Midstream & Transport Monitor - April 8, 2016
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The already complicated relationship between Energy Transfer Equity LP and Williams Cos. Inc. is headed to counseling—the legal kind. The two companies, which are engaged in a nearly $38 billion merger, will now square off in the courts after Williams said April 6 that Energy Transfer and the company’s CEO, Kelcy Warren, violated terms with an equity sale made in March. Meanwhile, Adam Sieminski, head of the federal Energy Information Administration told the University of Oklahoma, Price College of Business Energy Institute annual Energy Symposium that “the end of fossil fuels is not on the horizon."