NGL Energy Partners has firmed up its ability to pay for its future projects by selling TransMontaigne GP LLC (TLPGP) to an affiliate of ArcLight Capital Partners for $350 million in cash. The deal would move the two percent general partner interest an…
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A stunning and dramatic loss of 34 oil and gas rigs was reported nationally in the past week according to Baker Hughes Company of Houston, Texas, the firm that monitors rig activity across the U.S. It reflects the tumbling oil and gas prices and their …
