Finance - Exclusives


Capital Surge Helps E&Ps Hang On To Midstream Assets

A wave of cheap money chasing deals is taking the pressure to divest midstream assets off of upstream operators, while making deals more challenging.

Darren Barbee
Mon, 04/20/2015 - 17:51

A Self-Improvement Gift

The downturn is forcing change—for the better.

Wed, 04/01/2015 - 12:34

Worry, But Be Happy About Economic Outlook

Thanks in part to low energy prices, an ongoing expansion could be one of the longest on record, Morgan Stanley’s chief U.S. economist says.

Joseph Markman
Wed, 04/01/2015 - 09:35

Midstream Investing Picks Up Where E&P Leaves Off

Duff & Phelps experts explore potential, perils of 2015 for sector.

Joseph Markman
Tue, 03/24/2015 - 07:41

Finance - Acquisitions & Divestitures


Arc Logistics Partners Completes Joliet Bulk Acquisition

Commercially operable Joliet Terminal can unload about 85,000 barrels per day of crude oil. There are about 300,000 barrels of onsite storage, and connections to common carrier crude oil pipeline. 

Fri, 05/15/2015 - 08:29

Shell Midstream Will Acquire Zydeco, Colonial Pipeline Interests

Shell Midstream Partners LP will acquire additional interests in Zydeco Pipeline Co. LLC and Colonial Pipeline Co. for $448 million in a dropdown from Shell Pipeline Co. LP. 

Thu, 05/14/2015 - 17:05

Chinese Government Plans Companies’ Pipelines Spinoff

China’s government might spin biggest oil companies’ pipelines into separate businesses, people with knowledge of private matter told Bloomberg. An analyst said the assets could be worth US$300 billion.

Wed, 05/13/2015 - 12:02

Williams Swallows Up MLP In $13.8 Billion Merger

Combined midstream operations will include the Marcellus, Utica, Eagle Ford, Haynesville, Barnett, Midcontinent and Niobrara. It’s anticipated to be one of the largest, high-dividend paying C-Corps in the energy sector.

Emily Moser
Wed, 05/13/2015 - 12:00

Finance - Debt & Equity


Private Equity Keeps Busy While Industry Awaits Price Rebound

While M&A activity has slowed in the energy sector, private equity is finding new ways to invest until it picks up again.

Wed, 05/20/2015 - 10:04

Columbia Pipeline Will Offer Notes

Notes will be issued in separate series. Net proceeds will pay about $1.02 billion in intercompany debt between Columbia and parent company NiSource Inc., and dividend concerning Columbia’s planned separation.

Tue, 05/19/2015 - 14:20

KKR, Mexico’s Monterra Form Midstream Investment JV

Financial terms of the joint venture were not disclosed, but KKR will provide equity. Monterra will own, develop, build and operate midstream infrastructure through greenfield and brownfield projects and assets. 

Fri, 05/15/2015 - 10:57

Rose Rock Midstream Launches $350 Million Debt Offering

Proceeds will be used to repay amounts borrowed under its revolving credit facility and for general partnership purposes.

Emily Moser
Tue, 05/12/2015 - 07:31