Oil & Gas Refining and Marketing

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NGL Energy Partners announces increased quarterly cash distribution

NGL Energy Partners LP:Declares quarterly distribution of $0.60875 per unit ($2.435 on an annualized basis) for quarter ended Sept. 30, 2014.This distribution represents 3.4 pct increase over the prior quarterly distribution of $0.58875 per unit and 19.1 pct increase over the distribution paid in...

Friday, 24 Oct 2014

Genesis Energy, L.P. announces acquisition of M/T American Phoenix

Genesis Energy, L.P:Announces that it has agreed to acquire for about $157 million the M/T American Phoenix from Mid Ocean Tanker company and two related charters and management agreements.Says American Phoenix, completed in 2012, is a modern, double-hulled, Jones Act qualified tanker with 330,000...

Thursday, 23 Oct 2014

See Hup Seng Ltd announces setting up of a new subsidiary

See Hup Seng Ltd:Says it has set up a new subsidiary in Brunei, namely, Seri Hetat Engineering Sdn Bhd.Says Hetat Brunei is 99.9 pct owned by Hetat Pte Ltd, with the remaining 0.1 pct held by Hetat Holdings Pte Ltd (both are 100 pct owned subsidiaries of the company).Says Hetat Brunei will have an...

Thursday, 23 Oct 2014

MarkWest Energy Partners LP raises FY 2014 EBITDA guidance

MarkWest Energy Partners LP:Increases FY 2014 Adjusted EBITDA guidance to a range of $860 to $880 million.FY 2014 EBITDA of $848 million - Thomson Reuters I/B/E/S.

Thursday, 23 Oct 2014

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