Midstream

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Tidewater To Buy Alberta Deep Basin Gas Processing, Gathering Assets

The assets include 100% working interest in select Deep Basin and central Alberta gas processing facilities and related infrastructure. The majority are located in Tidewater's core West Pembina region.

Emily Moser
Wed, 02/03/2016 - 07:53
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NGL Energy Partners Closes Sale Of TransMontaigne GP Ownership Interests

In connection with the transaction, TransMontaigne Partners LP’s senior secured credit facility was amended, reflecting ArcLight as the indirect owner of the general partner interest.

Erin Pedigo
Tue, 02/02/2016 - 16:38
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Zenith Energy Acquires Amsterdam Terminaling Assets from From BP

Facility stores more than 6 million barrels of gasoline, ethanol, middle distillates, biodiesel, kerosene and LPG. Terminal assets are on the North Sea Canal in Amsterdam, Rotterdam and Antwerp region.

Erin Pedigo
Tue, 02/02/2016 - 11:26
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PBF Logistics To Buy Four US Refined Product Terminals

PBF Logistics said the deal, which will add third-party customers to its revenue base, is expected to close in the second quarter.

Emily Moser
Tue, 02/02/2016 - 07:41
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KMI Closes Acquisition Of BP North America’s Refined Product Terminals

About 160 former BP employees were included as part of the roughly-$350 million transaction. KMI will operate and market 14 of the terminals, which the joint venture will own. 

Erin Pedigo
Mon, 02/01/2016 - 12:19
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CenterPoint Considers Review Of $363 Million Enable Midstream Investment

This follows CenterPoint's $363 million investment in Enable Midstream's preferred securities on Jan. 29, through early redemption of notes payable to a CenterPoint unit of the same amount, Reuters said.

Erin Pedigo
Mon, 02/01/2016 - 10:12
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Phillips 66 Considers Raising Stake In ETP Project Transporting Bakken Oil

Company president TimTaylor said Bakken crude moved to Texas could be placed on the new system, loaded onto tankers and sent to Phillips 66's New Jersey refinery, Reuters reported.

Erin Pedigo
Mon, 02/01/2016 - 09:35
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Shell Refining Co. Shares Will Be Sold To Malaysia Hengyuan Refiner

The 51% stake will go to Malaysia Hengyuan International Ltd., a unit of China's Shandong Hengyuan Petrochemical Co. Shareholders will hold remaining shares, Reuters said.

Erin Pedigo
Mon, 02/01/2016 - 09:27
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Dominion To Buy Natural Gas Distributor Questar

Dominion will get about 27,500 miles of gas distribution pipelines, 3,400 miles of gas transmission pipeline and 56 billion cubic feet of working gas storage.

Emily Moser
Mon, 02/01/2016 - 07:40
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Enbridge To Buy Murphy's British Columbia Gas Plants

The assets would boost its natural gas footprint in Montney, one of the most attractive gas plays in North America, the company said.

Erin Pedigo
Wed, 01/27/2016 - 16:48
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Shell Shareholders Approve $49 Billion BG Takeover

As many as 83% of shareholders voted in favour and 17% against the deal, one of the largest in the energy sector in the past decade.

Emily Moser
Wed, 01/27/2016 - 07:40
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Schlumberger Agrees To Receive Equatorial Guinea FLNG Interest

A non-binding heads of terms agreement was signed under which Schlumberger would receive 40% interest in Ophir’s FLNG Fortuna project in Equatorial Guinea, Reuters said.

Erin Pedigo
Mon, 01/25/2016 - 09:45

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