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Finance

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Finance News

  • ONEOK Named To NYSE Century Index


    ONEOK, Inc. was named to the New York Stock Exchange Century Index, a new index that recognizes 100-year-old publicly traded companies that have demonstrated consistent historical growth and shareholder value.
    - May. 17 2012
  • Inergy Midstream Acquires US Salt From Inergy


    Inergy Midstream, L.P. acquired 100% of the membership interests in US Salt LLC (US Salt) from Inergy L.P. (NRGY) for total consideration of $192.5 million.
    - May. 15 2012
  • Valero Offered $350 Million For Idled Aruba Refinery


    Valero Energy received an offer of $350 million for its idled Aruba refinery, and PetroChina is being described as an interested party, according to a recent Dow Jones report.
    - May. 14 2012
  • AltaGas Reaches Settlement Agreement For SEMCO Acquisition


    AltaGas Ltd. reached a settlement agreement with the staff of the Michigan Public Service Commission (MPSC) with respect to its acquisition of SEMCO Holding Corp.
    - May. 11 2012
  • Kinder Morgan, El Paso Set Date For Merger Completion


    Kinder Morgan, Inc. and El Paso Corp. received all regulatory approvals required to close their merger.
    - May. 10 2012
  • MORE »

Finance Exclusives

  • Despite Challenges, Chesapeake Energy Remains Confident


    The past few months have brought considerable headwinds, including an SEC investigation and shareholder lawsuit, Chesapeake Energy remains confident that its future is bright.
    - May. 17 2012
  • Private Equity On The Road, Raising Nearly $27 Billion


    Some dozen private-equity fund companies that invest in energy--oil and gas, services and midstream-- are wearing out the shoe leather, raising new capital this year.
    - May. 9 2012
  • Amount Of Capital Available To Upstream, Midstream Is ‘Truly Staggering’


    For upstream and midstream, panelists cite about $30 billion of available capacity to the investor.
    - Apr. 24 2012
  • Marcellus Midstream 2012: Financial Opportunity Is Exploding In The Midstream


    Enormous volumes of gas and natural gas liquids produced from horizontal wells have blown open the doors to the midstream world, new players and new capital are rushing in.
    - Mar. 26 2012
    - free
  • Marcellus Midstream 2012: Williams Partners To Acquire Caiman Marcellus Assets; Form Utica JV


    Officials from Williams Partners and Caiman Energy discussed the sale of Caiman's Marcellus midstream assets to Williams along with their joint venture in the Utica shale at this week's Hart Energy Marcellus Midstream conference.
    - Mar. 22 2012
  • MORE »

Acquisitions & Divestitures

  • Crosstex To Enter Utica Shale Through Clearfield Acquisition


    Crosstex Energy LP signed a definitive agreement to acquire Clearfield Energy Inc., a crude oil, condensate and water services company operating in the Utica shale, for $210 million.
    - May. 10 2012
  • Rex Energy Announces Sale Of Midstream Assets


    Rex Energy Corp. announced that it, together with its partners in Keystone Midstream Services, LLC, entered into an agreement and plan of merger with a subsidiary of MarkWest Energy Partners L.P.
    - May. 8 2012
  • Delta Subsidiary To Acquire Trainer Refinery Complex


    Delta Air Lines’ wholly owned subsidiary, Monroe Energy LLC, has reached agreement with Phillips 66 to acquire the Trainer refinery complex south of Philadelphia.
    - May. 1 2012
  • Williams Partners Completes Caiman Eastern Acquisition


    Williams Partners L.P. completed its previously announced acquisition of Caiman Energy's wholly owned subsidiary, Caiman Eastern Midstream, LLC.
    - Apr. 30 2012
  • ETP Reaches Agreement To Acquire Sunoco Inc.


    Energy Transfer Partners, LP and Sunoco Inc. entered into a definitive merger agreement whereby ETP will acquire Sunoco.
    - Apr. 30 2012
  • MORE »

Debt & Equity

  • Summit Midstream Announces $265 Million Increase To Credit Facility


    Summit Midstream Partners LLC announced that its wholly-owned subsidiary, Summit Midstream Holdings, LLC, has closed on a $265 million increase to, and amendment and restatement of, its revolving credit facility.
    - May. 9 2012
  • Reliance Industries Secures $2B Credit Facility For Petrochemical Plant Expansions


    Reliance Industries Limited signed a $2 billion equivalent loan with nine banks covered by Euler Hermes Deutschland AG for a petrochemical plant expansions at Jamnagar, Hazira, Silvassa and Dahej in India.
    - May. 9 2012
  • PetroLogistics Prices IPO


    PetroLogistics LP filed an amendment to price its IPO of 35 million shares between $19 and $21 per unit in order to raise up to $805 million.
    - Apr. 24 2012
  • Williams Announces Public Offering of Common Stock


    Williams (NYSE: WMB) it intends to commence an underwritten public offering of 26,000,000 shares of its common stock.
    - Mar. 29 2012
  • Transco Announces Extension Of Exchange Offer


    Transcontinental Gas Pipe Line Co. LLC announced it has extended its offer to exchange all of its privately placed outstanding 5.40% Senior Notes due 2041.
    - Mar. 26 2012
  • MORE »
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