(Jeff Kowalsky/Bloomberg News)

Marathon ups “final offer” for MarkWest, bringing deal to $1.28 billion

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The move Tuesday comes just a week after Marathon offered a separate $400 million cash sweetener to the deal that has faced some investor resistance and tumbling stock values for both Marathon’s acquiring entity, the MPLX pipeline spinoff, and MarkWest. Former MarkWest CEO John Fox has rallied opposition against the deal.
Russ Girling, President and CEO of TransCanada Corp., during CERA Week at the Hilton Americas on March 4, 2014, in Houston. (Mayra Beltran/Houston Chronicle)

TransCanada plans dividend growth with $36.7 billion in projects

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TransCanada is pursuing bite-sized projects as it seeks to win approval for large-scale pipelines held up by environmental opposition and regulatory scrutiny, including the Keystone XL project rejected this month by U.S. President Barack Obama.
Pipelines run toward oil storage tanks stand at the Enbridge Inc. Cushing storage terminal in Cushing, Oklahoma, U.S., on Wednesday, March 25, 2015. (Daniel Acker/Bloomberg)

Enbridge to cut 5 percent of workforce amid slump

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Energy infrastructure giant Enbridge said late Monday it will lay off 500 workers and eliminate another 100 unfilled positions as the company looks to cut costs amid the oil slump.
Gas prices are posted at the Sunoco gas station in Philadelphia. . (AP Photo/Alex Brandon)

Energy Transfer to send Sunoco retail business in $2.2 billion deal

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Energy Transfer said Monday it will move its retail gasoline business from one branch of its family tree into another with a $2.2 billion deal.
Categories: Pipelines
Shoreline Cleanup Assessment Technique team members, left, evaluate oil coverage as a hand crew worker scraps areas affected by an oil spill at Refugio State Beach, north of Goleta, Calif., on Wednesday, June 10, 2015.  (AP Photo/Damian Dovarganes)

More repairs ordered for pipe after California oil spill

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Federal regulators said the line owned by Plains All American Pipeline was constructed and operated in the same way as the line that broke May 19 outside Santa Barbara and the agency had found inspections of both pipes had underestimated corrosion inside.
(Paul O'Driscoll/Bloomberg News)

Shell affiliates are buyers, sellers in $390 million midstream transaction

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Shell and other producers have also been using deals that sell some of their pipelines to help raise cash as they struggle with low crude oil prices.
(Jeff Kowalsky/Bloomberg News)

Marathon Petroleum offers sweetener in pending MarkWest acquisition

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Marathon Petroleum Corp. has upped the cash offer by $400 million in its pending, multibillion-dollar acquisition of Denver-based MarkWest Energy Partners. Marathon was prompted to offer the cash sweetener on Wednesday after watching the stock values for both MarkWest and its MPLX pipeline spinoff, the acquiring company on the deal, fall dramatically since July. In that time, the total […]
A sign hangs from a fence at a Kinder Morgan facility at the harbor in Los Angeles, California, August 28, 2006.  (Tim Rue/Bloomberg)

Kinder Morgan, TrailStone to form joint venture in Mexico

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Pipeline giant Kinder Morgan and private equity shop TrailStone have plans to form a Mexican natural gas marketing company.
In this Tuesday, Oct. 20, 2015 photo, Carolyn Reilly, right, and Susan Worrell with her dog Radar talk outside the Franklin County Board of Supervisors meeting in Rocky Mount, Va. Carolyn and her husband Ian Reily left Florida and moved to Virginia in 2010 to farm a 58 acres. Then a year ago, they learned a natural gas pipeline would slice through their farm and their lives took another turn - to activism against the plan. (AP Photo/Steve Helber)

Keystone off the table, but back East, pipeline fight builds

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From New England to North Carolina, scattered insurgencies have formed in opposition to a spider web of pipelines up and down the Eastern Seaboard as the nation’s energy industry seeks to move pent-up natural gas supplies.
Source: tap-ag.com, Trans Adriatic Pipeline.

Commentary: Southern Gas Corridor can boost regional stability

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Georgios Papanikolaou is the Consul of Greece to Houston; Elena Sgarbi is the Consul General of Italy to Houston; and Ferhat Alkan is the Consul General of the Republic of Turkey to Houston.