Williams Partners to shed Geismar olefins plant

Williams Partners LP, Tulsa, has entered a deal to sell its indirect ownership interest in the recently rebuilt and expanded Geismar, La., olefins plant and complex to Nova Chemicals Corp., Calgary. Source: News


Blackstone to acquire EagleClaw Midstream for $2 billion

Blackstone Energy Partners and Blackstone Capital Partners have agreed to buy EagleClaw Midstream Ventures LLC, a portfolio company of EnCap Flatrock Midstream, for $2 billion. The all-cash deal is expected to close by the end of July and includes $1.25 billion in stapled debt financing. Source: News


CNOOC offers 22 blocks off southern China

China National Offshore Oil Corp. is seeking international bids on 22 blocks covering 47,270 sq km offshore southern China. Source: News


Husky plans two Pearl River Mouth wells

Husky Energy Inc., Calgary, expects to drill two exploratory wells next year on Block 16/25 in the Pearl River Mouth basin 150 km southeast of Hong Kong. Source: News


Watching Government: Pivoting to tax reform

Federal tax reform briefly took center stage when US President Donald J. Trump said it would be emphasized after Speaker of the US House of Representatives Paul D. Ryan (R-Wis.) withdrew congressional Republicans’ first health care reform bill of 2017 on Mar. 24. Source: News