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$1.275 Deal: Phillips 66 Announces Sale of 25% Equity Interest in Rockies Express Pipeline to Tallgrass Energy Subsidiary

$1.275 Deal: Phillips 66 Announces Sale of 25% Equity Interest in Rockies Express Pipeline to Tallgrass Energy Subsidiary

Jun 14, 2024 | Midstream News

HOUSTON–(BUSINESS WIRE)– Phillips 66 (NYSE: PSX) announced today it has agreed to sell its 25% non-operated common equity interest in Rockies Express Pipeline LLC (REX) to a subsidiary of Tallgrass Energy, LP (TGE) for an enterprise value of approximately...
BREAKING $22.5 Billion Deal: ConocoPhillips to acquire Marathon Oil Corporation in all-stock transaction; provides shareholder distribution update

BREAKING $22.5 Billion Deal: ConocoPhillips to acquire Marathon Oil Corporation in all-stock transaction; provides shareholder distribution update

May 29, 2024 | Midstream News

These Breaking News Brought to you by: Acquisition of Marathon Oil Corporation is expected to be immediately accretive to earnings, cash flows and return of capital per share. ConocoPhillips expects to achieve at least $500 million of run rate cost and capital savings...
BREAKING $3.25 Billion Deal: Energy Transfer to Acquire WTG Midstream in a $3.25 Billion Transaction

BREAKING $3.25 Billion Deal: Energy Transfer to Acquire WTG Midstream in a $3.25 Billion Transaction

May 28, 2024 | Midstream News

These Breaking News Brought to You By: May 28, 2024 at 8:10 AM EDT : WTG Midstream Owns and Operates the Largest Private Permian Gas Gathering and Processing Business with Assets Located in the Core of the Midland Basin Expands Energy Transfer’s natural gas pipeline...
BREAKING $550 Million DEAL : Phillips 66 to Acquire Pinnacle Midstream from Energy Spectrum Capital

BREAKING $550 Million DEAL : Phillips 66 to Acquire Pinnacle Midstream from Energy Spectrum Capital

May 21, 2024 | Midstream News

HOUSTON–(BUSINESS WIRE)– Phillips 66 (NYSE: PSX) announced today it has agreed to acquire Pinnacle Midland Parent LLC (Pinnacle) from private equity firm Energy Spectrum Capital for cash consideration of $550 million in a strategic move to expand its...
LOUISIANA: Gulfstream LNG Receives FERC Approval to Commence Prefiling Process, Closes SEED Funding Round, Upgrades Site, and Advances Project Development

LOUISIANA: Gulfstream LNG Receives FERC Approval to Commence Prefiling Process, Closes SEED Funding Round, Upgrades Site, and Advances Project Development

May 18, 2024 | Midstream News

FOR IMMEDIATE RELEASE : GULFSTREAM LNG RECEIVES FERC APPROVAL TO COMMENCE PREFILING PROCESS, CLOSES SEED FUNDING ROUND, UPGRADES SITE, AND ADVANCES PROJECT DEVELOPMENT HOUSTON, May 16 2024 – Gulfstream LNG Development, LLC (‘Gulfstream LNG‘), an onshore greenfield...
BREAKING: Worley AWARD – Worley selected to Support Bayou Bend CCS Project (Texas) with Design and Evaluation Services

BREAKING: Worley AWARD – Worley selected to Support Bayou Bend CCS Project (Texas) with Design and Evaluation Services

May 14, 2024 | Midstream News

These breaking news brought to you by: Providing design and evaluation services for Bayou Bend CCS LLC’s carbon capture and storage facility “We’ve been selected to design and evaluate CO2 gathering, handling and sequestration facilities located along the Gulf...
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