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The Capline pipeline reversal, the subject of a binding open season to solicit shipper interest, would bringing light oil in service in 2020 and heavy oil in 2022 to the distribution hub in St. James ...
Capline currently transports crude oil from St. James, Louisiana, to Patoka, Illinois. MPC owns an approximate 33 percent interest in Capline. A copy of the press release issued by Marathon Pipe ...
Marathon Petroleum (MPC-0.6%), which operates the 1.2M bbl/day Louisiana-to-Illinois Capline crude oil pipeline, likely will reverse the pipeline to move heavy Canadian crude south to Louisiana ...
Capline’s owners will hold the open season, which will be managed by the law firm Caldwell Boudreaux Lefler PLLC, through Nov. 17, 2017.
Marathon Petroleum Corp and other owners of the 1.2-million-barrel-a-day Capline crude oil pipeline, which runs from the U.S. Gulf Coast to Patoka, Illinois, said they would study options for it ...
HOUSTON, Dec 4 (Reuters) – Marathon Petroleum Corp might consider reversing the Louisiana-to-Illinois Capline pipeline, but another pipeline would be needed to move crude from south to north,… ...
FINDLAY, Ohio, April 29, 2019 /PRNewswire/ -- Capline Pipeline Company LLC announced today that it will extend its binding open season by one week. In response to feedback from potential shippers ...
Marathon Petroleum (NYSE:MPC), operator of the Capline pipeline, says the pipeline's owners are launching a non-binding open season to gauge shipper interest in a proposed reversal. The 1.2M bbl ...
In addition, CAPLine borrowers will benefit from the recently increased SBA 7(a) loan limit, which, under the provisions of the Small Business Jobs Act, is now $5 million.
Shell <RDsa.L> said Sunday it was evaluating a restart schedule for the Capline crude line, but that much depends on when Gulf of Mexico oil production is restored, a spokeswoman said Sunday.
Royal Dutch Shell Plc idled the Capline pipeline for a planned shutdown because of lack of demand, Dennis Hegemier, an oil movement manager at Shell’s pipeline unit, said in a telephone interview.
The Capline, a crude oil pipeline running from St. James, Louisiana, to Patoka, Illinois, will restart on Friday, said a spokeswoman for Shell <RDSa.L>, which operates the line.
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