Plains to buy half of BridgeTex in $1.1 billion deal
The pipeline is a major artery for the basin with a capacity of 300,000 barrels per day of crude. More »
Plains All American profits up 40 percent
Plains All American said its third-quarter profit shot up 40 percent, but the company was cautious in setting its 2015 goals More »
CenterPoint Energy profits dip slightly
CenterPoint Energy’s businesses posted higher operating costs and electricity distribution suffered due to milder weather. More »
Cool temperatures cut into NRG’s 2014 results, as the company bets on home solar
In a call Wednesday, executives at NRG Energy discussed third-quarter results held back by a cool summer before offering a very hot projection for growth in the company’s home solar business. More »
NRG adds some power to transmission line debate
NRG Energy has begun building a new power plant in the Houston area, and says the region doesn’t need a proposed new transmission line that would bring power in from plants elsewhere in the state. More »
Targa profits double in third quarter, led by NGLs
Targa Resources Partners said it saw more volume and fees from its natural gas liquid business. More »
Profits up at Enbridge in the third quarter
Enbridge Energy Partners said that profits jumped in the quarter as the company delivered record quantities of oil in Canada and North Dakota. More »
Exxon sees profit rise on refining strength
Exxon CEO Rex Tillerson said that the earnings growth was “driven by higher margins and improved operations in the downstream and chemical businesses.” More »
Enterprise Products posts higher profits in Q3
The Houston-based MLP reported higher fees in some sectors and an increase in crude volume moving through its pipelines. More »
ConocoPhillips considers spending cuts in face of falling oil prices
The largest independent said both production and profits rose in the third quarter, but warned it may begin to pull back its budgets in 2015 as prices fall. More »
Shell Midstream surges in early trading
Shell’s midstream initial public offering took flight early Wednesday, gaining more than 40 percent shortly after trading started. More »
Noble Energy sees net income double in Q3
Noble Energy said it hit a sales volume record while prices remained high, though the company missed analysts’ expected earnings per share. More »
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