Recent News

  • Aug 06, 2013
    NGL Energy Partners LP Announces Election of New Director
    TULSA, Okla.–(BUSINESS WIRE)–NGL Energy Partners LP (NYSE:NGL) announced today that Mr. John T. Raymond has been elected to the board of directors of its general partner, NGL Energy Holdings LLC, effective immediately. Mr. Raymond will serve as the designated representative of EMG II NGL GP Holdings LLC, a wholly-owned subsidiary of The Energy & Minerals ...
  • Aug 20, 2012
    Tallgrass Energy Partners, LP to Acquire Significant Midstream Assets from Kinder Morgan Energy Partners, L.P.
    OVERLAND PARK, Kan.--(BUSINESS WIRE)–Tallgrass Energy Partners, LP (Tallgrass), today announced that it has entered into a purchase and sale agreement with Kinder Morgan Energy Partners, L.P. (NYSE: KMP) to buy Kinder Morgan Interstate Gas Transmission (KMIGT), Trailblazer Pipeline Company, the Casper-Douglas natural gas processing and West Frenchie Draw treating facilities in Wyoming, and KMP’s 50 ...
  • Mar 08, 2012
    Pallinghurst announces PGM Consolidation and IDC investment
    The Industrial Development Corporation of South Africa today announced a major investment in the platinum mining and beneficiation industry that will see the creation of a significant platinum group metals (PGM) company in the North West Province of South Africa. The investment will be into a newly consolidated company, NewCo, which has the potential to ...
  • Dec 29, 2011
    The Energy & Minerals Group Completes Sale of 49% Interest in Liberty Joint Venture
    DENVER–Dec. 29, 2011– MarkWest Energy Partners, L.P. (NYSE: MWE) and The Energy & Minerals Group (EMG) today announced the closing of the previously announced acquisition by MarkWest of the 49 percent interest in MarkWest Liberty Midstream & Resources, LLC held by EMG. The acquisition consideration included approximately $1.0 billion of cash and the issuance of 19.95 ...
  • Mar 25, 2011
    ArcelorMittal, Nunavut and Baffinland Complete Plan of Arrangement
    TORONTO, ONTARIO and LUXEMBOURG, LUXEMBOURG–(Marketwire – March 25, 2011) – ArcelorMittal, Nunavut Iron Ore Acquisition Inc. and Baffinland Iron Mines Corporation (“Baffinland“) today announced the completion by Baffinland and 1843208 Ontario Inc. (“Acquireco“), a corporation owned as to 70% by ArcelorMittal and as to 30% by Iron Ore Holdings, LP, of the court approved plan of ...
  • Dec 27, 2010
    Plains All American Pipeline Announces Changes to Board of Directors In Connection with Ownership Changes in General Partner
    (Houston – December 23, 2010) Plains All American Pipeline, L.P. (NYSE: PAA) today announced changes to the board of directors of its general partner. Such changes are related to the previously announced agreement to transfer 50.1% of its general partner interest that was substantially consummated today. Two new directors were appointed to the board of ...
  • Dec 15, 2010
    Nunavut Iron Ore Acquisition Inc. Increases Its Offer Price for Baffinland Iron Mines Corporation to $1.35 per Share
    Revised Offer Price is a 23% Premium to ArcelorMittal Bid Revised Offer is for 50.1% of Baffinland Shares, including those already held by Nunavut Iron Shareholders receive significant premium and benefit of continuing ownership in Baffinland with new management and majority owner Nunavut Iron proposes Baffinland distribute 2% gross revenue royalty interest in proven and probable reserves to ...
  • Dec 10, 2010
    Plains All American Pipeline Announces Pending Transfer of Ownership in General Partner and Changes to Board of Directors
    (Houston – December 10, 2010) Plains All American Pipeline, L.P. (NYSE: PAA) today announced that Vulcan Energy Corporation, an affiliate of Vulcan Capital (collectively “Vulcan”) has entered into definitive agreements to sell its 50.1% ownership interest in PAA’s general partner. Vulcan Capital is the private investment group that oversees the portfolio investments of Paul G. ...
  • Jul 06, 2010
    Cliffs Natural Resources Inc. Announces Acquisition of INR Energy, LLC’s West Virginia Coal Operations
    Complementary Metallurgical and Thermal Coal Mining Complex to Increase Cliffs’ TotalGlobal Coal Equity Production Capacity to Nearly 11 Million Tons by 2012 CLEVELAND—July 6, 2010—Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today announced that it has entered into a definitive agreement to acquire all of the coal operations of privately owned INR Energy, LLC, a ...
  • Jul 06, 2010
    INR Energy, LLC Announces Sale of West Virginia Coal Operations To Cliffs Natural Resources, Inc.
    $757 million acquisition of INR’s assets to be finalized within 60 days Richmond, VA. (July 6, 2010) INR Energy, LLC, (“INR”) www.inrenergy.com a privately held producer and exporter of high-volatility metallurgical and thermal coal, is pleased to announce that it has entered into a definitive agreement to sell its West Virginia coal mining operations to Cliffs Natural Resources Inc. (“Cliffs”) (NYSE: ...
  • Feb 08, 2010
    INR Energy, LLC Announces Metallurgical Coal Shipments to Asia
    RICHMOND, Va.–(BUSINESS WIRE)–INR Energy, LLC (“INR”), a producer of metallurgical coal and high quality thermal coal, announced today that it has shipped its first vessel of Central Appalachian hard coking coal destined for China via a Newport News shipping facility. The Panamax vessel of approximately 72,000 metric tonnes, is the first of multiple shipments of ...
  • Jan 27, 2009
    MarkWest Energy Partners and NGP Midstream & Resources Announce Marcellus Shale Joint Venture
    DENVER & HOUSTON–(BUSINESS WIRE)–MarkWest Energy Partners, L.P. (NYSE: MWE)  – News and NGP Midstream & Resources, L.P. (M&R) today announced an agreement to form a joint venture dedicated to the construction and operation of natural gas midstream services to support producer customers in the Marcellus Shale. Under the terms of the joint venture, which will be owned 60 percent ...