The Pakistani government said it’s approved a proposal to deliver funding to help support a multilateral natural gas pipeline stretching east from Turkmenistan. An economic committee, chaired by Pakistani Finance Continue Reading
German Chancellor Angela Merkel found herself under pressure on Friday from other Europe Union leaders over her government’s support for a natural-gas pipeline from Russia that others fear could further Continue Reading
Canadian Prime Minister Justin Trudeau reiterated his opposition to advancing with crude oil pipelines that have riled some members of the activist community. Trudeau came to power in October, touting Continue Reading
BRUSSELS—Thursday’s summit of European Union leaders will elevate to the highest political level a fight over a new Russian natural-gas pipeline that is supported by Germany but strongly opposed by Continue Reading
Gas pipes worth 1.8 billion euros ($1.95 billion) are to be left stranded on the shores of the Black Sea after Russia’s decision to suspend work on the Turkish Stream Continue Reading
Talks between Moscow and Ankara on building a natural gas pipeline through Turkey to Europe are suspended, Russia’s energy minister said. Russian energy company Gazprom proposed the so-called Turkish Stream Continue Reading
The rejection of the Keystone XL pipeline will put more oil on North American rails, but new pipelines will in time come to take up the slack, a report finds. Continue Reading
The Calgary-based pipeline operator called the move a “pause” while it considers the next steps for the controversial project, which TransCanada said it remained committed to completing. The company submitted an application with Nebraska’s Public Service Commission in October, but the bid for state approval was overtaken by a federal government decision against Keystone XL. “We believe it is inappropriate to ask the Commission to continue to move forward on a process that has legally set time lines, while we continue to consider our next course of action,” company spokesman Matt Cooper said in a statement. President Barack Obama rejected the pipeline on Nov. 6 some seven years after TransCanada requested federal permission for the project, which would link crude-oil producers in Western Canada to refineries on the U.S. Gulf Coast. Mr. Obama said the Keystone XL pipeline wasn’t in the national interest of the U.S. and would undermine […]
Several gasoline and distillate shippers are gearing up to fight Colonial Pipeline’s newest proposed tariff, saying a revised version will still squash competition and curb access to the critical artery that moves millions of barrels per day to the U.S. Northeast from the Gulf Coast. York River Fuels LLC, a New York Harbor marketer affiliated with Western Refining Inc, said in a regulatory filing on Wednesday that a key provision in the tariff would shut out many small shippers while favoring bigger ones like refiners that routinely ship hundreds of thousands of barrels every year. Castleton Commodities International and World Fuel Services Corp, also have asked the Federal Energy Regulatory Commission to allow them to submit arguments. Colonial, which has been full for more than three years, allocates space based on shipper history, or how many barrels shippers regularly move in 72 cycles each year. Those that move at […]
A depot used to store pipes for Transcanada Corp’s planned Keystone XL oil pipeline is seen in Gascoyne, North Dakota November 14, 2014. For environmentalists dedicated to killing it, President Barack Obama’s rejection of the proposed Keystone XL pipeline unleashed a moment of euphoria. Activists celebrated with tequila shots at Sierra Club headquarters in San Francisco and in Lafayette Square across from the White House, site of the first anti-Keystone protests in 2011, when to most people it was just another pipeline. But last Friday’s presidential “no” to the 1,200-mile (1931 km) pipeline out of Alberta’s oil sands may signal more than just a single, if remarkable, win for environmentalists. It stands to sharpen the fissure in the green movement between those who believe direct action can jar the world off its fossil fuel habit, and others who say only a collaborative approach that engages governments and corporations can […]
U.S. President Barack Obama on Friday rejected the proposed Keystone XL oil pipeline from Canada in a victory for environmentalists who campaigned against the project for more than seven years. "The pipeline would not make a meaningful long-term contribution to our economy," Obama told a press conference. He said it would not reduce gasoline prices, and shipping "dirtier" crude from Canada would not increase U.S. energy security. The denial of TransCanada Corp’s more than 800,000 barrels per day project will make it more difficult for producers to develop the province of Alberta’s oil sands. It could also put the United States in a stronger position at global climate talks that start in Paris on Nov. 30 in which countries will aim to reach a deal to slow global warming. U.S. Secretary of State John Kerry, who determined the pipeline was not in the country’s interest before Obama’s final decision, […]
