Tuesday, March 4, 2025

Energy Transfer on Trend: Consolidates MLP

Energy Transfer Equity, L.P. (NYSE: ETE) and Energy Transfer Partners, L.P. (NYSE: ETP) announced that an agreement upon the merger of ETP with ETE in a unit-for-unit exchange. In connection with the transaction, ETE’s incentive distribution rights (IDRs) in ETP will be cancelled. ETP unitholders (other than ETE and its subsidiaries) will receive 1.28 common units of ETE for each

TPG Pace Energy Holdings Closes $2.6 Billion Merger

Steve Chazen up and running in the Eagle Ford, Austin Chalk Steve Chazen’s newly formed company, Magnolia Oil & Gas, is up and running, its stock trading on the NYSE under ticker MSY. Magnolia came out of TPG Pace Energy Holdings Corp. (NYSE: TPGE) merger with EnerVest, Ltd.’s South Texas Division for $2.66 billion. The deal closed July 31. The

Micro LNG plants Dresser Rand

Newest Push in the Permian: LNG in the Oilfields

Micro LNG plants opens way to truck natural gas to oilfields From Bloomberg It’s abundant, cheap and may slow down need to burn gas off. It’s called micro LNG, and the concept is simple. By super-cooling natural gas, they can pack three times more of it into a truck, which may help the Permian Basin deal with its growing gas