Magellan, LBC Tank Terminals Form JV

More than 700,000 barrels of crude oil storage capacity and other infrastructure will be built through the roughly-$95 million project, supported by a long-term commitment with a major refiner. 

Tue, 06/30/2015 - 13:43

Ferrellgas Finalizes Close Of Bridger Logistics Acquisition

Ferrellgas Partners LP completed the close of the Bridger Logistics acquisition for about $562.5 million and 11.2 million common units. Purchase and sale agreement was entered on June 1. 

Fri, 06/26/2015 - 10:28

Total In Talks To Sell Frigg Pipeline To ArcLight

Total SA talks sale of Frigg pipeline network to ArcLight Capital Partners, two people familiar with private matter told Bloomberg. Frigg takes U.K. North Sea gas to St. Fergus, Scotland.

Thu, 06/25/2015 - 13:52

Additive Producer FDEP Formed Under JV

Freestone Dynamis Energy Products LLC, formed after more than year of strategy development, will produce Petrozene additive for tanker sludge, paraffin problems, storage tank maintenance and other issues.

Thu, 06/25/2015 - 11:39

Enbridge Sells Canadian Liquids Pipelines In Dropdown

Enbridge Income Fund Holdings Inc. will buy Enbridge Inc.’s Canadian liquids pipeline business and some renewable energy assets for C$30.4 billion (US$24.8 billion), Bloomberg said. 

Fri, 06/19/2015 - 10:48

PBF Energy Will Buy Chalmette Refining

ExxonMobil’s full interest in MOEM Pipeline LLC, and the 80% interests in Collins Pipeline Co. and T&M Terminal Co., are also being purchased under an agreement between ExxonMobil and PBF.

Thu, 06/18/2015 - 15:15

Cequence Closes Simonette Sale With Kanata

Shallow-cut refrigeration system and sales connection to TransCanada’s NGTL system will be added at 13-11-62-27W5M compression and dehydration facility, which will process 120 million cubic feet per day of gas.

Thu, 06/18/2015 - 11:13

KNOT Offshore Partners Closes Dan Sabia Tanker Acquisition

KNOT Offshore Partners LP acquired ownership interests in owner and operator of shuttle tanker Dan Sabia for $103 million. Dan Sabia operates offshore Brazil under charter with Petrobras Transporte SA. 

Wed, 06/17/2015 - 11:05

Tidewater Midstream Enters Gas Processing Facility Agreement

Tidewater Midstream and Infrastructure Ltd. entered an agreement with private company vendors to acquire their 63% operated working interest in a West Pembina, Alberta, gas processing facility and pipelines.

Wed, 06/17/2015 - 09:19

Sale Of Land For Shell Chemical Appalachia’s Ethane Cracker Closes

Shell Chemical Appalachia LLC has not made a final decision on whether to build an ethane cracker plant on site of Horsehead Corp.’s former zinc smelter in Beaver County, Pa.

Tue, 06/16/2015 - 14:30

Seventy Seven Energy Wraps Up Trucking Company Sale

Seventy received $42 million for the sale of Hodges to an Aveda Transportation subsidiary. Hodges currently operates and owns about 900 pieces of rig moving and heavy haul equipment. 

Tue, 06/16/2015 - 09:35

Willbros Closes Initial Sale Of Professional Services Segment

Willbros has retained Greenhill & Co. LLC to represent the company and manage the sale process.

Mon, 06/15/2015 - 08:27