Williams Partners to Shed Petrochem Plant Stake
Pipeline operator Williams Partners LP said it would sell its stake in a unit that owns 88.46 percent of an olefins plant in Louisiana to Nova Chemicals for $2.1 billion cash. Williams Partners said its units…
Enterprise Products Approached Williams over Acquisition
Enterprise Products Partners LP approached Williams Companies Inc earlier this summer about combining their businesses, two of the largest U.S. oil and gas pipeline operations, people familiar with the matter said.
Tepper Cuts Back on Big Energy bets in 2Q
Billionaire hedge fund manager David Tepper cut back on some of his biggest bets in the energy sector and sold off other names during the second quarter, according to a regulatory filing on Friday. Tepper's Appaloosa…
Sinking Shale Could Take Pipeline Business With It
Within weeks, two low-profile legal disputes may determine whether an unprecedented wave of bankruptcies expected to hit U.S. oil and gas producers this year will imperil the $500 billion pipeline sector as well. In the two court fights, U.S.
As U.S. Shale Sinks, Pipeline Fight Looms
Within weeks, two low-profile legal disputes may determine whether an unprecedented wave of bankruptcies expected to hit U.S. oil and gas producers this year will imperil the $500 billion pipeline sector as well. In the two court fights, U.S.
Williams Partners Cuts 2016 Capex by About $1 bln
Pipeline operator Williams Partners LP , a master limited partnership of Williams Companies Inc , cut its 2016 capital budget by about $1 billion, or by almost a third, to $2 billion. The company said the spending…
Keystone Snub Adds to Gloomy Prospects for Pipeline Companies
North American pipeline companies are at a crossroads. Once the darlings of investors, their growth prospects have been undercut by a 50 percent slide in oil prices and tough environmental reviews that have delayed projects.
ETE to Press on with Williams Buy Offer
Pipeline company Energy Transfer Equity LP said it planned to proceed with its proposal to buy rival Williams Companies Inc despite being rebuffed, indicating it may go hostile with the offer. Energy Transfer…
Williams Cos to Buy Affiliate Williams Partners
Williams Cos said on Wednesday it would buy affiliate Williams Partners LP for about $13.8 billion, the latest in a series of deals in the oil and gas pipeline industry as operators look to simplify their corporate structure.
FERC's Final EIS Favors Constitution Pipeline
The Federal Energy Regulatory Commission (FERC), on Friday, published its final environmental review of the proposed 124-mile natural gas Pipeline of Constitution Pipeline Company, LLC. The project, targeted to be complete by late 2015 or 2016…
Williams Gas Plant Back in Service after Explosion
Williams Partners LP said on Thursday it brought back into service two of the five units at its Opal, Wyoming, gas processing plant that has been shut since one unit was damaged in an explosion and fire on April 23.
Wyoming Natgas Plant to Restart after Blast
Williams Partners LP said Monday it plans to return to service the four undamaged units at its natural gas processing plant in Opal, Wyoming, which shut last week after an explosion and fire damaged one of the facility's five units.
