World Oil (Bloomberg) – Moves from Congress are likely to be more important to building out U.S. oil and gas projects than policy from the White House, according to the top executive at pipeline operator Williams Cos. “I actually think paying more attention to how Congress turns out, and the legislative front, is actually a bigger push because that’s actually
Oil Price Despite multi-year low natural gas prices in the United States, domestic producers continue to be optimistic about the long-term prospects of gas as a fuel, both in America and abroad. The current oversupply in the U.S. natural gas market is set to ease in the coming months as many operators are curtailing production in response to the February
Oil and Gas 360 November 2, 2023 —Tailwater Capital LLC (“Tailwater”), an energy and growth infrastructure private equity firm, and a fund managed by the Private Equity Group of Ares Management (“Ares”), a leading global alternative investment manager, today announced that they have signed definitive agreements to sell Cureton Front Range LLC (“Cureton” or the “Company”) to Williams Field Services
Oil Price U.S. natural gas infrastructure will have to expand so that gas can serve as a backup power generation fuel amid soaring wind and solar capacity in the energy transition, says the chief executive of the pipeline giant handling one-third of U.S. gas deliveries. Natural gas will continue to be needed to prevent blackouts if weather is not
World Oil (WO) — Williams and Chevron U.S.A have agreed to support natural gas development in the prolific Haynesville basin as well as the deepwater Gulf of Mexico. Williams will provide natural gas gathering services to Chevron’s 26,000-acre Haynesville dedication. Chevron has agreed to a long-term capacity commitment on Williams’ Louisiana Energy Gateway (LEG) project. Additionally, Williams has agreed to
Oil and Gas 360 TULSA, Okla.–(BUSINESS WIRE)– Williams (NYSE: WMB) has signed a Memorandum of Understanding (MoU) with Microsoft to explore ways to transform one of the nation’s largest energy infrastructure networks through digital technology and innovation while advancing our net zero emissions goals. “Williams shares Microsoft’s vision for a low carbon future. Likewise, Williams is committed to helping our
Oil and Gas 360 Tulsa, Okla. – Williams (NYSE: WMB) announced today that it has filed a comprehensive Stipulation and Agreement (“Settlement”) with the Federal Energy Regulatory Commission (“FERC”), which would settle all aspects of the Transcontinental Gas Pipe Line Company, LLC (“Transco”) rate case currently pending before the FERC. The company anticipates FERC approval of the Settlement during the
Houston Chronicle U.S. oil companies are wasting a record amount of natural gas instead moving it to market and selling it, a new report from the Energy Information Administration shows. In a pair of industry practices known as venting and flaring, oil companies that don’t have their wells connected to natural gas pipelines either release into the atmosphere or burning
Houston Chronicle Oklahoma pipeline operator Williams is asking a judge to overturn a decision by state regulators allowing one of the pipeline company’s potential customers to burn off natural gas in a controversial industry practice known as flaring — instead of moving and selling the gas. In a Nov. 20 lawsuit filed before Judge Jan Soifer with the 345th State District Court
By Tyler Losier, Energy Reporter, Oil & Gas 360 New $3.8 Billion JV in the Marcellus/Utica Williams (stock ticker: WMB), an energy infrastructure company headquartered in Oklahoma, completed the formation of a $3.8 billion joint venture today with the Canada Pension Plan Investment Board (CPPIB). As part of the deal, which was first announced back in March, CPPIB trades approximately
Williams Receives FERC Certificate Authorizing Northeast Supply Enhancement Project
Transco is largest gas transmission system in U.S. – 10,000-mile pipeline network, main line runs 1,800 miles between South Texas and New York City The nation’s largest-volume natural gas transmission system, Transco, delivered a record-breaking 15.68 million dekatherms (MMdt) of natural gas on Jan. 21, 2019, Williams (stock ticker: WMB, $WMB) reported. The new peak-day mark surpasses the previous high
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