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Tag Archives: Enterprise Product Partners

Exclusive: U.S. agency gives quiet nod to light oil exports

WASHINGTON – The main U.S. export authority is telling some oil companies that they should consider exporting a lightly processed form of crude oil called condensate without formal permission, according to people familiar with the discussions. In conversations that may help clear the way for more overseas sales of U.S. shale oil, the Commerce Department’s Bureau of Industry and Security ...

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Energy quote of the day: ‘The Gulf Coast is going to be the place for having any storage’

coast

The US Gulf Coast is becoming the country’s preeminent petroleum storage hub as shale oil and natural gas liquids flow south to the massive refining and export center. In a move designed to capitalize on that trend, Enterprise Product Partners yesterday announced the $4.4 billion acquisition of storage company Oiltanking. And according to The American Lawyer: “Enterprise, which is also ...

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Shell CEO says U.S. should export oil to stabilize markets

NEW YORK (Reuters) – U.S. policymakers should gradually lift the country’s decades-old ban on crude oil exports because allowing the shipments would make the global energy system and fuel prices more stable, the head of Royal Dutch Shell Plc <RDSa.L> said on Tuesday. “Policymakers here in the United States should embrace a truly liberalized, diverse and global energy market,” Shell ...

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Niobrara production continues to grow

Although the Wattenberg Field in Colorado has been in development since its discovery in 1970, it continues to show promise for both operators and investors according to a recent article by the Motley Fool. The deployment of hydraulic fracturing in the area has led to a resurgence in profitability for companies like Synergy Resources and Anadarko Petroleum. Horizontal drilling methods ...

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Pipe dream: Front Range project gives Colorado an edge in natural gas liquids industry

Katherine Blunt | The Colorado Springs Gazette The Front Range Pipeline that runs through eastern El Paso County has positioned Colorado to take advantage of the burgeoning market for natural gas liquids. The pipeline, which began operating in February, is expected to become increasingly important as the state’s production of natural gas liquids (NGLs) continues to grow. Last year, the ...

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