Midstream

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Sunoco Completes Acquisition Of Susser Holdings

SUN paid $966.9 million in cash and issued ETP's subsidiaries about 21.98 million units valued at about $966.9 million. SHC will be owned by SUN's indirect wholly owned subsidiary. 

Fri, 07/31/2015 - 14:55
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Enbridge Considers Natural Gas, Power Generation M&A

Enbridge Inc. is considering natural gas and power generation acquisitions to help boost the diversity of its asset base, the company's CEO said July 31, Reuters said.

Fri, 07/31/2015 - 11:57
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Follow-on Investment Will Help First River Acquire Texas Gathering

Texas Gathering gathers, markets and blends about 23,000 barrels per day of crude oil, primarily in the West Texas Permian Basin and Eagle Ford Shale.

Thu, 07/30/2015 - 15:27
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HEP Subsidiary Acquires Interest In GT Omniport Terminal

Maverick Terminals LLC acquired majority interest in GT Omniport Terminal from GT Logistics LLC. GT Omniport currently handles crude oil, but will be expanded to handle refined products and NGL.

Wed, 07/29/2015 - 14:49
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Anadarko Not Selling Mozambique LNG Stake

Anadarko Petroleum Corp. has no interest in selling down its stake in planned LNG project in Mozambique, CEO Al Walker said, Reuters reported. Anadarko wants to operate the multibillion-dollar project.

Wed, 07/29/2015 - 11:34
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India’s Reliance Considers Selling US Shale Gas Assets

Indian oil refinery complex operator Reliance invested more than $8 billion in its U.S. unconventional gas joint ventures through March, Bloomberg reported. It is considering sale in private matter.

Tue, 07/28/2015 - 09:29
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Philadelphia Energy Solutions Pursues Bakken Supply Chain JV

PES would receive controlling interest in crude oil rail-loading facility handling 210,000 barrels per day, nearly 1 million barrels of oil storage and 39-mile pipeline in North Dakota, Bloomberg said.

Mon, 07/27/2015 - 15:35
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Saudi Arabian Chemical Manufacturer, Enterprise Sign Shale Gas Agreement

Under deal with Enterprise Partners, feedstock may be used in U.S. or exported, acting CEO Yousef al Benyan told Bloomberg. Saudi Basic Industries Corp. converted U.K. crackers to produce olefins.

Mon, 07/27/2015 - 10:03
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Enterprise Closes Offshore GoM Business Sale

Michael A. Creel, CEO of Enterprise’s general partner, said the proceeds enhance the company’s financial flexibility for Eagle Ford and Permian Basin projects. Including proceeds, current liquidity surpasses $6 billion.

Mon, 07/27/2015 - 09:28
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United Energy Trading Sells Pawnee Crude Terminal

Pawnee Terminal is primary injection site for Tallgrass Energy Partners’ Northeast Colorado Lateral on the Pony Express Pipeline, which takes crude oil from Bakken and Niobrara formations to Cushing, Okla.  

Fri, 07/24/2015 - 10:54
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First River Energy Acquires Texas Gathering Co.

Texas Gathering Co. gathers about 24,000 barrels per day of crude, primarily in Texas. Owner Travis Davis and management team joined First River Energy and will continue managing the business.

Fri, 07/24/2015 - 09:30
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QEPM, TLLP Merger Approved

The merger of QEP Midstream Partners LP and Tesoro Logistics LP  was approved during a unitholder meeting in San Antonio on July 21.

Tue, 07/21/2015 - 16:44

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