A proposal has been made to take the Kansas City-based pipeline company, Tallgrass Energy, LP private. The company’s board of directors announced it had received a non-binding preliminary proposal from Blackstone Infrastructure Partners, its partners and respective affiliates. The proposal is for Blackstone to acquire all of Tallgrass Energy’s outstanding Class A shares for $19.50 …
Canadian Natural Resources Ltd, the country’s biggest oil producer, has joined a number of other firms asking Canada’s energy regulator to intervene in Enbridge Inc’s plan to overhaul shipping contracts on its Mainline pipeline network. Reuters reported that Canadian Natural’s letter to the National Energy Board, filed late on Monday, calls on the regulator to …
Encana Corporation’s wholly owned subsidiary, Newfield Exploration Mid-Continent Inc., closed on its previously announced $165 million sale of its natural gas assets in Oklahoma’s Arkoma Basin. Proceeds from the sale will be used to reduce the Company’s debt. In making the original announcement in July, the company identified the purchaser only as an “undisclosed buyer.” Encana’s Arkoma assets included approximately 140,000 …
