Finance - Acquisitions Divestitures

Phillips 66 Partners To Buy S. Louisiana NGL Logistics Assets

Phillips 66 Partners To Buy S. Louisiana NGL Logistics Assets

2016/08/26

Emerson Will Acquire Pentair’s Valves And Controls Business

This transaction follows Emerson’s recently announced divestitures of Network Power, Leroy-Somer and Control Techniques for a total of $5.2 billion. 

Erin Pedigo
2016/08/24

Enterprise Products Reportedly Approached Williams Over Acquisition

Enterprise's approach came after peer Energy Transfer Equity  terminated its merger agreement with Williams in June after a prolonged legal battle.

Emily Moser
2016/08/19

Williams To Sell Canadian Operations To Inter Pipeline

This is the first major deal by Williams Cos. since Energy Transfer Equity walked away from its more than $20 billion takeover of the company in June.

Emily Moser
2016/08/09

EagleClaw Midstream Ventures Will Acquire PennTex Permian

EagleClaw said the acquisition is likely to be completed in the third quarter of 2016.

Erin Pedigo
2016/08/05

Charif Souki, Martin Houston's Tellurian To Merge With Magellan

The Denver company said it entered a definitive merger agreement with Tellurian Investments Inc. to acquire the private company headed by former executives of Cheniere Energy and BG Group for an undisclosed amount.

Emily Moser
2016/08/04

Petrobras Could Get US$768 Million By Selling LNG Distributor Liquigas

Liquigas, which has a 23% market share in Brazil's LNG market, has 23 plants, 19 warehouses and a network of 4,800 resale shops across Brazil, Reuters reported.

Erin Pedigo
2016/08/03

Enbridge, Marathon Petroleum Buy Minority Stake In Bakken Pipeline

The deal involves the Enbridge-Marathon JV paying $2 billion to Energy Transfer Partners and Sunoco Logistics Partners for a 49% stake in the holding company that owns 75% of the system.

Emily Moser
2016/08/03

Sinopec Will Sell Stake In Gas Pipeline Business

China wants to boost investment in the country's patchy 90,000-kilometer gas grids, which are less than one-fifth the size of the system in the U.S., Reuters reported. 

Erin Pedigo
2016/08/02

EnLink Midstream, NGP Form JV To Expand Delaware Basin Business

A subsidiary of the Dallas company, EnLink Midstream LLC, entered an approximately $800 million JV agreement with a NGP affilate to operate and expand EnLink's natural gas, NGL and crude oil midstream assets in the Delaware.

Emily Moser
2016/08/02

Williams Will Move Forward Alone After ETE Deal Collapse

Shortly following the deal's collapse, nearly half of Williams' board resigned after failing to oust Armstrong, Reuters reported.

Erin Pedigo
2016/08/01

Shell, Phillips Boost Shares In Explorer Pipeline

Midstream majors Shell and Phillips buy additional equity interest in Explorer Pipeline Co.

2016/07/28

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