While a poll revealed employee headcount will remain stable over the next year, oil and gas companies must assess leadership styles and bear in mind the desires of millennials joining their ranks.
Publicly held midstream operators fared much better in our second annual review of a sector preparing for an active 2017. C corps continued to dominate the little-changed Top 10 of the rankings, while compressor services firms joined the list.
The coming deregulation of the U.S. energy industry will set off a private capital investment wave that will finally address the infrastructure ‘bottleneck’ of the oil and gas market.
Baker Botts attorney says fate of regulations is unclear.
TPG Growth, an affiliate of private equity firm TPG, entered an agreement to acquire Dallas-based Discovery Midstream, which has an asset position in Colorado's Denver-Julesburg Basin.
The midstream dropdown is expected to push Noble's divestiture proceeds year-to-date to more than $2 billion--well above the company's $1 billion goal, a RBC analyst says.
The acquisition of Rice’s acreage and midstream business in the Marcellus and Utica is set to make EQT the largest producer of natural gas in the U.S.
BP could sell Pinnacle Midstream for $300M, sources estimate.
The net proceeds will prepay part of the principal amounts currently outstanding under CCH's term loan credit facility.
Proceeds from IPOs of MLPs, the structure used by most energy firms to house assets that ship and store oil and gas, dropped to $323 million last year from $4.9 billion in 2015, according to Thomson Reuters data, Reuters reported.
Kinder Morgan said April 24 its Canadian unit filed a prospectus for an IPO of restricted voting shares, to help finance its C$7.4 billion (US$5.48 billion) Trans Mountain expansion project.
Austrian oil and gas group OMV AG said April 24 it would provide long-term financing to secure 30% of its share of project costs of the Nord Stream 2 pipeline from Russia.