Enterprise Products Partners LP Company News

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Houston Oil Benchmark Responds to 2020 'Wake-Up Call'
The new oil futures contract will trade under the symbol "HOU."
8:00 PM EST | June 21, 2021
Kinder Morgan Set to Add Clout
The company, which gets most of its revenue from pipeline and storage fees, will seek to also gain from buying and selling petroleum products
8:00 PM EST | May 27, 2021
New Houston Ship Channel Ethylene Tank Begins Service
Service has begun on a new ethylene storage tank at the Morgan’s Point, Texas, ethylene storage terminal along the Houston Ship Channel.
7:00 PM EST | December 29, 2020
Pipeline CEO Sees Signal for Higher Oil Prices
The 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.
8:00 PM EST | October 27, 2020
Texas Oil Pipeline Operators Slash Fees As Demand Plunges
US oil pipeline operators are slashing fees to encourage customers in Texas to keep using their networks to ship barrels to the Gulf Coast.
8:00 PM EST | October 05, 2020
Enterprise to Pay 1Q Distribution, Review CapEx Plans
This distribution represents a 1.7 percent increase over the one for 1Q 2019.
8:00 PM EST | March 22, 2020
Seaway Open Season to Run Beyond Valentine's Day
Seaway Crude Pipeline Co. LLC has extended a binding open season for a planned system capacity expansion.
7:00 PM EST | February 13, 2020
Enterprise Products Partners Wins Court Appeal
The lawsuit is over a proposed pipeline project that was cancelled due to a lack of customer support.
7:00 PM EST | February 03, 2020
Enterprise Starts Gas Processing Service at East Texas Plant
The facility can process 200 MMcf/d of gas and extract up to 12,000 bpd of natural gas liquids.
7:00 PM EST | January 22, 2020
New Enterprise Plant Begins Service at Mont Belvieu
Enterprise 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.
7:00 PM EST | January 13, 2020
Texas Ethylene Terminal Loads First Cargo
The first ethylene cargo from Enterprise Products Partners L.P. and Navigator Holdings Ltd.'s new marine terminal near Houston has set sail.
7:00 PM EST | January 07, 2020
Enterprise Products Partners Expanding ATEX Pipeline
The expansion will provide access to attractive markets on the Gulf Coast through Enterprise's integrated midstream network.
8:00 PM EST | October 13, 2019
Texas Pipeline Expansion Would Avoid Aquifer
Enterprise Products Partners plans to expand its Midland to ECHO crude oil pipeline system.
8:00 PM EST | October 06, 2019
LyondellBasell Anchor Customer for New Enterprise Plant
Enterprise 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.
8:00 PM EST | September 26, 2019
More Haynesville Gas Headed to Gulf Coast
Enterprise Products Partners will expand and extend its Acadian natural gas pipeline system linking the Haynesville Shale to the LNG market in South Louisiana.
8:00 PM EST | September 19, 2019
Enterprise Breaks Ground on Another NGL Expansion
Enterprise Products Partners LP begins construction of a new NGL fractionator adjacent to its complex in Mont Belvieu, Texas.
8:00 PM EST | September 04, 2018
Enterprise Products Partners To Expand Seaway Pipeline Capacity
Enterprise Products Partners LP says it will expand its Seaway crude pipeline system capacity to about 950,000 barrels per day.
8:00 PM EST | July 31, 2018
Offshore Texas Oil Terminal Could Load Asia-, Europe-bound VLCCs
One VLCC can hold the equivalent of nearly one-fifth of daily US oil production.
8:00 PM EST | July 16, 2018
Tankers Can Now Tank Up at Houston NGL Terminal
Fueling capabilities eliminate extra stop for deep-draft vessels, says Enterprise CEO.
8:00 PM EST | June 21, 2018
On Bleak Day, Pipeline Operators Say Tax Policy Is No Big Deal
On the worst stock-market day for U.S. pipeline operators in two years, Wall Street analysts and pipeline insiders saw reason to smile.
8:00 PM EST | March 15, 2018
Enterprise to Ship More Permian Crude to Texas Gulf Coast
Enterprise says it will have more than 650,000 bpd of total crude pipeline capacity from Permian to Houston-area hub.
