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Latest Midstream Stories

2014-04-24 08:26:47

TULSA, Okla, April 24, 2014 /PRNewswire/ -- The board of directors of Magellan Midstream Partners, L.P. (NYSE: MMP) has increased the partnership's quarterly cash distribution to 61.25 cents per unit for the period Jan. 1 through March 31, 2014, representing the 48(th )distribution increase since its initial public offering in 2001. The first-quarter 2014 distribution is 21% higher than the first-quarter 2013 distribution of 50.75 cents per unit and represents a 5% increase over the...

2014-04-23 20:21:10

DALLAS, April 23, 2014 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that it will report financial results for the first quarter of 2014 on Tuesday, May 6, 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 Wednesday, May 7, 2014, to discuss its quarterly operating and financial results. Interested parties may participate in...

2014-04-15 08:23:43

HOUSTON, April 15, 2014 /PRNewswire/ -- Spectra Energy Corp (NYSE: SE) today announced that the board of directors has elected Gregory L. Ebel to serve as chair of the board of directors. Mr. Ebel, who has been president and chief executive officer since January 2009, replaces William T. Esrey who is retiring after serving as chair for the past five years. The company also announced that F. Anthony Comper has been elected as independent lead director. Mr. Comper, originally elected to...

2014-04-15 08:23:31

HOUSTON, April 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 June 10, 2014 to shareholders of record at the close of business on May 9, 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. Based...

2014-04-11 12:20:16

TULSA, Okla., April 11, 2014 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) plans to announce financial results for first quarter 2014 before the market opens on Tues., May 6. Management will discuss first-quarter earnings and outlook for the remainder of 2014 during a conference call with analysts at 1:30 p.m. Eastern the same day. To join the conference call, dial (888) 466-4462 and provide code 1956876. Investors also may listen to the call via the partnership's...

2014-04-09 08:24:24

MIDLAND, Texas, April 9, 2014 /PRNewswire/ -- Oryx Midstream Services, LLC (Oryx) today announced it has received an equity commitment totaling up to $300 million from Quantum Energy Partners, Post Oak Energy Capital, Wells Fargo Energy Capital, Oryx management and other private investors. Oryx will pursue midstream opportunities in the Permian Basin, focusing initially on the Delaware Basin in Texas and New Mexico. The company expects to leverage its deep energy industry experience...

2014-04-04 12:21:42

TULSA, Okla., April 4, 2014 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) plans to host a meeting with research analysts and institutional investors beginning at 8:00 a.m. Central on Tues., April 8 in Houston. Michael Mears, president and chief executive officer, and other members of senior management will discuss the partnership's current business, growth projects and financial position. A copy of the slide presentation and audio webcast will be available live...

2014-04-02 08:24:15

WAYZATA, Minn., April 2, 2014 /PRNewswire/ -- Dakota Plains Holdings, Inc. ("Dakota Plains"), (OTCQB: DAKP) today announced that Gabe Claypool, Dakota Plains' President and Chief Operating Officer, will present at the upcoming DUG: Bakken and Niobrara Conference hosted by Oil & Gas Investor Magazine. The Fourth Annual DUG: Bakken+ Conference will be held in Denver, Colorado at the Colorado Convention Center from April 2 to April 4, 2014. Mr. Claypool will present on the...

2014-04-01 16:21:26

Solidifies Azure as one of the Largest Midstream Companies in Haynesville Shale HOUSTON, April 1, 2014 /PRNewswire/ -- Azure Midstream Energy, LLC ("Azure," or "Company"), a midstream natural gas gathering and processing company based in Houston, Texas announced the completion and startup of its Fairway gas processing plant located in San Augustine County, Texas. The James Lime formation in the Haynesville Shale area in East Texas has rich associated natural gas that requires...

2014-03-31 08:24:41

TULSA, Okla., March 31, 2014 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that it plans to construct a condensate splitter at its terminal in Corpus Christi, Texas under a fee-based, take-or-pay agreement with Trafigura AG. The project also includes construction of more than one million barrels of storage, dock improvements and two additional truck rack bays at Magellan's terminal as well as pipeline connectivity between Magellan's terminal and...


Word of the Day
negawatt
  • A unit of saved energy.
Coined by Amory Lovins, chairman of the Rocky Mountain Institute as a contraction of negative watt on the model of similar compounds like megawatt.