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Stock Market & Financial Investment News

News Breaks
May 20, 2014
07:31 EDTEPDEnterprise Products begins exporting refined products from Beaumont terminal
Enterprise Products Partners L.P. has loaded the first cargo of refined products for export from its reactivated marine terminal in Beaumont, Texas. Located on the Neches River, the terminal can load at rates up to 15,000 barrels per hour. The facility includes a dock with a 40-foot draft that can accommodate Panamax size vessels that have a capacity of up to 400,000 barrels. The terminal has access to more than 12 million Bbls of refined products storage and receives products from eight refineries, representing approximately 3.3 million barrels per day of capacity, as well as the Colonial Pipeline. The improvements and modifications required to resume operations at the terminal, which included dredging, new pipeline construction, and the installation of new loading arms and vapor recovery systems, are supported by shipper commitments. Future plans for the Beaumont refined products terminal include the addition of a second dock and significant on-site storage for blending components.
News For EPD From The Last 14 Days
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March 3, 2015
07:33 EDTEPDMorgan Stanley to hold a conference
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07:32 EDTEPDBarclays to hold a conference
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March 2, 2015
09:47 EDTEPDEnterprise Products discloses investigative demand, subpoena from FTC
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February 25, 2015
08:26 EDTEPDEnterprise Products probed by FTC after rivals complain, WSJ says
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February 24, 2015
08:59 EDTEPDEnterprise Products to host analyst day
Analyst Day to be held in Houston, Texas on February 25 at 9 am. Webcast Link
08:20 EDTEPDEnterprise, Anadarko, DCP, MarkWest form joint venture for Panola
Enterprise Products Partners (EPD), Anadarko Petroleum (APC), DCP Midstream Partners (DPM) and MarkWest Energy Partners (MWE) announced the formation of a joint venture under which Enterprise will assign 45% ownership interest in its wholly owned Panola Pipeline Company. The interest will be evenly divided among Anadarko’s affiliate, WGR Asset Holding Company, DCP Midstream Partners and MarkWest. Enterprise will continue to serve as operator of the Panola Pipeline and own the remaining 55% interest. The Panola Pipeline, which transports natural gas liquids, originates in Carthage, Texas and extends 181 miles to Mont Belvieu, Texas. Incremental capacity is expected to be available in 1Q16. This corrects the symbol for Enterprise Products Partners.

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