Finance - News

Antero Midstream GP LP Launches IPO

The company will be listed on the New York Stock Exchange as AMGP.


OMV To Secure Financing For Nord Stream 2 Pipeline

Austrian oil and gas group OMV AG said April 24 it would provide long-term financing to secure 30% of its share of project costs of the Nord Stream 2 pipeline from Russia.


LNG Developer NextDecade To Merge With Blank-Check Company

Founded in 2010, NextDecade is a developer of LNG projects that is currently focused on a land-based U.S. Gulf Coast export project located close to the Permian and Eagle Ford.


ONEOK Announces New $2.5 Billion Revolving Credit Facility

Terry K. Spencer, president and CEO of ONEOK and ONEOK Partners, said this is a positive step in the move forward as one standalone company.


Chevron Sells Canadian Downstream Fuel Business In $1.1 Billion Deal

Chevron, aiming to achieve neutral cash flow this year, is also boosting spending on its low-cost Permian shale operations.


Williams Sells Geismar Olefins Plant To NOVA For $2.1 Billion

Deal will fund capital plans, provide revenue stream for partnership.


NuStar Energy Announces Pricing Of Common Units

Offering intended to fund purchase of Navigator.


Stakeholder Acquires Gas Gathering System In Permian's Northwest Shelf

The San Antonio-based company agreed to acquire the Lovington Gas Gathering System, which serves producers in Lea and Chaves counties, N.M., from Lucid Energy Group for an undisclosed amount.


Hess Midstream Partners Prices Upsized IPO

The offering is expected to close on April 10. Upon closing, the public will hold an approximate 26.5% limited partner interest. If the underwriters exercise the option in full, that interest will be an approximate 30.5%.


Talllgrass Energy Partners Boosts Ownership In Rockies Express Through Dropdown

The Leawood, Kan.-based company said April 3 it acquired an additional 24.99% membership interest Rockies Express Pipeline LLC (REX) from Tallgrass Development LP for $400 million in cash.


Northwest Pipeline Issues Private Placement Of Notes

The net proceeds will repay the $185 million of 5.95% senior notes due 2017 upon their maturity on April 15, and support general corporate purposes.


Hess Midstream Partners Opens IPO

The units will trade on the New York Stock Exchange under the ticker symbol "HESM."