trending Market Intelligence /marketintelligence/en/news-insights/trending/MWLpCJPR5VB0nzqvYC_OCQ2 content esgSubNav
In This List

Director of NGL Energy Partners' general partner steps down

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Using ESG Analysis to Support a Sustainable Future

Research

US utility commissioners: Who they are and how they impact regulation

Blog

Q&A: Datacenters: Energy Hogs or Sustainability Helpers?


Director of NGL Energy Partners' general partner steps down

Louis John Schaufele IV stepped down as EMG I NGL Holdings LLC-designated director at the board of NGL Energy Holdings LLC, the general partner of NGL Energy Partners LP.

The resignation, effective immediately, came after NGL Energy Partners bought a 5.73% stake in the general partner from EMG I NGL for $11.5 million in cash, according to a Sept. 6 SEC filing. The partnership said the departure was not caused by a disagreement on matters relating to operations, policies or practices.

NGL Energy Partners' integrated energy business is composed of assets in crude oil logistics, water solutions, NGLs and refined products and renewables.