Sunday, June 7, 2026

Emerge Energy Services LP to Acquire Local Sand Operation for $20 million

Emerge Energy Services LP (ticker: EMES) today announced the closing of a transaction to acquire Osburn Materials, a local sand producer based outside of San Antonio Texas, for approximately $20 million. Highlights The transaction was funded with a new $40 million term loan, and Emerge Energy used remaining proceeds after transaction fees and expenses to repay outstanding borrowings under its

U.S.’s Largest Public Pension Fund Not Happy with Private Equity

California’s $315 retirement system weighing new approaches to private equity investing From the Wall Street Journal The largest public pension fund in the U.S. is studying dramatic changes in how it invests in private equity that would slash payments to Wall Street managers, according to people familiar with the matter. The internal review is the latest effort by the California Public

Enterprise Products Partners to build 571-mile NGL pipeline

From the Houston Business Journal Houston-based Enterprise Products Partners LP (ticker: EPD) has announced another new project centered around the Gulf Coast’s growing petrochemical market. The project, called Shin Oak, includes a 571-mile pipeline to move natural gas liquids from Enterprise’s Hobbs terminal in the Permian Basin in Gaines County, Texas, to its terminal in Mont Belvieu, Texas, which is

Williams Partners Agrees to Sell Its Interests in the Geismar Olefins Facility to NOVA Chemicals for $2.1 Billion

Williams Partners L.P. (ticker:WPZ) announced today that it has agreed to sell 100 percent of its membership interest in Williams Olefins LLC, which owns an 88.46 percent undivided ownership interest in the Geismar, Louisiana, olefins plant and associated complex, to NOVA Chemicals for $2.1 billion in cash subject to customary closing conditions. Additionally, upon closing of the transaction, Williams Partners