Plains Midstream Canada to Acquire Spectra's Empress NGL Business

Westcoast Energy Inc., an indirect subsidiary of Spectra Energy Corp., has agreed to sell its ownership interests in Spectra's Canadian natural gas liquids business to Plains Midstream Canada ULC, an indirect subsidiary of Plains All American Pipeline LLC, for approximately C$200 million (US$150 million) plus customary closing adjustments, the companies said Monday. Read More