LNG

Energy Transfer Partners, the US pipeline company with LNG interests on the Gulf Coast, said it received approval from the Federal Energy Regulatory Commission to place additional phase two facilities into service on its $4.3-billion Rover Pipeline opening up Marcellus and Utica Shale production to US LNG export and domestic markets.

Marathon Petroleum Corp. has agreed to take over Andeavor in a $23-billion deal that would create a powerful US refining, marketing and midstream company with a huge presence in Permian Basin shale in the latest merger to coincide with rising oil prices.