Market volatility a driving factor in mergers and acquisitions.
Watco also named Will Patterson and Derek Penner as Terminal and Port Services senior vice presidents of marketing and sales.
Energy Transfer Partners LP (ETP) and Regency Energy Partners LP entered into a definitive merger agreement.
Spectra Energy Corp. and Spectra Energy Partners will acquire, through their affiliate Spectra Energy Transmission II LLC, 100% of the equity interests in Brazoria Interconnector Gas Pipeline LLC (BIG).
After announcing in December that he would relinquish the role of CEO of Kinder Morgan Inc. (KMI) to current COO Steve Kean, Richard Kinder said during a Jan. 21 earnings call that the transition will occur on June 1.
The purchase price includes assumption of debt, Bloomberg said.
OPEC is not Pickens’ favorite cartel, but also not to blame for oil slump.
Global Partners LP acquired a terminal in Boston Harbor from privately held affiliated company Global Petroleum Corp. for a total consideration of $23.65 million, subject to customary post-closing adjustments.
Marlin Midstream Partners LP announced that Marlin, its sponsor NuDevco Midstream Development LLC and Azure Midstream Energy LLC entered into definitive agreements that will result in Azure owning 100% of Marlin’s general partner.
The EnLink Midstream companies EnLink Midstream Partners LP (ENLK) and EnLink Midstream LLC (ENLC) announced that a subsidiary of ENLK signed a definitive agreement to acquire LPC Crude Oil Marketing LLC.
NuStar Energy LP said Jan. 9 that it has acquired full ownership of a refined products terminal in Linden, N.J., which is located in the New York Harbor.
Tallgrass Energy Partners LP announced that Tallgrass Development LP has offered it the right to purchase a 33.3% interest in Tallgrass Pony Express Pipeline LLC.