Marathon Petroleum Corp.’s (MPC) midstream master limited partnership, MPLX LP, has agreed to acquire MarkWest Energy Partners LP for roughly $15.8 billion in a deal that could double MarkWest’s growth profile over the next five years.
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Marathon Petroleum-MarkWest Merger Creates ‘New Competitor’ in Midstream
Marathon Petroleum Corp.’s (MPC) midstream master limited partnership, MPLX LP, has agreed to acquire MarkWest Energy Partners LP for roughly $15.8 billion in a deal that could double MarkWest’s growth profile over the next five years.
MarkWest Energy Agrees to $15.8B Merger With Marathon Petroleum Affiliate
Marathon Petroleum Corp.'s (MPC) midstream master limited partnership, MPLX LP, has agreed to acquire MarkWest Energy Partners LP for roughly $15.8 billion in a deal that could double MarkWest's growth profile over the next five years.
Marathon Petroleum-MarkWest Merger Creates ‘New Competitor’ in Midstream
Marathon Petroleum Corp.'s (MPC) midstream master limited partnership, MPLX LP, has agreed to acquire…
American Energy Partners Adds Utica NatGas Services
The Utica Shale affiliate of American Energy Partners LP (AEP-LP) late Monday secured more services in Ohio to expand its natural gas gathering, processing and fractionation capabilities.
MarkWest Moving Forward With More Appalachian Processing Projects
MarkWest Energy Partners LP continues to implement its efforts to meet growing demand for natural gas processing in the Appalachian Basin, saying it placed into service five major infrastructure projects during 2Q2014 and will construct seven more projects this year.
MarkWest to Double Fractionation at Hopedale Complex in Ohio
MarkWest Energy Partners LP plans to double the propane and heavier fractionation capacity at its Hopedale complex in Harrison County, OH, with an expansion expected to be complete by the first quarter of 2015.
MarkWest Facility Hit By Lightning in SW Pennsylvania
MarkWest Energy Partners LP on Thursday said its Houston Processing and Fractionation facility in southwest Pennsylvania would remain offline until a full assessment of equipment could be made after a lightning strike on Wednesday caused limited damage to one of its processing plants there.
MarkWest Liberty Ethane Pipeline Approved by Regulators
FERC has granted approval for a rate structure for MarkWest’s $110 million Liberty Ethane Pipeline, which will transport ethane from Majorsville, WV, to Houston, PA, and give shippers the ability to tap into major pipeline systems that access key markets, including the U.S. Gulf Coast, Canada and other international markets.
Summit Midstream to Enter Utica Shale, Buy Assets for $190M
Summit Midstream Partners LLC, which operates in shale plays across the country, plans to enter the Utica Shale after agreeing to acquire Blackhawk Midstream LLC’s interest in two companies operating and developing midstream infrastructure in southeastern Ohio for $190 million.