Business Leader Energy Oil And Gas

Kelcy Warren

Kelcy Warren rose to prominence in the natural gas industry in the 1980s. Based in Fort Worth, Texas, he and his company Energy Transfer are responsible for major pipeline projects across the country, including the controversial Dakota Access Pipeline (DAPL) that connects oil production regions in North and South Dakota to Illinois and Texas.

In a 2016 report on DAPL published by The Intercept following a Freedom of Information Act request, it came to light that “the U.S. Army Corps of Engineers granted the pipeline company a waiver in June 2014 to build its portion of the pipeline under Lake Oahe, even though it had not conducted an environmental review and had not been approved by the Federal Energy Regulatory Commission – essentially allowing Energy Transfer’s preferred route.”

Kelcy Warren amassed his fortune through a series of corporate mergers that have created one of the world’s largest privately owned natural gas corporations. As an active corporate player in the natural gas industry, one of Kelcy Warren’s key achievements was the construction of a $1.4 billion pipeline and compressor station at Wood River Junction in Illinois. The project, completed on time and within budget, allowed Energy Transfer to cut prices for natural gas to customers across the region.

In 2011, Warren’s Energy Transfer purchased a group of energy assets from the Williams Companies in a deal valued at $48 billion, creating one of the nation’s largest energy infrastructure companies. In 2014, Energy Transfer merged with Sunoco to create an enterprise valued at $73 billion. The company, headquartered in Dallas, Texas, subsequently expanded its reach into Canada and is now one of North America’s leading energy infrastructure companies operating approximately 92,500 miles of natural gas and natural gas liquids pipelines in the United States and Canada.

Kelcy Warren has been an activist for environmental protection and renewable energy, serving on the board of directors for the National Association of Regulatory Utility Commissioners. Additionally, Warren serves on the board of directors of the Dallas chapter of the Building Industry Association and is chairman or a member of several oil and gas conservation organizations, including the Texas Oil Shale Council and the Future Energy Jobs Task Force.

See this article for additional information.

 

More about Kelcy Warren on https://ir.energytransfer.com/board-member/kelcy-warren