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TransCanada announces additional commitments to proposed Keystone XL system; the Houston Lateral and capacity expansion to 830,000 barrels per day

Green Car Congress

TransCanada Corporation has received additional binding commitments in support of the proposed Keystone XL pipeline system—designed to bring Canadian oil sands crude to Gulf Coast refineries—following the successful conclusion of the Keystone Houston Lateral Open Season. million barrels per day.

Houston 210
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Enterprise and Enbridge to proceed with Seaway and Flanagan South oil pipeline extensions; enhanced capacity for Canadian and Bakken crude to Gulf Coast

Green Car Congress

The expansion of the reversed Seaway Pipeline will more than double its capacity to 850,000 barrels per day (bpd) by mid-2014 and transport oil originating in the Canadian oil sands and the US Bakken shale from Cushing, Oklahoma to the US Gulf Coast at Houston, with an extension to Port Arthur/Beaumont.

Oil 275
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Marathon Oil splitting in two

Green Car Congress

The Board of Directors of Marathon Oil Corporation has approved moving forward with plans to spin off Marathon’s downstream business, creating two independent energy companies. Marathon Oil Corporation (MRO) will be a global upstream company based in Houston, Texas. Strengthened ability to attract and retain talent.

Oil 210
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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.

Oil 218
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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

Green Car Congress

The combined company will be the largest owner and operator of natural gas pipelines and storage assets in North America with approximately 67,000 miles of natural gas transportation pipelines. Largest independent transporter of petroleum products in the United States, transporting approximately 1.9 is approximately $38 billion.

El Paso 225