Enterprise Products Partners LP Company News

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Enterprise to Ship More Permian Crude to Texas Gulf Coast
Wednesday, December 06, 2017 Enterprise says it will have more than 650,000 bpd of total crude pipeline capacity from Permian to Houston-area hub.

Colonial Partners With Enterprise For Fuel Exports From Beaumont Terminal
Tuesday, October 10, 2017 Colonial Pipeline and Enterprise Products Partners said they have partnered to boost exports from the Beaumont refined oil products terminal in Texas.

Pompano Gas Production Ramps Up Again
Tuesday, July 26, 2016 Stone Energy ramps up production from the Pompano platform in US Gulf of Mexico following shut-in related to explosion at processing facility in Mississippi.

Fire at Mississippi gas plant halts US Gulf Coast platforms
Tuesday, June 28, 2016 At least two offshore oil platforms halt operations in the US Gulf of Mexico after a fire at a natural gas processing plant in Mississippi shut a crucial pipeline that brings output onshore, several companies say.

Crude Ban Too Late To Reverse Fortunes in the Oil Patch?
Tuesday, December 29, 2015 Enterprise Products Partners readies its first crude export load, but lifting on restrictions has little impact as oil prices remain in the doldrums.

Genesis Buys Enterprise Offshore Pipelines for $1.5 Billion
Thursday, July 16, 2015 Genesis Energy agrees to buy the offshore Gulf of Mexico pipeline and service business of Enterprise Products Partners LP for about $1.5 billion in cash.

Enterprise Products Wins Verdict against Energy Transfer Partners
Friday, April 24, 2015 A Houston district court jury finds Energy Transfer Partners breached its contract with competitor Enterprise Products Partners LP.

U.S. FERC Judge Rules Seaway Crude Oil Pipeline Rates Too High
Monday, September 16, 2013 A U.S. Federal Energy Regulatory Commission judge has ruled that the rates on the Seaway pipeline were too high, landing an initial victory for crude oil shippers in a long-running legal battle.

Enterprise, Genesis to Jointly Build GOM Pipeline
Wednesday, January 04, 2012 Enterprise and Genesis have executed crude oil transportation agreements with a consortium of 6 GOM producers which will provide the necessary support for construction of a new crude oil gathering pipeline serving the Lucius development.

Independence Trail to Carry Gas Volumes from Who Dat
Tuesday, March 29, 2011 Enterprise, LLOG Exploration and LLOG Deepwater Development announced they have executed interconnect and transportation agreements for natural gas production from four blocks in the Mississippi Canyon area of the GOM, including LLOG's Who Dat Field.

Enterprise Increases Quarterly Cash Distribution Rate
Thursday, October 14, 2010 Enterprise announced that the board of directors of its general partner declared an increase in the quarterly cash distribution rate.

Enterprise Products Elects CEO
Monday, September 27, 2010 Enterprise announced that A.J. "Jim" Teague was elected chief operating officer of Enterprise Products Partners.

Enterprise Cites 'Solid' Operating, Financial Results for 2Q10
Monday, July 26, 2010 "Enterprise reported solid operating and financial results for the second quarter of 2010," said Michael A. Creel, president and chief executive officer of Enterprise.

Enterprise Increases Cash Distribution Rate
Wednesday, July 14, 2010 Enterprise Products Partners declared an increase in the quarterly cash distribution rate paid to partners to $0.575 per common unit.

Enterprise Expands Eagle Ford Shale Capabilities with Construction Proj.s
Wednesday, June 30, 2010 Enterprise announced several new construction projects that will further extend and expand its natural gas and natural gas liquids (NGL) infrastructure in Texas to accommodate growing production volumes from the Eagle Ford Shale play.

Enterprise Family of Partnerships Restructures BOD Members
Monday, May 24, 2010 Enterprise, Duncan Energy and Enterprise GP Holdings announced they have realigned the responsibilities of several management directors serving on the boards of their respective general partners.

Enterprise Expands Facility in Eagle Ford Shale
Monday, May 24, 2010 Enterprise announced an expansion of its network of crude oil and natural gas assets in South Texas as part of a letter of intent (LOI) signed with a major Eagle Ford Shale producer.

