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Wednesday, June 24, 2026

October 31, 2016

Dominion Midstream to Acquire Questar Pipeline for $1.725 Billion

October 31, 2016

Acquisition will more than double Dominion Midstream’s adjusted EBITDA – Eliminates need for additional asset contributions or equity financing until second half of 2018 – Dominion to use proceeds to retire debt Dominion Midstream Partners, LP (ticker: DM), and Dominion Resources, Inc. (ticker: D), today announced an agreement in which Dominion Midstream will acquire Questar Pipeline, LLC, from Dominion for

downstream

HollyFrontier to Acquire Suncor Energy’s Petro-Canada Lubricants Business for CAD$1.125 Billion

October 31, 2016

Combination Creates Fourth Largest Specialty Lubricants Producer in North America HollyFrontier Corporation (ticker: HFC) today announced it has entered into a definitive agreement to acquire Suncor Energy’s Petro-Canada Lubricants business for CAD $1.125 billion (or approximately $845 million based on the exchange rate at time of signing), including working capital with an estimated value of CAD $342 million (or approximately

Saudi Aramco and Nabors Enter JV

October 31, 2016

JV to own, manage and operate Saudi-made onshore drilling rigs in Saudi Arabia starting 2Q 2017 Nabors Industries Ltd. (ticker: NBR) today announced the signing of an agreement to form a new Joint Venture in the Kingdom of Saudi Arabia to own, manage and operate onshore drilling rigs. The Joint Venture, which will be equally owned by Saudi Aramco and Nabors, is

Pedersen to Retire as CEO of TD Bank, U.S. Banking Arm of TD Bank Group

October 31, 2016

From the Philadelphia Business Journal Mike Pedersen will retire as CEO of TD Bank, the U.S. banking arm of TD Bank Group, one of the top 10 largest U.S. banks by deposits. Effective June 1, 2017, Pedersen, 56, will be succeeded by Greg Braca, who is currently head of corporate specialty banking. Braca will become chief operating officer of the Cherry

Coal No Longer King for Iowa Utilities

October 31, 2016

Companies increasingly look more to lower priced wind and natural gas From The Gazette CEDAR RAPIDS — South of Alliant Energy’s Prairie Creek Generation Station on the city’s southwest side sits a mound of coal — enough to supply the Cedar Rapids power plant for about three months. Ultra-low-sulfur coal is shipped regularly from Wyoming to the 3300 C St.

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