Transco

DT Midstream Completes Phase 1 LEAP Expansion

Retrieved on: 
Wednesday, August 30, 2023
DTM, LEAP, Haynesville, Transco, GoldenPass Line, NYSE, Natural gas, LNG

DETROIT, Aug. 30, 2023 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) announced today the early commissioning of its LEAP phase 1 expansion, increasing its capacity from 1.0 Bcf/d to 1.3 Bcf/d, ahead of its planned Q4 2023 in service date and on budget.

Key Points: 
  • DETROIT, Aug. 30, 2023 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) announced today the early commissioning of its LEAP phase 1 expansion, increasing its capacity from 1.0 Bcf/d to 1.3 Bcf/d, ahead of its planned Q4 2023 in service date and on budget.
  • The pipeline’s phase 2 and phase 3 expansions remain on track for in-service dates of Q1 2024 and Q3 2024, respectively.
  • The multi-phased project will bring LEAP’s total capacity to 1.9 Bcf/d and provide scalability for further expansions up to 3 Bcf/d.
  • David Slater, DT Midstream President and CEO, stated, “The LEAP expansion project’s early in-service is a key first step in providing our customers ‘wellhead to water’ access to premium LNG markets.

Fortis Inc. Releases Second Quarter 2023 Results and Sustainability Update Report

Retrieved on: 
Wednesday, August 2, 2023
Acceleration, ACC, Partnership, BCUC, Midcontinent Independent System Operator, TEP, Arizona Corporation Commission, Electricity, Fortis, New York Power Authority, Income tax, Transco, Woman, GHG, GAAP, Smart meter, Wind, Inflation, Tucson Electric Power, Fortis Inc., Corporation, Investment, Natural gas, DEI, Climate, Growth, Inflation Reduction Act of 2022, Transport, ROE, Non-U.S. operators of the M60 Patton, Safety, Renewable energy, Construction, Cryptocurrency, Central Hudson

In May 2023, FortisBC Energy received approval from the British Columbia Utilities Commission ("BCUC") for its Advanced Metering Infrastructure project.

Key Points: 
  • In May 2023, FortisBC Energy received approval from the British Columbia Utilities Commission ("BCUC") for its Advanced Metering Infrastructure project.
  • The project is expected to commence in the second half of 2023.
  • FortisBC Energy also received approval from the BCUC in May 2023 for amended transportation rate schedules for the Eagle Mountain Woodfibre Gas Line project.
  • The Corporation released its 2023 Sustainability Update Report today, which summarizes recent progress and includes key performance indicators for 2022.

Williams Executes Agreements with Chevron to Facilitate Natural Gas Production Growth in Haynesville and Deepwater Gulf of Mexico

Retrieved on: 
Friday, February 17, 2023
Other Natural Resources, Other Energy, Utilities, Oil, Gas, Energy, Natural Resources, Natural gas, Transco, Human, Transport, NYSE, Gulf Coast of the United States, Carbon, Lingle v. Chevron U.S.A. Inc., LNG, Blind Faith, LEG, Chevron, WMB, Petroleum, Gulf of Mexico, Ballymore

Williams (NYSE: WMB) today announced that it has executed agreements with Chevron U.S.A. Inc. to support natural gas development in the prolific Haynesville Basin as well as the deepwater Gulf of Mexico.

Key Points: 
  • Williams (NYSE: WMB) today announced that it has executed agreements with Chevron U.S.A. Inc. to support natural gas development in the prolific Haynesville Basin as well as the deepwater Gulf of Mexico.
  • Williams will provide natural gas gathering services to Chevron’s 26,000-acre Haynesville dedication while Chevron has agreed to a long-term capacity commitment on Williams’ Louisiana Energy Gateway (LEG) project.
  • Additionally, Williams has agreed to use existing infrastructure to serve increased production from the Blind Faith platform, located 160 miles southeast of New Orleans in the Gulf of Mexico.
  • Using existing connections to Blind Faith, Williams will provide offshore natural gas gathering and crude oil transportation services as well as onshore natural gas processing services for the production.

Williams Outpaces Industry Across Key Sustainability Rankings in 2022

Retrieved on: 
Tuesday, December 20, 2022
Oil, Gas, Alternative Energy, Energy, Environment, Sustainability, CDP, Social Security Government Pension Offset, Sustainalytics, Climate change, Disclosure, Heat, NYSE, Western Refining, Natural gas, CSA, Transport, Dow Jones Sustainability Indices, Marketing, MSCI, Biophysical environment, Pipeline, Transco, WMB, BBB, ESG, Sustainability reporting, Social, DJSI, Renewable energy, Petroleum, Oil

Williams (NYSE: WMB) was once again recognized across several key rankings in 2022 – including CDP, Dow Jones Sustainability Index (DJSI), Sustainalytics and MSCI – for the company’s commitment to transparency and governance around climate change and other ESG topics.

