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NextEra Energy to Acquire Meade Pipeline for $1.37 Billion
October 3, 2019
NextEra Energy Partners has agreed to acquire Central Penn Line pipeline project’s co-owner Meade Pipeline for around $1.37 billion. The total consideration includes nearly $90 million in capital contributions to be made in the future by NextEra Energy Partners through
NGL Energy Completes Sale of Its TransMontaigne Product Services for $275.5 Million
October 3, 2019
NGL Energy Partners has completed the sale of its TransMontaigne Product Services (TPSL) and associated assets to a strategic partner for $275.5 million. The sale was announced in August this year, when the proceeds were estimated to be about $300
China Secures LNG Supply from US’s Sempra Energy
October 3, 2019
China Yangtze Power International (CYP) has signed a deal to acquire Peru’s largest electric company from US-based Sempra Energy for $3.6 billionn, while also sealing a new flow of LNG as tensions with Donald Trump continue to frustrate trade. Included
Tallgrass Energy Launches Binding Open Season for Pony Express Pipeline Expansion
October 2, 2019
Tallgrass Energy, through its affiliate Tallgrass Pony Express Pipeline has launched a binding open season soliciting shipper commitments for crude oil transportation for near-term expansion on the Pony Express system from origin points in Wyoming to Cushing, Oklahoma The open
Australian Oil Company Helios Energy Eyes Pristine Corner of West Texas
October 2, 2019
In the Permian Basin, the nation’s largest and most active oilfield surrounding the cities of Midland and Odessa in West Texas, pump jacks are as common as pickups and the industry’s presence is built into the fabric of daily life.
Chevron Donates $500,000 to Help Teachers Restore Classroom Learning After Severe Flooding, Houston
October 2, 2019
In the aftermath of Tropical Storm Imelda, Chevron U.S.A. Inc. will donate $500,000 to help support local public schools in select cities and neighborhoods of the Greater Houston area. The donation will be applied to help fund eligible classroom projects
Contango to Acquire White Star Petroleum’s Oklahoma Assets for $132.5 Million
October 1, 2019
Texas-based Contango Oil & Gas has agreed to acquire the assets of White Star Petroleum and certain affiliates for $132.5 million as part of the latter’s Chapter 11 bankruptcy sales process. White Star Petroleum, which operates in the mid-continent region
NGL Energy to Acquire Hillstone Environmental Partners for $600 Million
October 1, 2019
NGL Energy Partners has agreed to acquire Hillstone Environmental Partners from Golden Gate Capital for nearly $600 million. Hillstone provides water pipeline and disposal infrastructure solutions to producers. The company has a core operational focus in the state line area
Diversified Gas & Oil Acquires Dominion’s Natural Gas Gathering Systems for $7.7M
October 1, 2019
Diversified Gas & Oil, the U.S. based owner and operator of natural gas, natural gas liquids, and oil wells as well as midstream assets, confirms that further to the announcement made by the Company on August 27, 2019, it has
Enterprise to Build PDH 2 Plant at Mont Belvieu Complex, Texas
October 1, 2019
Enterprise Products Partners (EPD) and LyondellBasell Industries (LYB) have entered into long-term contracts to support construction of the former’s second propane dehydrogenation plant (PDH 2) at the Mont Belvieu complex in Texas. The facility will have the capacity to consume
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