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Tallgrass Energy shareholders on Thursday backed a buyout by a Blackstone-led group that valued the U.S. oil pipeline operator at $6.3 billion, a rare case of a pre-market crash deal going ahead ...
Good morning, Term Sheet readers. Senior editor at large Geoff Colvin here. It’s funny where you can end up when you follow a new bit of data down a trail.
In the merger, Crestwood Midstream unitholders will receive 1.070 common units of Inergy Midstream for each unit of Crestwood Midstream they own, representing a 5% premium to the 20-day volume ...
36.4% of the Dakota Access Pipeline [1] and the Energy Transfer Crude Oil Pipeline. 60% of the Bayou Bridge Pipeline, 50% of the Florida Gas Transmission pipeline, 100% of the Trunkline Pipeline, 100% of the Transwestern Pipeline, 100% of the Panhandle Eastern, 100% of the Sea Robin Pipeline, the Revolution Pipeline, the Mariner East pipelines, and
Magellan Midstream Partners, L.P. is an American energy pipeline operator based in Tulsa, Oklahoma that primarily transports, stores and distributes refined petroleum products and crude oil. [2] [3] It owns ammonia and petroleum pipelines in the Mid-Continent oil province. [2]
The Mountain Valley Pipeline is 94 percent complete. [11] Equitrans, which has already spent $2.6 billion on the project and expects to spend another $800 million, estimated in May 2022 that if permission is again given, the pipeline will be completed and go into operation in the second half of 2023.
A dealmaking splurge by BlackRock in 2024 may continue as the world's largest asset manager is expected to opportunistically look to further expand in private credit, real estate, infrastructure ...
Southern Union Company was a natural gas utility and energy resources company based in Houston, Texas.In 2012, the company was acquired by Energy Transfer Partners.. The company owned and operated more than 20,000 miles (32,000 km) of gathering and transportation pipelines that transported natural gas from major producing areas to major markets in the Southeast, Midwest, and Great Lakes regions.