Key Points: 
  • Williams (NYSE: WMB) was once again recognized across several key rankings in 2022 – including CDP, Dow Jones Sustainability Index (DJSI), Sustainalytics and MSCI – for the company’s commitment to transparency and governance around climate change and other ESG topics.
  • CDP, another widely recognized disclosure and scoring process, gave Williams a ‘B’ score for its commitment to transparency around climate change.
  • This is the third year Williams participated in the full disclosure and scoring process through the CDP Climate Change Questionnaire.
  • MSCI: Williams maintained a BBB rating, illustrating its ongoing emphasis on ESG developments, as of December 15, 2022.

Williams to Acquire MountainWest Natural Gas Transmission and Storage Business from Southwest Gas Holdings, Inc.

Retrieved on: 
Thursday, December 15, 2022
Energy, Utilities, Oil, Gas, Security (finance), Lazard, TD, Wardwell, Transport, Morrison & Foerster, J. P. Morgan, Transco, Hart–Scott–Rodino Antitrust Improvements Act, Heat, Southwest Gas, Rocky Mountains, WMB, Natural gas, Electric Bond and Share Company v. Securities and Exchange Commission, NYSE, EBITDA, MountainWest Sports Network, TD Securities, Acquisition, Oil

MountainWest comprises roughly 2,000-miles of interstate natural gas pipeline systems primarily located across Utah, Wyoming and Colorado, totaling approximately 8 Bcf/d of transmission capacity.

Key Points: 
  • MountainWest comprises roughly 2,000-miles of interstate natural gas pipeline systems primarily located across Utah, Wyoming and Colorado, totaling approximately 8 Bcf/d of transmission capacity.
  • Our natural gas focused strategy is anchored in having the right assets in the right places to serve our nations growing demand for clean, affordable and abundant natural gas.
  • Headquartered in Tulsa, Oklahoma, Williams is an industry-leading, investment grade C-Corp with operations across the natural gas value chain including gathering, processing, interstate transportation and storage of natural gas and natural gas liquids.
  • Southwest Gas Corporation, a wholly owned subsidiary, safely and reliably delivers natural gas to over two million customers in Arizona, California and Nevada.

Williams Executes Agreements with Coterra and Dominion Energy for Delivery of Full-Value Chain Certified Low Emission Next Gen Gas

Retrieved on: 
Thursday, December 8, 2022
Oil, Gas, Alternative Energy, Energy, Environment, Sustainability, Quantification, Transco, Heat, ESG, Dominion Energy, Natural gas, Transactive energy, First Nations in Ontario, LLP, United Nations, KPMG LLP, Partnership, WMB, NYSE, Global warming potential, Senior, Growth, Context, Machine learning, Carbon, Electricity, Security (finance), MIT, Weather, Sustainable development, Internet, KPMG, Marketing, Environmental Defense Fund, Certification, Aggregation, Transport, Veritas, Research, Climate and Clean Air Coalition to Reduce Short-Lived Climate Pollutants, Climate, Context Labs, Artificial intelligence, Oil, Renewable energy, Cryptocurrency, LNG

KPMG LLP will perform third-party verification of the methane intensity certification and low-emission attributes of next gen natural gas.

Key Points: 
  • KPMG LLP will perform third-party verification of the methane intensity certification and low-emission attributes of next gen natural gas.
  • Our partnership with Williams and Coterra is another important step in reducing emissions across the entire natural gas value chain, said Cedric Green, Senior Vice President of Power Generation for Dominion Energy Virginia.
  • Certified, low-emissions natural gas is a vital part of achieving our goal of net zero greenhouse gas emissions by 2050.
  • The delivery of next gen natural gas highlights the low-carbon benefits of Coterras production in northeast Pennsylvania and Williams gathering and transmission operations to provide a differentiated low-emission gas product for Dominion Energy Virginia.

LongPath Technologies Raises $22 Million Series A to Meet Accelerating Demand for its Patented Methane Monitoring Network

Retrieved on: 
Monday, December 5, 2022
EPA, Mining, BGV, CVC, CU, Transport, GHG, Corporate venture capital, Transco, Gold, Heat, Radar, Partnership, University of Colorado Law School, WMB, Natural gas, Agriculture, NYSE, Nobel Prize, Waste management, Investment, White Deer Creek, Methane, Colorado Department of Regulatory Agencies, Multimedia, Public health, Environment, University, ACDC, Marketing, White Deer, Patent, Alternative, Renewable energy, Cryptocurrency, Financial services, University of Colorado Boulder

BOULDER, Colo., Dec. 5, 2022 /PRNewswire/ -- LongPath Technologies, a leading provider of patented continuous emissions detection and quantification technology, has raised $22 million in Series A funding.

