Low crude prices may swamp pipelines
Published by Stephanie Roker,
Editor
World Pipelines,
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/
You might also like
World Pipelines Podcast: Working shoulder to shoulder, with TDW
In this episode, Elizabeth Corner speaks to Matt Romney, Product Line Director for Pipeline Integrity, T.D. Williamson, about TDW's perspective on the benefits of working with pipeline membership organisations.
B.C. First Nations to acquire an equity interest in Enbridge’s Westcoast Pipeline System
Stonlasec8 has also reached an agreement with Canada Indigenous Loan Guarantee Corporation (CILGC), a subsidiary of Canada Development Investment Corporation (CDEV), on a CAN$400 million loan guarantee to support the transaction.
