TULSA: U.S. energy company Williams (WMB.N) on Thursday announced a pair of transactions to advance its natural gas strategy, including the sale of a Louisiana upstream asset to Japan’s JERA and a $1.9 billion partnership with Woodside Energy (WDS.AX) to invest in an LNG export project. The moves are designed to strengthen Williams’ integrated “wellhead-to-water”…
Tag: pipeline
Enterprise Products Partners acquires Pipeline and Fractionator from Western Midstream for $400m
Enterprise Products Partners L.P. (NYSE: EPD), a leading North American provider of midstream energy services, announced on Tuesday that it has acquired pipeline and fractionator interests from Western Midstream Partners, LP (NYSE: WES) for $400 million in cash. The deal includes a 20 percent stake in Whitethorn Pipeline Company LLC, which owns a 620,000 barrel…
Sanofi reports strong sales and earnings growth in 2023, driven by new products and pipeline
PARIS, FRANCE: Sanofi, a global leader in healthcare, announced today its financial results for the year 2023, showing a 5.3% increase in sales and a 5.4% increase in business earnings per share (EPS) at constant exchange rates (CER). The company attributed its solid performance to the successful launches and growth of its specialty care products,…
ONEOK to buy Magellan Midstream Partners in $18.8 billion deal
ONEOK Inc agreed on Sunday to buy U.S. pipeline operator Magellan Midstream Partners in a cash-and-stock deal valued at about $18.8 billion including debt, bringing natural gas-focused ONEOK into transporting refined products and oil. ONEOK will pay $25 and 0.6670 shares of ONEOK common stock for each outstanding Magellan common unit, representing a premium of…