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NGL Energy Closes Acquisition of Certain Assets of Murphy Energy for $51 Million

January 10, 2017

NGL Energy Partners LP has closed on the acquisition of certain assets of Murphy Energy Corporation. The assets include the Port Hudson, Louisiana Terminal, which is a natural gas liquids terminal that supports refined products blending, and the Kingfisher, Oklahoma

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Tallgrass Energy Acquires Tallgrass Terminals and Operator of Rockies Express Pipeline for $140M

January 9, 2017

Tallgrass Energy Partners, LP has acquired Tallgrass Terminals, LLC and Tallgrass NatGas Operator, LLC from Tallgrass Development for cash consideration of $140 million. “TEP continues to benefit from its relationship with Tallgrass Development, and we expect the dropdown to be

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Williams Partners’ Atlantic Sunrise Gas Project Receives Final FERC Approval, Pa.

January 9, 2017

Williams Partners has reached a key regulatory milestone toward obtaining federal approval to construct its proposed Atlantic Sunrise expansion project — an expansion of the existing Transco natural gas pipeline to connect abundant Marcellus gas supplies with markets in the

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Total to Acquire $207 Million Stake in Tellurian to Develop Driftwood LNG Project, Louisiana

January 9, 2017

Total has agreed to acquire nearly 23 percent stake in US based Tellurian Investments for $207m to develop an integrated gas project. In this regard, the French based oil, gas and energy company will buy each share of the stake

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SM Energy to Sell Eagle Ford Assets for $800 Million, Texas

January 9, 2017

US-based oil and gas producer SM Energy has signed an agreement to sell certain assets in the Eagle Ford of South Texas, US to a subsidiary of Venado Oil and Gas for $800m. The sale comprises assets, operated by a

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Delek to Acquire Alon USA Energy for $675 Million

January 9, 2017

Delek US has agreed to acquire stake it does not already own in Alon USA Energy in a deal worth $675m, including debt and other items. Under the terms of the deal, Delek US will acquire the remaining 53 percent

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MGX Minerals Extracts Lithium from Oil Wastewater at Its Alberta Lithium Project

January 5, 2017

MGX Minerals Inc. has successfully extracted lithium from heavy oil wastewater. Results are part of the ongoing optimization for completion and deployment of a pilot plant in support of its 487,000 hectare Alberta lithium project. The company owns a patent

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Tortoise Capital Advisors Launches UCITS Fund Focusing on North American Energy Infrastructure

January 5, 2017

Tortoise Capital Advisors have launched the Tortoise North American Energy Infrastructure Fund, an Undertaking for Collective Investment in Transferable Securities (UCITS) fund domiciled in Luxembourg. The fund invests in North American pipeline companies, including master limited partnership (MLP)-related securities. “The

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ExxonMobil and Rex Tillerson Reach Agreement to Comply with Conflict of Interest Requirements

January 5, 2017

Exxon Mobil Corporation has reached an agreement with Rex W. Tillerson, former chairman and chief executive officer, to sever all ties with the company to comply with conflict-of-interest requirements associated with his nomination as secretary of state. Under the agreement

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Shell Midstream Partners Acquires Stake in Three Pipeline Projects, Gulf of Mexico

January 4, 2017

Houston based Shell Midstream Partners has acquired minority stakes in three pipelines located in The Gulf of Mexico from BP for an undisclosed sum. The acquisition is said to be a move to consolidate its corridor pipeline strategy in the

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