

Enterprise to Build New Crude Oil and Condensate Pipeline from Midland to Houston
Enterprise Products Partners L.P. (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 from the company’s Midland, Texas terminal to its Sealy storage facility west of Houston. From Sealy, the new pipeline would link to Enterprise’s ECHO terminal through an interconnect with the Rancho II pipeline, which is scheduled to be in service in July 2015. Through ECHO, customers will have direct access to every refinery in Houston, Texas City, Beaumont and Port Arthur, as well as Enterprise’s dock facilities.

date.png01 May 2015 09:11 | comments.png 0 Comments | tags.png enterprise n-america pipeline usa [ More ]

Enterprise Products Increases Loading Capacity at Houston Ship Channel LPG Export Terminal
Enterprise Products Partners L.P. (NYSE:EPD) today announced the recent completion of an expansion project at its liquefied petroleum gas (“LPG”) export terminal at the Houston Ship Channel, which will increase the facility’s capacity for loading fully refrigerated, low-ethane propane to 9 million barrels (“MMBbls”) per month. Enhancements to existing refrigeration infrastructure, designed to add 2,500 barrels per hour (“BPH”) or 1.5 MMBbls per month of incremental loading capacity, will allow Enterprise to accommodate an additional three ships per month.

date.png15 Apr 2015 14:24 | comments.png 0 Comments | tags.png enterprise n-america terminal usa [ More ]

Enterprise Offering Additional Capacity on Aegis Ethane Pipeline System
Enterprise Products Partners L.P. (NYSE:EPD) today announced the start of a supplemental binding open commitment period to determine shipper demand for incremental capacity being added on the Aegis pipeline between Mont Belvieu, Texas and the Napoleonville, Louisiana area along the Mississippi River corridor. The 270-mile Aegis pipeline system is designed to transport purity ethane from Enterprise’s Mont Belvieu, Texas liquids storage complex to petrochemical facilities in Texas and Louisiana.

date.png15 Apr 2015 14:21 | comments.png 0 Comments | tags.png enterprise ethane n-america pipeline usa [ More ]

Enterprise to Move Forward with Panola NGL Pipeline Expansion after Successful Open Season
Enterprise Products Partners L.P. (NYSE:EPD) today announced that shipper commitments received during a recent binding commitment period will support its proposed expansion of the Panola Pipeline Company, LLC natural gas liquids (“NGL”) system. The 181-mile system originates near Carthage, Texas and extends to Mont Belvieu, Texas where it serves multiple destination points, including facilities owned and operated by Enterprise.

date.png26 Jan 2015 08:16 | comments.png 0 Comments | tags.png enterprise n-america pipeline usa [ More ]

Enterprise Announces Results of Proposed Crude Oil Pipeline Open Season
Enterprise Products Partners L.P. (NYSE:EPD) today announced that the partnership has decided not to move forward with development of its proposed Bakken-to-Cushing crude oil pipeline. Commitments received from potential shippers during the recent open season were not sufficient to support the project.

date.png16 Dec 2014 08:07 | comments.png 0 Comments | tags.png enterprise n-america pipeline usa [ More ]

Enterprise Products and Oiltanking Partners Announce Merger Agreement
Enterprise Products Partners L.P. (NYSE:EPD, “Enterprise”) and Oiltanking Partners, L.P. (NYSE:OILT, “Oiltanking Partners”) announced today that Enterprise and Oiltanking Partners have entered into a merger agreement. Under the terms of the merger agreement, Oiltanking Partners would merge with a subsidiary of Enterprise in a unit-for-unit exchange. Unitholders of Oiltanking Partners (other than Enterprise and its subsidiaries) would receive 1.3 Enterprise common units for each Oiltanking Partners common unit. This exchange ratio represents a 5.6 percent premium to Oiltanking Partners unitholders based on the respective closing prices for Enterprise and Oiltanking Partners common units on September 30, 2014, the day before the merger was originally proposed. Relative to the respective closing prices for Enterprise and Oiltanking Partners common units on November 10, 2014, the day before the parties entered into the merger agreement, the 1.3 exchange ratio represents a 10.4 percent premium to Oiltanking Partners unitholders. Based on the latest cash distribution declared by Enterprise and Oiltanking Partners with respect to the third quarter of 2014, this exchange ratio would result in a 74 percent increase in cash distributions for Oiltanking Partners unitholders.

date.png14 Nov 2014 06:46 | comments.png 0 Comments | tags.png enterprise n-america storage usa [ More ]

Plains All American and Enterprise Products Announce Eagle Ford Joint Venture Pipeline Expansions, New Terminal
Plains All American Pipeline, L.P. (NYSE: PAA) and Enterprise Products Partners L.P. (NYSE: EPD) today announced that they are constructing a new condensate gathering system into their Three Rivers terminal and doubling the mainline capacity on the Eagle Ford Joint Venture (JV) Pipeline from Three Rivers to Corpus Christi. These expansions are supported by a long-term production commitment and are expected to be placed into service in the third quarter of 2015.

date.png05 Nov 2014 06:41 | comments.png 0 Comments | tags.png enterprise n-america paalp pipeline usa [ More ]
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