Finance

Finance - Exclusives

Free

Prolonged Low Oil Prices Could Halt Ethane Investments: Report

Oil-price volatility is creating a nightmare for petrochemical companies planning investments, according to Don Bari, vice president of technology and analytics for IHS Chemical and author of the report.

Thu, 08/27/2015 - 15:01
Free

Now Is The Time To Reel In Capital, Consultant Says

‘We think capital’s really interested in midstream assets and infrastructure,' says energy consultant Arthur Gelber.

Fri, 08/21/2015 - 14:21
Non-free

Analysts Turn Bearish On Buildout

After a comment during a recent Plains All American earnings call, analysts reevaluate the outlook for U.S. midstream infrastructure needs.

Thu, 08/06/2015 - 11:31
Non-free

Green Plains Eyes $200 Million IPO Raise For MLP Subsidiary

Green Plains Partners LP seeks ownership, operatorship and expansion of downstream logistics assets supporting Green Plains’ 1.2 billion gallon per year ethanol marketing and distribution business, an SEC filing said.

Wed, 05/27/2015 - 14:38

Finance - Acquisitions & Divestitures

Free

Enbridge Income Fund Closes Canadian Liquids Pipelines Business Acquisition

Enbridge Pipelines Inc. and Enbridge Pipelines Athabasca Inc. comprised the business. An indirect subsidiary of the fund acquired the business for CA$30.4 billion and incentive/performance rights. 

Erin Pedigo
Wed, 09/02/2015 - 11:05
Free

Navitas Midstream Acquires Midland Basin Gathering, Processing Assets

About 1,000 miles of low- and high-pressure natural gas gathering pipelines and a cryogenic processing plant will serve Martin, Midland and Glasscock counties, Texas. Private-equity firm Warburg Pincus financed transaction.

Erin Pedigo
Wed, 09/02/2015 - 09:19
Free

Cenovus Closes Canexus NATO Acquisition

Canexus Corp.’s North American Terminal Operations crude-by-rail transloading facility has connections to Cold Lake and Access crude oil pipeline systems, and links to Canadian Pacific and Canadian National rail lines. 

Erin Pedigo
Tue, 09/01/2015 - 14:20
Free

WPX Jumpstarts Deleveraging Plan With $185 Million Midstream Sale

The Tulsa, Okla.-based company is working to quickly reduce debt just two weeks after closing its $2.75 billion acquisition of privately held RKI Exploration & Production LLC.

Emily Moser
Mon, 08/31/2015 - 10:01

Finance - Debt & Equity

Free

Jordan Joins Barclays' Natural Resources Group

Barclays Plc hired Zach Jordan as a managing director in its natural resources group, based in Houston. Jordan was previously a managing director at Citigroup's global energy group, Reuters said.

Erin Pedigo
Wed, 09/02/2015 - 10:06
Free

Outlook Is Gloomy For Companies’ Borrowing Thresholds

Average yield on U.S. junk-rated energy companies rose to more than 12% Aug. 24, Bank of America Merrill Lynch data said- the highest level since the financial crisis, Reuters said.

Erin Pedigo
Fri, 08/28/2015 - 11:43
Free

Bad Energy Sector Loans Proliferated In 3Q: Bank Of Montreal

Almost all of the weakness was from the U.S. market, where BMO, Canada's fourth-largest bank, has a significant presence. U.S. energy companies tend to have more debt, Reuters said.

Erin Pedigo
Tue, 08/25/2015 - 11:15
Free

Evolution Midstream Receives $300 Million In Equity

Denver-based Evolution was launched in July and provides greenfield and strategic acquisition solutions to operators in the Rockies, Bakken Shale, Permian Basin, Midcontinent and Appalachia.

Erin Pedigo
Mon, 08/24/2015 - 11:09