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NEWS
September 13, 1989
Santa Fe Pacific Pipelines Inc. appears close to winning legislative passage of a bill that would significantly change the way cities levy fees for underground rights of way--a revision that some larger cities say would cost them millions of dollars in future revenues. Under two 42-year-old laws, smaller, general-law cities are limited in the amount of fees they can levy for pipelines used by more than one oil company--those known as common carrier pipelines.
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BUSINESS
April 25, 1997
Santa Fe Pacific Pipeline Partners L.P. said it is joining TransCanada Pipelines Ltd. in an $8.5-million venture to construct and operate a transmix processing facility at Santa Fe's Colton terminal. The facility, which is expected to start operating in early 1998, will convert transmix into finished petroleum products. Transmix is the mixture of gasoline and distillate products that occurs as a result of pipeline and terminal operations.
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BUSINESS
April 25, 1997
Santa Fe Pacific Pipeline Partners L.P. said it is joining TransCanada Pipelines Ltd. in an $8.5-million venture to construct and operate a transmix processing facility at Santa Fe's Colton terminal. The facility, which is expected to start operating in early 1998, will convert transmix into finished petroleum products. Transmix is the mixture of gasoline and distillate products that occurs as a result of pipeline and terminal operations.
BUSINESS
April 11, 1997 | Times Staff and Wire Reports
Santa Fe Pacific Pipeline Partners LP said several major oil refiners have filed a complaint alleging that Santa Fe's pipeline rates in California are too high. The complaint, filed by Arco Products Co., Mobil Oil and Texaco Refining & Marketing Inc. asks the state Public Utilities Commission to reduce Santa Fe's rates for transporting refined petroleum products through its pipeline system in the state. If approved, a rate reduction would adversely affect the company's future revenue.
BUSINESS
January 10, 1997
Santa Fe Pacific Pipeline Partners L.P., which operates an independent refined petroleum products pipeline, reported net income of $52.3 million, or $2.64 a unit, for 1996, compared with $40.4 million, or $2.04 a unit, in 1995. The figures include $23 million last year and $34 million in 1995 for environmental and litigation costs. Revenue gained 3% to $240.1 million from $233.7 million. Net income for the fourth quarter totaled $5.4 million, or 27 cents a unit, contrasted with a net loss of $4.
BUSINESS
April 11, 1997 | Times Staff and Wire Reports
Santa Fe Pacific Pipeline Partners LP said several major oil refiners have filed a complaint alleging that Santa Fe's pipeline rates in California are too high. The complaint, filed by Arco Products Co., Mobil Oil and Texaco Refining & Marketing Inc. asks the state Public Utilities Commission to reduce Santa Fe's rates for transporting refined petroleum products through its pipeline system in the state. If approved, a rate reduction would adversely affect the company's future revenue.
BUSINESS
February 19, 1995
* Ian L. White-Thomson, president and chief executive of U.S. Borax Inc., has been appointed chief executive of RTZ Borax & Minerals, the world's leading producer of borax and borate products, effective April 1. White-Thomson, 58, succeeds Gordon H. Sage, who will join the RTZ Corp. board and be chairman of RTZ Borax & Minerals. White-Thomson joined Borax in 1960 in London. He has held a variety of executive sales and marketing positions. U.S.
NEWS
September 14, 1989 | MARK GLADSTONE, Times Staff Writer
A major pipeline company appears close to winning legislative passage of a bill that would significantly change the way cities levy fees for underground rights of way, a revision that some larger cities say would cost them millions of dollars in future revenues. The bill, sought by Santa Fe Pacific Pipelines Inc., was approved by a 5-1 vote Tuesday by a joint legislative conference committee. Assemblywoman Gwen Moore (D-Los Angeles), cast the only no vote. The legislation by Sen. Newton R.
BUSINESS
January 10, 1997
Santa Fe Pacific Pipeline Partners L.P., which operates an independent refined petroleum products pipeline, reported net income of $52.3 million, or $2.64 a unit, for 1996, compared with $40.4 million, or $2.04 a unit, in 1995. The figures include $23 million last year and $34 million in 1995 for environmental and litigation costs. Revenue gained 3% to $240.1 million from $233.7 million. Net income for the fourth quarter totaled $5.4 million, or 27 cents a unit, contrasted with a net loss of $4.
NEWS
September 13, 1989
Santa Fe Pacific Pipelines Inc. appears close to winning legislative passage of a bill that would significantly change the way cities levy fees for underground rights of way--a revision that some larger cities say would cost them millions of dollars in future revenues. Under two 42-year-old laws, smaller, general-law cities are limited in the amount of fees they can levy for pipelines used by more than one oil company--those known as common carrier pipelines.
NEWS
September 14, 1989 | MARK GLADSTONE, Times Staff Writer
A major pipeline company appears close to winning legislative passage of a bill that would significantly change the way cities levy fees for underground rights of way--a revision that some larger cities, including Long Beach, say would cost them millions of dollars in revenues. The bill, sought by Santa Fe Pacific Pipelines Inc., was approved Tuesday by a 5-1 vote of a joint legislative conference committee. The legislation by Sen. Newton R.
NEWS
August 9, 1992 | RICK HOLGUIN, TIMES STAFF WRITER
Recent tests indicate that contaminants from the Department of Defense's jet fuel depot have traveled farther than previously known, tainting soil and ground water under residences 500 feet south of the depot property line.
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