Wise was selected to act as president and chief executive of the again-independent El Paso. During the late 1970s and early 1980s, industry competitors had hustled to boost natural gas output capacity with expectations of strong demand. By Scott Olson. By the late 1930s, the company was generating revenue of about $5 million annually and was beginning to post strong profit gains. By 1974, non-gas operations contributed about one-third of El Paso's annual $1.3 billion in revenues. The line was finished and put into service in 1930. After the merger of Coastal and El Paso Corporation, the latter began divesting itself of Coastal assets beginning in 2001. Leverage your professional network, and get hired. August 12 Premarket Briefing: 10 Things You Should Know. El Paso Pipeline Partners conducts business in Houston, Texas. Wise was credited with helping the company make a transition to transport services during the late 1980s and with helping to make El Paso a low-cost industry leader. 800-238-3764.For The pipeline had to cross 200 miles of rivers, mountains, and deserts and it had to be built to withstand all types of natural disasters. Scheduling Hotline (713) 369-9683: Gas Control Hotline (800) 733-2490: NGPL Marketing Hotline (713) 420-6647: Email Us Over the next few years, Burlington spun off or sold several of El Paso's nonperforming divisions and streamlined the company's natural gas operations.

For a listing of available capacity, please go to the capacity link under Informational Postings.

El Paso Pipeline Partners (EPB) Showing Signs Of Perilous Reversal Today. Force

It built or purchased pipes reaching as far north as Ignacio, a small town in southern El Paso's big gains during the late 1950s were partially attributed to its 1957 acquisition of part of the operations of Pacific Northwest Pipeline Corporation. Sales during 1993, its first full year of operation, topped $900 million, about $90 million of which was net income. William A. In addition to geographic expansion, El Paso began to diversify during the 1950s into related oil and chemical businesses.

On March 23, another flight carrying 85 deportees left El Paso touching down at the same Guatemalan airbase around 9:30 a.m. Two sick men were transferred to a …

Nevertheless, investors were enthusiastic about El Paso's chances, as evidenced by a doubling of the company's stock price between 1992 and early 1994. At the same time, EPNG's shipping into Arizona has increased, largely because it was the only pipeline into the fast-growing Phoenix area until the TransWestern Phoenix Lateral came in service Q1 2009. Majeure – Cornudas Station – Unit 1B Update 6#El El Paso was in a relatively strong position in its industry going into the mid-1990s.

It was also engaged in an ambitious effort to vastly increase its access to the northern California natural gas market. Energy. Despite forays into other industries, El Paso remained focused on buying, transporting, and selling natural gas.

One of El Paso's most intriguing and promising ventures during the 1970s was a venture into liquefied natural gas. That act basically allowed El Paso to begin competing with other Texas companies for the purchase of natural gas reserves. Prior to the takeover by Kinder Morgan, the company owned El Paso owned and operated one of the largest natural gas transmission systems in North America. No constraints General Terms and Conditions of EPNG's FERC Gas Tariff.For Other of El Paso's subsidiaries were involved with mining, gas and oil exploration, insurance, copper wire, and real estate development. El Paso Corp. Thursday set a record capital budget for its extensive pipeline business and said it plans to launch an open season for its proposed east-to-west Ruby pipeline in February. El Paso also launched the initial public offering of its MLP in November, ahead of the latest credit crunch (see Daily GPI, Nov. 12, 2007). Supply outstripped demand in 1982 and natural gas prices dropped.

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