Williams’ EnergyNewsLive.com expands with opening of Houston bureau

HOUSTON, Feb. 12, 2001 (PRNewswire) à‚– Williams’ (NYSE: WMB) EnergyNewsLive.com, a real-time energy news and information network, today expanded its operations with the opening of a news bureau and studio in Houston.

EnergyNewsLive.com delivers energy news and information around the clock via the Internet. The site features a live, broadcast-quality, streaming- video, energy-focused newscast at the top of every hour during the business day, originating from its home studio on the energy trading floor at Williams’ Tulsa, Okla., headquarters. EnergyNewLive.com also operates bureaus in Washington and New York City.

“The new Houston bureau strengthens our commitment for EnergyNewsLive.com to provide our customers and other energy industry decision-makers with valuable, timely and in-depth energy information,” says Keith Bailey, Williams’ chairman, president and CEO. “Houston is where much of the news about the energy industry originates; it’s a logical step as EnergyNewsLive.com grows to step up our accessibility to the newsmakers here.”

The opening of the Houston news bureau coincides with CERA Week 2001, an international gathering of energy-industry executives. EnergyNewsLive.com is the official online news provider for the Feb. 11-16 Houston conference organized by Cambridge Energy Research Associates. The EnergyNewsLive.com news team will report live from the conference at the Westin Galleria Hotel throughout the week.

Live programming on EnergyNewsLive.com features expert commentary from energy opinion leaders, executives, policymakers and Wall Street analysts. Since its debut on Oct. 23 last year, EnergyNewsLive.com has featured hundreds of interviews with newsmakers including the current and former U.S. Department of Energy secretaries, Spencer Abraham and Bill Richardson, respectively; Federal Energy Regulatory Commission Chairman Curt Hebert; OPEC General Secretary Ali Rodriquez; California Gov. Gray Davis; Williams Chairman, President and CEO Keith Bailey; Southern California Edison Chairman President and CEO Stephen Frank; and Dynegy Chairman and CEO Chuck Watson.

EnergyNewsLive.com has a registered user base of 8,000, comprised primarily of serve energy executives, legislators, regulators and institutional energy consumers. The service is free.

Besides live video newscasts, EnergyNewsLive.com web site also features sophisticated, proprietary models that present weather à‚– which influences an estimated 80 percent of energy market fluctuations à‚– in the context of energy markets; commodity market analysis and commentary; links to energy-commodity trading exchanges; and a new, real-time, cross-commodity spot and future pricing index called the Williams uE (universal energy unit).

The site is designed to operate optimally at Internet connection speeds that are common in corporate networks or high-speed home connections.

EnergyNewsLive.com is powered and distributed by Williams end-to-end. Through its Vyvx Broadband Media offering, Williams Communications (NYSE: WCG) provides transmission and distribution services.

About Williams
Williams, through its subsidiaries, connects businesses to energy and communications. The company delivers innovative, reliable products and services through its extensive networks of energy-distributing pipelines and high-speed fiber-optic cables. Williams information is available at www.williams.com.

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