Index of major midstream players, led by Kinder Morgan, easily bested broad market listings.
Navigating through a Mexican energy industry in the midst of a cultural sea change isn’t easy, but Howard Energy is making it work.
M&A deals with gathering agreements designed during high commodity price environment become more complex when prices fall, says consultant.
The energy investment firm will continue to operate as Tudor, Pickering, Holt & Co. under the Perella Weinberg umbrella.
AltaGas did not name the company, but the Wall Street Journal, citing people familiar with the matter, said the firm was is in talks to merge with WGL Holdings, the parent of natural-gas utility Washington Gas.
In December, private-equity firm Blackstone was said to be looking at a stake in Energy Transfer, the company building the controversial Dakota Access pipeline.
Buckeye Partners LP completed its $1.15 billion purchase of a 50% equity interest in VTTI BV’s global marine terminal business, which will be owned jointly with Vitol.
The combined company, which has an enterprise value of $11 billion, will be renamed DCP Midstream LP and will trade with the ticker symbol "DCP" on the New York Stock Exchange.
The system near Carlsbad in Eddy County, N.M., will have low- and high-pressure gas gathering pipelines, a 130 million cubic feet per day cryogenic processing plant and an NGL takeaway pipeline.
The amendment also provides for a new $15 million commitment from certain of the parent’s shareholders in the form of equity or debt by Dec. 31, 2017.
There were more than six weeks of negotiations, but Cheniere determined that an acceptable definitive agreement could not be reached, according to a Dec. 9 press release.
Harris Ziskroit, chief investment officer of Dauphine, said Pin Oak is working with the Port of South Louisiana and residents and the government of St. John the Baptist Parish.