Energy Transfer LP is an American company engaged in
natural gas
Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbon ...
and
propane
Propane () is a three-carbon alkane with the molecular formula . It is a gas at standard temperature and pressure, but compressible to a transportable liquid. A by-product of natural gas processing and petroleum refining, it is commonly used as ...
pipeline transport
Pipeline transport is the long-distance transportation of a liquid or gas through a system of pipes—a pipeline—typically to a market area for consumption. The latest data from 2014 gives a total of slightly less than of pipeline in 120 countr ...
. It is organized under
Delaware state laws and headquartered in
Dallas, Texas
Dallas () is the third largest city in Texas and the largest city in the Dallas–Fort Worth metroplex, the fourth-largest metropolitan area in the United States at 7.5 million people. It is the largest city in and seat of Dallas County wi ...
. It was founded in 1995 by
Ray Davis and
Kelcy Warren, who remains Chairman and CEO.
It owns a 36.4% interest in Dakota Access, LLC, the company responsible for developing the
Dakota Access Pipeline
The Dakota Access Pipeline (DAPL) or Bakken pipeline is a underground Pipeline transport, pipeline in the United States that has the ability to transport up to 750,000 barrels of Sweet crude oil, light sweet crude oil per day. It begins in the ...
.
Corporate structure
Energy Transfer owns controlling interests in Sunoco
Sunoco LP is an American master limited partnership organized under Delaware state laws and headquartered in Dallas, Texas, that is a wholesale distributor of motor fuels. It distributes fuel to more than 5,500 Sunoco-branded gas stations ...
LP, 100% of Sunoco Logistics Partners Operations L.P., the general partner of USA Compression Partners L.P., 100% of Lake Charles LNG, which owns an LNG import terminal and regasification
Regasification is a process of converting liquefied natural gas (LNG) at −162 °C (−260 °F) temperature back to natural gas at atmospheric temperature. LNG gasification plants can be located on land as well as on floating barges, i.e. a Float ...
facility near Lake Charles, Louisiana
Lake Charles (French: ''Lac Charles'') is the fifth-largest incorporated city in the U.S. state of Louisiana, and the parish seat of Calcasieu Parish, located on Lake Charles, Prien Lake, and the Calcasieu River. Founded in 1861 in Calcasi ...
, of natural gas transportation pipelines with approximately per day of transportation capacity and 3 natural gas storage facilities in Texas and of interstate natural gas pipelines with approximately per day of transportation capacity, 36.4% of the Dakota Access Pipeline
The Dakota Access Pipeline (DAPL) or Bakken pipeline is a underground Pipeline transport, pipeline in the United States that has the ability to transport up to 750,000 barrels of Sweet crude oil, light sweet crude oil per day. It begins in the ...
and the Energy Transfer Crude Oil Pipeline, 60% of the Bayou Bridge Pipeline, 50% of the Florida Gas Transmission pipeline, 100% of the Trunkline Pipeline, 100% of the Transwestern Pipeline
Transwestern Pipeline Company, LLC owns and operates a natural gas transmission system that connects natural gas supplies in the San Juan and Rocky Mountain Basins in northwest New Mexico, southwest Colorado, the Texas-Oklahoma Panhandle, and the P ...
, 100% of the Panhandle Eastern Panhandle Eastern Pipe Line Company, LP is a natural gas pipeline in the United States which brings natural gas from the panhandle region of Oklahoma east through the Midwest to supply Indiana and Ohio. It is owned by Panhandle Energy - Southern U ...
, 100% of the Sea Robin Pipeline, the Revolution Pipeline, the Mariner East pipelines, and 32.6% of the Rover pipeline.[ As of 2022, it controlled 11,600 miles of pipelines and two storage facilities in the state of Texas.
]
History
The company was founded by Kelcy Warren and Ray Davis in 1995.[ In 2011, the company along with and Regency Energy Partners purchased midstream assets from ]Castleton Commodities International
Castleton Commodities International, LLC (CCI) is a privately held global merchant firm that is involved in commodity trading and is active in a wide spectrum of global energy markets. Under the name Louis Dreyfus Energy, the company was formed i ...
for $2 billion.
In October 2012, Sunoco
Sunoco LP is an American master limited partnership organized under Delaware state laws and headquartered in Dallas, Texas, that is a wholesale distributor of motor fuels. It distributes fuel to more than 5,500 Sunoco-branded gas stations ...
, Inc. became a wholly owned subsidiary of the company. It acquired the general partner interests, 100% of the incentive distribution rights, and a 32.4% limited partnership interest in Sunoco Logistics Partners L.P., which operates a geographically diverse portfolio of crude oil and refined products pipelines, terminating and crude oil acquisition and marketing assets.[ The same year it acquired Southern Union Company.
In August 2014, the company acquired Susser Holdings Corporation, which operated Stripes, a chain of 580+ convenience stores in ]Texas
Texas (, ; Spanish language, Spanish: ''Texas'', ''Tejas'') is a state in the South Central United States, South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2 ...
, New Mexico
)
, population_demonym = New Mexican ( es, Neomexicano, Neomejicano, Nuevo Mexicano)
, seat = Santa Fe, New Mexico, Santa Fe
, LargestCity = Albuquerque, New Mexico, Albuquerque
, LargestMetro = Albuquerque metropolitan area, Tiguex
, Offi ...
, and Oklahoma, which were re-branded under the Sunoco and A-Plus names.
In January 2015, the company acquired Regency Energy Partners for $11 billion.
