Enterprise Products Partners LP Company News

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Houston Oil Benchmark Responds to 2020 'Wake-Up Call'
Tuesday, June 22, 2021The new oil futures contract will trade under the symbol "HOU."

Kinder Morgan Set to Add Clout
Friday, May 28, 2021The company, which gets most of its revenue from pipeline and storage fees, will seek to also gain from buying and selling petroleum products

New Houston Ship Channel Ethylene Tank Begins Service
Wednesday, December 30, 2020Service has begun on a new ethylene storage tank at the Morgan’s Point, Texas, ethylene storage terminal along the Houston Ship Channel.

Pipeline CEO Sees Signal for Higher Oil Prices
Wednesday, October 28, 2020The recovery in demand coupled with US shale retrenchment could lead to higher oil prices as soon as in the second half of 2021, according to a top US pipeline exec.

Texas Oil Pipeline Operators Slash Fees As Demand Plunges
Tuesday, October 06, 2020US oil pipeline operators are slashing fees to encourage customers in Texas to keep using their networks to ship barrels to the Gulf Coast.

Enterprise to Pay 1Q Distribution, Review CapEx Plans
Monday, March 23, 2020This distribution represents a 1.7 percent increase over the one for 1Q 2019.

Seaway Open Season to Run Beyond Valentine's Day
Friday, February 14, 2020Seaway Crude Pipeline Co. LLC has extended a binding open season for a planned system capacity expansion.

Enterprise Products Partners Wins Court Appeal
Tuesday, February 04, 2020The lawsuit is over a proposed pipeline project that was cancelled due to a lack of customer support.

Enterprise Starts Gas Processing Service at East Texas Plant
Thursday, January 23, 2020The facility can process 200 MMcf/d of gas and extract up to 12,000 bpd of natural gas liquids.

New Enterprise Plant Begins Service at Mont Belvieu
Tuesday, January 14, 2020Enterprise Products Partners reported that its new iBDH plant east of Houston recent began service and that volumes should continue ramping up in the next two weeks.

Texas Ethylene Terminal Loads First Cargo
Wednesday, January 08, 2020The first ethylene cargo from Enterprise Products Partners L.P. and Navigator Holdings Ltd.'s new marine terminal near Houston has set sail.

Enterprise Products Partners Expanding ATEX Pipeline
Monday, October 14, 2019The expansion will provide access to attractive markets on the Gulf Coast through Enterprise's integrated midstream network.

Texas Pipeline Expansion Would Avoid Aquifer
Monday, October 07, 2019Enterprise Products Partners plans to expand its Midland to ECHO crude oil pipeline system.

LyondellBasell Anchor Customer for New Enterprise Plant
Friday, September 27, 2019Enterprise Products Partners reported that it will build a second PDH plant at its complex in Mont Belvieu, Texas, bolstered by long-term supply contracts with LyondellBasell Industries.

More Haynesville Gas Headed to Gulf Coast
Friday, September 20, 2019Enterprise Products Partners will expand and extend its Acadian natural gas pipeline system linking the Haynesville Shale to the LNG market in South Louisiana.

Enterprise Breaks Ground on Another NGL Expansion
Wednesday, September 05, 2018Enterprise Products Partners LP begins construction of a new NGL fractionator adjacent to its complex in Mont Belvieu, Texas.

Enterprise Products Partners To Expand Seaway Pipeline Capacity
Wednesday, August 01, 2018Enterprise Products Partners LP says it will expand its Seaway crude pipeline system capacity to about 950,000 barrels per day.

Offshore Texas Oil Terminal Could Load Asia-, Europe-bound VLCCs
Tuesday, July 17, 2018One VLCC can hold the equivalent of nearly one-fifth of daily US oil production.

Tankers Can Now Tank Up at Houston NGL Terminal
Friday, June 22, 2018Fueling capabilities eliminate extra stop for deep-draft vessels, says Enterprise CEO.

On Bleak Day, Pipeline Operators Say Tax Policy Is No Big Deal
Friday, March 16, 2018On the worst stock-market day for U.S. pipeline operators in two years, Wall Street analysts and pipeline insiders saw reason to smile.

Enterprise to Ship More Permian Crude to Texas Gulf Coast
Wednesday, December 06, 2017Enterprise 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, 2017Colonial 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, 2016Stone 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, 2016At 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, 2015Enterprise 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, 2015Genesis 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, 2015A 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, 2013A 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, 2012Enterprise 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, 2011Enterprise, 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, 2010Enterprise 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, 2010Enterprise 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, 2010Enterprise 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, 2010Enterprise 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, 2010Enterprise, 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, 2010Enterprise 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, 2010Enterprise'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, 2010Enterprise 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, 2010Chairman 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, 2010Enterprise'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, 2010Enterprise 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, 2010Enterprise 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, 2010Enterprise 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, 2009Enterprise 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, 2009Enterprise 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, 2009Anadarko 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, 2009Oil 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, 2009Several 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, 2009Enterprise has priced a public offering of $500 million of senior unsecured notes due 2020 and $600 million of senior unsecured notes due 2039.