DROK ENERGY JOURNAL: HESS CORP Sells 50% Bakken Processing Unit for $2.68 Bilion by Dr Wole Kupolokun

Hess Corp agrees to sell a 50 percent stake in its processing and pipeline unit to private equity firm Global Infrastructure Partners for 2.675 billion in cash. A midstream joint venture called Hess Infrastructure Partners will be formed by the companies with a focus on natural gas processing plant as well as crude oil pipelines and trucks wsj.co ...