bp has agreed to sell non-controlling stakes in its Permian and Eagle Ford midstream assets to private investment firm Sixth Street for $1.5 billion, advancing its capital optimization strategy while maintaining operational control. The deal covers bp’s bpx energy midstream infrastructure, including pipelines and four major Permian processing facilities, with Sixth Street acquiring 49% of the Permian assets and 75% of the Eagle Ford midstream system. bp will remain the operator across all assets. The tran ...