Arguments were heard this week in the Delaware Supreme Court in a lawsuit against Tulsa’s Williams Companies over its failed 2015 merger with Energy Transfer Equity of Dallas. The suit stems from a derivative case filed by a stockholder seeking damages for a $428 million payout by The Williams Cos., a case that had been …
Tulsa’s Williams Partners L.P. announced this week it has put into service an expansion project of one of its natural gas lines along the east coast. The expansion applies to the Virginia Southside II project, the fifth of Transco’s “Big 5” expansions to enter service this year, according to the announcement. The five fully-contracted expansion …
The conversion should be completed in the first half of 2020 and will provide the partnership with total crude oil pipeline capacity of more than 650,000 barrels a day out of the Permian. The oil will be carried to Enterprise’s crude oil hub in the Houston area. The company has three existing NGL pipelines stretching …
Dallas-based Energy Transfer Partners has been given until April 1 by a Washington D.C. federal Judge to create an oil-spill response plan for its controversial Dakota Access Pipeline in North Dakota. U.S. District Judge James Boasberg issued the order nearly six months after he ruled the Army Corps of Engineers should review the project that …
At least one political candidate is reacting with anger over the move by the Oklahoma Turnpike Authority to raise the cost of driving on the turnpikes. GOP Gubernatorial hopeful Gary Richardson, who says the turnpikes should be free to drive on, called the move an “absolute outrage.” “I can’t believe our state ‘leaders’ have the …
New leaders of Oklahoma Senate committees including those of Energy and Transportation were named this week by Senate President Pro Tempore Mike Schulz. He filled vacancies in leadership positions in various committees. Sen. Mark Allen, R-Spiro was named chair of the Senate Energy Committee. Sen. Eddie Fields, R-Wynona was appointed vice-chair. The new head …
The Federal government says it plans to rescind a two-year old rule that required trains carrying crude oil to be outfitted with electronically controlled pneumatic brakes or ECP brakes. The ruling originally was a response following deadly and disastrous tanker derailments. The U.S. Department of Transportation made the announcement this week. Long trains of oil-carrying …
Energy companies, whether they’re oil and gas related or connected to wind farms will end up footing a higher bill when they choose the Oklahoma Turnpike for travel. The State Turnpike Authority voted this week to increase tolls by 2.5 percent beginning in early January. It means most vehicles will pay $4.50 to travel between Oklahoma …
Tulsa’s Magellan Midstream Partners LP recently announced plans to develop a new pipeline to transport oil from the Permian and Eagle Ford Basins of Texas to several destinations in the Corpus Christi and Houston markets. Magellan’s existing crude oil terminals in the markets will also receive some of the shipments. The company announced it has …
Nearly $49 million in State highway improvement projects in Oklahoma City were approved this week in a meeting of the Oklahoma Transportation Commission. A $27 million contract was awarded to Allen Contracting Inc. and Shell Construction Inc. to finish two remaining core sections of the Oklahoma City Boulevard in downtown. The interior sections between Western …