The subsidiary of Diamondback Energy, Inc. has priced at par an offering of US$500 million aggregate principal amount of its 5.625% senior notes due 2025.
Tom Sanzillo and Suzanne Mattei, IEEFA, discuss the calling off of three major North American pipeline projects, and whether there is more on the horizon.
On 1 July, the Ingham County Circuit Court amended its temporary restraining order requiring Enbridge to temporarily shut down the west segment of the pipelines through the Straits of Mackinac.
The assets are a natural extension to the Southeast United States natural gas transmission business that Basalt acquired from Third Coast Midstream in 2019.
MPUC voted to deny petitions for reconsideration filed on 21 May, 2020 in the Line 3 Replacement Project environmental impact statement, certificate of need and route permit dockets.