NuStar reports $11 million loss
Hedging losses and canceled capital projects led to a fourth-quarter loss for San Antonio-based pipeline company NuStar Energy LP.
View ArticleRail picks up steam as a way to move crude
The surge in North American oil production has prompted energy companies to invest heavily in a 19th-century technology: rail.
View ArticleRail will be a lasting competitor against pipelines, EY says
While new pipeline projects may lessen the use of crude by rail transport to the Gulf Coast, railroads will continue to provide access to coastal refineries, becoming a permanent option for moving oil...
View ArticleNuStar attracts shippers for Eagle Ford pipeline expansion
NuStar Energy LP said Friday that it has received commitments from shippers who will use an expansion of the company’s pipeline system in the Eagle Ford Shale.
View ArticleSouth Texas sees struggles, opportunities amid oil boom
Starting in July for the first time ever, more domestic oil left the Port of Corpus Christi than foreign oil arrived. It’s a startling trend, but just one of several effects of the Eagle Ford boom,...
View ArticleNuStar opens new Corpus Christi dock for Eagle Ford crude (photos)
San Antonio-based NuStar Energy LP this week celebrated the opening of its new dock at the Port of Corpus Christi, built to move crude oil from the Eagle Ford Shale.
View ArticleNuStar, Pemex plan pipeline project to Northern Mexico
The deal will be one of the first joint ventures between energy companies in the United States and Mexico following the latter country's reform efforts encouraging foreign investment.
View ArticleNuStar Energy’s net income declines
Pipeline partnership NuStar Energy LP on Friday reported second-quarter 2015 net income applicable to limited partners of $42.4 million, or 54 cents a unit, compared with $43.6 million, or 56 cents a...
View ArticleConocoPhillips, NuStar say they’re first to export U.S. oil
The two companies said they plan to finish loading the Eagle Ford crude cargo on Thursday at the Port of Corpus Christi.
View ArticleNuStar profit slips in 2nd quarter, beats Street estimates
Second-quarter profits for NuStar Energy slid 5.6 percent to $40 million, which beat Wall Street’s estimates. The San Antonio-based master limited partnership earned 52 cents per share, down from 54...
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