BP has agreed to sell non-controlling interests in its US midstream assets in the Permian and Eagle Ford basins to funds managed by Sixth Street for $1.5bn (£1.14bn). The deal is structured in two phases, with an initial payment of around$1bn made upon signing and the remaining amount by the end of this year, pending regulatory approvals. BP's US onshore subsidiary, bpx energy, will continue to operate the assets, which include pipelines and facilities in the Eagle Ford and Permian basins. The assets c ...