News

OAKVILLE, ON, October 18, 2017 – Baffinland Iron Mines Corporation (Baffinland) announced today the conclusion of its 2017 open-water shipping program. From August 2 to October 17, Baffinland shipped approximately 4.1 million tonnes of iron ore from its Milne Inlet Port…

NEW YORK, NY; IRVING, TX; HOUSTON, TX; TULSA, OK, Oct. 02, 2017 (GLOBE NEWSWIRE) -- The Energy & Minerals Group (“EMG”), 51% owner, and Laredo Petroleum, Inc.  (NYSE: LPI) (“Laredo”), 49% owner, announced today that their affiliates have entered into…

OKLAHOMA CITY, Sept. 27, 2017 /PRNewswire/ -- Traverse Midstream Partners LLC ("Traverse") announced today the closing of a $1.285 billion senior secured term loan ("Term Loan").  The Term Loan was upsized by $150 million from an initial loan size of $1.135 billion. Proceeds will be used to…

The Full Phase 1 of the Project is Estimated to be in Service by the End of the Year  DALLAS--(BUSINESS WIRE)--Energy Transfer Partners (NYSE:ETP) is pleased to announce that the Federal Energy Regulatory Commission (FERC) has approved the company’s request…

Natural Gas Service To Begin From Cadiz To Defiance, Ohio, August 31, 2017 DALLAS--(BUSINESS WIRE)--Energy Transfer Partners (NYSE: ETP) announced today the Federal Energy Regulatory Commission (FERC) approved its request to put Phase 1A of the Rover Pipeline into service.…

LEAWOOD, Kan.--(BUSINESS WIRE)--Tallgrass Energy Partners, LP (NYSE:TEP) today announced that through its subsidiary Tallgrass Midstream, LLC (“TMID”) it has closed on the acquisition of Outrigger Energy LLC’s crude oil gathering system in the Powder River Basin for approximately $36 million,…

ExxonMobil, Eagle LNG Partners LLC (Eagle LNG Partners) and Crowley have signed an agreement to collaborate on the development of LNG as a marine fuel. The goal is to establish the storage and technical support necessary to provide safe, reliable…

OKLAHOMA CITY, May 1, 2017 /PRNewswire/ -- Permian Resources, LLC (together with its subsidiaries, "Permian Resources" or the "Company"), today announced that it has entered into a series of definitive agreements with funds managed by affiliates of The Energy & Minerals Group…

Global Credit Research - 24 Apr 2017 Approximately $210 million of rated debt affected New York, April 24, 2017 -- Moody's Investors Service, ("Moody's") upgraded EMG Utica, LLC's (EMG Utica) Corporate Family Rating (CFR) to B1 from B2, Probability of…

OKLAHOMA CITY, April 5, 2017 /PRNewswire/ -- Ascent Resources Utica Holdings, LLC ("ARUH") and ARU Finance Corporation ("Finco" and, together with ARUH, the "Issuers") announced today that they have closed an offering of $1.5 billion of 10.00% senior unsecured notes…

LEAWOOD, Kan.--(BUSINESS WIRE)-- 4/3/2017 6:45 AM ET -- Tallgrass Energy Partners, LP (NYSE:TEP) announced today that it has acquired an additional 24.99 percent membership interest in Rockies Express Pipeline LLC (“REX”) from Tallgrass Development, LP for cash consideration of $400…

DALLAS--(BUSINESS WIRE)--Energy Transfer Partners, L.P. (NYSE: ETP) today announced that the Federal Energy Regulatory Commission (FERC) approved Rover Pipeline LLC’s (“Rover”) application to construct and operate the Rover Pipeline Project. FERC’s order, issued yesterday, allows Rover to move forward with its…

LEAWOOD, Kan. - January 3, 2017 --(BUSINESS WIRE)-- Tallgrass Energy Partners, LP (NYSE: TEP) announced today that it acquired Tallgrass Terminals, LLC and Tallgrass NatGas Operator, LLC from Tallgrass Development for cash consideration of $140 million. The acquisition represents TEP’s fifth…

IRVING, TEXAS, December 6, 2016 – Medallion Midstream, LLC and its affiliate, Medallion Midstream Services, LLC, (Medallion) today announced that it has entered into a letter of intent to construct a new Delaware Basin crude oil pipeline system to provide…