Smith, Teppco, Group 1 release earnings Oct 29, 2008
Energy logistics company Teppco Partners (NYSE: TPP) reported third-quarter net income of $47 million, or 40 cents per unit. That compared with net income of $47. (Houston Business Journal, TX)
Offshore port a revival of a decades-old dream Aug 19, 2008
Houston-based Enterprise Products Partners and Teppco Partners, along with German firm Oiltanking Holdings Americas, said Monday they plan to build a $1. 8 billion facility 36 miles off Freeport. (Houston Chronicle)
New Gulf terminal could handle 20% of U.S. oil imports Aug 19, 2008
Texas Offshore Port System, or TOPS, is a joint venture of Enterprise Products Partners and Teppco Partners , both based in Houston, and Oiltanking Holding Americas, a subsidiary of Germany's privately held Marquard & Bahls. The terminal will allow huge tankers to unload crude about 36 miles off the coast of Freeport, avoiding sometimes fog-shrouded coastal areas and other hazards. (USA Today -- Money)
Crosstex Energy L.P. Jul 22, 2008
McNair's previous posts include positions with TEPPCO Partners (: TPP), , (NYSE: COP) and GPM gas. In his new role, he will oversee Crosstex Energy's growth projects and business development team. (Dallas Business Journal, TX)
Clarksville $75M project may end up a commercial port Jun 7, 2008
Texas-based pipeline company Teppco Partners LP is spending $75 million to build three refined fuel terminals along the Tennessee and Cumberland rivers -- one in Clarksville, one in Clifton and a the third at a yet-to-be determined site. Combined, the terminals will have 800,000 barrels of storage capacity for gasoline, diesel and biofuels. (Nashville Business Journal, TN)
Teppco to build three terminals in Tennessee May 22, 2008
Teppco Partners LP is to build three new refined product terminals in western Tennessee. The project is expected to cost about $75 million. (Houston Business Journal, TX)
Viewpoint: UT's oil spillover Feb 1, 2008
H. Scott Caven, Jr. UT Board of Regents chair - Holds stock in Kinder Morgan Energy Partners, Kaneb Pipe Line Partners, Buckeye Partners, Magellan Midstream Partners, Energy Transfer Partners, Valero Energy Corporation, Enterprise Products Partners, Teppco Partners, Plains All American Pipeline, L.P., Northern Border Partners, Williams Partners and Tortoise Energy Capital Corp.. John Barnhill UT regent - Holds stock in ExxonMobil Corporation, Halliburton and Royal Dutch Pete Co. Page 1 of 1. (The Daily Texan, TX)
Kinder joins Enbridge in race to Texas Dec 13, 2007
Kinder Morgan is working with Teppco Partners LP, a Houston pipeline firm, which would be in charge handling the Oklahoma-Texas portion of the overall Chinook project. Other ways to move Canadian crude to new markets involve expansion of a line between Edmonton and Vancouver owned by Kinder Morgan, which gets the oil to a port, where it can be moved by tanker to California or Asia. (Globe and Mail)
Ice Storm Trips Power, Paralyzes Key US Oil Hub Dec 12, 2007
TEPPCO Partners LP closed its 4. 5-million-barrel Cushing storage terminal and cut throughput at the 350,000 barrels per day Seaway pipeline, which runs crude from the Gulf Coast to the NYMEX hub. (Planet Ark, United States)
Teppco unloads Mont Belvieu storage assets Mar 3, 2007
Teppco Partners LP said Thursday that it sold all of its interest in , and other assets, to for $168 million. The selling price includes proceeds from the sale of Houston-based Teppco's 50 percent equity interest in MBSP and other assets, and about $10 million of cash distributions related to prior earnings. (Houston Business Journal, TX)
Crude closes at highest level of the year Feb 24, 2007
The contract briefly fell into the red near the close after Teppco Partners said it's restarting shipments on a pipeline that was shut down earlier this week because of a leak. "It was a bit of a mish-mash," said Phil Flynn, senior market analyst at Alaron Trading in Chicago. (MarketWatch)
Oil rises to near 61 dlr a barrel Feb 23, 2007
The pipeline's operator, TEPPCO Partners LP, has said it could restart the affected portion of the 240,000 barrels per day oil products line by Saturday, if repairs go as planned. The operational problems come against the backdrop of rising tensions between the United States and Iran over its nuclear program. (India Times)
Oil jumps to $61 on drop in inventories Feb 23, 2007
Feb 22, 2007 NEW YORK Reuters - Oil rose to near $61 a barrel on Thursday after U.S. government data showed a sharp fall in fuel supplies last week. 95 a barrel after trading as high as $61. (ABC News -- Wire)
Crude ends higher on bullish weekly supply data Feb 23, 2007
Teppco Partners said a leak has held up 60,000 barrels a day of refined products shipments. In the latest news on Iran, the U.N.'s nuclear watchdog, the International Atomic Energy Agency, said Iran has failed to comply with a demand from the Security Council that it halt uranium enrichment and has even expanded the program, the BBC reported. (MarketWatch)
Crude gains as traders await supply data Feb 22, 2007
On Wednesday, Teppco Partners said a leak has held up 60,000 barrels a day of refined products shipments, Dow Jones Newswires reported. Heating oil closed up 3. (MarketWatch)
