Bloomberg Two of North America’s biggest pipeline companies and the top US natural gas exporter are all absorbing subsidiaries in moves aimed at curbing future tax obligations following a federal overhaul. Williams Cos. said it will buy the remaining stake in Williams Partners in a $10.5 billion all-stock deal. Cheniere Energy Inc. is buying up the partnership that holds units …

Bloomberg Glencore Plc is close to a $1 billion deal to buy Chevron Corp.’s southern African assets, potentially scuppering an earlier agreement with China Petroleum & Chemical Corp., according to three people familiar with the matter. The Switzerland-based miner and trader will complete the deal within the next six weeks, said one of the people who asked not to be …

Bloomberg Just weeks after the Federal Energy Regulatory Commission launched a sweeping review of its natural gas pipeline policy, its members are again split on the extent to which they should take climate change into account. In the latest clash, the commission’s Republican members voted to dismiss an environmental group’s challenge to Dominion Energy Inc.’s New Market gas pipeline in …