Global Infrastructure Partners said Wednesday that four former pipeline executives from El Paso Corp. are joining GIP. James Cleary will focus on identifying and managing investments involving natural gas, crude oil and other liquids pipeline assets. He is the former president of El Paso Corp.’s Western Pipeline Group. Joining Cleary are Thomas Price and Pat [...]
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A group of investors led by Apollo Global Management has agreed to buy El Paso Corp.’s oil and gas exploration and production assets for about $7.15 billion. The deal is subject to the completion of the merger between Kinder Morgan and El Paso Corp., as well as other customary closing conditions. Other investors include Riverstone [...]