NGL

Record 2018 Sales Results Posted for National Guardian Life Insurance Company (NGL)

Retrieved on: 
Wednesday, April 3, 2019
Insurance companies, National Guardian Life, Insurance, Economy, Mutual insurance, NGL, The Guardian Life Insurance Company of America, Mutual Life Insurance Company

MADISON, Wis., April 3, 2019 /PRNewswire-PRWeb/ -- Madison-based mutual life insurance company National Guardian Life Insurance Company (NGL) and its subsidiaries, Settlers Life Insurance Company located in Bristol, Va. and Commercial Travelers Life Insurance Company located in Utica, N.Y., reported a record sales year of $838 million in 2018, which is an increase of seven percent over 2017.

Key Points: 
  • MADISON, Wis., April 3, 2019 /PRNewswire-PRWeb/ -- Madison-based mutual life insurance company National Guardian Life Insurance Company (NGL) and its subsidiaries, Settlers Life Insurance Company located in Bristol, Va. and Commercial Travelers Life Insurance Company located in Utica, N.Y., reported a record sales year of $838 million in 2018, which is an increase of seven percent over 2017.
  • The final expense insurance sales through NGL's subsidiary Settlers Life Insurance Company totaled $11.0 million.
  • Since 1910, National Guardian Life Insurance Company (NGL), a mutual insurance company, has been located in Madison, Wis.
  • National Guardian Life Insurance Company is not affiliated with The Guardian Life Insurance Company of America a/k/a The Guardian or Guardian Life.

NGL Energy Partners LP Announces $450 Million Offering of Senior Notes

Retrieved on: 
Wednesday, April 3, 2019
Energy, Oil, Gas, NGL, Oil fields

NGL Energy Partners LP (NYSE:NGL) and its wholly owned subsidiary NGL Energy Finance Corp. today announced that they intend to offer, subject to market and other conditions, $450 million in aggregate principal amount of senior notes due 2026.

Key Points: 
  • NGL Energy Partners LP (NYSE:NGL) and its wholly owned subsidiary NGL Energy Finance Corp. today announced that they intend to offer, subject to market and other conditions, $450 million in aggregate principal amount of senior notes due 2026.
  • While NGL believes such forward-looking statements are reasonable, NGL cannot assure they will prove to be correct.
  • NGL Energy Partners LP is a Delaware limited partnership.
  • NGL owns and operates a vertically integrated energy business with four primary businesses: Crude Oil Logistics; Water Solutions; NGL Liquids; and Refined Products and Renewables.

A.M. Best Reaffirms A- (Excellent) Rating of National Guardian Life Insurance Company (NGL)

Retrieved on: 
Monday, March 25, 2019
Insurance companies, National Guardian Life, Insurance, NGL, Mutual insurance, The Guardian Life Insurance Company of America

MADISON, Wis., March 25, 2019 /PRNewswire-PRWeb/ -- National Guardian Life Insurance Company (NGL) is pleased to announce that A.M. Best has reaffirmed its A- (Excellent) rating effective February 21, 2019.

Key Points: 
  • MADISON, Wis., March 25, 2019 /PRNewswire-PRWeb/ -- National Guardian Life Insurance Company (NGL) is pleased to announce that A.M. Best has reaffirmed its A- (Excellent) rating effective February 21, 2019.
  • A.M. Best also reaffirmed the A- (Excellent) ratings for NGL subsidiaries, Commercial Travelers Life Insurance Company located in Utica, N.Y. and Settlers Life Insurance Company, located in Bristol, Va.
  • Since 1910, National Guardian Life Insurance Company (NGL), a mutual insurance company, has been located in Madison, Wis.
  • National Guardian Life Insurance Company is not affiliated with The Guardian Life Insurance Company of America a/k/a The Guardian or Guardian Life.

