Acquisitions & Divestitures - Midstream

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Energy Transfer Rejects Williams' Proposals To Resolve Tax Issues

Williams has alleged that Energy Transfer is looking into ways to walk away from the tie-up even though the terms of the deal would not allow that.

Emily Moser
Thu, 05/05/2016 - 07:40
Non-free

Good News Just In: Utica Helps Set Gas Production Record

But EIA projections for May show broad, even sharp, declines among major shale plays.

Tue, 05/03/2016 - 14:40
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Encana Posts Bigger-than-expected Quarterly Loss

Encana’s net loss decreased to CA$379 million in the first quarter of 2016, helped by lower costs. In 2015's first quarter, Encana took an impairment charge of CA$1.22 billion, Reuters said.

Erin Pedigo
Tue, 05/03/2016 - 10:55
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Energy Transfer, Williams Amend Deal To Expedite Admin Process

A new timeline will give the companies time to renegotiate terms ahead of June 28 - the deadline for the deal to close, people familiar with the matter told Reuters on May 2.

Emily Moser
Tue, 05/03/2016 - 07:31
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JPMorgan Sees Sharp Rise In Precarious Oil, Gas Loans

The change in criticized status comes as JPMorgan and other banks have added to reserves for possible loan losses because of the impact on sharply lower oil revenue on the ability of borrowers in the shale oil industry to repay their debts.

Emily Moser
Mon, 05/02/2016 - 09:34
Free

Western Pennsylvania Natural Gas Pipeline Explodes, Injuring One

The explosion of the 36-inch pipeline occurred in rural Westmoreland County. The victim, who officials did not identify, suffered burns in a fire caused by the blast.

Emily Moser
Mon, 05/02/2016 - 07:49
Non-free

LNG Exports: Too Little, Too Late?

With global demand and prices sharply off their highs, U.S. LNG exports look more like a silver lining than a silver bullet.

Erin Pedigo
Sun, 05/01/2016 - 15:48
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Colonial Pipeline Plans Texas Export Dock For Gasolines, Distillates

The company said that it will build a new dock and storage tanks in Port Arthur, Texas to help boost gasoline and diesel exports. Colonial expects to finish the project, which will accommodate Panamax-sized vessels, by the spring of 2017.

Emily Moser
Fri, 04/29/2016 - 12:47
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Oxy Completes Transition Period, Names Vicki Hollub As CEO

The appointment completes Occidental's previously disclosed succession plan with Hollub succeeding Stephen I. Chazen, who stepped down as CEO following the company's annual shareholder meeting.

Emily Moser
Fri, 04/29/2016 - 10:34
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Arbitration Court Fines Argentina's YPF $500 Million In Gas Export Case

At time of disputed contracts, YPF was controlled by Spain's Repsol. Argentina suspended sales of natural gas to Brazil and Chile in 2004, when its production began falling, Reuters said. 

Erin Pedigo
Thu, 04/28/2016 - 13:55
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Enterprise Has Enough Dock Capacity To Ramp Up Crude Exports

The new opportunity to export crude from Enterprise's Houston Ship Channel docks came just as Enterprise expanded its Gulf Coast LPG export terminal to handle about 16 million barrels per month of LPG.

Erin Pedigo
Thu, 04/28/2016 - 11:53
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Total, Russian Banks Enter Final Stage Of $4 Billion Yamal LNG Deal

Patrick de La Chevardiere said that due to sanctions, American dollars will not finance the Yamal LNG project, but that the project’s figures were in dollar equivalent, Reuters reported.

Erin Pedigo
Wed, 04/27/2016 - 12:25

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