Williams

Williams Natural Gas Bet Paying Off Now… and Well Into the Future?

Williams Natural Gas Bet Paying Off Now… and Well Into the Future?

Williams’ long-term natural gas focus continues to bring in the returns, according to CEO Alan Armstrong, who said strong quarterly results were attributable to the company sticking to its strategy. Speaking on a 3Q2022 conference call, Armstrong said the midstream giant’s adjusted earnings before interest, tax, depreciation and amortization (EBITDA) was up 15% compared to…

November 2, 2022
U.S. Natural Gas Heavyweights Launch Coalition to Export More LNG

U.S. Natural Gas Heavyweights Launch Coalition to Export More LNG

EQT Corp., the largest U.S. natural gas producer, has teamed up with midstreamers TC Energy Corp. and Williams to establish a coalition that will focus on increasing American LNG exports to help displace dirtier fuels abroad and lower greenhouse gas emissions. The Partnership to Address Global Emissions, or PAGE, would help develop and promote policies…

October 11, 2022
Williams, PennEnergy Move Certified Appalachian Natural Gas to Growing Domestic, LNG Markets

Williams, PennEnergy Move Certified Appalachian Natural Gas to Growing Domestic, LNG Markets

Williams is partnering with PennEnergy Resources LLC to market and deliver certified natural gas from the Appalachian Basin to meet growing demand in the United States and beyond. Through its Sequent business unit, purchased from Southern Co. in 2021, Williams is building a marketing portfolio to sell the low-carbon natural gas to utilities, LNG export…

August 9, 2022
Williams CEO Says Robust Natural Gas Demand ‘Driving a Great Pipeline of Growth Opportunities’

Williams CEO Says Robust Natural Gas Demand ‘Driving a Great Pipeline of Growth Opportunities’

The chief executive of Williams, a natural gas processing and transportation specialist, said mounting calls for LNG and robust summer cooling demand are driving exceptional activity levels on the Transcontinental Gas Pipe Line Co. (Transco) system, bolstering the company’s outlook. The past two months rank among the hottest Junes and Julys on record in the…

August 2, 2022
Williams Sanctions 1.8 Bcf/d Louisiana Energy Gateway to Deliver Haynesville Supply to Industrial, LNG Markets

Williams Sanctions 1.8 Bcf/d Louisiana Energy Gateway to Deliver Haynesville Supply to Industrial, LNG Markets

Williams on Wednesday hit the green light for the Louisiana Energy Gateway (LEG), a 1.8 Bcf/d natural gas system designed to move Haynesville Shale supply to industrial markets and for export overseas. The LEG system, set for service by late 2024, would deliver Haynesville gas to industrial corridors and to liquefied natural gas (LNG) export…

June 29, 2022
LNG Demand Driving Williams’ $1.5B Investment in Natural Gas Pipeline Expansions

LNG Demand Driving Williams’ $1.5B Investment in Natural Gas Pipeline Expansions

Midstream giant Williams is spending about $1.5 billion to grow its natural gas transportation capacity by nearly 2 Bcf/d over the next few years to accommodate growing demand, particularly for exports, according to management. One of the six transmission projects the Tulsa-based midstreamer is developing is a 364 MMcf/d expansion on the Transcontinental Gas Pipe…

May 3, 2022
Williams Joins Forces With Cheniere to Quantify, Report GHG Emissions

Williams Joins Forces With Cheniere to Quantify, Report GHG Emissions

Williams, operator of more than 30,000 miles of North American natural gas pipelines, said Tuesday it would partner with Cheniere Energy Inc. as part of broader effort to study and ultimately reduce greenhouse gas emissions (GHG) across the sector. The Tulsa-based midstream giant said it would join with Cheniere, the largest U.S. producer of liquefied…

April 19, 2022
Williams Expands Haynesville Natural Gas Operations, Eyes Moving RSG for LNG Export

Williams Expands Haynesville Natural Gas Operations, Eyes Moving RSG for LNG Export

Tulsa-based Williams has clinched agreements with Quantum Energy Partners that include more than doubling its Haynesville Shale natural gas midstream footprint to 4 Bcf/d-plus from 1.8 Bcf/d. In one deal, Williams agreed to pay $950 million for Quantum’s Trace Midstream, which holds East Texas natural gas gathering and processing assets.  A memorandum of understanding with…

March 14, 2022
Williams Credits ‘Proactive Engagement’ in Bringing Online Three Natural Gas, NGL Systems Ahead of Schedule

Williams Credits ‘Proactive Engagement’ in Bringing Online Three Natural Gas, NGL Systems Ahead of Schedule

Tulsa-based Williams said Friday it achieved early in-service capacity for three key North American natural gas and liquids infrastructure expansions, resulting in earlier-than-expected cash flow in the fourth quarter. The midstream giant credited “proactive engagement and open communication with stakeholders throughout the permitting and regulatory process, as well as expeditious and Covid-safe project execution” to…

December 22, 2020
Williams Given Approval to Resolve Chesapeake Midstream Contracts

Williams Given Approval to Resolve Chesapeake Midstream Contracts

Natural gas pipeline giant Williams has received a past-due payment of $112 million from Chesapeake Energy Corp. after a court approved a resolution between the two companies last month as part of the producer’s bankruptcy proceedings. The Tulsa-based pipeliner reached a global resolution in November to continue treating and moving Chesapeake’s natural gas in the…

December 18, 2020
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