Finance - Exclusives


Saudi Arabia Moves Further Along Path Of Energy Reform

New energy minister, Aramco IPO, lower fuel subsidies are signs along a road less traveled for Saudi Arabia.

Wed, 05/11/2016 - 10:15

Fibra E Ready To Fuel Mexico’s Energy Reform Buildout

Patterned after the U.S. MLP model, the new financial structure vehicle is expanded beyond oil and gas to supporting infrastructure as well.

Fri, 04/29/2016 - 12:18

Interview: A Private Equity Viewpoint

James P. Benson, founding partner of Energy Spectrum Capital sat down with Midstream Business to discuss financing in the midstream space during an important time of transition.


Paul Hart
Thu, 04/21/2016 - 10:53

In Post-Sabine World, Midstream Rethinks Contract Strategy

Stunned by a judge’s advisory ruling in early March that could put many contracts with upstream partners up for renegotiation, midstream operators warily await a more definitive ruling in the Sabine Oil & Gas bankruptcy case as the realization sets in that a key advantage in putting deals together could be lost.

Joseph Markman
Wed, 04/20/2016 - 10:33

Finance - Acquisitions & Divestitures


Chinook Enters Gold Creek Asset Disposition Agreement

When sale closes, Chinook will have 24.5 sections and 35 sections of Montney lands at Gold Creek and Knopcik, respectively, and will retain ownership of two horizontal Montney Gold Creek wells.

Erin Pedigo
Thu, 05/26/2016 - 14:15

Williams, ETE Tax Issue Trial Is Set For Late June

ETE said it has filed a counterclaim to Williams' lawsuit. The lawsuits are the latest twist in what has been a testy transaction almost from the get-go, Reuters reported.

Erin Pedigo
Tue, 05/24/2016 - 11:44

Rice, Ward Will Lead Peter J. Solomon’s New Energy Advisory Group

John C. Rice and George R. Ward have handled transactions including M&A, restructurings, bankruptcies, and public and private capital raisings for clients ranging from upstream to cleantech.

Erin Pedigo
Wed, 05/18/2016 - 15:23

Williams, ETE Gripped By Merger That May Not Be

Suit filed by Williams to push ETE to complete acquisition might not succeed, and might not be in Williams’ best interest if it does.

Tue, 05/17/2016 - 09:31

Finance - Debt & Equity


Cheniere’s CCH Closes $1.25 Billion Notes Offering

The notes will be secured by a first priority security interest in substantially all of the assets of CCH and its subsidiaries, and by a pledge of all of the equity interests in CCH.

Erin Pedigo
Thu, 05/19/2016 - 15:49

Western Refining Logistics Prices Common Units

Underwriters received a month-long option to purchase 562,500 additional units. The offering is scheduled to close on May 20. Barclays is the sole book-running manager. 

Erin Pedigo
Wed, 05/18/2016 - 11:50

Top US Investors Divided On Energy Shares In First Quarter

Hedge funds such as David Tepper's Appaloosa Management and Daniel Loeb's Third Point showed bullish moves toward the sector, while Warren Buffett's Berkshire Hathaway also appeared sanguine on the sector.

Emily Moser
Wed, 05/18/2016 - 07:55

Greece's Hellenic Petroleum Braces For Debt Refinancing

Core profit or clean EBITDA, stripping out inventory-holding losses, came in at 169 million euros (US$193.03 million), down from 205 million in the same period last year, Reuters reported.

Erin Pedigo
Wed, 05/11/2016 - 17:17