Williams sues acquirer Energy Transfer over equity sale
The suit, which was filed Wednesday, argues that Dallas' Energy Transfer Equity violated the terms of the $33 billion merger the two companies signed last September by giving its shareholders...
View ArticleTensions rise as Energy Transfer-Williams merger sours
Tensions between William Cos. and its would-be buyer Energy Transfer Equity LP intensified after Williams said it had filed a third lawsuit related to the souring merger. Energy Transfer fired back on...
View ArticleShell will build Pennsylvania chemical plant, mum on Gulf Coast projects
Royal Dutch Shell said Tuesday it will build a multibillion-dollar petrochemical complex near Pittsburgh to make base chemicals and plastics from the natural gas produced within the Marcellus and Utica...
View ArticleEnergy Transfer wins ruling opening Williams deal escape route
Billionaire Kelcy Warren just won a hand in the biggest M&A poker game he’s played in the U.S. oil patch. Eighteen months after Warren’s Energy Transfer Equity began talks to acquire rival pipeline...
View ArticleEnergy Transfer ends $33 billion Williams merger
The proposed merger of two pipeline giants and rivals represented a contentious case of buyer's remorse for Energy Transfer in a deal that was considered a major coup before oil markets crashed...
View ArticleWilliams confirms chairman, 5 directors stepping down
Williams Cos. said Chairman Frank T. MacInnis and five other directors are stepping down from the board of the pipeline giant, whose proposed $33 billion takeover by Energy Transfer Equity LP collapsed...
View ArticleWilliams sells its Canadian business for $1 billion
Williams put its Canadian oil pipeline and processing network up for sale months ago, and now Williams is finalized the sale after its merger with Dallas-based Energy Transfer fell through.
View ArticleEnergy Transfer’s Sunoco Logistics buys into Permian from Vitol
The deal includes Sunoco buying a 2 million barrel crude oil terminal in Midland, as well as associated pipeline and gathering systems. The acquisition also gives Sunoco the 50 percent stake that Vitol...
View ArticleEnergy Transfer moves ahead with Dakota Access, despite protests, Obama request
Energy Transfer Partners LP is moving forward with construction of the controversial Dakota Access Pipeline, rejecting the Obama administration’s request that it voluntarily halt some work on the $3.8...
View ArticleAnalyst: Need for Dakota Access Pipeline declining
The need for the controversial and delayed Dakota Access Pipeline is falling along with the production of oil from the Bakken Shale in North Dakota and Montana, said Sandy Fielden, Morningstar’s...
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