Tag: Blackstone
Blackstone deal to buy EagleClaw Midstream for $2 billion
EagleClaw Midstream largest privately held midstream operator in Delaware Basin EagleClaw Midstream Ventures announced on Monday it will be sold to funds managed by Blackstone Energy Partners and Blackstone Capital Partners for approximately $2 billion. According to a press release issued by the Midland, Texas based company, money from the all-cash deal includes about $1.25 […]
Blackstone in talks to buy stake in Energy Transfer assets
Blackstone in talks to buy stake in Energy Transfer assets-WSJ By Lauren Hirsch and Divya Grover Dec 22 (Reuters) – Private-equity firm Blackstone Group LP is in talks to buy a stake in assets owned by Energy Transfer Partners LP, the company building the controversial Dakota Access pipeline, a source familiar with the situation said […]
Blackstone, Jay Still join forces to buy 16,000 net acres in Permian Basin
Blackstone commits $500 million, says much more available for future expansion Blackstone, one of the world’s biggest investment firms, is expanding its presence in the Permian Basin of Texas, by joining up with a team of industry veterans led by Jay still. Blackstone Energy Partners, an affiliate of Blackstone (NYSE:BX), has partnered with Still and Guidon Energy, an oil and […]
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