Plains

Plains All American to Pay $60M for 2015 California Oil Leak

Plains All American to Pay $60M for 2015 California Oil Leak

Plains All American Pipeline LP and an affiliate agreed to pay $60 million in a court settlement for allegedly violating federal pipeline safety laws and liability for the 2015 pipeline leak of 2,934 bbl of crude oil that fouled Southern California beaches in Santa Barbara County.

March 17, 2020

ConocoPhillips, Encana Challenging Tariff-Related Pipeline Surcharge by Plains

ConocoPhillips Co. and Encana Marketing (USA) Inc. are challenging Plains All American’s plans to implement a surcharge on its Cactus II crude oil pipeline, a 5.0-cent/bbl fee designed to offset costs related to U.S. tariffs on steel imports.

August 21, 2019

With Need for Imported Steel, Plains Moving Forward with Surcharge Due to U.S. Tariffs

Faced with higher costs because of U.S. tariffs on imported steel needed for its pipeline buildout, Plains All American LP is moving forward with a surcharge to make up the difference as it seeks an exemption from the Department of Commerce, according to management.

August 7, 2019
Plains Looks to Expand Crude Shipping from Canada to Gulf Coast as Keystone Sputters

Plains Looks to Expand Crude Shipping from Canada to Gulf Coast as Keystone Sputters

Affiliates of Houston-based Plains All American Pipeline LP have launched open seasons for two projects that could increase crude shipping capacity from Canada and the Rockies to the Gulf Coast. The proposals are set against the backdrop of a faltering Keystone XL buildout.

July 12, 2019

California Jury Finds Plains Guilty in 2015 Oil Spill

A jury in Santa Barbara County, CA, has found Houston-based Plains All American Pipeline LP guilty of criminal charges in a 2015 pipeline oil spill that fouled local beaches.

September 10, 2018

BridgeTex Gains Canada’s OMERS as Partner in $1.44B Deal with Plains, Magellan

BridgeTexas Pipeline Co. LLC, which is able to transport up to 400,000 b/d of crude oil from the Permian Basin to the Texas coast, on Tuesday gained a Canadian pension plan as a partner, after 50-50 owners Plains All American Pipeline LLC and Magellan Midstream Partners LP agreed to sell a half-stake for nearly $1.44 billion.

August 21, 2018

Oil, Gas Industry Frustrated by Rejections to Steel Tariff Exemptions; Permian Pipeline Affected

Officials with the American Petroleum Institute (API) said their member oil and gas companies are frustrated with the process that the Trump administration established to request exemptions to tariffs on imported steel, with several petitions — including one for a pipeline to service the booming Permian Basin — already rejected on vague grounds.

July 19, 2018

Two More West Texas Crude Projects Launch Open Seasons

Plains All American Pipeline LP (PAA) and Anadarko Petroleum Corp. each said Wednesday they will hold open seasons for projects to move West Texas crude oil, the third and fourth such announcements in less than a week.

December 14, 2017

Plains Gauging Interest in 350,000 b/d Permian-to-Cushing Crude Oil Pipeline

Plains All American Pipeline LP is testing support in a potential 350,000 b/d project to carry crude oil from the Permian Basin to its terminal in Cushing, OK.

April 19, 2017

SEC Charges Bakken Company Co-Founder, Others in Fraudulent Stock Scheme

The co-founder of a Bakken Shale midstream operator has been charged with allegedly operating a stock scheme that allowed him to collect millions in bonus payments.

March 28, 2017
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