NGL Energy Partners LP Closes Acquisition from DCP Midstream, LP

Retrieved on: 
Friday, March 1, 2019
Energy, Oil, Gas, Natural gas, Petroleum industry, Business, Energy, Midstream, Oil storage, Petroleum transport, Natural-gas processing, NGL

NGL Energy Partners LP (NYSE:NGL) (NGL or the Partnership) today announced that it has closed the previously announced transaction to acquire from DCP Midstream, LP (DCP) a wholesale propane and butane business, generally consisting of seven natural gas liquids terminals in the Eastern United States, including an import/export terminal located in Chesapeake, Virginia.

Key Points: 
  • NGL Energy Partners LP (NYSE:NGL) (NGL or the Partnership) today announced that it has closed the previously announced transaction to acquire from DCP Midstream, LP (DCP) a wholesale propane and butane business, generally consisting of seven natural gas liquids terminals in the Eastern United States, including an import/export terminal located in Chesapeake, Virginia.
  • All statements, other than statements of historical fact, included in this Press Release may constitute forward-looking statements.
  • NGL Energy Partners LPis aDelawarelimited partnership.
  • NGL owns and operates a vertically integrated energy business with four primary businesses: water solutions, crude oil logistics, NGL logistics and refined products/renewables.

Enterprise Begins Service on Shin Oak NGL Pipeline

Retrieved on: 
Thursday, February 28, 2019
Energy, Oil, Gas, Transport, Logistics, Supply chain management, Petroleum industry, Energy, Natural gas, Midstream, Oil storage, Petroleum transport, Enterprise Products, Natural-gas processing, Mont Belvieu, Texas, NGL

Enterprise Products Partners L.P. (NYSE: EPD) today announced that its Shin Oak natural gas liquids (NGL) mainline is now in service from Orla, Texas in Reeves County to its NGL fractionation and storage complex at the Mont Belvieu hub.

Key Points: 
  • Enterprise Products Partners L.P. (NYSE: EPD) today announced that its Shin Oak natural gas liquids (NGL) mainline is now in service from Orla, Texas in Reeves County to its NGL fractionation and storage complex at the Mont Belvieu hub.
  • Supported by long-term customer commitments, the Shin Oak project will ultimately provide up to 550,000 BPD of capacity, which is expected to be available in the fourth quarter of 2019.
  • The Shin Oak Pipeline represents another important addition to our expanding network of integrated midstream assets in the Permian Basin, said A.J.
  • Once the pipeline infrastructure is fully complete, NGLs for Shin Oak will be sourced primarily from Enterprises Orla natural gas processing complex, which began operations in 2018, as well as dedicated acreage from the Alpine High development.

Williams and Targa Resources Announce New NGL Agreements to Link Conway and Mont Belvieu Markets with New Pipeline Projects; Announce Option for Mont Belvieu Fractionation Joint Venture

Retrieved on: 
Wednesday, February 13, 2019
Energy, Oil, Gas, Greater Houston, Mont Belvieu, Texas, NGL

Williams (NYSE: WMB) and Targa Resources Corp. (NYSE: TRGP) (Targa) today announced new natural gas liquids (NGL) agreements and NGL pipeline projects that will link the Conway, Kansas, and Mont Belvieu, Texas, NGL markets.

Key Points: 
  • Williams (NYSE: WMB) and Targa Resources Corp. (NYSE: TRGP) (Targa) today announced new natural gas liquids (NGL) agreements and NGL pipeline projects that will link the Conway, Kansas, and Mont Belvieu, Texas, NGL markets.
  • We are pleased to partner with Targa on this NGL infrastructure solution, said Alan Armstrong, president and chief executive officer of Williams.
  • Expanding our NGL pipeline business to interconnect with Targas strategically-positioned Grand Prix Pipeline will provide Williams and our customers with access to Mont Belvieu while opening up additional markets for Conway.
  • In connection with this project, Williams has committed to Targa significant volumes which Targa will transport on Grand Prix and fractionate at Targas Mont Belvieu facilities.

