Latest Midstream Stories

HOUSTON, July 25, 2012 /PRNewswire/ -- Hart Energy announced today that Christopher Sheehan, CFA (chartered financial analyst), has been hired as senior financial analyst. In his new role, Sheehan will be responsible for contributing editorial content to Oil and Gas Investor and Midstream Business magazines, as well as to Hart Energy's digital media channels. (Photo: http://photos.prnewswire.com/prnh/20120725/DA45659) "Chris brings to Hart Energy a new level of financial...

TULSA, Okla. and HOUSTON, July 11, 2012 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) and Occidental Petroleum Corporation (NYSE: OXY) announced today a one-week extension of their binding open season initiated on June 11, 2012 to solicit capacity commitments from shippers to transport crude oil from Colorado City, Texas to the Houston Gulf Coast area on the proposed BridgeTex Pipeline. Binding commitments are now due on July 18, 2012. As previously announced,...

HOUSTON, July 9, 2012 /PRNewswire/ -- NiSource Gas Transmission and Storage's (NGT&S) Midstream & Minerals Group, LLC (MMG) and its various subsidiaries today announced they have entered into definitive agreements with affiliates of Hilcorp Energy Company ("Hilcorp"), a privately owned oil and gas exploration and development company based in Houston, Texas, to develop the hydrocarbon potential on a significant acreage block in the Utica/Point Pleasant Shale formation in...

TULSA, Okla., July 3, 2012 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) plans to announce financial results for second quarter 2012 before the market opens on Wed., Aug. 1. Management will discuss second-quarter earnings and outlook for the remainder of 2012 during a conference call with analysts at 1:30 p.m. Eastern the same day. To participate in the conference call, dial (800) 946-0720 and provide code 7860410. Investors also may listen to the call via the...

RADNOR, Pa., June 18, 2012 /PRNewswire/ -- Penn Virginia Resource Partners, L.P. (NYSE: PVR) ("PVR") today announced that its midstream subsidiary has entered an agreement to sell its Crossroads natural gas gathering system and processing plant to DCP Midstream Partners, LP for approximately $63 million. The Crossroads System, located in the southeastern portion of Harrison County in east Texas, includes approximately 8-miles of gas gathering pipeline, an 80 MMcfd cryogenic...

TULSA, Okla. and HOUSTON, June 11, 2012 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) and Occidental Petroleum Corporation (NYSE: OXY) announced today the launch of an open season to jointly assess customer interest to transport crude oil from Colorado City, Texas to the Houston Gulf Coast area. Interested customers must submit binding commitments by July 11, 2012. The proposed BridgeTex Pipeline will be capable of transporting approximately 278,000 barrels per day of...

TULSA, Okla., May 21, 2012 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that Michael Mears, president and chief executive officer, will present at the 2012 Master Limited Partnership Investor Conference hosted by the National Association of Publicly Traded Partnerships at 8:30 a.m. Eastern on Thurs., May 24 at the Hyatt Regency in Greenwich, Connecticut. A copy of the slide presentation and audio webcast will be available live on the day of the event...

RADNOR, Pa., May 18, 2012 /PRNewswire/ -- Penn Virginia Resource Partners, L.P. (NYSE: PVR) today announced that they will participate in the National Association of Publicly Traded Partnership's ("NAPTP") 2012 Master Limited Partnership Investor Conference. William H. Shea, Jr., Chief Executive Officer, will present an overview of the company's operations and recent activities. PVR's presentation is scheduled on Thursday, May 24, 2012 at approximately 11:15 a.m. Eastern time....

PORT MORESBY, Papua New Guinea and HOUSTON, May 14, 2012 /PRNewswire/ -- InterOil Corporation (NYSE: IOC) (POMSoX: IOC) today announced financial and operating results for the first quarter ended March 31, 2012. First Quarter 2012 Highlights and Recent Developments As of April 6, 2012, InterOil drilled the Triceratops-2 well in Papua New Guinea through the entire carbonate interval to a total depth of 7,336 feet (2,236 meters). The acquisition of wireline logs was completed on...

All financial figures are in Canadian dollars CALGARY, May 8, 2012 /PRNewswire/ - Gibson Energy Inc. ("Gibson"), TSX: GEI, announced today that its Board of Directors has approved a quarterly dividend of $0.25 per share on its common shares, payable July 17, 2012 to shareholders of record at the close of business on June 29, 2012. About Gibson Gibson is one of the largest independent midstream energy companies in Canada and a major participant in the crude oil transportation...