Key Points: 
  • BOULDER, Colo., Dec. 5, 2022 /PRNewswire/ -- LongPath Technologies, a leading provider of patented continuous emissions detection and quantification technology, has raised $22 million in Series A funding.
  • LongPath Technologies is a leading provider of scalable technology to continuously monitor and quantify methane emissions.
  • LongPath is the solution of choice to meet the urgent need for cost-effective emissions monitoring in the oil and gas industry.
  • The Series A raise builds on LongPath's technological and commercial successes, and positions LongPath to meet accelerating demand from its blue-chip customer base to address a critical global priority.

Williams Enters Heads of Agreement with Sempra Infrastructure to Integrate LNG Value Chain Capabilities

Retrieved on: 
Tuesday, November 15, 2022
Oil, Gas, Alternative Energy, Energy, Other Construction & Property, Construction & Property, Natural gas, Marketing, Carbon, BMV, Engineering, WMB, Electric Bond and Share Company v. Securities and Exchange Commission, NYSE, Context Labs, Social responsibility, LEG, Security (finance), Transport, Heat, Gulf Coast of the United States, Transco, Oil, Renewable energy, HOA, Sempra Energy, LNG

These proposed transactions complement Williams recently sanctioned low-carbon Louisiana Energy Gateway (LEG) gathering project and are expected to include connections to pipelines serving Sempra Infrastructures LNG export facilities.

Key Points: 
  • These proposed transactions complement Williams recently sanctioned low-carbon Louisiana Energy Gateway (LEG) gathering project and are expected to include connections to pipelines serving Sempra Infrastructures LNG export facilities.
  • Williams is pleased to pursue this strategic transaction with Sempra Infrastructure.
  • Coupling our strengths in the midstream infrastructure space will allow us to provide unrivaled access to international markets for our producing customers.
  • Williams is also exploring the enhancement of the LEG project with the addition of carbon capture and storage infrastructure that will further decarbonize the natural gas value chain.

Williams Announces Quarterly Cash Dividend

Retrieved on: 
Tuesday, October 25, 2022
Oil, Gas, Energy, U.S. Securities and Exchange Commission, NYSE, Marketing, WMB, Heat, Transport, Security (finance), Transco, Natural gas, View, Holding company, Oil

This is a 3.7% increase from Williams fourth-quarter 2021 quarterly dividend of $0.41 per share, paid in December 2021.

Key Points: 
  • This is a 3.7% increase from Williams fourth-quarter 2021 quarterly dividend of $0.41 per share, paid in December 2021.
  • Additional information regarding return of capital distributions is available at Williams investor relations website .
  • Williams has paid a common stock dividend every quarter since 1974.
  • With major positions in top U.S. supply basins, Williams connects the best supplies with the growing demand for clean energy.

Williams Advances Clean Hydrogen Commercialization Strategy; Joins Forces with Developer of Distributed Generation Energy Assets

Retrieved on: 
Tuesday, October 18, 2022
Oil, Gas, Alternative Energy, Energy, Other Construction & Property, Construction & Property, Hydrogen, Inflation, Electric Bond and Share Company v. Securities and Exchange Commission, Time, World energy consumption, Development, MOU, Transport, Natural gas, NYSE, New York State Energy Research and Development Authority, Sanki Daroga, AEF, Carbon, Research, Security (finance), Transco, Pacific Northwest, Senior, Partnership, University, Marketing, WMB, NYSERDA, Heat, View, Oil

Williams (NYSE: WMB) today announced progress on its clean hydrogen commercialization strategy with a recently signed memorandum of understanding (MOU) with Daroga Power, a New York-based investor and developer of distributed generation energy assets including hydrogen fuel cells and solar power generation.

Key Points: 
  • Williams (NYSE: WMB) today announced progress on its clean hydrogen commercialization strategy with a recently signed memorandum of understanding (MOU) with Daroga Power, a New York-based investor and developer of distributed generation energy assets including hydrogen fuel cells and solar power generation.
  • Williams and Daroga are working to identify long-term, end-use customers for clean hydrogen as well as offtake options for environmental attributes generated by hydrogen production in Wyoming.
  • Williams is currently working with the University of Wyomings School of Energy Resources to evaluate hydrogen production as well as the impacts of hydrogen blending on existing energy infrastructure in Wyoming.
  • Beyond Wyoming, Williams has joined several recently launched industry-led regional alliances including Appalachian Energy Future (AEF) and Appalachian Regional Clean Hydrogen Hub, or Arch2.