Besides delivering domestic, abundant natural gas, Williams’ Atlantic Sunrise project will also deliver direct economic benefits to thousands of construction laborers tasked with installing the nearly $3 billion energy infrastructure project. That was the message delivered by Mike Atchie, Williams Partners’ manager of public outreach, speaking at the Laborers International Union of North America (LiUNA)’s […]

07/12/2018

The Williams Companies, Inc. (NYSE: WMB) (“Williams”) and Williams Partners L.P. (NYSE: WPZ) (“Williams Partners”) today announced that, in connection with the previously announced merger transaction between Williams and Williams Partners (the “Merger”), the registration statement on Form S-4 (the “Registration Statement”) has been declared “effective” by the U.S. Securities and Exchange Commission (“SEC”). Williams […]

Former assistant administrator of the U.S. Environmental Protection Agency, J. Winston Porter, penned a recent op-ed for PennLive providing a road map for energy independence in Pennsylvania while stressing the importance of achieving the right energy mix. According to Porter, the right electrical energy mix during the next 20-30 years should be: natural gas 45 […]

06/09/2016

The Williams Companies, Inc. (NYSE: WMB) (“WMB” or “Williams”) today announced that the U.S. Federal Trade Commission (“FTC”) has cleared Energy Transfer Equity, L.P.’s (NYSE: ETE) (“ETE”) proposed acquisition of WMB. The FTC’s clearance is subject to certain conditions which ETE and WMB have agreed to undertake, to be satisfied following a closing of ETE’s […]

06/17/2016

Reaches Settlement on Stockholder Litigation The Williams Companies, Inc. (NYSE:WMB) (“Williams”) today announced that, in connection with settling litigation by a Williams stockholder, it has agreed to file an amended disclosure to its proxy statement in connection with the merger agreement with Energy Transfer Equity, L.P. (NYSE:ETE) (“ETE”). The amended disclosure states the following: ETE’s […]

06/17/2016

Dividend Contingent upon Closing of the Merger The Williams Companies, Inc. (NYSE:WMB) (“Williams”) today announced that its Board of Directors has declared a special dividend in the amount of $0.10 per share of Williams common stock, pursuant to the terms of the merger agreement between Williams and Energy Transfer Equity, L.P. (NYSE:ETE) (“ETE”). The special […]

06/27/2016

The Williams Companies, Inc. (NYSE: WMB) (“Williams”) today announced the preliminary results of the elections made by its stockholders as to the form of merger consideration they wish to receive in connection with Energy Transfer Equity, L.P.’s (“ETE”) pending acquisition of Williams. As previously announced, the cash and stock elections will be subject to proration […]

06/08/2016

The Williams Companies, Inc. (NYSE: WMB) (“Williams”) today announced that its Board of Directors has approved a regular dividend of $0.64 on Williams’ common stock, payable June 27, 2016 to holders of record at the close of business June 20, 2016. The second quarter 2016 dividend is unchanged from the first quarter. Williams remains committed […]

Recently, Williams filed an application with the Federal Energy Regulatory Commission (FERC) seeking authorization to construct a 475,000 dekatherm per day (Dth/d) expansion in Texas and Louisiana to connect U.S. natural gas supplies with global liquefied natural gas (LNG) markets. Constructed in two phases, the Gulf Connector Project is designed to deliver 75,000 Dth/d to Freeport […]

06/06/2016

Election Deadline Set For 5:00 p.m., Eastern Daylight Time, on June 24, 2016 The Williams Companies, Inc. (NYSE: WMB) (“Williams”) today announced that, in connection with Energy Transfer Equity, L.P. (“ETE”)’s pending acquisition of Williams, the election deadline for Williams stockholders to elect the form of consideration they wish to receive in the merger, subject […]

06/29/2016

Williams Will Seek Damages Against ETE The Williams Companies, Inc. (NYSE: WMB) (“Williams”) today confirmed that Energy Transfer Equity, L.P. (NYSE: ETE) (“ETE”) has provided notice that it is attempting to terminate the Merger Agreement based on an alleged failure to satisfy the closing condition requiring delivery of a Section 721(a) tax opinion from Latham […]

06/27/2016

The Williams Companies, Inc. (NYSE:WMB) (“Williams”) stockholders today voted to approve the previously announced merger agreement with Energy Transfer Equity, L.P. (NYSE:ETE) (“ETE”) and the transactions contemplated thereby, including the merger of Williams into Energy Transfer Corp LP (“ETC”), an affiliate of ETE. At the Special Meeting today, 477,466,993 shares or more than 80 percent […]