Plains All American Pipeline Company News

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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

Biden VP Pick Has Record of Fighting Oil Industry
Wednesday, August 12, 2020As California attorney general, Harris filed lawsuits against Phillips 66, ConocoPhillips and others.

Plains Cuts Capital Program by 33 Percent
Wednesday, April 08, 2020The company also closed an asset sale for $165 million.

Plains All American Board Member Passes Away
Tuesday, April 07, 2020Evvy Goyanes initially served Plains as a banker and adviser throughout the 1990s and joined Plains' board in 1999.

Some American Oil Selling at Under $10 a Barrel
Monday, March 30, 2020The whole market is groaning under the weight of this oil surplus.

Oil Storage So Full That Traders May Stow It on Pipe Networks
Wednesday, March 25, 2020The US oil glut is growing so fast that one pipeline owner is concerned traders may stow away crude on its network until prices improve.

Noble Midstream, Greenfield Midstream Gain Saddlehorn Interest
Wednesday, February 05, 2020The interest acquired in the Saddlehorn Pipeline is for $155 million gross.

Oil Demand Shrinks Under Weight of US-China Trade War
Thursday, October 03, 2019This trade war has slowed demand for oil in China, but also in Europe and America itself.

Holly Energy, Plains All American Launch Cushing Connect JV
Thursday, October 03, 2019The joint venture will develop and construct a new 160,000 barrel per day crude oil pipeline.

Permian Still Booming Despite Hurdles
Thursday, March 07, 2019The Permian's oil pipeline network is expected to grow 60-70 percent in the next five years.

Fire Breaks Out At Plains All American Crude Tank Near Wichita Falls, Texas
Tuesday, August 28, 2018A fire broke out Tuesday morning at a Plains All American Pipeline crude storage tank east of Wichita Falls.

Plains to Bring Permian Projects Online Early Amid Pipeline Bottlenecks
Wednesday, August 08, 2018Plains All American Pipeline LP said two West Texas crude pipeline projects would begin partial operations slightly ahead of their original schedules.

Permian Pipeline Builder to Challenge US Steel Tariff Exemption Rejection
Tuesday, July 17, 2018Plains All American Pipeline LP's request for an exemption from steel-import tariffs was rejected by the US government.

US Oil Pipeline Companies, Producers Seek Relief From Steel Tariffs
Tuesday, June 19, 2018Major US energy companies are among many seeking exemptions from steel-import tariffs as the US ratchets up trade tensions.

Trafigura, Plains Sign Deal To Ship Oil To Corpus Christi
Tuesday, January 23, 2018Commodities trading house Trafigura signs a long-term agreement with Plains All American Pipeline.

Plains All American's Profit Nearly Halves as Costs Jump
Tuesday, February 07, 2017Plains All American Pipeline reports on Tuesday a quarterly profit that nearly halved, largely due to a 23.3 percent jump in costs.

Plains All American to Boost Permian Takeaway Capacity
Thursday, January 19, 2017PAA announced that it is expanding the capacity on its Cactus crude oil pipeline from McCamey to Gardendale, Texas, to approximately 390,000 bpd.

Plains All American Pipeline Indicted in Santa Barbara Oil Spill
Tuesday, May 17, 2016Plains All American Pipeline Company and one of its employees have been indicted in California on criminal charges stemming from a petroleum spill last year near Santa Barbara, the company said on Tuesday.

Alberta Government Charges Plains Midstream Over Oil Spill
Sunday, April 28, 2013The Alberta government has filed charges against Plains Midstream Canada for an oil spill in 2011 in northern Alberta.

Plains All American To Build New Oil Pipeline in Texas
Monday, April 15, 2013Plains All American is building a new pipeline to bring oil from an increasingly fruitful West Texas field to the Corpus Christi and Houston refining markets, the company said.

Magellan to Buy Pipelines from Plains All American
Friday, February 22, 2013Magellan Midstream announces it has agreed to acquire approximately 800 miles of pipeline from Plains All American Pipeline.

Plains All American Extends Mississippian Lime Pipeline
Friday, February 08, 2013Plains All American is constructing a 55-mile extension of its previously announced Mississippian Lime pipeline to service growing production in the Mississippian Lime resource play.

Plains All American Buys Eagle Ford Assets from Chesapeake for $125M
Thursday, December 13, 2012Plains All American Pipeline says it bought crude oil and condensate gathering assets in the Eagle Ford area of South Texas from Chesapeake, expanding the pipeline company's stake in a growing energy region.

