UGI Corp. has announced its UGI Energy Services unit is acquiring Columbia Midstream Group (Cmg) from a subsidiary of TC Energy for roughly $1.28 billion, Kallanish Energy reports.
Massive explosions and fire engulfed Philadelphia Energy Solutions’ refinery last Friday resulting in significant damage and renewing concerns about the oil industry’s use of a toxic chemical to make high-octane gasoline at plants in populated areas.
