Inks

El Paso Energy Partners LP raised its first quarter and annual cash distributions to $0.65 and $2.60 per common unit, confirmed its quarterly and full-year earnings estimates, which are in line with Wall Street expectations, and signed a deal to build a gas production platform and gathering hub in Mustang Island block 103 in the Gulf of Mexico for Pioneer Natural Resources’ and Mariner Energy’s Falcon Field.

Sempra Energy Trading, the wholesale commodity trading arm of San Diego, CA-based Sempra Energy, announced last week that it inked a deal to buy New York-based Enron Metals & Commodity Corp. for $43.5 million in cash. Acquisition of the Enron company, a leading global trader of copper, lead and zinc concentrates, is subject to the approval of the U.S. Bankruptcy Court in New York.

The acquisition of Enron Metals & Commodity, a leading global trader of copper, lead and zinc concentrates, is subject to the approval of the U.S. Bankruptcy Court in New York.

CMS Energy Corp.’s energy marketing unit, CMS Marketing, Services and Trading (CMS-MST) reported that it has signed an agreement with Gas Natural Trading of Spain whereby CMS-MST will become Gas Natural’s exclusive agent to market cargoes of liquefied natural gas into North America.

Sempra Energy and Pacific LNG, a consortium of Repsol YPF, BG Bolivia Corp. and Pan American Energy LLC, last week inked a memorandum of understanding to enter into exclusive negotiations for a baseload supply of liquefied natural gas (LNG) from Bolivia to meet growing markets in northwestern Mexico and Southern California.

Sempra Energy and Pacific LNG, a consortium of Repsol YPF, BG Bolivia Corp. and Pan American Energy LLC, have inked a memorandum of understanding to enter into exclusive negotiations for a baseload supply of liquefied natural gas (LNG) from Bolivia to meet growing markets in northwestern Mexico and Southern California.

BP has committed all of its future gas production from the Southern Green Canyon area of the central Gulf of Mexico, including the Holstein, Mad Dog and Atlantis deepwater developments, to the Manta Ray Offshore Gathering and Nautilus Pipeline systems and the Neptune gas processing facilities. Enterprise Products Partners LP, Shell Gas Transmission and Marathon Oil own and operate the transportation and processing faculties and have signed a long-term deal with BP for various midstream services.

BP has committed all of its future gas production from the Southern Green Canyon area of the central Gulf of Mexico, including the Holstein, Mad Dog and Atlantis deepwater developments, to the Manta Ray Offshore Gathering and Nautilus Pipeline systems and the Neptune gas processing facilities. Enterprise Products Partners LP, Shell Gas Transmission and Marathon Oil own and operate the transportation and processing faculties and have signed a long-term deal with BP for various midstream services.

AEC Oil & Gas (USA) Inc., a unit of BP, McMurry Energy, Nerd Energy and Williams’ production business have dedicated 575 MMcf/d of gas production to Williams’ processing plant in Opal, WY, under a long-term agreement. The natural gas production is from the Jonah and Pinedale Anticline fields in southwestern Wyoming.