Plains All American Pipeline Updates Acquisition Activities for 4Q11
Thursday, December 01, 2011Plains All American Pipeline has completed two acquisitions and entered into definitive agreements for two additional acquisitions since the beginning of the 2011 fourth quarter.

Plains All American Taps P2 Energy Solutions' Enterprise Upstream Software
Thursday, July 23, 2009Plains All American Pipeline has implemented P2 Energy Solutions' Enterprise Upstream solution to handle its joint venture accounting.

OXY Nabs 10% Interest in PAA's General Partner
Wednesday, July 02, 2008Plains All American Pipeline has announced that a wholly owned subsidiary of OXY has entered into definitive agreements to acquire an aggregate 10% equity interest in the general partner of PAA directly from the existing owners.

Plains Drafts HIPS Repair Plan
Monday, January 08, 2007Plains All American Pipeline, L.P. on Monday issued an update regarding the crude oil release from the High Island Pipeline System ("HIPS"), which is operated by its subsidiary Plains Pipeline, L.P. ("Plains").

SandRidge Temporarily Shuts In Production in Gulf, Galveston Bay
Thursday, January 04, 2007SandRidge Energy, Inc. on Wednesday announced two temporary shut-ins of production that are beyond its control.

Bad Weather Stalls Spill Clean-up Offshore Galveston
Thursday, December 28, 2006The US Coast Guard said that bad weather Wednesday night stalled the clean-up and response efforts at the site of an oil pipeline rupture 30 miles southeast of Galveston, Texas.

Plains All American Comments on HIPS Leak in Gulf
Tuesday, December 26, 2006Plains All American Pipeline, L.P. on Tuesday provided the following information regarding a pipeline release in the Gulf of Mexico:

Plains Enters the Barge Business
Wednesday, November 01, 2006Plains All American Pipeline, L.P. said that its subsidiary, Plains Marketing, L.P., has acquired a 50% membership interest in Settoon Towing LLC ("Settoon").

Plains All American to Buy Pacific Energy Partners
Monday, June 12, 2006Plains All American Pipeline, L.P. has executed definitive agreements to acquire Pacific Energy Partners, L.P for a total of approximately $2.4 billion, which is expected to close by the end of 2006.

PAA to Acquire Crude Oil Pipeline Systems
Wednesday, May 24, 2006Plains Pipeline L.P. has signed a definitive agreement to acquire interests in certain Gulf Coast crude oil pipeline systems from BP Oil Pipeline Company for approximately $133.5 million.

Plains All American Completes Private Placement
Friday, May 12, 2006Plains All American Pipeline has completed its previously announced private placement of $250 million of 30-year senior notes.

Plains Extends Mesa Pipeline Agreement
Wednesday, April 26, 2006Plains All American Pipeline and the remaining owerns of the Mesa Pipe Line System have extended their agreemet through December 2009.

Plains All American Expands and Extends Credit Facilities
Tuesday, November 08, 2005Plains All American Pipeline has increased the committed borrowing capacity on its principal revolving credit facility from $900 million to $1 billion.

Plains All American Acquires Canadian Pipeline Asset
Wednesday, February 09, 2005Plains All American Pipeline's subsidiary, Plains Marketing Canada, L.P., has acquired the Joarcam Pipeline System from Joarcam Pipeline, LLC and SES Equities, Ltd.

Plains All American Acquires Louisiana Assets from Shell
Wednesday, January 12, 2005Plains All American Pipeline has acquired south Louisiana crude oil pipeline assets from Shell Pipeline Company LLC.

Plains All American Pipeline Completes Private Placement
Friday, April 16, 2004Plains All American Pipeline announced the issuance and sale by the Partnership of 3,245,700 Class C Common Units to a group of institutional investors comprised of affiliates of Kayne Anderson Capital Advisors, Vulcan Capital and Tortoise Capital Advisors.

Plains All American to Acquire Stake in Two Shell Pipelines
Tuesday, December 16, 2003Plains All American Pipeline has signed a definitive agreement to acquire all of Shell Pipeline Company LP's interests in SPLC Capline Company and SPLC Capwood Company, the principal assets of which are interests in the Capline and Capwood pipeline systems.

Plains All American Acquires Pipeline Assets From El Paso
Tuesday, June 24, 2003Plains All American Pipeline has acquired a package of south Louisiana terminalling and gathering assets from El Paso.