Louisiana Light • 4 days | 92.62 | -0.93 | -0.99% | |||
Bonny Light • 19 hours | 93.95 | -2.28 | -2.37% | |||
Opec Basket • 4 days | 96.35 | -1.13 | -1.16% | |||
Mars US • 3 hours | 86.97 | -1.92 | -2.16% | |||
Gasoline • 11 mins | 2.406 | -0.006 | -0.25% |
Bonny Light • 19 hours | 93.95 | -2.28 | -2.37% | |||
Girassol • 19 hours | 95.13 | -2.13 | -2.19% | |||
Opec Basket • 4 days | 96.35 | -1.13 | -1.16% |
Peace Sour • 10 hours | 85.29 | -0.92 | -1.07% | |||
Light Sour Blend • 10 hours | 85.79 | -0.92 | -1.06% | |||
Syncrude Sweet Premium • 10 hours | 94.39 | -0.92 | -0.97% | |||
Central Alberta • 10 hours | 83.59 | -0.92 | -1.09% |
Eagle Ford • 4 days | 87.27 | -0.92 | -1.04% | |||
Oklahoma Sweet • 4 days | 87.25 | -1.00 | -1.13% | |||
Kansas Common • 6 days | 84.00 | +3.25 | +4.02% | |||
Buena Vista • 6 days | 98.88 | +2.54 | +2.64% |
Engen, a South African based unit of Petronas, has announced that it has halted all crude imports from Iran, which used to account for 80 percent of
Read more +Cue energy has just released good news regarding permits for projects in New Zealand
Read more +MEO Australia Ltd has just received environmental approval for its Tassie Shoal LNG project.
Read more +Oilprice.com Editors
Last week Energy Transfer Partners LP (ETP) declared that the previously announced sale of its propane operations to AmeriGas Partners LP (APU) has finally been completed. AmeriGas Partners LP received Heritage Operating LP and Titan Energy Partners LP in exchange for $2.85 billion. Under the terms of the agreement the $2.85 billion consists of $1.46 billion in cash, approximately $1.32 billion of APU common units, and $71 million of existing Heritage debt that APU has agreed to assume.
ETP will own approximately 34% of the common units of APU and has committed to retain those units for at least one year. UGI Corporation, through subsidiaries, will remain as the general partner of APU, and ETP will appoint 1 director to the APU general partner board of directors.
ETP currently has natural gas operations that include more than 17,500 miles of gathering and transportation pipelines, treating and processing assets, and three storage facilities located in Texas. ETP also holds a 70 percent interest inLone Star NGL LLC, a joint venture that owns and operates NGL storage, fractionation and transportation assets in Texas, Louisiana and Mississippi.
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