Midstream giant Williams reported a jump in earnings and, during accompanying investor presentations, touted an expected spike in natural gas demand through this decade and into the next even if new political or regulatory roadblocks emerge. “Under any scenario, a lot of growth is coming on the demand side,” CEO Alan Armstrong said during an…
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Articles from Williams
Transco Files to Add 1.6 Bcf/d of Southeast Natural Gas Takeaway Capacity
Williams has filed with FERC for authorization to build its Southeast Supply Enhancement Project that would add about 1.6 Bcf/d of capacity to its Transcontinental Gas Pipe Line Co. (Transco) for natural gas deliveries from Virginia to Georgia. The pre-filing request with the Federal Energy Regulatory Commission on Feb. 1 comes three months after Williams…
Williams Acquires Hartree’s Gulf Coast Storage Assets For $2B
Midstream giant Williams said Wednesday that it has reached a deal to acquire a portfolio of Gulf Coast natural gas storage assets from an affiliate of Hartree Partners LP for $1.95 billion, capping a busy year for storage acquisitions and expansions. The deal includes six natural gas storage facilities with a total capacity of 115…
Williams Cements Top DJ Natural Gas Gathering Spot with $1.27B Cureton, RMM Acquisitions
Williams has secured its spot as the largest natural gas gatherer in the Denver-Julesburg (DJ) Basin by closing two previously announced midstream acquisitions valued at a combined $1.27 billion. Williams acquired Cureton Front Range LLC, whose assets include gas gathering pipelines and two processing plants serving producers across 225,000 dedicated acres. Williams also purchased private…
Bipartisan Approach Advancing Use of Natural Gas, Renewables to Progress U.S. Climate Goals
The Natural Allies For A Clean Energy Future organization is touting its growth as former political leaders join major U.S. producers and operators to advance using natural gas alongside renewable power to reduce carbon emissions. “Natural gas partnered with renewable energy can accelerate our path to a clean energy future – ensuring affordability and reliability…
Natural Gas Fundamentals ‘Better Than Ever’ as Decarbonization Driving Demand Growth, Says Williams CEO
Efforts to electrify and decarbonize the U.S. economy bode well for the natural gas infrastructure business, according to Williams Companies Inc. CEO Alan Armstrong. “The fundamentals, right now, are better than they have ever been for gas,” Armstrong said during the Barclays CEO Energy-Power Conference in New York. He cited that since 2014, government forecasts…
Williams’ Marketing Unit Seizes on Natural Gas Price Volatility, with Eye on LNG Opportunities
Williams capitalized on heightened natural gas price volatility and recorded all-time high gathering volumes during the first quarter, countering the unfavorable impacts of a harsh winter on its gathering system in the West. Management credited the success of marketing arm Sequent Energy Management LP, purchased in 2021, in optimizing the assets in its base business.…
Natural Gas Opportunities Abound for Williams, from Wellhead-to-Water, Says Top Exec
Williams has found an enthusiastic cheerleader to help guide natural gas opportunities into the future with Chad Zamarin. The recently promoted executive vice president oversees Corporate Strategic Development for the natural gas pipeline behemoth. Zamarin sat down with NGI at CERAWeek by S&P Global to discuss what’s ahead at Williams. He also chairs the Interstate…
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…
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…