Oct. 23 — Investment opportunities by some of Texas’ largest energy companies are starting to bear fruit with an initial public offering, two acquisitions and a new manufacturing line. BP has started the IPO of its midstream MLP, which is expected to produce hundreds of millions of dollars in proceeds. Exxon Mobil bought a Permian crude oil terminal, and it also started operations at a polyethylene line in Mont Belvieu. Meanwhile, Schlumberger reached a $1 billion joint-venture deal to buy a suit of Canadian oil and gas assets. Here are five things to know in Texas energy this week.
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