Finance - Acquisitions Divestitures


American Midstream Buys Costar Midstream

American Midstream Partners LP acquired Costar Midstream LLC from Energy Spectrum Partners VI LP and Costar management for about $470 million. 

Wed, 10/15/2014 - 10:44

Atlas Energy Bites On Takeover Bid Of Nearly $8 Billion

The remainder of Atlas Energy's E&P holdings will be spun off before they are acquired by Targa Resources.

Darren Barbee
Tue, 10/14/2014 - 10:38

NuDevco Midstream Buys New Mexico Land

NuDevco Midstream Development LLC, sponsor of Houston-based Marlin Midstream Partners LP, purchased land in Eunice, N.M., for a crude oil terminalling site. 

Tue, 10/14/2014 - 10:22

Statoil Sells Shah Deniz Stake To Petronas

Statoil has sold its 15.5% participating interest in the Shah Deniz production-sharing agreement.

Mon, 10/13/2014 - 10:00

Linn Energy Divests $2.3 Billion In Assets To Fund Devon Energy Deal

Houston MLP looks to reduce capital intensity and decline rate in 2015.

Deon Daugherty
Mon, 10/06/2014 - 13:16

Consolidation Now?

According to a UBS report, with MLPs approaching the end of their rapid growth cycle, there is an increasing chance of a series of consolidations in the space. 

Frank Nieto
Thu, 10/02/2014 - 11:29

Enterprise Products Acquires Interests In Oiltanking Partners, Proposes Merger

Enterprise Products Partners LP announced on Oct. 1 that it acquired the general partner and related incentive distribution rights, 15,899,802 common units and 38,899,802 subordinated units in Oiltanking Partners LP from Oiltanking Holding Americas Inc. 

Wed, 10/01/2014 - 12:04

TransCanada Sells 30% Interest In Bison Pipeline

TransCanada Corp. agreed to sell its remaining 30% interest in Bison Pipeline LLC to its MLP TC PipeLines LP (TCP), TransCanada announced on Oct. 1.

Wed, 10/01/2014 - 12:00

Encana Sells Bighorn Assets For US$1.8 Billion

Encana Corp. completed its previously announced sale of its Bighorn assets in Alberta to Jupiter Resources for about CA$2 billion (US$1.8 billion), the company announced.

Wed, 10/01/2014 - 11:57

NiSource To Separate Into Two Publicly Traded Companies

NiSource Inc. announced that its board of directors approved its plan to separate into two publicly traded companies—NiSource Inc., a fully regulated gas and electric utilities company, and Columbia Pipeline Group Inc., an MLP with expected initial assets including a 14.6% interest in CPG OpCo LP, which will own about all of NiSource’s gas transmission, midstream and storage assets.

Mon, 09/29/2014 - 11:24

EnLink Midstream To Acquire Gulf Coast Gas Pipeline Systems

EnLink Midstream companies EnLink Midstream Partners LP and EnLink Midstream LLC announced that a subsidiary of the partnership entered into a definitive agreement with Chevron Pipe Line Co. and Chevron Midstream Pipelines LLC.

Mon, 09/29/2014 - 11:22

Encana Buys Athlon Energy For $5.93 Billion

Encana Corp., Canada’s second-largest natural gas producer, agreed to buy Athlon Energy Inc. for $5.93 billion in cash, gaining a foothold in the most prolific U.S. oil-producing region, Bloomberg said Sept. 29.

Mon, 09/29/2014 - 11:18