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Texas company buying Southern Pines for $750M

GREENE COUNTY — PAA Natural Gas Storage of Houston, Texas, has entered into a definitive agreement to acquire SG Resources Mississippi, LLC. The primary asset of SG Resources is the Southern Pines...

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LDH Energy selling business unit, including Hub City facility

HATTIESBURG — Louis Dreyfus Highbridge Energy, LLC (LDH Energy) has entered into a definitive agreement to sell its Midstream Assets business segment, LDH Energy Asset Holdings, LLC, to ETP-Regency...

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Energy says salt dome project ‘effectively terminated’

SOUTH MISSISSIPPI — The U.S. Department of Energy says the proposal to use South Mississippi salt domes to store petroleum is “effectively terminated” because no federal money is designated or proposed...

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New York-based fund buys salt dome complex

SMITH COUNTY — Macquarie Infrastructure Partners II (MIP II), a North American infrastructure fund headquartered in New York, completed the acquisition of Leaf River Energy Center LLC from NGS Energy,...

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