Enterprise Announces 26th Consecutive Quarterly Distribution Rate Increase

Enterprise Products Partners L.P. announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.59 per common unit, or $2.36 per unit on an annualized basis. The quarterly distribution will be paid on Monday, February 7, 2011, to unitholders of record as of the... 

Enterprise Strengthens Eagle Ford Shale Position with Chesapeake Agreements

Enterprise Products Partners L.P. nnounced today that the partnership has entered into 10-year agreements to handle a substantial portion of Chesapeake Energy Corporation’s (NYSE:CHK – News) liquids-rich natural gas production in the Eagle Ford Shale. Chesapeake’s gross acreage position currently comprises more than 625,000 acres in and around... 

Gulf United Energy Pipeline Environmental Risk and Environmental Impact Permits Issued

Gulf United Energy report that it has been advised that the Environmental Risk and Environmental Impact Permits have been issued for the previously announced natural gas pipeline project on the Yucatan Peninsula. Gulf United’s interests are held by its 24 percent owned subsidiary Fermaca Gas de Cancun, S.A. de C.V., through its 50 percent interest... 

Cheniere Energy Protects Business Operations

CoreXchangeSM, the IT industry’s fastest growing provider of advanced networking solutions, today announced that Cheniere Energy (AMEX symbol: LNG – News) has selected CoreXchange to provide business continuance and disaster recovery solutions to protect their critical data operations. ADVERTISEMENT Cheniere Energy customers expect a consistent... 

Williams Receives FERC Approval to Provide Additional Natural Gas Service to Northeast

Williams announced that that the Federal Energy Regulatory Commission (FERC) has approved a proposal to expand Williams’ Transco natural gas pipeline to serve markets in the northeastern United States. The Sentinel expansion project is designed to increase Transco’s firm transportation capacity by 142,000 dekatherms per day. Phase 1 of the... 

TEPPCO Partners, L.P. Begins Service at New Boligee, Alabama Refined Products Terminal

TEPPCO Partners, L.P. announced that its TEPPCO Terminal and Marketing Company subsidiary has commenced operations at the partnership’s new 500,000 barrel Boligee refined products terminal in Greene County, Alabama. Located along the Tennessee Tombigbee waterway, the facility has storage for gasoline, diesel and ethanol, and features direct access...