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Williams Partners announces $2.5B acquisition in Marcellus ShaleWilliams Partners LP, a limited partnership formed by The Williams Companies Inc., is about to make its presence – and earnings potential – known in both the Marcellus and Utica shales with a recently announced acquisition and joint venture. |
Weekly Update: BHP Billiton swoops on PetroHawk Energy in $15.1 billion acquisitionIn this week's deals, BHP Billiton made its second major move into the US shale sector with a $15.1 billion acquisition including debt of Petrohawk Energy. |
Weekly Update: Energy Transfer Equity regains pole position in race to acquire Southern UnionEnergy Transfer Equity LP regained control this week in the battle to acquire Texas-based Southern Union Co. Three weeks ago, the company had made an initial approach and signed an agreement with SUG, only for Williams Cos. to swoop in with a better offer (around $8.6B). |
Weekly Update: Williams bid sparks takeover warWilliams Companies has ignited a takeover battle with Energy Transfer Equity LP for the acquisition of Houston-based Southern Union Co., which owns one of the biggest natural gas pipeline networks in the US, serving the Southeast, Midwest and Great Lake markets. |
Hess capex includes Tioga plant expansion
New York-based Hess Corporation announced its 2011 capital and exploratory budget of $5.6 billion on Jan. 7, nearly all of which is targeted for exploration and production: $3.1 billion for production, $1.6 billion for developments, and $900 million for exploration.
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Hess capex includes Tioga plant expansion
New York-based Hess Corporation announced its 2011 capital and exploratory budget of $5.6 billion on Jan. 7, nearly all of which is targeted for exploration and production: $3.1 billion for production, $1.6 billion for developments, and $900 million for exploration.
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Ethane disposition poses a risk for Marcellus Shale production
Producers in the Marcellus shale may be forced to curtail natural gas production unless they can come up with a viable way to dispose of ethane, an associated gas, according to a new study from BENTEK Energy.
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The race to liquids
Exploration and production companies are shifting their natural gas drilling budgets to high-BTU, liquid-rich plays, which is impacting gas processing, NGL markets, and petrochem feedstocks.
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