Crestwood Niobrara LLC is buying a 50% interest in Jackalope Gas Gathering Services LLC from RKI Exploration & Production LLC for $108 million, parent Crestwood Midstream Partners LP said Monday.
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TC PipeLines Takes Majority Stakes in GTN, Bison Gas Systems
Houston’s TC PipeLines LP late Wednesday increased its natural gas partnership by one-third in a $1.05 billion agreement with parent TransCanada Corp. that would give it control over both Gas Transmission Northwest LLC (GTN) and Bison Pipeline LLC.
Pine Prairie Completes Successful Open Season
PAA Natural Gas Storage, parent of Pine Prairie Energy Center, on Monday said it successfully completed a nonbinding open season for bids on an aggregate of 12.5 Bcf of firm storage capacity with a starting date of April 1 during 2015, 2016 and 2017.
Williams Buys Half of Chesapeake’s Former Midstream Business
Williams, which has been expanding its onshore presence in the Marcellus and Utica shales, late Tuesday snagged a deal to significantly expand its onshore footprint in a $2.4 billion transaction to acquire half of the natural gas pipeline system once owned by Chesapeake Energy Corp.
Pennsylvania Appellate Court Sides with Newspapers
An appellate court in Pennsylvania on Friday ordered a lower court to reconsider a request by two newspapers to have court records in a water contamination case unsealed.
Hurricane Sandy: TX Eastern Compressors Near NY Shut Down, Warnings to Customers
Two compressor stations have been shut down on Texas Eastern Transmission due to Hurricane Sandy, one in Suffern, NY and the other in Lambertville, NJ, a spokesperson for parent Spectra Energy said Monday.
South Jersey Energy has bought the retail marketing book of Pennsylvania customers from CenterPoint Energy Services, acquiring “a strong book of business that fits well with its northeast footprint,” South Jersey said. The more than 1,000 commercial and industrial customers acquired are primarily retail natural gas sales within the utility service areas of UGI, Columbia Gas of Pennsylvania, PECO Energy and Equitable.”This sale was made possible by significant changes in Pennsylvania’s competitive landscape,” South Jersey said. “Natural gas production in the Marcellus Shale has expanded dramatically, and the state’s electricity market is fully deregulated. This market supports [parent company South Jersey’s Industries’] existing wholesale gas sales efforts in the Marcellus Shale.”
Williams Moves to Master Marcellus
Williams Partners LP, whose parent Williams has been laser focused on building a midstream stronghold in the Marcellus Shale, late Monday agreed to pay $2.5 billion to buy the midstream arm of privately held producer Caiman Energy.
BG Group Raises Gulf Coast LNG Export Stake
A unit of BG Group plc has agreed to additional purchases of liquefied natural gas (LNG) from the proposed Sabine Pass Liquefaction LLC facility on the Gulf Coast, Sabine Liquefaction parent Cheniere Energy Partners LP said Thursday.
Nevada’s two major private-sector electric utilities, both operating under corporate parent NV Energy, will merge into one utility headquartered in Las Vegas. Sierra Pacific Power Co., a combination natural gas and electric utility in the north, will be consolidated into the larger electric-only Nevada Power Co. utility in the south, said NV Energy CEO Michael Yackira. Filings to the Nevada Public Utilities Commission and the Federal Energy Regulatory Commission are to be made by the end of this year.