Enterprise Prices $2B of Senior Notes
Wednesday, May 12, 2010 Enterprise's subsidiary has priced a public offering of $400 million of senior unsecured notes due 2015; $1.0 billion of senior unsecured notes due 2020 and $600 million of senior unsecured notes.

Enterprise Inks LNG Fractionation Services Contract
Thursday, May 06, 2010 Enterprise Products announced that its operating subsidiary, Enterprise Products Operating LLC, has entered into a six-year agreement to provide Anadarko Energy Services Company with natural gas liquid (NGL) fractionation services.

Enterprise Grieves Loss of Chairman Dan L. Duncan
Tuesday, March 30, 2010 Chairman Dan L. Duncan passed away on March 28, 2010 at his home in Houston. Mr. Duncan co-founded Enterprise Products Company in 1968 and took Enterprise Products Partners public in July 1998.

Enterprise Officers Named to 2010 All-America Executive Team
Wednesday, February 17, 2010 Enterprise's CFO and IR Officer have been added to the Institutional Investor's 2010 All-America Executive Team.

EPP Reports Sale of Additional Common Units
Tuesday, January 12, 2010 Enterprise Products Partners announced that the underwriters of its recent common unit offering have exercised their full over-allotment option to purchase 1,425,000 additional common units.

Enterprise Names Senior VP, Crude Oil & Offshore
Tuesday, January 12, 2010 Enterprise Products Partners announced that Mark A. Hurley has been named senior vice president of the partnership's Crude Oil & Offshore business unit and will officially assume his new duties March 1, 2010.

EPP Prices Public Offering of Units
Thursday, January 07, 2010 Enterprise Products Partners L.P. has priced a public offering of 9,500,000 common units representing limited partner interests at a public offering price of $32.42 per common unit.

Enterprise Updates on Eagle Ford Shale Pipeline Projects
Friday, December 04, 2009 Enterprise has provided an update on two pipeline projects currently under construction that are expected to provide in excess of 200 million cubic feet per day from the Eagle Ford Shale formation in the first quarter of 2010.

Enterprise Increases Capacity of Haynesville Extension Project
Wednesday, November 18, 2009 Enterprise Products Partners and Duncan Energy Partners have received additional firm transportation commitments sufficient to support an increase in the capacity of its recently announced Haynesville Extension project.

Independence Hub Ramps Back Up to Pre-Shut Levels
Friday, November 13, 2009 Anadarko reported Friday that the Independence Hub is producing at pre-shut in rates near 700 million cubic feet per day of natural gas.

UPDATE: Rough Seas Delay Gulf Production Activities
Wednesday, November 11, 2009 Oil companies are continuing to fly workers back to offshore installations in the Gulf of Mexico, but still-rough currents are causing some delay, potentially stretching returns into Thursday.

UPDATE: Producers Take Heed as Storm Targets Oil Patch
Monday, November 09, 2009 Several major oil companies in the Gulf of Mexico have shut-in production and evacuated workers as tropical storm Ida heads for the offshore oil patch today.

Enterprise Prices $1.1 Billion of Senior Notes
Thursday, September 24, 2009 Enterprise has priced a public offering of $500 million of senior unsecured notes due 2020 and $600 million of senior unsecured notes due 2039.

Enterprise Products Partners Prices $500MM of Senior Notes
Monday, June 01, 2009 Enterprise has priced a public offering of $500 million of senior unsecured notes due 2012.

Enterprise Declares 19th Consecutive Quarterly Cash Distribution Increase
Wednesday, April 15, 2009 Enterprise Products Partners L.P. announced that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.5375 per common unit, or $2.15 per unit on an annualized basis.

Enterprise's Deepwater Oil Pipeline Begins Serving Shenzi Field
Thursday, April 02, 2009 Enterprise Products Partners announced that construction of its crude oil pipeline serving the BHP Billiton-operated Shenzi field in the Gulf of Mexico has been completed, and is now transporting production from the deepwater discovery.

