No. 10: Pipeline spinoff gets off to a robust start
Robert Grattan, Houston Chronicle: June 18, 2016
Royal Dutch Shell owns one of the United States’ essential pipeline networks, transporting oil and gas from the seafloor of the Gulf of Mexico to its refineries and beyond.
But for decades, that network was a secondary interest for investors, most of whom focused on Shell’s global drilling and refining operations. So in late 2014, Shell set out to push those pipelines out of the background by spinning off Shell Midstream Partners as a public company, in which Shell holds a controlling interest.