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 »
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 »
Pennsylvania’s gas lines will take decades to replace, cost billions
“The utilities, for some time, they forgot about these pipes. They thought they’d last forever,” said Mohammad Najafi, an engineer at the University of Texas at Austin. 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 »
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 »
ONEOK buys Chevron NGL pipelines for $800 million
The deal gives the company 2,600 miles of natural gas liquid gathering pipelines from southeast New Mexico to Mont Belvieu. More »
Williams Cos. offers better terms for merger
Under the deal, Tulsa, Oklahoma-based Williams will bring Oklahoma City-based Access Midstream Partners LP under the Williams Partners LP name. More »
Phillips to move assets to MLP in $340 million deal
Phillips 66 will send two crude oil rail facilities and pipeline assets to its midstream master limited partnership in a $340 million deal, the companies announced today. More »
FERC highlights New England gas markets as winter approaches
As the country heads toward winter, an analysis by Federal Energy Regulatory Commission warned that infrastructure constraints in New England could send the region’s natural gas prices soaring from recent lows to among the highest in the world for a second year. More »
Crestwood says strong demand for New England pipeline
The Houston company says it has received hundreds of millions of cubic feet per day in natural gas commitments for the 30-mile pipeline. More »
Kinder Morgan picks Pemex subsidiary for Tennessee-to-Texas pipeline project
Kinder Morgan has closed a solicitation period for shipping contracts along its South System Flexibility Project with a commitment from the natural gas arm of Petróleos Mexicanos. More »
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