Midstream & Transport Monitor - April 29, 2016

The New York State Department of Environmental Conservation (DEC) denied Williams Partners LP’s proposed 124-mile Constitution Pipeline approval, stating the project failed to meet the state’s water quality standards. In other news, proving that bigger is not necessarily better, tanker companies are beginning to place an emphasis on lower costs of operation. Also, when it comes to restructuring one expert says companies will need to pick their poison when deciding how to proceed. But companies in need of debt restructuring have some strategies available, said Ron E. Meisler, partner, Skadden Arps, at a recent event hosted by Davis, Graham and Stubbs LLC.