Enterprise (EPD) Receives Deepwater Port License for SPOT Project [Yahoo! Finance]
Enterprise Products Partners L.P. (EPD)
Last enterprise products partners l.p. earnings: 4/29 06:00 am
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enterpriseproducts.com/investors
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Source: Yahoo! Finance
The U.S. Department of Transportation has granted Enterprise Products the deepwater port license necessary to proceed with the development, marking a pivotal step forward in enhancing the region's oil infrastructure. A Long-Awaited Achievement After five years of dedicated effort, Enterprise has successfully secured the deepwater port license, marking a pivotal moment in the journey of SPOT. A.J. "Jim" Teague, co-chief executive officer of Enterprise's general partner, expressed his appreciation for the team's dedication and perseverance throughout the process. A Green Solution for Global Markets SPOT promises to revolutionize crude oil transportation, offering a more environmentally friendly, safe, efficient and cost-effective alternative for delivering crude oil to global markets. With U.S. exports of crude oil at 4 million barrels per day (b/d), SPOT's capacity to load 2 million b/d should significantly contribute to meeting global energy demands. By reducing emissions an
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EPD
Earnings
- 4/30/24 - Beat
EPD
Sec Filings
- 5/3/24 - Form 4
- 4/30/24 - Form 8-K
- 4/25/24 - Form 4
- EPD's page on the SEC website