Business Notes

Approach Resources, with its partner in Wildcat Permian Services LLC, entered into an Equity Purchase Agreement with affiliates of JP Energy Development LP, in which JP Energy will acquire all of the equity interests in Wildcat.

The boards of Regency Energy Partners LP and PVR Partners LP unanimously approved a definitive merger agreement pursuant to which Dallas, TX-based Regency will acquire PVR.

Seminole Energy Services LLC has acquired the crude oil transportation and logistics business of Native American Marketing LLC. Native American provides a variety of services in the oil industry including purchasing, transportation and marketing of crude oil.

The energy service company (ESCO) market in the United States has gone through a difficult period in recent years. Customers have grown concerned about the impact of energy performance contracts on their financial positions, and many of the resources, including policy measures, that drove growth prior to 2011 have been exhausted.

UOP LLC, a Honeywell company, has formed an alliance with Black & Veatch to help natural gas producers and fuel providers meet growing demand for LNG as a transportation fuel and for off-road, high-horsepower applications.

Advertisers from the print edition of Pipeline & Gas Journal, November 2013, Vol. 240, No. 11.

Alliance Energy Services agreed to acquire a Benson, MN, propane terminal from Kinder Morgan Energy Partners LP (KMP) for $5 million. The terminal supplies more than 75 million gallons per year from the Cochin Pipeline System and has a storage capacity of about 1.4 million gallons.

Advertisers from the print edition of Pipeline & Gas Journal, October 2013, Vol. 240 No. 10.

The demise of the Nabucco-West gas pipeline project leaves Romania and Hungary dependent on Russian gas imports, and scrambling for diversification solutions that variously look sub-optimal or doubtful.

Advertisers from the print edition of Pipeline & Gas Journal, September 2013, Vol. 240 No. 9.

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