Plains All American, EPIC Crude Pipeline, ExxonMobil: Your Daily Energy News

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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

PIPELINES
Plains All American Gives Up on Proposed Steel Pipe Surcharge - U.S. pipeline operator Plains All American Pipeline LP (NYSE:PAA) has abandoned a plan to institute a surcharge to offset Section 232 steel tariffs for its new Cactus II Pipeline, following objections by ConocoPhillips (NYSE:COP) and Encana (NYSE:ECA), according to regulatory documents. The proposed tariff would have been 5 cents per barrel on its 670,000-barrel-per-day Cactus II crude oil line from the Permian Basin to refineries on the Gulf Coast. (Kallanish Energy)

EPIC Lowers Permian-to-Gulf Coast Crude Oil Pipeline Rates- EPIC Crude Pipeline LP has proposed a lower rate to transport crude oil on its new 400,000 barrel-per-day pipeline from the Permian Basin to the U.S. Gulf Coast, effective Sept. 1, according to regulatory filings this week. The company proposed to drop tariff rates for all volumes on the line to $1.35 a barrel, down from the current $2.50 a barrel tariff, which had already been reduced from $5 a barrel before the pipeline began operations in mid-August. (Project 300490131) (Reuters)

PRODUCTION
ExxonMobil's FPSO Vessel Arrives Offshore Guyana - Exxon Mobil Corporation's (NYSE:XOM) (ExxonMobil) first oil production vessel has arrived off the coast of Guyana as the company prepares for massive growth along the South American nation. The floating, production, storage and offloading (FPSO) vessel will lead production from 17 wells during the first phase of development, called Liza Phase 1, starting in early 2020. (Project 300322396) (Houston Chronicle)

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