Energy Transfer said on Tuesday it would buy WTG Midstream Holdings in a deal valued at about $3.25 billion, the latest in the pipeline operator s string of deals since last year aimed at expanding its gas transportation and processing network in the Permian Basin.
Sunoco LP, a U.S. gas station owner, agreed to acquire pipeline and fuel storage company NuStar Energy LP for about $7.3 billion in a move to diversify its business and buy up a key part of its supply chain.