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Valero To Purchase Semlogistics Milford Haven Fuel Storage Facility

Friday, 23 Feb 2018 04:15pm EST

Feb 23 (Reuters) - Valero Energy Corp ::VALERO TO PURCHASE SEMLOGISTICS MILFORD HAVEN FUEL STORAGE FACILITY.VALERO ENERGY CORP - MILFORD HAVEN FUEL STORAGE FACILITY HAS 8.5 MILLION BARRELS OF CAPACITY FOR STORING FUEL.VALERO - ‍VALERO ALSO EXPECTS TO RETAIN UK EMPLOYEES CURRENTLY ENGAGED IN BUSINESS TO BE ACQUIRED​.VALERO - ‍MILFORD HAVEN WILL CONTINUE TO OPERATE AS A THIRD-PARTY STORAGE FACILITY​.

SemGroup Corp To Sell U.K. Petroleum Storage Business

Friday, 23 Feb 2018 04:15pm EST

Feb 23 (Reuters) - SemGroup Corp ::PRESS RELEASE - SEMGROUP CORPORATION TO SELL U.K. PETROLEUM STORAGE BUSINESS.SEMGROUP SAYS REACHED AGREEMENT TO SELL UNIT TO VALERO LOGISTICS UK LTD, A SUBSIDIARY OF VALERO ENERGY.SEMGROUP SAYS INTENDS TO USE PROCEEDS FROM SALE TOWARD ITS CAPITAL RAISE PLAN AND TO PRE-FUND CAPITAL GROWTH PROJECTS.SEMGROUP - DEAL ALSO PROVIDES POTENTIAL EARNOUT PAYMENTS TO BE MADE IF CERTAIN REVENUE TARGETS ARE MET IN 4 YEARS AFTER DEAL CLOSE.

Snam Signs Final Agreements To Buy 82 Pct Of TEP Energy Solution

Friday, 23 Feb 2018 12:39pm EST

Feb 23 (Reuters) - SNAM ::SIGNS FINAL AGREEMENTS FOR ACQUISITION OF 82% CONTROLLING STAKE IN TEP ENERGY SOLUTION (TEP).AGREEMENT TO ACQUIRE VALUES TEP AT EUR 21 MILLION (100% ENTERPRISE VALUE).AGREEMENTS INCLUDE PRICE ADJUSTMENTS BASED ON TEP'S NEXT THREE YEARS' FINANCIAL RESULTS.AGREEMENTS INCLUDE PUT AND CALL OPTIONS EXERCISABLE BY 2020.

TC Pipelines LP Reports Qtrly ‍Net Income Per Common Unit $0.77​

Friday, 23 Feb 2018 07:30am EST

Feb 23 (Reuters) - TC Pipelines Lp ::TC PIPELINES, LP ANNOUNCES 2017 FOURTH QUARTER AND YEAR END FINANCIAL RESULTS.QTRLY ‍NET INCOME PER COMMON UNIT $0.77​.QTRLY TRANSMISSION REVENUES $109 MILLION VERSUS $111 MLN‍​.Q4 EARNINGS PER SHARE VIEW $0.76 -- THOMSON REUTERS I/B/E/S.

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