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News - Finance

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News for May 17, 2012

  • 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

News for May 15, 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

News for May 14, 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

News for May 11, 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

News for May 10, 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
  • 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

News for May 9, 2012

  • 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

News for May 8, 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

News for May 1, 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

News for April 30, 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

News for April 26, 2012

  • S&P Capital IQ: Midstream Liquids-Rich Assets Drive M&A Activity


    M&A in the energy sector had a record year in 2011 and activity in 2012 already appears to be keeping up the same pace, according to a report issued today by S&P Capital IQ.
    - Apr. 26 2012
  • Kinder Morgan To Acquire KKR Interest In Midstream Assets For $300 Million


    Kinder Morgan Energy Partners, L.P. signed a definitive agreement to acquire KKR's 50% interest in a joint venture holding gathering and processing assets in the Uinta basin and Eagle Ford shale.
    - Apr. 26 2012

News for April 25, 2012

  • Encana Generates $1B Cash Flow In Q1 2012


    Encana Corp. delivered strong financial results and operational performance in the first quarter of 2012 despite further downward pressure on natural gas prices.
    - Apr. 25 2012
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