PlayCurrent Time 0:00/Duration Time 0:00Remaining Time -0:00Stream TypeLIVELoaded: 0%Progress: 0%00:00Fullscreen00:00MutePlayback Rate1Subtitles subtitles off Captions captions settings captions off Chapters Chapters No compatible source was found for this video.Foreground—WhiteBlackRedGreenBlueYellowMagentaCyan—OpaqueSemi-OpaqueBackground—WhiteBlackRedGreenBlueYellowMagentaCyan—OpaqueSemi-TransparentTransparentWindow—WhiteBlackRedGreenBlueYellowMagentaCyan—OpaqueSemi-TransparentTransparentFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyDefaultMonospace SerifProportional SerifMonospace Sans-SerifProportional Sans-SerifCasualScriptSmall CapsDefaultsDonexShare & EmbedCopy CodeAdvertisement What Obama’s Rejection of Keystone XL Means for Canada President Barack Obama’s rejection of the Keystone XL pipeline solidifies what the market has been saying for months — there’s less appetite for expensive Canadian oil sands in an era of $45 crude. The $8 billion pipeline to transport crude from Alberta to the Gulf of Mexico first proposed by TransCanada Corp. in 2008 has lost its urgency as the industry endures the worst price crash since the 1980s. Producers are shelving projects and reducing drilling, and after waiting so many years for the line’s approval, they can afford to wait longer for a new one. They’ve also found other […]
PlayCurrent Time 0:00/Duration Time 0:00Remaining Time -0:00Stream TypeLIVELoaded: 0%Progress: 0%00:00Fullscreen00:00MutePlayback Rate1Subtitles subtitles off Captions captions settings captions off Chapters Chapters No compatible source was found for this video.Foreground—WhiteBlackRedGreenBlueYellowMagentaCyan—OpaqueSemi-OpaqueBackground—WhiteBlackRedGreenBlueYellowMagentaCyan—OpaqueSemi-TransparentTransparentWindow—WhiteBlackRedGreenBlueYellowMagentaCyan—OpaqueSemi-TransparentTransparentFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyDefaultMonospace SerifProportional SerifMonospace Sans-SerifProportional Sans-SerifCasualScriptSmall CapsDefaultsDonexShare & EmbedCopy CodeAdvertisement Obama: Keystone Would Not Serve U.S. National Interests The fight over the Keystone XL pipeline had all the elements of a classic Washington scrap: protests, political ads, scores of lobbyists on retainer. What was sometimes missing in the seven-year struggle, energy analysts say, was an accurate accounting of the project’s impact on the environment or the economy, the twin issues that drove the debate. Environmentalists said Keystone XL, which TransCanada Corp. first applied to build in 2008, raised the risks of climate change by encouraging greater production of Alberta’s tar sands. But a U.S. environmental review found the project’s contribution to global greenhouse gas emissions would be small. Republican […]
OTTAWA—Canadian Prime Minister Justin Trudeau faces an early test in his pledge to improve Canada-U.S. relations after the White House on Friday rejected the Keystone XL pipeline project after seven years of review. The Obama administration said no to the controversial project just two days after Mr. Trudeau was sworn in as Canada’s prime minister. While not a surprise, the decision represents a setback for Canada’s key energy sector, which is reeling from lower commodity prices and has encountered many hurdles in trying to move landlocked crude to new markets other than the U.S. Under former Conservative Prime Minister Stephen Harper , Ottawa placed significant importance on securing U.S. approval for the project, meant to ease the transport of oil from Alberta to refineries on the U.S. Gulf Coast. Mr. Trudeau said he was “disappointed” with the rejection but saw an opportunity to rebuild strained ties between the two […]
Spokesmen for the U.S. energy industry blasted President Obama’s decision to kill the Keystone XL pipeline Friday, though the widely expected move won’t have much impact on the industry’s operations. Jack Gerard, president of the American Petroleum Institute, the chief lobbying group for oil companies in the U.S., said five reviews conducted by President Barack Obama’s own administration over seven years showed that building the massive oil pipeline between Canada and the U.S. would be safe and help lower fuel prices for consumers. In the end, Mr. Gerard said, the White House capitulated to professional activists who advocate a “leave it in the ground” strategy toward fossil fuels. “It’s an assault on American workers and it’s politics at its worst,” he said. Record amounts of Canadian oil are flowing into the U.S. even without Keystone. So far this year the U.S. has imported 3.4 million barrels a day, accounting […]
