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Enterprise Products and Energy Transfer to form JV for crude oil pipeline from Cushing to Houston

Green Car Congress

have agreed to form a 50/50 joint venture to design and construct a crude oil pipeline from Cushing, Oklahoma to Houston, Texas. These supplies are accumulating in Cushing, which lacks southbound pipeline capacity to the largest US crude oil market on the Gulf Coast with more than two million barrels per day of refining capacity.

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Canada-based Enbridge to acquire ConocoPhillips’s interest in Seaway Crude Pipeline System for US$1.15B; reversing to carry oil to Gulf Coast

Green Car Congress

Enbridge and Enterprise agreed to reverse the direction of crude oil flows on the Seaway pipeline to enable it to transport oil from Cushing, Oklahoma to the US Gulf Coast. million barrels of crude oil tankage on the Texas Gulf Coast and four import docks at two locations. SCPS also includes 6.8 —Patrick D.

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Kinder Morgan to purchase El Paso for approximately $38B to form largest natural gas pipeline network and largest midstream energy enterprise in North America

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(KMI) and El Paso Corporation on Sunday announced a definitive agreement whereby KMI will acquire all of the outstanding shares of EP in a transaction that will create the largest midstream and the fourth-largest energy company in North America with an enterprise value of approximately $94 billion and 80,000 miles of pipelines.

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