Enterprise Declares Increase in Quarterly Cash Distribution
Thursday, January 08, 2009 Enterprise Products Partners announced that the board of directors of its general partner declared an increase in its quarterly cash distribution rate.

Duncan Commits to Buy $65MM of Enterprise Products Common Units
Wednesday, January 07, 2009 Enterprise Products has announced that Dan L. Duncan, its founder and chairman of the board of directors of its general partner, has committed to reinvest $65 million of Enterprise distributions.

Enterprise Products Makes Public Offering of Units
Tuesday, January 06, 2009 Enterprise Products announced the commencement of a public offering of 8,600,000 common units representing limited partner interests.

Enterprise's GOM Offshore System Pipeline Resumes Full Service
Tuesday, December 30, 2008 Repairs have been completed on Enterprise's High Island Offshore System pipeline that was severed during Hurricane Ike in September 2008.

Tight Credit Threatens Pipeline Expansion
Monday, December 29, 2008 Steady expansion for pipeline companies is grinding to a halt as tight credit makes it harder to raise construction money, potentially limiting their ability to bring new supplies of natural gas to market.

White River Hub On Stream, Provides Rockies Producers Greater Access
Wednesday, December 17, 2008 Questar and Enterprise announced that operations have commenced at the White River Hub located in Colorado. The hub will provide Rockies producers with greater access to markets served by pipelines in the Piceance and Uinta Basins.

Ultra-Deepwater Independence Named Engineering Project of the Year
Thursday, December 11, 2008 The ultra-deepwater Independence project in the Gulf of Mexico has been recognized as the Engineering Project of the Year by Platts.

Enterprise Products Partners Prices $500MM of Senior Notes Due 2014
Thursday, December 04, 2008 Enterprise's operating subsidiary has priced a public offering of $500 million of senior unsecured notes due 2014.

Enterprise Executes $593MM of Credit Facilities
Tuesday, November 18, 2008 Enterprise's operating partnership has executed two senior unsecured credit facilities that provide the partnership with approximately $593 million of incremental borrowing capacity.

Enterprise Increases Quarterly Cash Distribution Rate
Wednesday, October 08, 2008 Enterprise announced that the board of directors of its general partner declared an increase in its quarterly cash distribution rate to partners to $0.5225 per common unit, or $2.09 per unit on an annualized basis.

Enterprise Pushes Forward in Restoring Production Facilities to Normal
Friday, September 26, 2008 Enterprise announced that the partnership continues to move forward in returning its facilities to normal operations and assessing the full impact of Hurricane Ike to its onshore and offshore assets.

Gustav Path Includes More, Bigger Oil, Gas Gulf Platforms
Friday, August 29, 2008 Tropical Storm Gustav will have more and bigger offshore energy targets to hit than the 2005 hurricanes did, should the storm stick to its projected path through the central Gulf of Mexico.

Enterprise to Construct New Natural Gas Pipeline in Barnett Shale Region
Thursday, August 28, 2008 Enterprise announced that it will construct a pipeline that will transport new supplies of natural gas produced from the Barnett Shale in Tarrant and Denton Counties, Texas to the Sherman Extension pipeline.

TDW Completes Subsea Services on GOM's Independence Trail Pipeline
Wednesday, August 27, 2008 TDW Offshore Services has successfully completed a key subsea FlexJoint isolation operation on the Independence Trail natural gas pipeline for Enterprise Products Partners L.P. in the Gulf of Mexico.

Independence Hub Resumes Operations
Friday, August 08, 2008 The Independence hub, a key natural gas production platform in the Gulf of Mexico, has resumed operations Friday following storm delays.

Enterprise, Duncan Unveil Organizational Changes
Monday, July 28, 2008 The general partners of Enterprise Products Partners L.P. and Duncan Energy Partners L.P. have announced organizational changes to their commercial management teams.

GOM's Independence Hub Due for Planned Maintenance
Wednesday, July 16, 2008 The Independence Hub, the deepest platform in the Gulf of Mexico and the largest offshore natural gas processing facility, will be shut in for brief maintenance.