A report written by John Egan for Industrial Info Resources, discusses how persistently low crude-oil prices may soon swamp oil and gas pipelines as they have for producers and oilfield service companies. Bankrupt producers have asked courts to void contracts signed with pipelines, and the courts are agreeing, though their rulings have been narrow.
Within this article: a list of companies affected by the rulings include Cheniere Energy Incorporated, ONEOK Incorporated, Crestwood Equity Partners L.P., Chesapeake Energy Corporation, and Williams Companies Incorporated.
Read the full article, here.
Edited from source by Stephanie Roker
Read the article online at: https://www.worldpipelines.com/business-news/15042016/low-crude-prices-may-swamp-pipelines/