Acquisitions & Divestitures - Midstream

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Follow-on Investment Will Help First River Acquire Texas Gathering

Texas Gathering gathers, markets and blends about 23,000 barrels per day of crude oil, primarily in the West Texas Permian Basin and Eagle Ford Shale.

Thu, 07/30/2015 - 15:27
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Senate Energy Committee Passes Bill Lifting Oil Export Ban

The 22-member panel passed bill allowing United States to export oil and boost state revenue-sharing for offshore oil and gas drilling by a vote of 12 to 10, Reuters said.

Thu, 07/30/2015 - 12:29
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New Oil, Ethanol Train Rule Requires Safety Equipment Inspection

Federal Railroad Administration now requires two qualified railroad employees to ensure that handbrakes and other safety equipment have been properly set on unattended crude oil or ethanol trains, Reuters said. 

Thu, 07/30/2015 - 12:15
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Gas Prices Will Be Affected By LNG Exports

By 2019, 8.5 billion cubic feet of LNG could leave market, affecting prices during very cold winters, Bloomberg new energy finance analyst and BNP Paribas’ commodity investor team director said.

Thu, 07/30/2015 - 08:34
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Canada's PM: Obama Unlikely To Approve Keystone

Canadian Prime Minister Stephen Harper heads into October elections while $8 billion Alberta-U.S. Gulf Coast pipeline remains under review. Harper’s government emphasizes Keystone’s potential job creation and eased imports.

Wed, 07/29/2015 - 14:23
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Anadarko Not Selling Mozambique LNG Stake

Anadarko Petroleum Corp. has no interest in selling down its stake in planned LNG project in Mozambique, CEO Al Walker said, Reuters reported. Anadarko wants to operate the multibillion-dollar project.

Wed, 07/29/2015 - 11:34
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Small Diesel Spill Cleaned, Houston Ship Channel Reopened

Part of the Houston Ship Channel is now open after it was briefly shut down while about 31 barrels of diesel in Greens Bayou were cleaned up, Reuters said. 

Tue, 07/28/2015 - 11:25
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Energy Transfer Equity Completes Stock Split

After a two-for-one split, common units began trading on the New York Stock Exchange July 27. Going forward, the quarterly distribution amount will reflect the split.

Mon, 07/27/2015 - 10:38
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Examining The MLP Index Decline

Analysts provide insight into how 2015’s midstream MLP sell-off is based on a market overreaction to fears of low commodity prices and rising interest rates.

Thu, 07/23/2015 - 14:23
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Natural Gas Largely Untouched By Commodity Slump

Natural gas is up 6.1%. Shipments are limited to North America —where power plants’ demand for it has risen in hot weather. Gas has chipped coal’s market share, Bloomberg said.

Thu, 07/23/2015 - 13:52
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Global Oil Tanker Association Protests Nigerian Tanker Ban

Global oil tanker industry association INTERTANKO protested ban on 113 oil tankers by Nigerian state oil company NNPC, Reuters said. Nigerian authorities must prove tankers’ involvement in illegal activities.

Thu, 07/23/2015 - 10:56
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Bipartisan Senate Energy Bill Avoids Oil Export Issue

Legislation would require the Energy Department secretary to issue a final decision on LNG export applications 45 days after projects receive Federal Energy Regulatory Commission approval, Bloomberg said. 

Thu, 07/23/2015 - 08:35

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