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Energy Transfer Equity is buying pipeline operator The Williams Cos. for approximately $32.61 billion. The companies said Monday that the combination creates one of the five biggest energy companies in the world. Energy Transfer Equity LP will pay $43.50 per share, a 4.6 percent premium to Williams‘ Friday closing price of $41.60. Williams’ shareholders can choose shares of Energy Transfer Equity affiliate Energy Transfer Corp., cash or a combination of both. The companies ...

    Columbia Pipeline Group (CPG) has received notification that the US Federal Energy Regulatory Commission (FERC) has approved construction of the Cameron Access Project in southwest Louisiana by its subsidiary Columbia Gulf Transmission LLC. The Cameron Access Project includes improvements to Columbia Gulf’s existing pipeline system, as well as ancillary facilities; a new compressor station near Lake Arthur, Louisiana, and the installation of a 26-mile greenfield pipeline lateral in Cameron Parish that provides direct access to ...

Saudi Arabia and Bahrain have signed contracts worth around $300 million to lay a new 350,000-barrel per day (bpd) oil pipeline between the two countries, with the link due to be operational in 2018, Bahrain’s Energy Minister said on Thursday. Bahrain relies on output from the Abu Safa oil field that it shares with Saudi Arabia for the vast majority of its oil and the new pipeline will replace an ageing 230,000 bpd link and enable ...

France’s Total, an investor in Ugandan oilfields, said it is considering a pipeline through Tanzania as a possible way to export Ugandan oil, challenging Uganda’s proposal of a Kenyan route which has raised some security concerns. Kenya and Uganda last month announced a decision to link Uganda to Kenyan oil finds and then to Kenya’s north Lamu coast, a move that had been seen as helping oil firms make their investment decisions. Experts say that linking Kenyan and ...

Russian energy giant Gazprom is delaying the implementation of the Turkish Stream gas pipeline, initially scheduled for late 2016, the company’s deputy chairman Alexander Medvedev said monday. Turkish Stream gas pipeline construction was expected to begin in June, but the governments of Russia and Turkey have not yet signed a formal agreement.

A long-rumored gas pipline to Gaza got a go-ahead Thursday, as Qatar’s Chairman of the Committee to Rehabilitate Gaza, Mohammed al-Amadi, said that a deal to build the pipeline to bring gas from Mediterranean fields to Gaza had been finalized. The plan is awaiting Israel’s approval. Israel has not opposed the discussions between Qatar and the Palestinian Authority. The project was first announced last June when Hamas deputy politburo chief Ismail Haniyeh said that Israel had agreed to providing ...

Alarmed over increasing threats from the well-organised gangs of oil thieves, the Indian Oil Corporation (IOC), nation