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Latest Midstream Stories

2014-07-30 16:24:27

BOSTON, July 30, 2014 /PRNewswire/ -- ArcLight Capital Partners, LLC ("ArcLight") announced today that Republic Midstream, LLC ("Republic Midstream"), a newly-formed portfolio company, executed agreements with Penn Virginia Corporation (NYSE: PVA; "Penn Virginia") to construct and operate a crude oil gathering system, a central delivery terminal complex and an intermediate takeaway pipeline to serve Penn Virginia's prolific acreage position in the Eagle Ford Shale. The long-term,...

2014-07-24 16:23:37

DALLAS, July 24, 2014 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that the board of directors of its general partner, Summit Midstream GP, LLC, has declared a quarterly cash distribution of $0.52 per unit on all of its outstanding common and subordinated units, or $2.08 per unit on an annualized basis, for the quarter ended June 30, 2014. The distribution will be paid on August 14, 2014 to unitholders of record as of the close of business on August 7,...

2014-07-24 08:26:50

TULSA, Okla., July 24, 2014 /PRNewswire/ -- The board of directors of Magellan Midstream Partners, L.P. (NYSE: MMP) has increased the partnership's quarterly cash distribution to 64 cents per unit for the period April 1 through June 30, 2014, representing the 49(th )distribution increase since its initial public offering in 2001. The second-quarter 2014 distribution is 20% higher than the second-quarter 2013 distribution of 53.25 cents per unit and represents a 4% increase over the...

2014-07-23 16:22:43

DALLAS, July 23, 2014 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that it will report financial results for the second quarter of 2014 on Thursday, August 7, 2014, after the close of trading on the New York Stock Exchange. http://photos.prnewswire.com/prnvar/20120927/MM82470LOGO SMLP will host a conference call at 10:00 a.m. Eastern on Friday, August 8, 2014, to discuss its quarterly operating and financial results. Interested parties may participate...

2014-07-22 08:25:03

According to EY's Oil & Gas Center's US quarterly outlook HOUSTON, July 22, 2014 /PRNewswire/ -- Geopolitical unrest is impacting global oil markets, this time bringing a sigh of relief from North American unconventional oil producers. As the industry moved out of a relatively strong winter season, fears had been building in an already cash-strapped unconventional environment, that supply growth - not only from North America, but also in particular from Libya and Iraq - would put...

2014-07-22 08:24:00

HOUSTON, July 22, 2014 /PRNewswire/ -- Bob Ballentine, an energy litigation Partner at Burleson LLP in Houston and head of the firm's midstream oil and gas practice, will give two presentations at a July 24 National Business Institute seminar on litigating disputes over easements and restrictive covenants. http://photos.prnewswire.com/prnvar/20130108/DA38500LOGO His first session, titled Burden of Proof: Establishing Your Claim, will cover the key elements to forming a claim...

2014-07-16 20:21:11

DENVER, July 16, 2014 /PRNewswire/ -- QEP Midstream Partners, LP (NYSE: QEPM) today announced that it will host a teleconference and webcast to discuss its second quarter 2014 results beginning at 11:00 a.m. EDT (9:00 a.m. MDT) on Thursday, August 7, 2014. QEPM will issue a combined second quarter financial and operations press release Wednesday, August 6, 2014 after the market closes. http://photos.prnewswire.com/prnvar/20130904/LA74347LOGO The conference call can be heard live...

2014-07-15 08:23:13

HOUSTON, July 15, 2014 /PRNewswire/ -- Spectra Energy Corp (NYSE: SE) has declared a quarterly cash dividend on its common stock of $0.335 per share, or $1.34 per share on an annualized basis. The dividend is payable on Sept. 9, 2014 to shareholders of record at the close of business on August 12, 2014. http://photos.prnewswire.com/prnvar/20061030/CLM051LOGO Spectra Energy Corp (NYSE: SE), a FORTUNE 500 company, is one of North America's leading pipeline and midstream companies....

2014-07-09 08:22:56

TULSA, Okla. and HOUSTON, July 9, 2014 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) ("Magellan") and Occidental Petroleum Corporation (NYSE: OXY) announced today that BridgeTex Pipeline has launched a supplemental open season for additional transportation commitments on the pipeline. Interested customers must submit binding commitments by 5:00 p.m. Central Time on August 7, 2014. Construction of the BridgeTex Pipeline commenced in November 2012 following an initial...

2014-07-01 16:24:03

DENVER, July 1, 2014 /PRNewswire/ -- QEP Midstream Partners, LP (NYSE:QEPM) (the "Partnership") today announced that it has acquired 40% of the outstanding membership interest in Green River Processing, LLC ("Green River Processing") for $230 million in cash from QEP Field Services Company, a wholly owned subsidiary of QEP Resources, Inc. (NYSE: QEP) ("QEP"). This transaction represents the Partnership's first acquisition following its initial public offering in August 2013. The...


Word of the Day
drawcansir
  • A blustering, bullying fellow; a pot-valiant braggart; a bully.
This word is named for Draw-Can-Sir, a character in George Villiers' 17th century play The Rehearsal.
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