Kinder Morgan secures additional throughput commitment for condensate processing facility expansionKinder Morgan Energy Partners LP has entered into a long-term, fee-based agreement with BP North America to underwrite an additional 50,000 barrels per day of throughput capacity at the petroleum condensate processing facility Kinder Morgan is constructing near its Galena Park terminal on the Houston Ship Channel. |
Energy Transfer sells interest in ETP Holdco to simplify structureEnergy Transfer Equity LP will sell its interest in ETP Holdco Corp. to Energy Transfer Partners LP for $3.75 billion in cash and ETP common units. |
MarkWest Utica EMG, PDC Energy agree on Utica Shale developmentsMarkWest Utica EMG LLC, a joint venture between MarkWest Energy Partners LP and The Energy and Minerals Group, has agreed with PDC Energy Inc. to provide gathering, processing, fractionation, and marketing services in the Utica Shale. |
Kinder Morgan completes sale of one-third interest in Express-Platte Pipeline SystemHouston-based Kinder Morgan Energy Partners LP (NYSE: KMP) said March 14 that it has closed its previously announced sale of its one-third interest in the Express-Platte Pipeline System to Spectra Energy Corp for approximately $380 million, pre-tax. |
New Source Energy Partners LP closes over-allotment optionOklahoma City-based New Source Energy Partners LP, a Delaware limited partnership (NYSE: NSLP), said Mar. 14 that underwriters of its recently completed initial public offering have purchased an additional 250,000 common units at $20.00 per unit granted to them in the underwriting agreement dated Feb. 7, 2013. |
Holly Energy Partners expanding crude oil transportation system in SE New MexicoDallas-based Holly Energy Partners LP (NYSE: HEP) said March 8 that it is proceeding with the expansion of its crude oil transportation system in southeastern New Mexico in response to increased crude oil production in the area. |
Eagle Rock enters gas gathering, processing, purchase agreement with ApacheEagle Rock Energy Partners LP has entered into a new fee-based gas gathering, processing and purchase agreement with Apache Corp. to support Apache's active drilling program in the Texas Panhandle. |
KMP completes acquisition of El Paso Natural Gas pipeline and midstream assetsKinder Morgan Energy Partners LP (NYSE: KMP) has completed the acquisition (drop down) of 50% of El Paso Natural Gas Co. LLC (EPNG) and 50% of former El Paso Midstream assets in Utah and South Texas from Kinder Morgan Inc. (NYSE: KMI). |