North American

Southern Union Company has confirmed receipt of a proposal by The Williams Companies, Inc. to acquire all of the outstanding shares of Southern Union for $39.00 per share in cash.

Willbros Group, Inc. announced June 27 that it had reached full and final agreement with TransCanada on the amount due to its U.S. construction subsidiary under a cost reimbursable target price construction contract for seven pump stations in Nebraska and Kansas.

Occidental Petroleum Corporation (Oxy) announced its wholly owned subsidiary Occidental Chemical Corporation (OxyChem) has signed a preliminary agreement with DCP Midstream LLC (DCP) for the supply and transport of natural gas liquids in Texas.

New Jersey Natural Gas (NJNG) submitted a filing June 16 with the New Jersey Board of Public Utilities seeking authority to invest up to $15 million to build compressed natural gas vehicle refueling stations in Monmouth, Ocean and Morris counties.

Dallas-based Energy Transfer Equity (which owns Energy Transfer Partners) announced June 16 that it will acquire Houston-based Southern Union Company.

Williams Partners L.P. has completed the acquisition of an additional 24.5% interest in the Gulfstream interstate gas pipeline system from Williams for $330 million.

Kinder Morgan Energy Partners, L.P. has agreed to pay $855 million to Petrohawk Energy Corporation and assume $65 million in debt for Petrohawk’s 50% interest in KinderHawk Field Services.

El Paso Natural Gas Company (EPNG), has successfully closed companion open seasons and signed long-term agreements to expand its Willcox lateral and provide mainline 95,000 Dth/d of natural gas transportation.

Regency Energy Partners announced June 2 that it has entered into agreements to provide gas and condensate gathering services for a producer in the Eagle Ford Shale.

DCP Midstream LLC and Targa Resources Partners LP have entered agreements that provide a long-term anchor commitment to the DCP Midstream Sandhills Pipeline LLC.

Syndicate content