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 offered $48 billion in stock in June but Williams rejected the proposal, saying it was too low. The all-stock offer is now worth $44.6 billion as Energy ...

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. Master Limited Partnerships (MLPs) are also being bought out to eliminate incentivized distribution rights that can divert a large chunk of cash ...

While numbers in the Ohio Utica Shale and Marcellus Shale are about the same as last week’s well activity report, one company is selling all of its operations in the region. EV Energy Partners announced on Monday that it is selling its 21 percent interest in a dominant natural gas and liquids processing operation that is located in eastern Ohio.  ...

Houston-based EV Energy Partners LP said Monday it is selling its entire 21 percent interest in a major natural gas and liquids processing operation in eastern Ohio for $575 million. The buyer is Utica Gas Services LLC, a subsidiary of Oklahoma-based Williams Partners LP, a major pipeline and processing company that already owns 49 percent of the Ohio operation known ...

NEW YORK — Williams Partners L.P. will expand its stake in Utica East Ohio Midstream to a majority interest for about $575 million. The energy infrastructure company already owns a 49 percent stake in Utica East, which focuses on fracking in the Utica Shale formation in eastern Ohio. It is buying the 21 percent interest owned by EV Energy Partners ...

SCRANTON, Pa. — The companies backing a 124-mile pipeline designed to ferry cheap Marcellus Shale natural gas to New York and New England can build across seven northeastern Pennsylvania properties whose owners had not agreed to it, a judge ruled. U.S. District Judge Malachy Mannion ruled that the Constitution Pipeline has the necessary permits from the Federal Energy Regulatory Commission ...

HOUSTON, Pa. — A Christmas Eve fire at a natural gas metering station in western Pennsylvania forced about a dozen people from their homes. The Observer-Reporter reports nerves were rattled but no one was injured in the blaze Wednesday at the Williams Partners LP station in Chartiers Township, about 25 miles southeast of Pittsburgh. The fire broke out around 10 p.m. ...

Shane Thielges | Shale Plays Media Residents of Lebanon County in Pennsylvania are hoping to enact local ordinances to alter the construction of a pipeline planned for the area, reports PennLive. Williams Partners, LP seeks to build the Atlantic Sunrise pipeline through the county as part of a larger effort to connect Marcellus shale gas producing wells to its existing Transco ...

Zach Koppang | Shale Plays Media Two major players in Wyoming’s oil and gas industry are considering a $6 billion acquisition deal. The Wyoming Star-Tribune reported that Williams Partners LP is preparing to merge with Access Midstream Partners LP, which could have a major impact on the state of Wyoming. Both natural gas companies’ board of directors have yet to ...

A commission partnership has been announced for a new gas processing plant in Converse County, Wyoming. Williams Partners L.P. and Crestwood Midstream Partners L.P. have collaborated to commission the Bucking Horse gas processing facility, which will boost the Powder River Basin’s processing capacity by 120 million cubic feet per day. The new site, located in Douglas, will include processing buildings, ...