With Keystone XL shot down by President Barack Obama, the Canadian energy industry — and its opponents — are turning their attention to the other options. Three pipelines proposed to carry rising oil-sands volumes from landlocked Alberta to Canada’s Pacific and Atlantic coasts face delays as activists, local communities and politicians attack their risks to the environment in a repeat of TransCanada Corp.’s seven-year saga seeking U.S. approval. Producers from Suncor Energy Inc. to Royal Dutch Shell Plc are banking on the alternatives. TransCanada is touting an even bigger line to Canada’s eastern shores, while Kinder Morgan Energy Inc. and Enbridge Inc. are aiming for routes to the country’s west coast. The headwinds they face are putting the long-term development of the world’s third-largest oil reserves at risk. “We’re working hard with stakeholders, and we intend to act decisively to increase the likelihood of getting our product to tidewater,” […]
Keystone XL planner TransCanada says project is fundamentally about the source of North American crude oil imports. Photo courtesy TransCanada CALGARY, Alberta, Nov. 5 (UPI) — The fundamental question over the Keystone XL debate is whether to use domestic oil or oil imported from Venezuela or the Middle East, TransCanada said. TransCanada asked the U.S. State Department to pause the review process for the Keystone XL pipeline while it waits for route decisions from Nebreaska’s government. The State Department refused the request . Mark Cooper , a spokesman for the company, said in an emailed statement TransCanada would continue to focus on building the pipeline. "The fundamental question remains: Do Americans want to continue to import millions of barrels of oil every day from the Middle East and Venezuela or do they want to get their oil from North Dakota and Canada through Keystone XL?" he said. "We believe […]
Enbridge Inc. reported a loss in the third quarter as one-time charges and a delay in startup of a pipeline to Eastern Canada dragged on earnings. Canada’s largest pipeline company reported net loss of C$609 million ($463 million), or 72 cents a share, compared with a loss of C$80 million, or 10 cents, a year earlier, according to a statement Thursday. Excluding one-time items, per-share profit missed by 3 cents the 50-cent average of 13 analysts’ estimates compiled by Bloomberg. Enbridge has been transferring assets to affiliates such as Enbridge Income Fund Holdings Inc. which contributed to C$351 million in costs in the quarter, along with C$654 million in one-time expenses related to changes in the value of derivatives. The delay of the reversal of Line 9, running from from southern Ontario to Quebec and initially expected to be in service in early 2015, and now will start deliveries […]
A TransCanada Keystone Pipeline pump station operates outside Steele City, Nebraska, in this file photo taken March 10, 2014. The United States formally denied a request on Wednesday to pause the review of the proposed Keystone XL oil pipeline, a decision expected to lead to the project’s rejection by the Obama administration. TransCanada Corp’s request to the State Department for a delay was seen by many as an attempt to postpone the decision until after President Barack Obama left office and a new president more friendly to the plan took over in 2017. The White House declined to comment on the State Department’s decision. Secretary of State John Kerry has not given a timeline for making a recommendation on the $8 billion project. "The secretary believes that, out of respect for that process and all the input that has gone into it, that it is the most appropriate thing […]
White House Press Secretary Josh Earnest says the Obama administration is working to move review process for Keystone XL oil pipeline above politics. UPI/Kevin Dietsch WASHINGTON, Nov. 4 (UPI) — The White House said it was working to shield the debate over the Keystone XL oil pipeline from partisan debates and focus instead in the project’s merits. Pipeline planner TransCanada asked the U.S. State Department, charged with vetting the project, to pause a review process while the route for the pipeline is under review in Nebraska. The pipeline has become a scapegoat for political debates over North American energy policy, with supporters touting its potential to stimulate the economy and detractors questioning the continued emphasis on crude oil in an age when climate concerns are mounting. The U.S. Congress has tried several legislative efforts to force President Barak Obama ‘s hand on the pipeline, moves the administration said would […]
Pipes for TransCanada’s Keystone pipeline sitting stacked in an Oklahoma storage yard in 2012. But two years into the process, then-Sen. Mike Johanns, a Republican, saw opposition brewing in his home state of Nebraska, through which the nearly 1,200-mile pipeline was supposed to pass. He advised Russ Girling, TransCanada’s chief executive, to change the pipeline’s route to defuse a fight with environmentalists and Nebraska landowners allied against the project. Instead, TransCanada chose to plow ahead. “Honestly, in all my years in government, I’ve never seen such an enormous miscalculation,” Mr. Johanns said earlier this year. “They made a lot of assumptions that this thing was going to skate right through the Obama administration.” On Wednesday, the State Department denied TransCanada’s request earlier this week to suspend its permit application for Keystone —a move that would have essentially punted the pipeline decision to after the 2016 elections. The Obama administration […]
