Enterprise Products Partners LP has enjoyed success by looking at demand as much as at supply.
Like in a marriage, partners in an energy JV must plan ahead, communicate and develop trust.
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.
Johnny Dreyer, senior vice president and corporate secretary of GPA Midstream
Paul Hart, editor in chief of Midstream Business at Hart Energy
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.
The Sabine case and other recent bankruptcy decisions create a ‘white hot issue’ that complicates the relationship between a midstream operator and a producer’s creditor recovery.
With 120,000 net acres and an estimated 4,200 locations, the new company also meshes with Kingfisher Midstream to offer a potential spinoff IPO for development cash.
New midstream operator buys White Star’s Midcon assets.
Refiners are likely buyers of midstream assets if cash-strapped E&Ps decide to divest, Cowen says in a report.
Lilis Energy Inc. (NYSE: LLEX), an exploration and development company operating in the Permian Basin of West Texas, said Aug. 14 it has entered into a long-term gas gathering, processing and purchase agreement with an affiliate of Lucid Energy Group to support Lilis's active drilling program in the Delaware Basin.
Andeavor Logistics also said it would issue 78 million of its units to parent Andeavor in exchange for the cancellation of its incentive distribution rights.
Energy Transfer Partners LP has priced its previously reported underwritten public offering of 54 million common units, representing limited partner interests, at $18.65 per common unit on Aug. 14.
Valiant Midstream plans to initially target the Midcontinent due to projected activity in the Scoop and Stack shale plays, President and CEO Brandon Webster says.
BP is considering an IPO of its vast U.S. Midwest and Gulf Coast pipeline assets, the company said July 18, a move that would raise cash.
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.