Houston Chronicle A pipeline project to move natural gas from the Permian Basin of West Texas to Corpus Christi is moving forward with three public meetings in Odessa, Uvalde and Alice. Developers of the Whistler Pipeline held a public meeting for the project on Tuesday evening at the Odessa Marriott in Odessa. A second public meeting is planned for 5
Just 63 days after the close of a transformative purchase of MarkWest Energy Partners, Marathon Petroleum, the General Partner of MPLX LP (ticker: MPLX), is downwardly adjusting its dividend growth plan for the MLP – plans that it made public during the company’s Analyst Day presentation on December 3, 2015. MPLX, the limited partner of Marathon Oil Corporation (ticker: MPC),
Combined Companies will Create Fourth Largest MLP MPLX LP (ticker: MPLX), the master limited partnership (MLP) vehicle of Marathon Petroleum (ticker: MPC), has announced the oil and gas industry’s third-largest acquisition to date in 2015. According to news releases from the three companies involved, MPC and MPLX have signed a definitive agreement to acquire MarkWest Energy Partners LP (ticker: MWE)
MPLX LP Increases Quarterly Distribution MPLX LP (MPLX) today announced a cash distribution of $0.41 per common unit for the first quarter of 2015. This represents an increase of $0.0825 per unit, or 25.2 percent, over the first-quarter 2014 distribution and an increase of $0.0275 per unit, or 7.2 percent, over the fourth-quarter 2014 distribution. Since the partnership`s initial public
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