The State Department sent a letter Wednesday to the company, formally rejecting its bid to dela y consideration of the controversial pipeline that would carry crude oil from Canada’s oil sands to the Gulf Coast, a department spokesman said. “We have communicated to them our intention to continue the review,” State Department spokesman John Kirby said. “We’re not required to pause it based on an applicant’s request, there’s no legal basis to do that.” Mr. Kirby added that a lot of interagency work has gone into reviewing the project. The decision to move forward with the final State Department review puts the future of the project in jeopardy. The Obama administration is widely expected to reject the proposed pipeline in the coming weeks or months, bringing to a close the yearslong drama on its fate. TransCanada on Monday asked the State Department to suspend its cross-border permit application—a move […]
The Obama administration on Tuesday said it will continue to process TransCanada’s application for a permit to build the Keystone XL pipeline, even as it considers the company’s request to suspend the review. "We would like to finish this review process as swiftly as possible," Department of State spokeswoman Elizabeth Trudeau said in a briefing with reporters. "We will issue a response [to TransCanada], but we’re going to continue our review process." White House Press Secretary Josh Earnest, saying he found TransCanada’s request "unusual," said President Barack Obama still intends to rule on the presidential permit before he leaves office in January 2017. "There’s no doubt that this debate has been heavily influenced by politics, and the president is doing his best to try to shield the actual process that will consider the merits of the project from those politics," Earnest said in a briefing. TransCanada late Monday sent […]
Pipes for Transcanada Corp’s planned Keystone XL oil pipeline are pictured in Gascoyne, North Dakota in this November 14, 2014 file photo. The U.S. State Department is in the process of sending a response to TransCanada Corp on its plea to pause the review of the Keystone XL oil pipeline, a department official said on Tuesday. There was no estimate of when the response would be sent, and the State Department’s review of the pipeline was continuing on Tuesday. TransCanada asked the department on Monday to delay the review of the pipeline that would help link Canada’s heavy oil fields to U.S. refineries. TransCanada’s move was widely seen as an attempt to avoid rejection by President Barack Obama, who has been increasingly focused on the environment, and to take its chances with his successor in 2017.
A depot used to store pipes for Transcanada Corp’s planned Keystone XL oil pipeline is seen in Gascoyne, North Dakota November 14, 2014. TransCanada Corp ( TRP.TO ) said on Monday that it has requested the suspension of the U.S. review for its Keystone XL crude oil pipeline, a surprise move that comes just after the White House indicated it plans to rule on the controversial project before the end of President Barack Obama’s term in office. Calgary-based TransCanada sent a letter to the U.S. State Department to suspend its application while the company goes through a state review process in Nebraska. "We are asking State (Department) to pause its review of Keystone XL based on the fact that we have applied to the Nebraska Public Service Commission for approval of its preferred route in the state," TransCanada Chief Executive Russ Girling said in a statement. The news comes […]
White House says to expect a decision on the Keystone XL pipeline at some point during the Obama presidency. Planner TransCanada asked for a delay in the federal review process while Nebraska weighs the pipeline’s route through the state. Photo courtesy TransCanada WASHINGTON, Nov. 3 (UPI) — A decision on the Keystone XL oil pipeline from Canada is expected at some point during the Obama presidency, a White House spokesman said. "The president will make a decision before the end of his administration on the Keystone pipeline, but when exactly that will be I don’t know at this point," White House spokesman Josh Earnest said. Pipeline planner TransCanada submitted its application to build the Keystone XL oil pipeline across the U.S.-Canadian border more than six years ago. In a change of course, the company said it was now asking the U.S. State Department, tasked with vetting the pipeline, to […]
