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pipelines

Plant operators at the control room, pipes, towers and fractional facilities at Enterprise refinery in Mont Belvieu, Texas. (Thomas B. Shea/Houston Chronicle)

Enterprise Products Partners profit falls in second quarter

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The Houston-based pipeline and processing company said it saw earnings slip to $557 million compared to $647 million in the same period last year.
(Photographer: Daniel Acker/Bloomberg)

Williams to evaluate sale before merger vote

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The Williams Cos. said Wednesday it wouldn’t hold a shareholder vote on its proposed $13.8 billion consolidation until after the company finishes evaluating a potential sale.
(Scott Dalton/Bloomberg)

Group set to sue U.S. agency over pipeline safety plans

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Leaders of the conservation organization said it filed the required “intent to sue” notice through certified mail, giving officials 60 days to issue regulations or face a federal lawsuit.
The Elba liquefied natural gas import terminal near Savannah, Ga.

Kinder Morgan to take over Shell’s interest in Elba LNG project

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The deal will hand Kinder Morgan full ownership of the Elba Liquefaction Co., a joint venture building an about $2.1 billion natural gas liquefaction facility at Elba Island, Georgia.
Drivers fill up their vehicles at a Sunoco station on Wednesday, Feb. 4, 2015, in Cohoes, N.Y.   (Paul Buckowski / Times Union)

Energy Transfer Partners to shift retail business in $1.94 billion swap

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The so-called drop down deal will sharpen Dallas-based Energy Transfer Partners’ focus on the midstream sector, while also concentrating Energy Transfer’s retail and convince store business in Sunoco LP.
A crew cleans oil from the beach at Refugio State Beach on May 20, 2015 north of Goleta, Calif.  (Photo by David McNew/Getty Images)

House reps rap pipeline regulator for slow action on safeguards

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The stalled reforms include regulations governing how quickly companies must notify authorities after a pipeline spill, leak detection systems and the use of automatic and remote-control shut-off valves that can be triggered in emergencies to swiftly halt flowing oil and natural gas.
In this July 29, 2010, photo, oil and water flow down Ceresco Dam as oil spill clean up continues along the Kalamazoo River near Ceresco, Mich. (AP Photo/Detroit Frtee Press, Andre J. Jackson)

Michigan wants to ban heavy oil from an Enbridge pipeline running under a Great Lakes waterway

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The Great Lakes would be at “greatest risk” from a spill of “diluted bitumen” oil from Canada’s tar sands region, according to Attorney General Bill Schuette and Department of Environmental Quality Director Dan Wyant, who led a yearlong task force studying pipeline issues.
A group of land owners and conservationist walk on a gasline right of way during a field day to see native plant restoration at Dobie Ranch in Live Oak County, where gas and oil lines have been given right of way, on Tuesday, Sept. 24, 2013. The "field day" several groups including the U.S. Department of Agriculture's Natural Resources Conservation Service, Texas A&M Agrilife Extension, Caesar Kleberg Wildlife Research Institute and South Texas Natives. (Bob Owen/San Antonio Express-News)

New safety rules for South Texas pipeline inspectors mandate “buddy system,” quicker gun licenses

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The policy changes follow complaints by Commission Chairman David Porter that the federal government had failed to protect pipeline rights-of-way from becoming pathways for illegal immigration and cartel activity.
A contractor with Michels Corp. carries pieces of wood used to prop up sections of pipeline as they are assembled during construction of the Flanagan South crude oil pipeline outside Goodfield, Illinois, U.S., on Tuesday, Oct. 8, 2013. The approximately 600-mile, 36-inch crude oil pipeline is being constructed by Enbridge Energy Co., Inc., a subsidiary of Enbridge Inc., CanadaÕs largest oil transporter, and will originate in Flanagan, Illinois and terminate in Cushing, Oklahoma. (Daniel Acker/Bloomberg)

New focus on dividends has Enbridge shareholders happy, creditors silent

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Stock traders have warmly embraced Enbridge’s new focus on dividends, but the company’s creditors have given it a colder reception.
A contractor with Michels Corp. carries pieces of wood used to prop up sections of pipeline as they are assembled during construction of the Flanagan South crude oil pipeline outside Goodfield, Illinois, U.S., on Tuesday, Oct. 8, 2013. The approximately 600-mile, 36-inch crude oil pipeline is being constructed by Enbridge Energy Co., Inc., a subsidiary of Enbridge Inc., CanadaÕs largest oil transporter, and will originate in Flanagan, Illinois and terminate in Cushing, Oklahoma. (Daniel Acker/Bloomberg)

Enbridge will shift Canadian pipelines, wind projects in $15.2 billion restructuring

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Calgary, Alberta-based Enbridge will move its Canadian liquids pipeline business and four wind projects into its affiliated Enbridge Income Fund. In exchange, the income fund will pay its parent companies C$18.7 billion ($15.2 billion) and take on C$11.7 billion ($9.53 billion) in debt.