Midstream Assets Sale: BP Inks $1.5 Billion Agreement with Sixth Street
BP has agreed to sell non-controlling stakes in its U.S. midstream assets to funds managed by investment firm Sixth Street for $1.5 billion. The deal covers pipeline and processing facilities in the Permian and Eagle Ford basins and is part of BP’s wider plan to cut debt and streamline its portfolio. Midstream Assets: What Was…