Finance - News

Crestwood, First Reserve JV To Expand Delaware Basin Processing Capacity With New Project

The JV has fully sanctioned the construction of the 200 MMcf/d plant near Orla, Texas, and related infrastructure required to connect the Willow Lake system to the plant and multiple third-party pipelines.


EnCap Flatrock Backs New Aspen Midstream With $200 Million

Four industry veterans helm Dallas-based Aspen, which will offer midstream services across North America.


Cheniere Corpus Christi Holdings Upsizes Notes Offering To $1.5 Billion

The net proceeds will prepay part of the principal amounts currently outstanding under CCH's term loan credit facility.


Williams CEO Expects To Take Break From Deals

Asset sales are done for now following a year of big Williams deals


Enbridge Expects Adjusted Profit To Rise On Spectra Acquisition

The company said it expects available cash flow from operations to fall between CA$3.60 and CA$3.90 per share this year, from CA$4.08 per share in 2016, Reuters reported.


Oasis Plans IPO For New Midstream MLP

New unit is expected to grow Oasis midstream business.


Shell Midstream To Buy Pipelines In $630 Million Dropdown

The deal was the company's first dropdown from outside of Shell Pipeline Co., which "highlights the expansive set of assets from Shell that could eventually make their way into the MLP," TPH said.


TransCanada 1Q Profit Beats Expectations

US and Mexican natural gas pipeline businesses carry the company.


Antero Midstream GP Raises $875 Million In IPO

Proceeds from IPOs of MLPs, the structure used by most energy firms to house assets that ship and store oil and gas, dropped to $323 million last year from $4.9 billion in 2015, according to Thomson Reuters data, Reuters reported.


TransCanada To Sell Interests In Two Gas Pipelines For $765 Million

Stakes in Iroquois and Portland systems will be dropped down to TC Pipelines.


Devon Sells Wyoming Midstream To Meritage Midstream

A subsidiary of Devon Energy Corp. (NYSE: DVN) agreed to sell substantially all of its natural gas gathering equipment and pipeline to Meritage Midstream Services II LLC, Meritage said May 4.


Enable Announces Hike In First-Quarter Net Income, New Gas Project

Enable’s natural gas project solidifies position in Anadarko Basin.