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AltaGas, WGL expect decisions in H1; Marathon Oil sells Libya assets for $450M

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AltaGas, WGL expect decisions in H1; Marathon Oil sells Libya assets for $450M

Natural gas/midstream M&A

AltaGas expects regulatory decisions on WGL deal in H1

Canadian utility owner AltaGas Ltd. expects regulators to issue some of the final decisions on its US$6.63 billion purchase of WGL Holdings Inc. within months, CEO David Harris said on a conference call.

Marathon Oil divests Libya assets to Total for $450M

Marathon Oil Corp. completed a $450 million sale of subsidiary Marathon Oil Libya Ltd. to Total SA subsidiary Elf Aquitaine SAS, marking the Texas oil and gas producer's exit from Libya.

Antero waiting to restructure even after bow to investor pressure, analysts say

While the Antero corporate group's decision to examine transactions for its energy pipeline assets represents a concession to activist investors, equity analysts said the Appalachian shale gas conglomerate feels no pressure to speed up its reorganization timeline.

Avangrid completes sale of gas trading business

Avangrid Renewables Holdings Inc. on March 2 said it completed the sale of its Houston-based natural gas trading business, ENSTOR Energy Services LLC, to a subsidiary of Castleton Commodities International LLC.