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Oil & Gas Refining and Marketing

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Kissner Group holdings to acquire US Salt from Crestwood Equity Partners

Tuesday, 31 Oct 2017 07:07am EDT

Oct 31 (Reuters) - Crestwood Equity Partners Lp :Kissner Group Holdings to acquire US salt from Crestwood Equity Partners.‍kissner Group Holdings - upon completion of deal, US Salt will continue to operate under its existing name as a subsidiary of Kissner​.‍Kissner Group Holdings - US Salt's salt refinery in Watkins Glen, New York, will remain fully operational​.

MeiDu Energy in deal to buy stake in lithium firm for up to 3.60 bln yuan

Monday, 30 Oct 2017 04:54am EDT

Oct 30 (Reuters) - MeiDu Energy Corp <600175.SS> ::Says it enters into a framework agreement to buy a 98.51 percent stake in a Shandong-based lithium firm, with transaction amount of no more than 3.60 billion yuan.

ExxonMobil acquires a crude oil terminal in Texas from Genesis Energy

Wednesday, 18 Oct 2017 01:54pm EDT

Oct 18 (Reuters) - Exxon Mobil Corp ::ExxonMobil acquires crude oil terminal to serve growing Permian Basin production.has acquired a crude oil terminal in Wink, Texas from Genesis Energy LP​.

Global acquires retail fuel and convenience store assets from Honey Farms

Wednesday, 18 Oct 2017 08:30am EDT

Oct 18 (Reuters) - Global Partners Lp :Global Partners announces acquisition of retail fuel and convenience store assets from honey farms, inc..Global Partners LP - ‍purchase price was approximately $36 million.​.Global Partners LP - ‍has acquired retail fuel and convenience store assets from Honey Farms, Inc. in a cash transaction​.

Motor Oil says MVU Brazos acquired 30 pct interest in the Manning project

Wednesday, 4 Oct 2017 05:22am EDT

Oct 4(Reuters) - MOTOR OIL HELLAS CORINTH REFINERIES SA ::SAYS MVU BRAZOS CORP. ("MVB") ACQUIRED 30 PERCENT INTEREST IN THE MANNING PROJECT (ANGELINA COUNTY, TEXAS, USA) .THE PROJECT INVOLVES THE DRILLING OF ONE MANDATORY AND ONE CONTINGENT WELL. THE MANDATORY WELL IS EXPECTED TO BE DRILLED AT THE BEGINNING OF 2018.CO'S PARTICIPATION COST FOR BOTH WELLS IS ESTIMATED AT USD 2.5 MILLION .MVB HAS PAID AN AMOUNT OF USD 236,674 FOR THE ABOVE ACQUISITION.

Superior Plus announces closing of Canwest Propane acquisition

Wednesday, 27 Sep 2017 04:39pm EDT

Sept 27 (Reuters) - Superior Plus Corp :Superior Plus announces closing of canwest propane acquisition following receipt of competition bureau clearance.Superior Plus Corp - expected annual synergies of at least $20 million confirmed.Superior Plus Corp - ‍maintaining its 2017 AOCF per share guidance of $1.50 to $1.75​.Superior Plus Corp - ‍2017 AOCF per share guidance of $1.50 to $1.75 does not include any of anticipated synergies from transaction​.

India's ONGC exec says HPCL acquisition could cost 300 billion rupees

Wednesday, 27 Sep 2017 05:28am EDT

Sept 27 (Reuters) - Oil and Natural Gas Corporation Ltd ::Says acquisition of HPCL could cost 300 billion rupees.Says will support merger of HPCL and MRPL.Says has cash of 100 billion rupees as on mid-Sept.Says open offer will not be required in HPCL acquisition case.Says to surrender one of its Indian coal bed methane blocks.Says two CBM blocks to start production in 2018.Says talking to couple of strategic investors for Dahej petchem plants.

Sprague Resources announces acquisition of Coen Energy

Tuesday, 19 Sep 2017 06:00am EDT

Sept 19 (Reuters) - Sprague Resources Lp :Sprague Resources Lp announces acquisition of Coen Energy.Sprague Resources Lp - ‍transaction is expected to contribute an additional $7 to $8 million of adjusted EBITDA on an annual basis​.Sprague Resources Lp - deal ‍expected to be immediately accretive to unitholders​.Sprague Resources Lp - ‍Sprague intends to fund transaction with borrowings from its senior secured credit facility​.Sprague Resources Lp - ‍transaction is also expected to be immediately accretive to unitholders​.

Moresco unit decides to scrap plan to acquire AML INDUSTRIES and AML Realty

Tuesday, 12 Sep 2017 03:11am EDT

Sept 12 (Reuters) - Moresco Corp <5018.T>:Says co's wholly owned unit MORESCO USA Inc decided to scrap plan to acquire AML INDUSTRIES, INC. and AML Realty LLC..Previous news was disclosed on Feb. 14.

Arc Logistics Partners - MLP to pay Zenith $11.5 mln termination fee

Tuesday, 29 Aug 2017 09:20am EDT

Aug 29 (Reuters) - Arc Logistics Partners Lp :Arc Logistics Partners Lp - upon termination of deal with Zenith Energy U.S.,under specific circumstances, MLP to pay Zenith termination fee of $11.5 million.Arc Logistics Partners Lp -deal provides Zenith to pay MLP termination fee of $24.6 million if deal is terminated under certain circumstances -SEC filing.

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