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Kinder Morgan Acquires NextEra Energy Partners' Pipelines, Exxon and Chevron's Deals Decline, BP Explores Joint Ventures in US Shale
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Overview
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Kinder Morgan, a U.S. pipeline operator, is set to acquire NextEra Energy Partners' gas pipelines in South Texas for $1.82 billion. Exxon Mobil and Chevron's megadeals saw a decline in share prices after announcing their deals. BP is exploring forming joint ventures in U.S. shale gas fields to expand production and cut costs.
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How will the acquisition of NextEra Energy Partners' pipelines impact Kinder Morgan's pipeline operations?
What factors contributed to the decline in Exxon and Chevron's share prices?
What potential benefits can BP gain from forming joint ventures in US shale gas fields?
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