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Occidental Petroleum Announces Sale of Interest in BridgeTex Pipeline Generating Proceeds of $1.15 Billion
-Occidental Petroleum Corporation (NYSE: OXY) today announced the entrance into an agreement with Plains All American Pipeline, L.P. (PAA) and Plains GP Holdings, L.P. (PAGP) to sell its 50 percent interest in BridgeTex Pipeline Company, LLC (BridgeTex) to PAA for $1.075 billion.

date.png06 Nov 2014 20:41 | comments.png 0 Comments | tags.png n-america occidental paalp pipeline 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 ]

Plains All American and Enterprise Products Announce Agreement to Expand Eagle Ford Joint Venture Pipeline
Plains All American Pipeline, L.P. (NYSE: PAA) and Enterprise Products Partners L.P. (NYSE: EPD) today announced they have agreed to expand their Eagle Ford Joint Venture (JV) crude oil pipeline. The expansion will increase the pipeline’s capacity to 470,000 barrels per day of light and medium crude oil grades to accommodate additional volumes expected from PAA’s Cactus pipeline that is currently under construction. The Eagle Ford JV pipeline expansion is expected to cost approximately $120 million and is expected to be in service in the second quarter of 2015.

date.png20 Sep 2013 06:36 | comments.png 0 Comments | tags.png enterprise n-america paalp pipeline usa [ More ]
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