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Stock Market & Financial Investment News

News Breaks
January 2, 2013
18:53 EDTEPD, ENBEnterprise Products: Seaway pipeline expansion nears completion
Seaway Crude Oil Pipeline Company announced that final work is being performed in preparation for the increase in capacity from approximately 150,000 barrels per day to approximately 400,000 BPD. In order to complete the remaining pump station connections,transportation service has been suspended on the 500-mile, 30-inch diameter pipeline and is expected to resume operations at full rates by the end of next week. Seaway Crude Pipeline Company is a 50/50 joint venture owned by affiliates of Enterprise Products Partners (EPD) and Enbridge (ENB).
News For EPD;ENB From The Last 14 Days
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April 13, 2015
07:13 EDTEPDWells Fargo to hold a conference
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April 9, 2015
19:10 EDTEPDEnterprise Products offering additional capacity on Aegis pipeline
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April 8, 2015
16:33 EDTEPDEnterprise Products raises quarterly distribution by 5.6% to 37.5c
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April 6, 2015
16:17 EDTEPDEnterprise Products increases capacity at Houston Ship Channel
Enterprise Products Partners announced the recent completion of an expansion project at its liquefied petroleum gas export terminal at the Houston Ship Channel, which will increase the facility’s capacity for loading fully refrigerated, low-ethane propane to 9M barrels per month. Enhancements to existing refrigeration infrastructure, designed to add 2,500 barrels per hour or 1.5 MMBbls per month of incremental loading capacity, will allow Enterprise to accommodate an additional three ships per month. Work is also progressing on construction of a new refrigeration train that will increase loading rates by another 11,000 BPH and is on schedule for completion in Q4. Once the final expansion phase has been completed, Enterprise will have the capability to load up to 16 MMBbls per month of LPG, which equates to 29 vessels.

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