Pipeline operator Energy Transfer Partners (NYSE: ETP) is considering a partial shift to a C-corp from MLP, its CEO said on March 7, a move that rivals have made to simplify their corporate structures.
Kelcy Warren, the company’s CEO, said in response to a question at the CERAWeek by IHS Markit energy conference, “we’re certainly exploring at least a partial movement in that direction.” Rivals Williams Cos. and Kinder Morgan both have made the move to simplify their corporate structures and lower their cost of capital for new projects.
2023-08-04 - A panel meeting of the top ministers of OPEC+ has kept oil output policy unchanged on Aug. 4, two OPEC+ sources said. The panel, called the Joint Ministerial Monitoring Committee, includes ministers from the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, known as OPEC+. "Nothing new," one of the sources said.
2023-09-07 - All LNG output from the Woodfibre LNG export facility is now committed for sale to BP.
2023-07-18 - Oil and gas production is slated to fall in regions across the nation in August, including the Permian Basin, according to new EIA figures.
2023-07-13 - U.S. natural gas prices are expected to get a lift later this year while WTI crude prices stay relatively flat, according to the latest outlook by the U.S. Energy Information Administration.
2023-09-11 - Get ready for a Gulf Coast gas boom. Answering the call isn’t going to be the Marcellus, which is constrained, said Chesapeake Energy Corp. CEO Nick Dell’Osso.