Oil and gas pipeline operator Crestwood Equity Partners LP will buy Oasis Petroleum Inc's midstream unit in a $1.8 billion deal to expand its footprint in U.S. shale basins.
Demand has jumped for relatively cheap Canadian natural gas, driving exports to the United States to three-year highs and prompting producers in Canada to boost capital spending and drilling activity.
Saudi Arabia's push for firms to set up regional headquarters in Riyadh is proving successful and is not aimed at dismantling corporate operations elsewhere, a senior Saudi official said.