Bankruptcy Ruling May Affect Legal Scuffles Between Producers and Pipelines
SUGAR LAND--April 14, 2016--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Persistently low crude-oil prices may soon swamp Oil & Gas Pipelines as they have for Producers and Oilfield service companies. Bankrupt producers have asked courts to void contracts signed with pipelines, and the courts are agreeing, though their rulings have been narrow. Within this article: Lists companies affected by the rulings, including Cheniere Energy Incorporated (NYSE:LNG), ONEOK Incorporated (NYSE:OKE), Crestwood Equity Partners L.P., Chesapeake Energy Corporation (NYSE:CHK) and Williams Companies Incorporated (NYSE:WMB).
