Energy Transfer to acquire Crestwood in $7.1 billion transaction
August 16, 2023 By Ellen Kriz
Energy Transfer LP agreed to acquire Crestwood Equity Partners in an all-equity transaction valued at about $7.1 billion.
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Energy Transfer LP agreed to acquire Crestwood Equity Partners in an all-equity transaction valued at about $7.1 billion.
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Enterprise Products Partners started service at its Poseidon cryogenic natural gas processing plant in Glasscock County, Texas.
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Midstream operators are readying assets for the additional growth in fractionation capacity to separate the liquids into their respective purity products.
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Suburban Propane Partners elected Amy M. Adams and Rommel M. Oates to fill two vacancies on its expanded board of supervisors.
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Steven Dougherty, executive vice president and chief accounting officer at Crestwood Equity Partners, plans to leave the company to pursue other opportunities.
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Phillips 66 received an international certification for its Sweeny Refinery in Texas to process oil made from waste plastics into feedstocks for new plastics.
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ONEOK agreed to resolve its claim for total insurance payments of $930 million following a July 2022 incident at its NGL facility in Medford, Oklahoma.
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Enterprise Products Partners LP elected Rebecca G. “Becca” Followill as a director on the board of Enterprise’s general partner, Enterprise Products Holdings LLC.
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Phillips 66 plans to acquire all of the publicly held common units representing limited partner interests in DCP Midstream for cash consideration of $41.75 per common unit.
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With its “Let’s Clear the Air” campaign, the midstream industry asks the public to reconsider what’s possible in a transition toward cleaner energy.
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