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Oil & Gas Refining and Marketing

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SK Networks to buy Tongyang Magic for 619 bln won

Friday, 30 Sep 2016 05:25am EDT

SK Networks Co Ltd <001740.KS> :Says it will buy 100 percent stake in Tongyang Magic Inc., for 619 billion won.

SemGroup Corp announces stockholder approval of acquisition of Rose Rock Midstream, L.P.

Thursday, 29 Sep 2016 09:16am EDT

SemGroup Corp : SemGroup Corporation announces stockholder approval of acquisition of Rose Rock Midstream, L.P. . Deal in an all stock-for-unit transaction .Transaction is expected to close on Sept. 30, 2016.

Z Energy to sell Caltex Service Station

Wednesday, 28 Sep 2016 07:43pm EDT

Z Energy Ltd : Sees Z reach the middle of guided range of NZ$25-30 million synergies in FY18 .To sell Caltex Service Station in Fanshawe Street for over NZ$20 million.

Crestwood and Swepi enter into long-term gas gathering agreement in the permian

Tuesday, 27 Sep 2016 04:10pm EDT

Crestwood Equity Partners LP : Crestwood And Swepi enter into long-term gas gathering agreement in the permian - delaware basin . Project development activities are underway with a targeted initial in-service date on or before july 1, 2017 . Shell has option to purchase up to a 50 percent equity interest in initial gathering system prior to september 1, 2017 . Shell dedicates approximately 100,000 acres in loving, reeves and ward counties, texas to co under gas gathering deal . Says co estimates full build-out of gas gathering system will cost approximately $180 million .Expect investment will be accretive to co as early as late 2017 and, in any event, fully accretive to co in 2018.

Crestwood and Swepi enter into long-term gas gathering agreement in the permian

Tuesday, 27 Sep 2016 04:10pm EDT

Crestwood Equity Partners LP : Crestwood And Swepi enter into long-term gas gathering agreement in the permian - delaware basin . Project development activities are underway with a targeted initial in-service date on or before july 1, 2017 . Shell has option to purchase up to a 50 percent equity interest in initial gathering system prior to september 1, 2017 . Shell dedicates approximately 100,000 acres in loving, reeves and ward counties, texas to co under gas gathering deal . Says co estimates full build-out of gas gathering system will cost approximately $180 million .Expect investment will be accretive to co as early as late 2017 and, in any event, fully accretive to co in 2018.

Tesoro to acquire Virent

Tuesday, 6 Sep 2016 04:30pm EDT

Tesoro Corp : Says has agreed to acquire Virent, Inc. .Says Tesoro will operate Virent as a wholly owned subsidiary which will be located in Madison, Wisconsin.

Delek US announces agreement to sell retail related assets for $535 million

Monday, 29 Aug 2016 08:00am EDT

Delek US Holdings Inc : Delek US announces agreement to sell retail related assets for $535 million . As part of transaction, Delek will continue to supply fuel to certain MAPCO retail locations under an 18-month supply agreement . Debt associated with retail assets, which was approximately $160.0 million at June 30, 2016, will be repaid at closing .Entered deal with U.S. Unit of Compañía De Petróleos De Chile, under which co to sell MAPCO Express, certain affiliated COS to unit.

Delek US announces agreement to sell retail related assets for $535 million

Monday, 29 Aug 2016 08:00am EDT

Delek US Holdings Inc : Delek US announces agreement to sell retail related assets for $535 million . As part of transaction, Delek will continue to supply fuel to certain MAPCO retail locations under an 18-month supply agreement . Debt associated with retail assets, which was approximately $160.0 million at June 30, 2016, will be repaid at closing .Entered deal with U.S. Unit of Compañía De Petróleos De Chile, under which co to sell MAPCO Express, certain affiliated COS to unit.

Shanghai Dasheng Agriculture Finance Technology enters capital injection agreement<1103.HK>

Friday, 26 Aug 2016 09:07am EDT

Shanghai Dasheng Agriculture Finance Technology Co Ltd <1103.HK>: Dasheng agr fin-discloseable transaction - increase of registered capital and deemed acquisition of equity interests of nantong road and bridge engineering co., ltd. <1103.HK> . Company, entered into the capital injection agreement with Nantong and the minority shareholders . Company will inject a total of RMB300MLN . Says injection agreement will be financed by internal resources of the group and/or external borrowing .

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