TransCanada Corp. TRP 0.92 % ’s decision to postpone the Keystone XL Pipeline won’t have much effect on the U.S. energy industry, experts say, largely because American refiners have found other ways to get crude oil from Canada. Oil imports from Canada set a new record in August, averaging 3.4 million barrels a day, according to data released Monday by the U.S. Energy Department. In fact, the U.S. has bought 64% more Canadian crude so far this year than it did in the same stretch of 2008, the year TransCanada first asked the U.S. government for permission to build the pipeline that would run from Alberta to Texas. That is an extra 1.2 million barrels of oil flowing into the U.S. from Canada every day, or 45% more crude than Keystone XL would have carried had it been constructed. On Monday, TransCanada asked the State Department, which reviews cross-border […]
TransCanada Corp. TRP 0.92 % on Tuesday reported a 12% decline in third-quarter earnings and said it hit the pause button on its controversial Keystone XL project to best assure its long-term success. Calgary, Alberta-based TransCanada late Monday said it had asked the U.S. State Department to suspend its permit application for Keystone XL while awaiting approval in Nebraska regarding the pipeline’s route through that state. “It’s our view that the State Department process should not continue in the current time in its current path if there’s going to be new information provided from a review in Nebraska,” TransCanada Chief Executive Russ Girling said during a conference call on Tuesday. The administration of President Barack Obama had been expected to reject the long-delayed project, which would carry 830,000 barrels of Canadian crude a day from landlocked Alberta to refineries on the U.S. Gulf Coast. The pipeline operator has to […]
A depot used to store pipes for Transcanada Corp’s planned Keystone XL oil pipeline is seen in Gascoyne, North Dakota November 14, 2014. TransCanada Corp ( TRP.TO ) said on Monday that it has requested the suspension of the U.S. review for its Keystone XL crude oil pipeline, a surprise move that comes just after the White House indicated it plans to rule on the controversial project before the end of President Barack Obama’s term in office. Calgary-based TransCanada sent a letter to the U.S. State Department to suspend its application while the company goes through a state review process in Nebraska. "We are asking State (Department) to pause its review of Keystone XL based on the fact that we have applied to the Nebraska Public Service Commission for approval of its preferred route in the state," TransCanada Chief Executive Russ Girling said in a statement. The news comes […]
Photo A field near Bradshaw, Neb., through which the Keystone XL oil pipeline would run. TransCanada, the company seeking to build the 1,179-mile pipeline, wants to delay the project. Credit Nati Harnik/Associated Press WASHINGTON — The company seeking to build the Keystone XL oil pipeline asked the Obama administration on Monday to suspend its yearslong review of the project, potentially bringing an abrupt halt to a politically charged debate that had become part of a broader struggle over President Obama ’s environmental policies. It was not immediately clear whether the administration would grant the request, which was swiftly denounced by environmental activists as a bid to dodge a near-certain rejection of the pipeline. Allowing the delay would push off a decision until after the 2016 presidential election. The company’s request introduced a new element of uncertainty into the administration’s decision-making process, offering the potential to free Mr. Obama from […]
Years of politicking has held up construction of Keystone XL pipeline, but the political winds are shifting and the heavy crude is making its way to refineries by other means. For the last seven-plus years, TransCanada Corp. executives have racked up frequent flyer points and probably worn out several dress shoes trying to convince Americans to get onboard with their proposed Keystone XL (KXL) pipeline. Various iterations of the route have been bandied about between politicians, engineers and business leaders. Town halls have cropped up throughout the mid-continent. And harsh words have been exchanged in the news and likely in closed-door meetings. And yet almost a decade later, barrels of Canada’s heavy oil sands have made their way to the Gulf Coast by hook or by crook – or, more often by rail or by truck – and the KXL remains in limbo. Keystone had actually faded from the […]
A pipeline to America’s largest oil hub is about to find itself in an unfamiliar position: not full. One of the main pipelines that carries crude to Cushing, Oklahoma, will run at less than capacity in December for the first time in nearly two and a half years. The drop in supply coincides with the opening of a pipeline to Quebec, giving shippers the option of diverting some oil from the middle of the U.S. “There will be less light sweet crude available to make its way to Cushing,” said Andy Lipow, president of Lipow Oil Associates LLC in Houston. “There’s going to be some significant rebalancing of where oil flows in North America.” Shippers on Enbridge Inc.’s Spearhead pipeline only asked to transport about 155,000 barrels of crude a day in December, below the system’s capacity to move about 193,000 to Cushing from Flanagan, Illinois. It’s the first […]
