Finance - Exclusives


Study: Maintaining Moratoria on Federal Land Development Will Decrease GDP by US$2.36 Trillion

A new study found that the continued moratoria on exploration of federal lands will result in the U.S. GDP (gross domestic product) decreasing by a cumulative US$2.36 trillion, or roughly 0.52% annually, from the period of 2009 to 2030.

Thu, 02/18/2010 - 00:00

ONEOK Increases Quarterly Dividend

In addition, the ONEOK Partners LP board of directors increased the partnership's quarterly cash distribution to 72¢ per unit from 71.5¢ per unit.

Fri, 07/26/2013 - 11:50

Energy Transfer Partners: Turned Corner in Q4 2009

Energy Transfer Partners’ earnings for the fourth quarter of 2009 were up US$139.3 million to $477.1 million compared to the previous year’s quarter. Earnings for the fiscal year rose by $104 million to $1.5 billion from fiscal year 2008.

Thu, 03/04/2010 - 00:00

Lining Up the Shales

As production from unconventional gas plays continues to rise, new pipeline and take-away capacity projects are under way.

Thu, 05/06/2010 - 00:00

Finance - Acquisitions & Divestitures


Spectra Energy Acquires Bobcat Gas Storage for US$540M

Spectra Energy Corp. signed a definite agreement to acquire the Bobcat Gas Storage project and its associated assets from Haddington Energy Partners III LP and GE Energy Financial Services for US$540 million.

Thu, 07/22/2010 - 00:00

The Laclede Group Sees Decreased Earnings

In the third-quarter of 2013, The Laclede Group incurred acquisition-related costs of $2.2 million.

Wed, 07/31/2013 - 12:01

Delek Completes Purchase, Sale Of Tyler Storage Tanks, Products Terminal

Delek Logistics Partners LP acquired, from a subsidiary of Delek US Holdings Inc., substantially all storage tanks and the sole refined products terminal at Delek US’ Tyler, Texas, refinery for $94.8 million in cash. 

Thu, 08/01/2013 - 10:00

Finance - Debt & Equity


DCP Midstream Ups Total Credit Capacity To $1.25B

The new facility, which runs through March 2015, replaces a $350-million facility that was due to mature in April 2012.

Wed, 03/23/2011 - 10:05

TEAK Midstream Secures US$100 Million Capital Investment

Newly formed TEAK Midstream LLC secured a US$100 million investment from Natural Gas Partners, an Irving, Texas-based private equity firm, and will use the funds to acquire and develop midstream assets.

Thu, 11/05/2009 - 00:00

Valerus Compression to Sell Majority Share for US$500 Million

TPG Capital, the global buyout group of TPG, a private investment firm, will purchase a majority share in privately-held Valerus Compression Services, which is a provider of natural gas handling equipment and services, for US$500 million.

Thu, 11/05/2009 - 00:00

I-Banking On the Mend

On the anniversary of the worst global financial collapse in recent memory, energy investment banks are on the road to recovery.

Thu, 09/10/2009 - 00:00