DCP Announces Sale of Gas Supply Resources (GSR) Wholesale Propane Business to NGL Energy Partners LP

Retrieved on: 
Wednesday, January 30, 2019
Energy, Oil, Gas, Natural gas, Chemistry, Physical sciences, Gases, Midstream, Oil storage, Petroleum industry, Petroleum transport, Industrial gases, Natural-gas processing, Propane, NGL

NGL Energy Partners LP (NYSE: NGL) (NGL) and DCP Midstream, LP (NYSE: DCP) (DCP) announced they have executed a purchase and sale agreement under which DCP will convey to NGL its wholesale propane business, generally consisting of seven natural gas liquids terminals in the Eastern United States.

Key Points: 
  • NGL Energy Partners LP (NYSE: NGL) (NGL) and DCP Midstream, LP (NYSE: DCP) (DCP) announced they have executed a purchase and sale agreement under which DCP will convey to NGL its wholesale propane business, generally consisting of seven natural gas liquids terminals in the Eastern United States.
  • Under the terms of the agreement, NGL will acquire 100% ownership of five propane rail terminals operated by Gas Supply Resources, a subsidiary of DCP, and 50% ownership interest in a sixth propane rail terminal.
  • The propane terminals complement NGLs existing liquids portfolio and create additional opportunities for new and existing customers to supply their business.
  • NGL owns and operates a vertically integrated energy business with four primary businesses: water solutions, crude oil logistics, NGL logistics and refined products/renewables.

ONEOK Announces Additional NGL Fractionation and Pipeline Capacity and Natural Gas Processing Capacity

Retrieved on: 
Tuesday, September 25, 2018
Natural gas, Energy, Fuel gas, Chemistry, ONEOK, NGL, Natural-gas processing, Northern Border Pipeline, Oil fields, Equinor

An extension of ONEOK's Arbuckle II NGL pipeline further north and additional NGL gathering infrastructure to increase capacity between the Mid-Continent market hub and Arbuckle II.

Key Points: 
  • An extension of ONEOK's Arbuckle II NGL pipeline further north and additional NGL gathering infrastructure to increase capacity between the Mid-Continent market hub and Arbuckle II.
  • "Continued production growth across the basins ONEOK serves requires additional NGL fractionation and natural gas processing capacity," said Terry K. Spencer, ONEOK president and chief executive officer.
  • "Additional natural gas gathering and processing capacity in the Williston Basin is critical to supporting record-setting crude oil and natural gas production in North Dakota and helping producers meet regional natural gas capture targets," added Spencer.
  • The Demicks Lake I and II plants are expected to contribute additional NGL volumes to ONEOK's NGL gathering system and natural gas volumes to ONEOK's 50 percent-owned Northern Border Pipeline.

Targray Appoints Chris Kinney to Lead Natural Gas Liquids Supply Business in United States

Retrieved on: 
Friday, July 27, 2018
Targray, Sustainable development, Energy, Universe, Biofuel, Natural-gas processing, NGL, Energy storage

CHICAGO, July 27, 2018 /PRNewswire-PRWeb/ -- Global commodities company Targray has announced the appointment of Chris Kinney to lead Targray NGL , it's U.S.-based subsidiary focused on providing value-added natural gas liquids marketing and trading solutions in one of the company's most important core markets.

Key Points: 
  • CHICAGO, July 27, 2018 /PRNewswire-PRWeb/ -- Global commodities company Targray has announced the appointment of Chris Kinney to lead Targray NGL , it's U.S.-based subsidiary focused on providing value-added natural gas liquids marketing and trading solutions in one of the company's most important core markets.
  • "We're pleased to welcome Chris to Targray at such a critical time for the American natural gas liquids sector," said Andrew Richardson, President and Chief Executive Officer of Targray.
  • "His industry experience, U.S. market knowledge and novel approach to natural gasoline marketing and trading make him an ideal fit to lead our NGL business in the United States".
  • Targray is a leading international provider of materials and supply chain solutions for high-growth energy sectors including biofuels, natural gas, solar photovoltaics, energy storage, and battery manufacturing.