January 16, 2017

From Reuters: A Native American tribe in Wisconsin has voted against renewing agreements allowing Enbridge Inc to use their land for a major crude oil pipeline, the latest sign of increasing opposition to North American energy infrastructure. The Bad River Band decided not to renew easements on Enbridge’s Line 5 pipeline last week because of concerns about the risk of

From Energy Transfer Partners: Energy Transfer Partners, L.P. (NYSE: ETP) today announced the pricing of $600 million aggregate principal amount of its 4.20% senior notes due 2027 and $900 million aggregate principal amount of its 5.30% senior notes due 2047, at a price to the public of 99.786% and 99.483%, respectively, of their face value. The sale of the senior

From Bloomberg: Potential delays looming over three major U.S. natural gas pipeline projects are threatening to sour a popular wager on the fuel. Gas for delivery in April 2018 is trading at a steep discount to the March contract, signaling that traders anticipate ample supplies at the end of next winter. The spread, known as the “widow maker” for its

From Memorial Production Partners: Memorial Production Partners LP (NASDAQ:MEMP) (“MEMP” or “the Partnership”) today announced that it has entered into a Plan Support Agreement (“PSA”) with holders of 50.2% of the Partnership’s 7.625% senior notes due 2021 and the Partnership’s 6.875% senior notes due 2022 (collectively, the “Notes”), and has reached an agreement-in-principle with the agent under its revolving credit

From HollyFrontier Corporation: HollyFrontier Corporation (NYSE: HFC) (“HollyFrontier”) and Holly Energy Partners, L.P. (NYSE: HEP) (“Holly Energy”) announced changes to senior management relating to HollyFrontier’s pending acquisition of Suncor Energy’s Petro-Canada Lubricants business (“PCLI”). The PCLI plant, located in Mississauga, Ontario, is the largest producer of base oils in Canada with 15,600 barrels per day of lubricant production capacity, and is

From Williams: -Williams (NYSE: WMB) (“Williams”) today announced the closing of its previously announced public offering of 65 million shares of Williams common stock at $29.00 per share. Williams has granted the underwriters a 30-day option, effective from January 9, 2017, to purchase up to an additional 9.75 million shares of common stock. Williams used the net proceeds of the