Thursday May 2
UPDATE 1-Kinder Morgan to expand Eagle Ford crude pipeline
Kinder Morgan Energy Partners will expand a pipeline under construction to move crude oil from the Eagle Ford shale oil play in Texas to Phillips 66's 247,000 barrel-per-day refinery in Sweeny, Texas, the company said on Thursday.
First State Bank to buy Sugar Land mortgage company
Louise Bancshares Inc. has filed with regulators to purchase a 90 percent interest in a Sugar Land mortgage company through its Louise-based subsidiary, First State Bank.
Phillips 66 pursuing development of fractionator
Refining and pipeline company Phillips 66 is pursuing development of a 100,000 barrel-per-day natural gas liquids fractionator in Texas.