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The TransCanada Corp. project would transport oil from Canadian tar sands through Montana and South Dakota to Nebraska, where it would connect with existing pipelines to carry more than 800,000 barrels of crude oil a day to refineries along the Gulf Coast.
Shell’s midstream initial public offering took flight early Wednesday, gaining more than 40 percent shortly after trading started.
Western Gas Partners, a partnership formed by Anadarko, will pay $1.5 billion cash for Nuevo Midstream, a Houston-based midstream company focused on gathering, processing and moving oil and gas from the Permian Basin.
The deal gives the company 2,600 miles of natural gas liquid gathering pipelines from southeast New Mexico to Mont Belvieu.
Antero Resources Corp. launched its master limited partnership with a Monday initial public offering, as the company looks to become the latest producer to show its midstream assets to investors
Under the deal, Tulsa, Oklahoma-based Williams will bring Oklahoma City-based Access Midstream Partners LP under the Williams Partners LP name.
Regulators have concluded that the Constitution pipeline and related Wright Interconnect Project would have a less-than-significant impact on the environment in a final analysis released today.
Kinder Morgan Canada has proposed a $5.4 billion expansion of its existing Trans Mountain pipeline, which links oil from Alberta’s tar sands to the Vancouver, British Columbia-area.
Phillips 66 will send two crude oil rail facilities and pipeline assets to its midstream master limited partnership in a $340 million deal, the companies announced today.
The $44 billion transaction will be the second largest energy merger in U.S. history.