Genesis Energy LP announced that it has agreed to acquire the MT American Phoenix and two related charters and management agreements from Mid Ocean Tanker Co. for about $157 million.
EnLink Midstream LLC dropped down its equity interests in E2 Appalachian Compression LLC and E2 Energy Services LLC to EnLink Midstream Partners LP.
Phillips 66 Partners agreed to acquire two newly constructed crude oil rail-unloading facilities and certain assets associated with the Cross-Channel Connector Pipeline from Phillips 66.
The Kinder Morgan Inc. consolidation is expected to close before Nov. 27, chairman and CEO Richard Kinder said.
DONG Energy and the state owned entity, Energinet.dk, signed an agreement under which Energinet.dk will acquire DONG Energy’s 100% ownership stake in DONG Storage.
QEP Resources Inc. announced that its wholly owned subsidiary QEP Field Services Co. entered into a definitive agreement to sell its midstream business, including its ownership interest in QEP Midstream Partners LP, to Tesoro Logistics LP.
American Midstream Partners LP acquired Costar Midstream LLC from Energy Spectrum Partners VI LP and Costar management for about $470 million.
The remainder of Atlas Energy's E&P holdings will be spun off before they are acquired by Targa Resources.
NuDevco Midstream Development LLC, sponsor of Houston-based Marlin Midstream Partners LP, purchased land in Eunice, N.M., for a crude oil terminalling site.
Statoil has sold its 15.5% participating interest in the Shah Deniz production-sharing agreement.
Houston MLP looks to reduce capital intensity and decline rate in 2015.
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.