SEC disclosure rule seen hurting US firms

New requirements for project-level disclosure of financial payments to governments put US oil and gas companies working abroad at a competitive disadvantage, an industry representative warned. Source: News


Energy Transfer declares Williams deal dead

Energy Transfer Equity LP (ETE), Dallas, declared the death of its merger agreement with Williams Cos. Inc., Tulsa, after Williams shareholders approved the deal. Source: News


MARKET WATCH: NYMEX crude oil prices regain more than $1.50/bbl

The light, sweet oil prices for August and September delivery each climbed more than $1.50/bbl on June 28 as traders and analysts switched their focus to world crude oil supplies after having fretted for the previous three sessions about the aftermath of the UK’s vote to leave the European Union. Source: News


Fire shutters Mississippi gas plant

Enterprise Products Partners LP (EPP) is investigating the cause of a fire that broke out overnight on June 27 at its 1.5-bcfd natural gas processing plant in Pascagoula, Miss. Source: News