New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 5, 2014
08:35 EDTNS, OXYNuStar signs long-term agreement with Occidental Petroleum
NuStar Energy L.P. (NS) has signed a long-term agreement allowing Occidental Petroleum (OXY) to ship natural gas liquids on NuStar’s currently idled, 200-mile, 12-inch pipeline between Mont Belvieu and Corpus Christi, Texas. NuStar has begun work to reactivate the line, reverse its flow and convert it from refined products service to NGL service. The pipeline has capacity to move approximately 110,000 barrels per day. Oxy will use a majority of the line’s capacity to transport NGLs via an interconnect with an Oxy pipeline to the Oxy Ingleside Energy Center export facility located in Ingleside, Texas, at the site of the former Naval base purchased by Oxy in 2012. NuStar will continue to market any remaining capacity on the pipeline. The pipeline project is scheduled to be completed and in full operation in the second quarter of 2015, although the pipeline may flow at reduced rates this year. Once the line is in service, it is expected to generate approximately $23M per year of incremental EBITDA for NuStar.
News For NS;OXY From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
May 22, 2015
13:44 EDTOXYGermany’s Wintershall eyes Occidental Petroleum's Libyan oil assets, WSJ says
Germany’s Wintershall Holding has considered buying stakes in Occidental's Libyan oil-and-gas assets, the Wall Street Journal reports, citing Libyan officials. Reference Link
May 19, 2015
14:54 EDTNSNuStar Energy, CHS pursue alliance to expand pipeline, terminal infrastructure
Subscribe for More Information
07:31 EDTOXYUBS to hold a conference
Subscribe for More Information
May 15, 2015
16:34 EDTNSNuStar Energy files $500M of common units representing limited partner interests
Subscribe for More Information
May 14, 2015
07:58 EDTOXYShale producers prepared to ramp production back up, WSJ says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use