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TC Energy, Williams Companies: Your Daily Energy News

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Released on Monday, May 04, 2020
News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

PIPELINES
Williams' Hillabee Phase 2 Expansion Begins Service
- Williams Companies (NYSE:WMB) announced that that its Phase 2 Hillabee expansion on its Transco pipeline system in Alabama has begun service. (Projects 300149152, 300149134, 300148991)

Keystone XL Could be Delayed by a Year Because of Court Ruling - TC Energy Corporation (NYSE:TRP) could face up to a one-year delay building the Keystone XL oil pipeline after a U.S. legal setback, and is looking at options to keep work progressing, a company executive said on Friday. A U.S. court on April 15 ruled against the U.S. Army Corps of Engineers' use of a permit that allows new energy pipelines to cross water bodies, in the latest setback to Keystone XL. The ruling does not affect current work on a span of the $8 billion pipeline across the Canada-U.S. border, but it raises questions about securing water-crossing permits for the rest of the route. Click here for a list of related projects. (Reuters)

PRODUCTION
U.S. Oil Drillers Cut Rigs for Seventh Week in a Row
- U.S. drillers cut 53 oil rigs in the week ending May 1, bringing the total count down to 325, the lowest since June 2016. (Reuters)

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About Industrial Info
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
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