Marcellus and Utica shale midstreamer MarkWest Energy Partners LP has expanded its service offerings in the Anadarko Basin in a $245 million cash agreement with Chesapeake Energy Corp.
Offerings
Articles from Offerings
Sempra IPO in Mexico Raises Nearly $1B; Overall Profits Slip
San Diego-based Sempra Energy held debt-equity initial public offerings (IPO) in Mexico during the first quarter, raising nearly $1 billion for its expanding operations south of the border, and in the process creating what CEO Debra Reed said is Mexico’s second largest energy company, IEnova.
Sempra Raises Nearly $1B for Mexico Growth
San Diego-based Sempra Energy held debt-equity initial public offerings (IPO) in Mexico during the first quarter, raising nearly $1 billion for its expanding operations south of the border, and in the process creating what CEO Debra Reed said is Mexico’s second largest energy company, IEnova.
CME Assures Customers Ahead of Swap Dealer Rule Enactment
Looking to allay concerns from customers that some of its new product offerings will force a change in how they trade, CME Group issued an open letter last week that more fully explains how the exchange will operate once Dodd-Frank Wall Street Reform Act regulations on swap dealer registrations going into effect Oct. 12. The exchange also explained in more depth the previously announced rollout of a broad suite of new natural gas and power contracts that will be listed as futures on CME Globex, the New York Mercantile Exchange (Nymex) trading floor and CME ClearPort, and will be available for trading on CME Direct, a platform offering side-by-side trading and straight-through processing and clearing of exchange-listed and over the counter (OTC) energy markets.
CME Assures Customers Ahead of Early October Swap Dealer Rule Enactment
Looking to allay concerns from customers that some of its new product offerings will force a change in how they trade, CME Group issued an open letter Monday that more fully explains how the exchange will operate once Dodd-Frank Wall Street Reform Act regulations on swap dealer registrations go into effect Oct. 12. The exchange also explained in more depth the previously announced rollout of a broad suite of new natural gas and power contracts that will be listed as futures on CME Globex, the New York Mercantile Exchange (Nymex) trading floor and CME ClearPort, and will be available for trading on CME Direct, a platform offering side-by-side trading and straight-through processing and clearing of exchange-listed and over the counter (OTC) energy markets.
Foreigners, Private Equity Said Eyeing Big U.S. Unconventional Deals
Foreign buyers up to now have been gaining intelligence about drilling in North America’s prolific unconventional formations through joint ventures (JV) and region-specific acquisitions with willing U.S. natural gas and producers, but that’s about to change, according to an energy expert with industry consultant PwC US.
Cheniere Seeking $60M in Public Offerings
Cheniere Energy Partners LP said it expects to net about $60 million in public offerings, some of which would be used to fund development costs of its proposed addition of liquefaction capacity to the Sabine Pass LNG (liquefied natural gas) import terminal in Cameron Parish, LA. However, in order to advance the project still needs contracted customers.
AGL’s Proposed 12 Bcf Beaumont Storage Facility to Hold Open Season
Atlanta-based AGL Resources said it is kicking off a nonbinding open season later this month for service offerings at its proposed $180 million high-deliverability natural gas storage facility in the Spindletop salt dome in Beaumont, TX.
AGL’s Proposed 12 Bcf Beaumont Storage Facility to Hold Open Season
Atlanta-based AGL Resources said Monday it is kicking off a nonbinding open season later this month for service offerings at its proposed $180 million high-deliverability natural gas storage facility in the Spindletop salt dome in Beaumont, TX.
Nymex Unveils 3-2-1 Plus Energy Index Futures Contract
Adding to a busy week for the New York Mercantile Exchange (Nymex) that included new product offerings (see Daily GPI, Dec. 21) and accusations of merger interference (see Daily GPI, Dec. 22), as well as grumblings surrounding its scaled-down 2007 holiday schedule (see Daily GPI, Dec.21), the exchange reported Thursday that it will launch its first energy index futures contract, 3-2-1 Plus as part of the Nymex iPort suite of index futures contracts beginning on Jan. 21 for trade date Jan. 22.