In October 2018, the company was renamed as Energy Operating L.P. after it was acquired by Energy Transfer Equity. In September 2019, the company acquired SemGroup
SemGroup Corporation was a publicly-traded company engaged in natural gas, petroleum, and propane pipeline transport. It was organized in Delaware and headquartered in Tulsa, Oklahoma. In December 2019, the company was acquired by Energy Transfer ...
for $5 billion. In January 2020, former Energy Secretary Rick Perry rejoined the company's board.
Dakota Access Pipeline
Dakota Access, LLC is owned 36.4% by the company[ and built the Bakken pipeline, also known as the ]Dakota Access Pipeline
The Dakota Access Pipeline (DAPL) or Bakken pipeline is a underground Pipeline transport, pipeline in the United States that has the ability to transport up to 750,000 barrels of Sweet crude oil, light sweet crude oil per day. It begins in the ...
.[
In April 2016, the ]United States Environmental Protection Agency
The Environmental Protection Agency (EPA) is an independent executive agency of the United States federal government tasked with environmental protection matters. President Richard Nixon proposed the establishment of EPA on July 9, 1970; it ...
, United States Department of the Interior
The United States Department of the Interior (DOI) is one of the executive departments of the U.S. federal government headquartered at the Main Interior Building, located at 1849 C Street NW in Washington, D.C. It is responsible for the m ...
, and Advisory Council on Historic Preservation
Advisory may refer to:
* Advisory board, a body that provides advice to the management of a corporation, organization, or foundation
* Boil-water advisory, a public health directive given by government to consumers when a community's drinking wat ...
requested a full Environmental Impact Statement of the pipeline.
In July 2016, the Standing Rock Sioux Tribe
The Standing Rock Reservation ( lkt, Íŋyaŋ Woslál Háŋ) lies across the border between North and South Dakota in the United States, and is inhabited by ethnic " Hunkpapa and Sihasapa bands of Lakota Oyate and the Ihunktuwona and Paba ...
filed an injunction against the US Army Corps of Engineers
, colors =
, anniversaries = 16 June (Organization Day)
, battles =
, battles_label = Wars
, website =
, commander1 = ...
to stop building the pipeline.
A group of young activists from Standing Rock ran from North Dakota to Washington, D.C. to present a petition in protest of the construction of the pipeline and launched an international campaign called ReZpect Our Water
The Dakota Access Pipeline Protests, also called by the hashtag # NoDAPL, began in April 2016 as a grassroots opposition to the construction of Energy Transfer Partners' Dakota Access Pipeline in the northern United States and ended on Februa ...
. In October 2016, Dakota Access Pipeline protests
The Dakota Access Pipeline Protests, also called by the hashtag # NoDAPL, began in April 2016 as a grassroots opposition to the construction of Energy Transfer Partners' Dakota Access Pipeline in the northern United States and ended on Februa ...
erupted at a construction site near the Cannonball River in North Dakota, resulting in the arrest of hundreds and the use of force by a private security company, North Dakota State and county police, and the New
New is an adjective referring to something recently made, discovered, or created.
New or NEW may refer to:
Music
* New, singer of K-pop group The Boyz
Albums and EPs
* ''New'' (album), by Paul McCartney, 2013
* ''New'' (EP), by Regurgitator ...
Mexico National Guard.
In August 2017, Energy Transfer sued environmental groups Greenpeace USA
Greenpeace USA is the United States affiliate of Greenpeace International, an environmental nonprofit organization that spawned a social movement inspired by direct actions on the high seas to stop whaling and nuclear testing. Headquartered in Wa ...
, BankTrack and Earth First!
Earth First! is a radical environmental advocacy group that originated in the Southwestern United States. It was founded in 1980 by Dave Foreman, Mike Roselle, Howie Wolke, Bart Koehler, and Ron Kezar. Today there are Earth First! groups around ...
under the Patriot Act
The USA PATRIOT Act (commonly known as the Patriot Act) was a landmark Act of the United States Congress, signed into law by President George W. Bush. The formal name of the statute is the Uniting and Strengthening America by Providing Appro ...
.
Energy Transfer accused these activists of attempting to profit via eco-terrorism
Eco-terrorism is an act of violence which is committed in support of environmental causes, against people or property.
The United States Federal Bureau of Investigation (FBI) defines eco-terrorism as "...the use or threatened use of violence ...
.
Banktrack responded that the case is a strategic lawsuit against public participation
Strategic lawsuits against public participation (also known as SLAPP suits or intimidation lawsuits), or strategic litigation against public participation, are lawsuits intended to censor, intimidate, and silence critics by burdening them with ...
without merit and that it is legal to inform the public and banks about projects with 'actual negative social, environmental and human rights impacts.' In 2019 a federal court in North Dakota dismissed the racketeering and defamation lawsuit filed by Energy Transfer Partners LP, the builder of the 1,000-mile Dakota Access Pipeline
The Dakota Access Pipeline (DAPL) or Bakken pipeline is a underground Pipeline transport, pipeline in the United States that has the ability to transport up to 750,000 barrels of Sweet crude oil, light sweet crude oil per day. It begins in the ...
, against Greenpeace USA, EarthFirst and BankTrack for their pipeline protests. The lawsuit alleged Greenpeace USA misled the public with false claims about the Standing Rock Sioux tribes' sacred sites and the likelihood the pipeline would contaminate the Missouri River in North Dakota. In contrast, a 2018 Greenpeace report said Energy Transfer pipelines and those owned by the company's subsidiaries "spilled over 500 times in the last decade."
References
External links
*
{{Authority control
Natural gas companies of the United States
Natural gas pipeline companies
Crude oil pipelines companies
Oil pipeline companies
Petroleum in Texas
Companies based in Dallas
Energy companies established in 1995
Non-renewable resource companies established in 1995
1995 establishments in Texas
American companies established in 1995
Companies listed on the New York Stock Exchange