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Stock Market & Financial Investment News

News Breaks
August 21, 2014
10:58 EDTPAAPlains All American announces pipeline construction plans
Plains All American announced it will construct the Diamond Pipeline, a 440-mile, 20-inch crude oil pipeline that will provide capacity of up to 200K barrels per day of domestic sweet crude from the Plains Cushing, Oklahoma terminal to the Valero Memphis Refinery, and the ability to access Valero Energy Partnerís Collierville pipeline. The total project investment is expected to be approximately $900M and is expected to be completed in late 2016.
News For PAA From The Last 14 Days
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November 13, 2014
19:04 EDTPAARose Rock-operated White Cliffs Pipeline expands capacity
White Cliffs Pipeline, owned by subsidiaries of Rose Rock (RRMS), Plains All American Pipeline,(PAA), Western Gas Partners (WES) and Noble Energy (NBL), plans to expand capacity on its existing system to facilitate increasing shipments of crude oil from the DJ Basin to the Cushing hub. Once the Expansion Project is fully operational, the capacity of the White Cliffs Pipeline will increase from 150K barrels/day to a maximum of approximately 215K barrels/day. The Expansion Project is expected to be complete by the end of 3Q15. Following completion, Rose Rock Midstream, L.P. will continue operating the White Cliffs Pipeline.

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