Shell Submits Rates For La.-To-Texas Pipeline To FERC

Law360, New York (September 20, 2013, 5:21 PM EDT) -- Royal Dutch Shell PLC has asked federal regulators to approve shipping rates for two small sections of a Louisiana-to-Texas oil pipeline whose direction the company is in the process of reversing.

The company made its request Sept. 17, and is seeking to charge 31.08 per barrel between Caillou Island — a small oil outpost about a half-mile off the Louisiana coast — and Clovelly, La., and to charge 27.42 cents between Clovelly and Houma, about 80 miles away. The two legs represent the tail end of...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.