Buckeye Partners LP completed its $860 million purchase of an 80% interest in Buckeye Texas Partners LLC from Trafigura AG.
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.
Western Refining Inc. entered into an agreement to acquire the 25,000 barrel per day idled Wingate fractionation plant in Gallup, N.M.
Pioneer Natural Resources Co. closed the previously announced sale of its Kansas assets in the Hugoton Field to Linn Energy LLC.
“If you’re thinking about where it will happen next, just think about where there is high [production] growth,” Jefferies’ Marko says.
After an inauspicious start to 2014, Boardwalk follows through on growth-by-acquisitions strategy.
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.
Baker Hughes Inc. closed its previously announced purchase of Weatherford International Plc’s pipeline and specialty services business, the companies announced on Sept. 2.
IGS Energy agreed to acquire Border Energy, a retail natural gas and electricity supplier based in Powell, Ohio.
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.
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.
Price pressures on commodities are likely to drive more deals and private equity will likely continue to invest.