Page 16 - NorthAmOil week 23

NorthAmOil
NEWS IN BRIEF
NorthAmOil
e repurchase programme does not obligate the company to repurchase any speci c dollar amount or number of
shares, and may be suspended, modi ed or discontinued by the Board of Directors at any time, in its sole discretion and without notice. HI-CRUSH, June 10, 2019
Williams highlights focus on corporate responsibility and sustainability; announces membership in ONE Future
Highlighting its focus on corporate responsibility and sustainability, Williams today announced that it has joined Our Nation’s Energy Future Coalition, a natural gas industry-led organisation dedicated to
voluntarily achieving meaningful reductions in methane emissions across the natural gas value chain.
“Williams is proud to partner with ONE Future and the other member companies in demonstrating our ongoing commitment
to environmental responsibility,” said Alan Armstrong, Williams’ president and chief executive o cer. “As an industry leader that handles approximately 30% of the nation’s natural gas, Williams supports e ective, voluntary programmes to reduce emissions.”
Williams continues to make strides in reducing greenhouse gas emissions from its operations. Since 2012, reported methane emissions from Williams’ gas processing plants and transmission compressor stations have been reduced by more than 53%, even while increasing throughput at these facilities by 21%. As a Natural Gas STAR Program member since its inception in 1993, Williams successfully implemented and reported pressure-reduction using recompression
to lower gas-line pressure before pipeline maintenance. In 2018, this recompression program resulted in a reduction of pipeline blowdown greenhouse gas emissions by 83.5% at Williams. Additionally, in August 2018, Williams and other members of the Interstate Natural Gas Association of America made
a commitment to continuously minimise methane emissions from interstate natural gas transmission and storage operations.
“Williams is a strong addition to our coalition,” said Richard Hyde, executive director, ONE Future. “ eir proven dedication to environmental stewardship should provide good thought leadership
for the organisation’s growth as we work to identify new methods for reducing methane emissions.”
Williams is the 17th company to join ONE Future since the organisation began in 2014. WILLIAMS, June 11, 2019
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Week 23 13•June•2019