Finance - Acquisitions Divestitures


Buckeye Closes $860 Million Acquisition

Buckeye Partners LP completed its $860 million purchase of an 80% interest in Buckeye Texas Partners LLC from Trafigura AG. 

Wed, 09/17/2014 - 09:53

Enbridge Proposes $900 Million Dropdown To Enbridge Energy Partners

Enbridge Energy Partners LP (EEP) received a proposal initiated by Enbridge Inc., under which Enbridge would drop down its 66.7% interest in the U.S. segment of the Alberta Clipper Pipeline to EEP for total consideration of about $900 million. 

Wed, 09/17/2014 - 09:52

Western Refining To Acquire ConocoPhillips Idled Wingate Plant

Western Refining Inc. entered into an agreement to acquire the 25,000 barrel per day idled Wingate fractionation plant in Gallup, N.M. 

Wed, 09/17/2014 - 09:51

Pioneer Announces Closing Of Sale Of Kansas Assets

Pioneer Natural Resources Co. closed the previously announced sale of its Kansas assets in the Hugoton Field to Linn Energy LLC. 

Fri, 09/12/2014 - 11:20

A ‘Midstream Boom’ Could Benefit From $1 Trillion

“If you’re thinking about where it will happen next, just think about where there is high [production] growth,” Jefferies’ Marko says.

Nissa Darbonne
Thu, 09/11/2014 - 07:34

Boardwalk Pipeline’s “Bold Move” Takes Shape

After an inauspicious start to 2014, Boardwalk follows through on growth-by-acquisitions strategy.

Deon Daugherty
Thu, 09/04/2014 - 14:17

Buckeye Partners Acquires $860 Million Of Trafigura AG Assets

Buckeye Partners LP agreed to acquire 80% of Trafigura AG’s membership interests in the entity holding its Eagle Ford midstream assets in South Texas, Trafigura Terminals LLC. 

Thu, 09/04/2014 - 10:49

Baker Hughes Acquires Weatherford Business

Baker Hughes Inc. closed its previously announced purchase of Weatherford International Plc’s pipeline and specialty services business, the companies announced on Sept. 2. 

Wed, 09/03/2014 - 09:23

IGS Energy To Acquire Border Energy

IGS Energy agreed to acquire Border Energy, a retail natural gas and electricity supplier based in Powell, Ohio.

Tue, 09/02/2014 - 16:12

Pembina Chooses Export Location, Acquires Pipeline

Calgary-based Pembina Pipeline Corp. selected the site for its planned West Coast propane export terminal and entered agreements to acquire the Vantage Pipeline system and an interest in the Saskatchewan Ethane Extraction Plant (SEEP), the company announced on Sept. 2.

Tue, 09/02/2014 - 11:25

JV To Own Proposed Atlantic Coast Pipeline

Major U.S. energy companies Dominion, Duke Energy, Piedmont Natural Gas and AGL Resources formed a joint venture (JV) to build and own the proposed Atlantic Coast Pipeline, the companies announced on Sept. 2. 

Tue, 09/02/2014 - 11:22

Commodity Prices, Activist Investors Likely To Spur More Deals

Price pressures on commodities are likely to drive more deals and private equity will likely continue to invest.

Darren Barbee
Wed, 08/27/2014 - 09:40