In the unusually complex oil market of the present, producers might profitably expect prices to swoon soon and hope events prove them wrong.

A unit of Williams Partners LP has initiated a binding open season Mar. 4-26 for expansion of its Transco natural gas pipeline, providing incremental firm gas transportation capacity from the Marcellus shale to markets in New York and New Jersey.

Pluspetrol Peru Corp. SA, operator of Peru’s Camisea natural gas project, has hired CB&I, Houston, to supply a cryogenic natural gas processing plant in Malvinas as part of an expansion of the project.

The UK government has awarded a license to Gateway Storage Co. for construction of a ₤600 million subsea gas storage facility.

Energy Transfer Partners LP announced a 400 MMcfd expansion of its planned Tiger Pipeline as well as plans to hold a binding open season later this month to solicit additional shipper interest.

A federal district judge in Houston sentenced two former Willbros International Inc. officials to federal prison terms and fines for their roles in a $6 million scheme to bribe Nigerian government and political party officials.

The International Court of Arbitration of the International Chamber of Commerce has awarded KBR Inc. subsidiary Corporacion Mexicana De Mantenimiento Integral, S De RL De CV (Commisa) more than $350 million in damages, fees, expenses, and interest against Pemex Exploration & Production (PEP), a unit of Mexico’s Petroleos Mexicanos.

The Nord Stream AG consortium said it will commission Sumitomo Group, Europipe GMBH, and United Metallurgical Co. (OMK) to supply 1 million tons of steel pipe for construction of the second pipeline of the Nord Stream project.

Hyundai Engineering Co. Ltd. let a contract to Jacobs Engineering Group Inc. for license and design of its proprietary Superclaus technology for a desulfurization unit at a gas plant to be built in Turkmenistan.