Recent News

  • Jan 12, 2016
    Plains All American Pipeline, L.P. Announces $1.5 Billion Private Placement Of 8% Perpetual Series A Convertible Preferred Units
    PAA’s General Partner Also Agrees To Modify IDRs HOUSTON–(BUSINESS WIRE)–Plains All American Pipeline, L.P. (NYSE:PAA) today announced that it has received binding commitments for the purchase of approximately $1.5 billion of equity capital. The purchasers will acquire approximately 56 million units of a newly authorized series of 8% Perpetual Series A Convertible Preferred Units (the “Preferred ...
  • Jan 08, 2016
    NGL Energy Partners LP Announces Transaction with ArcLight Capital Partners
    TULSA, Okla.–(BUSINESS WIRE)–NGL Energy Partners LP (NYSE:NGL) today announced that it has entered into an agreement with an affiliate of ArcLight Capital Partners (“ArcLight”) to sell TransMontaigne GP LLC (“TLPGP”) for $350 million in cash. TLPGP is the general partner of TransMontaigne Partners L.P. (“TLP”) and holds the 2% general partner (“GP”) interest and incentive ...
  • Jan 04, 2016
    Tallgrass Energy Partners Acquires Additional Interest in Pony Express Pipeline
    LEAWOOD, Kan.–(BUSINESS WIRE)–Tallgrass Energy Partners, LP (NYSE:TEP) announced today that it is acquiring an additional 31.3 percent interest in Tallgrass Pony Express Pipeline, LLC (“Pony Express”) for cash consideration of $475 million and 6.518 million TEP common units issued to Tallgrass Development. Based on TEP’s December 31st closing price of $41.21, the total consideration of ...
  • Dec 16, 2015
    Crowley Selects Eagle LNG as Marine Fuel Provider for New, LNG-Powered Ships
    Supporting LNG Infrastructure will be built in Jacksonville, Ready for Use in 2017 (JACKSONVILLE, Fla.; December 16, 2015) – Crowley Puerto Rico Services, Inc. has selected Eagle LNG Partners (Eagle LNG) as the liquefied natural gas (LNG)-supplier for the company’s new LNG-powered, Commitment Class ships, which will be delivered in 2017 for use in the ...
  • Dec 04, 2015
    MPLX and MarkWest announce successful completion of combination and director and executive appointments
    FINDLAY, Ohio, Dec. 4, 2015 – MPLX LP (NYSE: MPLX) and MarkWest Energy Partners, L.P. today announced the completion of the previously announced merger by which MarkWest became a wholly owned subsidiary of MPLX. As of this morning, MarkWest ceased to be a publicly traded partnership and its common units discontinued trading on the New York ...
  • Nov 19, 2015
    American Energy – Permian Basin, LLC Announces Pricing of $530 Million of Senior Secured First Lien Notes Due 2020
    OKLAHOMA CITY, Nov. 19, 2015 /PRNewswire/ — American Energy — Permian Basin, LLC (AEPB), an affiliate of American Energy Partners, LP (AELP), announced today the pricing of its offering of $530 million of 13.00% Senior Secured First Lien Notes due 2020 (Notes). The Notes will be sold to investors at 100% of their principal amount. ...