New Hess partnership includes propane storage, transloading facility
Hess Corp. agreed to sell a 50 percent interest in its Bakken midstream assets to Global Infrastructure Partners, a global infrastructure investor, for cash consideration of $2.675 billion, the company announced. Hess and Global Infrastructure Partners will create a midstream joint venture called Hess Infrastructure Partners. The venture will include the following midstream assets: Natural gas processing plant in Tioga,... read more