7:00 PM EST | December 05, 2017
Colonial Partners With Enterprise For Fuel Exports From Beaumont Terminal
Colonial Pipeline and Enterprise Products Partners said they have partnered to boost exports from the Beaumont refined oil products terminal in Texas.
8:00 PM EST | October 09, 2017
Pompano Gas Production Ramps Up Again
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.
8:00 PM EST | July 25, 2016
Fire at Mississippi gas plant halts US Gulf Coast platforms
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.
8:00 PM EST | June 27, 2016
Crude Ban Too Late To Reverse Fortunes in the Oil Patch?
Enterprise Products Partners readies its first crude export load, but lifting on restrictions has little impact as oil prices remain in the doldrums.
7:00 PM EST | December 28, 2015
Genesis Buys Enterprise Offshore Pipelines for $1.5 Billion
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.
8:00 PM EST | July 15, 2015
Enterprise Products Wins Verdict against Energy Transfer Partners
A Houston district court jury finds Energy Transfer Partners breached its contract with competitor Enterprise Products Partners LP.
8:00 PM EST | April 23, 2015
U.S. FERC Judge Rules Seaway Crude Oil Pipeline Rates Too High
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.
8:00 PM EST | September 15, 2013
Enterprise, Genesis to Jointly Build GOM Pipeline
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.
7:00 PM EST | January 03, 2012
Independence Trail to Carry Gas Volumes from Who Dat
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.
8:00 PM EST | March 28, 2011
Enterprise Increases Quarterly Cash Distribution Rate
Enterprise announced that the board of directors of its general partner declared an increase in the quarterly cash distribution rate.
8:00 PM EST | October 13, 2010
Enterprise Products Elects CEO
Enterprise announced that A.J. "Jim" Teague was elected chief operating officer of Enterprise Products Partners.
8:00 PM EST | September 26, 2010
Enterprise Cites 'Solid' Operating, Financial Results for 2Q10
"Enterprise reported solid operating and financial results for the second quarter of 2010," said Michael A. Creel, president and chief executive officer of Enterprise.
8:00 PM EST | July 25, 2010
Enterprise Increases Cash Distribution Rate
Enterprise Products Partners declared an increase in the quarterly cash distribution rate paid to partners to $0.575 per common unit.
8:00 PM EST | July 13, 2010
Enterprise Expands Eagle Ford Shale Capabilities with Construction Proj.s
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.
8:00 PM EST | June 29, 2010
Enterprise Family of Partnerships Restructures BOD Members
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.
8:00 PM EST | May 23, 2010
Enterprise Expands Facility in Eagle Ford Shale
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.
8:00 PM EST | May 23, 2010
Enterprise Prices $2B of Senior Notes
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.
8:00 PM EST | May 11, 2010
Enterprise Inks LNG Fractionation Services Contract
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.
8:00 PM EST | May 05, 2010
Enterprise Grieves Loss of Chairman Dan L. Duncan
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.
8:00 PM EST | March 29, 2010
Enterprise Officers Named to 2010 All-America Executive Team
Enterprise's CFO and IR Officer have been added to the Institutional Investor's 2010 All-America Executive Team.
7:00 PM EST | February 16, 2010
EPP Reports Sale of Additional Common Units
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.
7:00 PM EST | January 11, 2010
Enterprise Names Senior VP, Crude Oil & Offshore
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.
7:00 PM EST | January 11, 2010
EPP Prices Public Offering of Units
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.
7:00 PM EST | January 06, 2010
Enterprise Updates on Eagle Ford Shale Pipeline Projects
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.
7:00 PM EST | December 03, 2009
Enterprise Increases Capacity of Haynesville Extension Project
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.
7:00 PM EST | November 17, 2009
Independence Hub Ramps Back Up to Pre-Shut Levels
Anadarko reported Friday that the Independence Hub is producing at pre-shut in rates near 700 million cubic feet per day of natural gas.
7:00 PM EST | November 12, 2009
UPDATE: Rough Seas Delay Gulf Production Activities
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.
7:00 PM EST | November 10, 2009
UPDATE: Producers Take Heed as Storm Targets Oil Patch
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.
7:00 PM EST | November 08, 2009
Enterprise Prices $1.1 Billion of Senior Notes
Enterprise has priced a public offering of $500 million of senior unsecured notes due 2020 and $600 million of senior unsecured notes due 2039.
8:00 PM EST | September 23, 2009