Acquisitions and mergers

The acquisition includes a processing facility and a 104 mile, large-diameter, high-pressure rich gas gathering header pipeline connecting supplies from the Williston Basin area to high-demand markets.

The 120 mile, 12 in., bidirectional pipeline provides critical ethylene transportation, connecting Gulf Coast Growth Venture’s petrochemical complex in Corpus Christi to storage facilities in Markham, Texas.

Phillips 66 has announced a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own various subsidiaries and long haul natural gas liquids pipelines, fractionation facilities and distribution systems for total cash consideration of US$2.2 billion.

Martin Midstream Partners L.P. has announced the termination of the previously announced Agreement and Plan of Merger dated 3 October 2024, with Martin Resource Management Corporation (MRMC), pursuant to which MRMC would have acquired all of the outstanding common units of MMLP not already owned by MRMC and its subsidiaries.

Pembina Pipeline Corp. has announced the closing of Pembina Gas Infrastructure Inc.’s (PGI) acquisition of a 50% working interest in Whitecap Resources Inc.’s 15-07 Kaybob Complex, effective 31 December 2024.

New joint venture will be largest producer in UKCS, eclipsing second-largest producer in 2030 by more than 100 000 boe/d.

The divested natural gas and oil pipeline systems include a combination of both recently purchased and legacy company-owned midstream infrastructure and exclude any water infrastructure or surface acreage.

Project will reportedly provide additional natural gas capacity to serve growing market needs.

CNX Resources Corporation has announced that it has entered into a definitive agreement to acquire the natural gas upstream and associated midstream business of Apex Energy II, LLC.

The transaction is expected to close prior to 31 December 2024.