Williams (NYSE: WMB) received a Platts 2015 Global Energy Award in New
York last night for its industry leadership in the midstream sector. The
award recognizes Williams for executing on its strategy to connect the
best natural gas supplies to the best markets while helping break new
ground in such areas as technology, operational excellence and methane
The award was open to all companies storing, transporting or
facilitating trade of energy; operators such as railways, tankers,
storage, LNG terminals and oil, gas and NGL pipelines. With constantly
changing political terrain, volatile commodity prices and uncertain
consumer markets, Platts said Williams best demonstrated adaptation to
multiple sectors, industry-leading agility and a proven resolve to
"What’s important about this award is that it’s not just about one area
where we’ve excelled,” said Williams’ Chief Executive Officer Alan
Armstrong. “It’s about a whole body of work we’ve completed to move our
company and the entire industry forward. We simply could not have done
it without our employees who go to work each day committed to helping
deliver our nation’s low-cost energy supplies in the safest manner
Highlights of Williams’ accomplishments since 2012 include:
Executing on a strategic plan to become the No. 1 provider of natural
gas midstream infrastructure in North America by connecting the best
supplies to the best markets through acquisitions and organic growth.
Investing more than $18 billion in infrastructure growth projects and
asset purchases to serve growing demand for natural gas. Commissioning
several complex, world-class infrastructure projects ranging from New
York City to deepwater Gulf of Mexico.
Sponsoring landmark Environmental Defense Fund research published in
2015 to better quantify the midstream sector’s contribution to methane
Providing significant environmental benefits and oil and gas upgrading
services in the Canadian oil sands with the only processor of oil
sands upgrader olefinic offgas in the world.
Leveraging best practices and institutional knowledge across all
Williams’ assets to ensure the company sets the standard for
operational excellence including safety, reliability and integrity.
Finalists for the Global Energy Awards were chosen from more than 200
nominations, based on their performance for each category's criteria
within the designated time frame. The independent panel of judges
includes former regulators, past heads of major energy companies,
leading academics and international energy experts.
The Global Energy Awards have been held every year since 1999. The
competition is sponsored by Platts – a division of The McGraw-Hill
Companies that publishes information about worldwide energy markets and
news. For more information about the awards visit http://geaweb.platts.com/Home.
Williams (NYSE: WMB) is a premier provider of large-scale infrastructure
connecting North American natural gas and natural gas products to
growing demand for cleaner fuel and feedstocks. Headquartered in Tulsa,
Okla., Williams owns approximately 60 percent of Williams Partners L.P.
(NYSE: WPZ), including all of the 2 percent general-partner interest.
Williams Partners is an industry-leading, large-cap master limited
partnership with operations across the natural gas value chain from
gathering, processing and interstate transportation of natural gas and
natural gas liquids to petchem production of ethylene, propylene and
other olefins. With major positions in top U.S. supply basins and also
in Canada, Williams Partners owns and operates more than 33,000 miles of
pipelines system wide – including the nation’s largest volume and
fastest growing pipeline – providing natural gas for clean-power
generation, heating and industrial use. Williams Partners’ operations
touch approximately 30 percent of U.S. natural gas. www.williams.com
Portions of this document may constitute “forward-looking statements”
as defined by federal law. Although the company believes any such
statements are based on reasonable assumptions, there is no assurance
that actual outcomes will not be materially different. Any such
statements are made in reliance on the “safe harbor” protections
provided under the Private Securities Reform Act of 1995. Additional
information about issues that could lead to material changes in
performance is contained in the company’s annual reports filed with the
Securities and Exchange Commission.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151210006314/en/
Copyright Business Wire 2015
Source: Business Wire
(December 10, 2015 - 2:28 PM EST)
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