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Enterprise Products Partners LP

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  • Enbridge Inc's Illinois- to-Oklahoma Flanagan South line, coupled with Enterprise Products Partners' Oklahoma-to-Texas Seaway Twin line, are delivering their first large-volume shipments to the biggest refinery market in the United States, most of which is built to handle viscous oil like that produced in Canada. "We are connected all the way from Canada to...

  • HOUSTON, Jan 13- Royal Dutch Shell Plc said on Tuesday it received U.S. approval to export a very light form of crude oil that has undergone minimal processing. Shell had been working with the U.S. Department of Commerce's Bureau of Industry and Security on how to ship lightly processed condensate overseas without violating a decades-old crude export ban, the...

  • About one year after the Secretary of Energy Ernest Moniz first raised the four-decade-old ban as an item for discussion, the Department of Commerce on Dec. 30 took steps toward allowing export of the oil. Congress passed the export ban after the 1970 s Arab oil embargo led to snaking lines at gas stations and fears of a global energy shortage.

  • WASHINGTON, Dec 30- The Obama administration on Tuesday bowed to months of growing pressure over a 40- year-old ban on exports of most domestic crude, taking two steps expected to unleash a wave of ultra-light shale oil onto global markets. The Bureau of Industry and Security, or BIS, which regulates export controls, said it had granted permission to "some"...

  • WASHINGTON, Dec 30- The U.S. Department of Commerce said it gave "some" oil companies on Tuesday permission to export a lightly processed crude oil, taking the first action in several months on applications from about 20 energy companies eager to ship the fuel abroad. The Bureau of Industry and Security, an office of the Commerce Department, did not say how many...

  • WASHINGTON, Dec 30- The Obama administration released on Tuesday a long-awaited explanation of what petroleum is allowed to be shipped under the contentious 40- year ban on exports of most domestic crude. The Bureau of Industry and Security released the guidance in the form of frequently asked questions, or FAQ, in the first effort by the administration to...

  • *U.S. light oil exports to Asia only started 4 months ago. SINGAPORE, Dec 1- An aggressive strategy by Mideast Gulf producers to exploit the lowest oil prices in five years to defend market share is showing signs of bearing fruit as U.S. crude exports to Asia grind to halt. Last week Ali al-Naimi, the oil minister of OPEC kingpin Saudi Arabia, warned his fellow OPEC...

  • *U.S. light oil exports to Asia only started 4 months ago. SINGAPORE, Dec 1- U.S. crude exports to Asia are grinding to a halt just four months after they began, in a sign of how an aggressive strategy by Gulf producers to defend their market share is starting to bear fruit. The move shows how the Organization of the Petroleum Exporting Countries, with its influential...

  • Pro: After elections, big changes for energy Wednesday, 5 Nov 2014 | 4:13 PM ET
    Part of TransCanada's Keystone XL pipeline under construction in Atoka, Oklahoma.

    With the GOP taking control of both houses of Congress, at least one pro thinks some big changes lie ahead, especially in the energy sector.

  • HOUSTON, Sept 19- To capitalize on a flood of domestic and Canadian crude into the U.S. Gulf Coast, logistics giant Kinder Morgan Energy Partners is spending more than $1.5 billion in Houston to build the most flexible oil and fuel transport hub in the country.

  • Oil producers in condensate-heavy shale crude plays like the Eagle Ford and the western Permian Basin in Texas also could fetch better condensate prices if exported, as U.S. refiners have limited demand for it.

  • The imports would mark an abrupt shift from a decades-old devotion to crude oil self-sufficiency in Mexico, long a major exporter to the United States. His comments are the strongest signals to date on both the timing and potential volumes of light crude imports to Mexico.

  • Asia buyers of U.S. oil struggle on tight ship supply Wednesday, 13 Aug 2014 | 4:03 AM ET

    *Panamax freight rates from U.S. to Asia rise. NEW YORK/ SINGAPORE, Aug 13- Asian buyers of ultra light oil from the United States are struggling to find small-sized ships willing to undertake the month-long voyage at affordable rates as U.S.- Asia oil trade flows grow. "Why would you want to send a Panamax to Asia?

  • Development could transform MLP landscape: Cramer Monday, 11 Aug 2014 | 6:39 PM ET

    A major shift is underway in the energy sector, and Jim Cramer thinks the ripple could be significant.

  • Cramer: Dozens of stocks that could work higher Monday, 4 Aug 2014 | 6:56 PM ET

    Cramer likes to review the S&P 500’s Daily Action Charts in an effort to find stocks that could work higher.

  • US oil shipment navigates around decades-old ban Thursday, 31 Jul 2014 | 12:49 PM ET
    The Overseas Santorini tanker sails under the Harbor Bridge into the Port of Corpus Christi in Corpus Christi, Texas.

    U.S. oil production continues to boom, and a loophole in a law has allowed the first export of unrefined American oil in decades.

  • Cramer: Huge development for US oil business? Wednesday, 2 Jul 2014 | 6:42 PM ET

    Jim Cramer says recent developments in the oil business aren’t getting nearly the attention they deserve.

  • Americans should win if U.S. oil producers export Wednesday, 25 Jun 2014 | 2:36 PM ET
    An oil refinery in Pascagoula, Miss.

    The Commerce Department's decision to allow unrefined U.S. oil exports creates clear winner and losers.

  • Midday movers: CBS, HBI, MON, BMY, MDCI & More Wednesday, 25 Jun 2014 | 11:28 AM ET

    Take a look at some of Wednesday's midday movers.

  • Ruling clears way for unrefined oil exports: Report Tuesday, 24 Jun 2014 | 5:29 PM ET
    Pump jacks and wells on the Monterey Shale formation in California

    The U.S. government has taken steps to let two companies sell unrefined American crude oil overseas, the Wall Street Journal reported Tuesday.