2018_news_review_oil_gas_energy

Top Oil, Gas Stories That Shaped Industry In 2018

From oil prices to bottlenecks and ballot battles to trade uncertainty, these news stories most defined the direction of oil and gas this year.

Compliled by Len Vermillion, Hart Energy

Lori Ziebart: ‘MLPs Definitely Are Healthy’

Lori Ziebart: ‘MLPs Definitely Are Healthy’

The MLPA’s executive director says that the structure remains advantageous to investors.

Hart Energy Staff

BP_BHP_ConocoPhillips_Sabine Pass Liquefaction_Cheniere Energy_Canadian Government

HEADLINES: BP, ConocoPhillips Asset Swap; Cheniere, Petronas LNG Deal

BP to sell U.S. onshore assets to help fund BHP asset purchase. Plus, the Canadian government is giving its struggling oil sector a boost. 

Midstream Connect: ‘This Is A Growth Business,’ Says Kenny Feng

Midstream Connect: ‘This Is A Growth Business,’ Says Kenny Feng

Alerian chief advises the sector to stop fearing the metrics and promote the value of its projects.

Hart Energy Staff

women-in-energy-oil-and-gas-investor

Oil and Gas Investor Announces 2019 Honorees, Keynote Speaker For 25 Influential Women In Energy Luncheon

These outstanding professionals will be recognized at the second annual Women In Energy Luncheon February 12, 2019, at the Hilton Americas, Houston.

Hart Energy Staff

Nick Woodruff of RBC Richardson Barr, left; Jay Salitza of KeyBanc Capital Markets; and Stephen Beck of Stratas Advisors share a laugh during their roundtable discussion at the DUG Midcontinent Conference in Oklahoma City. (Source: Hart Energy)

M&A Experts: In This New Wave, Bigger Is Better

DUG Midcontinent panel sees the Encana-Newfield deal as a sign of things to come.

Joseph Markman, Hart Energy

Midstream Finance: How To Succeed In Your Private Equity Partnership

Midstream Finance: How To Succeed In Your Private Equity Partnership

Energy Spectrum’s Ben Davis maps out the etiquette for both sponsor and management team in navigating the relationship.

Joseph Markman, Hart Energy

MLP Outlook: Fundamentally Sound

MLP Outlook: Fundamentally Sound

The MLP market is undergoing changes as it matures and adjusts to outside forces, but the overall outlook is solid, according to Alerian’s Stacey Morris.

Frank Nieto, Contributor

Midstream Finance: Control The Narrative When Pursuing Investors For Buildout

Midstream Finance: Control The Narrative When Pursuing Investors For Buildout

Remember this when going public: It’s a clean slate and what transpired as a private company no longer matters.

Terrance Harris, Hart Energy

Chevron To Buy Pasadena Refinery From Petrobras For $350 Million

Chevron, which reported an increase in shale production in the third quarter, has said it wants a second Gulf Coast facility to handle that crude and better supply its retail gasoline network.

Reuters

King & Spalding Adds Alan Noskow As Corporate Partner In D.C.

King & Spalding on Jan. 29 announced that Alan Noskow has joined as a partner in the firm’s Corporate, Finance and Investments practice group in the Washington, D.C. office.

HEADLINES: Venezuela's Potential Impact; EQT's CEO On 2019

Plus, QEP Resources recently engaged Evercore to explore a sales process following a surprise takeover bid by activist investor Elliott Management in early January.

Jessica Morales

University Lands Selects H20 Midstream, Layne JV For Delaware Basin Water Services

The JV was formed by H2O Midstream and Layne Water Midstream to develop and operate water infrastructure on the University Lands acreage across the Southern Delaware Basin.

Saudi Aramco Eyes Multibillion-Dollar US Gas Acquisitions

Saudi Aramco CEO Amin Nasser says his company is looking to acquire natural gas assets in the U.S. and is willing to spend "billions of dollars" there as it aims to become a global gas player.

Reuters

Pipeline Operator Kinder Morgan Canada's Profit Surges

Kinder Morgan, which holds about 70% majority voting interest in Kinder Morgan Canada, has hired investment bank TD Securities to facilitate a potential sale of its Canadian business.

Reuters

Energy Capital Markets Endure Worst Quarter This Decade

Last year ended with the worst quarter for upstream equity issuances since 2010 as only two equity deals raised $67.5 million.

Emily Patsy, Hart Energy

Fitch Downgrades Mexico's Pemex Rating; Peso Falls

Rating agency Fitch downgraded the credit rating of Mexican state oil company Pemex on Jan. 29, sending the peso currency falling in early trading in Asian markets.

Reuters

Energy Bankruptcies Slow, But Debt Remains High

While energy bankruptcy filings slowed in 2018, the total amount of debt in oil and gas remains staggering, a recent Haynes and Boone report says.

Ellen Chang, Contributor

New Fortress Energy To Likely Attempt IPO Shutdown Workaround

New Fortress Energy is likely to file for an IPO again on Jan. 24, changing its language and picking a target price for shares, the Wall Street Journal reported citing people familiar with the matter.

Reuters

SemGroup Boosts Montney Footprint With New KKR JV

Concurrent with its formation, the JV, SemCAMS Midstream, also agreed to acquire the Montney operating portfolio of Meritage Midstream ULC.

Emily Patsy, Hart Energy

Integrated LNG Company New Fortress Energy Launches $400 Million IPO

New Fortress Energy is looking to capitalize on a growing supply-demand gap by developing LNG assets particularly in areas with significant “stranded” natural gas reserves.

Emily Patsy, Hart Energy

Like what you read?

Sign up to receive free Midstream Business Newsletters.