Spectra Energy Corp. and Spectra Energy Partners will acquire, through their affiliate Spectra Energy Transmission II LLC, 100% of the equity interests in Brazoria Interconnector Gas Pipeline LLC (BIG).
After announcing in December that he would relinquish the role of CEO of Kinder Morgan Inc. (KMI) to current COO Steve Kean, Richard Kinder said during a Jan. 21 earnings call that the transition will occur on June 1.
The purchase price includes assumption of debt, Bloomberg said.
OPEC is not Pickens’ favorite cartel, but also not to blame for oil slump.
Global Partners LP acquired a terminal in Boston Harbor from privately held affiliated company Global Petroleum Corp. for a total consideration of $23.65 million, subject to customary post-closing adjustments.
Marlin Midstream Partners LP announced that Marlin, its sponsor NuDevco Midstream Development LLC and Azure Midstream Energy LLC entered into definitive agreements that will result in Azure owning 100% of Marlin’s general partner.
The EnLink Midstream companies EnLink Midstream Partners LP (ENLK) and EnLink Midstream LLC (ENLC) announced that a subsidiary of ENLK signed a definitive agreement to acquire LPC Crude Oil Marketing LLC.
NuStar Energy LP said Jan. 9 that it has acquired full ownership of a refined products terminal in Linden, N.J., which is located in the New York Harbor.
Tallgrass Energy Partners LP announced that Tallgrass Development LP has offered it the right to purchase a 33.3% interest in Tallgrass Pony Express Pipeline LLC.
Baker Botts advised clients on over 35 major M&A transactions (including spin-offs and split-offs) valued at nearly $200 billion in second-half 2014.
Buckeye Partners LP completed the sale of all of the outstanding limited liability company interests in Lodi Gas Storage LLC.
Keyera Corp. has closed its previously announced acquisition of a 70.79% ownership interest in the Ricinus deep-cut gas plant in west central Alberta for a purchase price of CA$65 million (US$56 million).