TransCanada says Keystone XL still an effective and safe solution to bring economic stimulus to North America. Photo courtesy TransCanada CALGARY, Alberta, Oct. 23 (UPI) — The planned Keystone XL oil pipeline best fits the Liberal agenda for mobilizing Canadian resources in a way that benefits North America, TransCanada said. The planned Keystone XL would transport oil across the Canadian border to refineries along the southern U.S. coast. Supporters argue it would bring economic stimulus to North America, while detractors say a heavier form of Canadian crude oil called diluted bitumen could spoil the environment. Stephen Harper , whose Conservative Party was defeated in Monday’s national election , made the pipeline one of his top priorities during his administration. He’s argued the project is among the better alternatives, both economically and environmentally, to transport oil. An increase in North American oil production is more than the existing network of […]
Canada’s new prime minister seen focusing on trade, climate A prompt rejection of TransCanada Corp.’s Keystone XL pipeline would make the job easier for Canada’s incoming Prime Minister Justin Trudeau as he seeks to reset the country’s relationship with the U.S., which he says was damaged by outgoing leader Stephen Harper. Trudeau, whose Liberal Party Monday night defeated Harper’s Conservatives with a surprise majority in Parliament, could use a quick U.S. denial of Keystone to focus discussions with U.S. President Barack Obama on issues such as trade and climate. There’s been speculation among Keystone watchers including Republican North Dakota Senator John Hoeven, a supporter of the $8-billion project, that Obama would reject the pipeline shortly after the Canadian election. “If it’s going to be rejected, which I think most people think it is, the sooner the better so it can be attributed to Harper,” said James Coleman, assistant professor […]
Pipeline developers looking to build infrastructure to move natural gas out of the Appalachian Basin face numerous challenges, from strengthening opposition from environmental groups to shifting market patterns and increased regulatory scrutiny, speakers at the Platts Appalachian Oil and Gas Conference in Pittsburgh said Friday. Doug Walker, vice president of business development at Tallgrass Energy Partners, said the company, which operates the Rockies Express Pipeline, has encountered more intense opposition to its expansion of the pipeline to create bidirectional flows, than it had faced with the original construction of the pipe from the Rocky Mountain region to the eastern US. The original pipeline was completed in 2009. The 1,700-mile pipeline recently began to offer firm service from Appalachian gas fields to Midwest markets, increasing its delivery capability into Ohio and Illinois from 1.8 Bcf/d to 3.6 Bcf/d. Walker said environmental groups, in expressing their opposition to the expansion project […]
LINCOLN, Neb. (AP) — The Canadian company that wants to build the Keystone XL pipeline is taking steps to circumvent one of the major roadblocks in Nebraska. But in seeking approval Monday for the same contentious route through the state, TransCanada could create another round of lengthy delays in an already drawn-out process. It also indicates a new push for the $8 billion Canada-to-Texas oil pipeline in a state where opponents have repeatedly thwarted efforts to build the project. President Barack Obama has indicated that he may reject a federal permit for the project, as he did in 2012 when he accused congressional Republicans of setting an arbitrary deadline. Former Gov. Dave Heineman approved the Nebraska route in 2013 under a state law that allowed TransCanada to use eminent domain against holdout landowners, but opponents sued and the project has been mired in state courts ever since. The state’s […]
Keystone XL opponents claim win as TransCanada ends legal battle over eminent domain in Nebraska. File photo by Roger L. Wollenberg/UPI BISMARCK, N.D., Sept. 30 (UPI) — Pipeline company TransCanada said it was filing an application with state regulators in Nebraska to build Keystone XL , ending a bid to challenge eminent domain. Spokesman Mark Cooper said in an emailed statement the company was ready to file an application with the Nebraska Public Service Commission for pipeline construction. "We believe that going through the Public Service Commission process is the clearest path to achieving route certainty for the Keystone XL project in Nebraska," he said. "It ultimately saves time, reduces conflict with those who oppose the project and sets clear rules for approval of the route." The company said it was moving its petitions to the state regulator after withdrawing from a lawsuit filed by Nebraska landowners challenging the […]
CALGARY, Alberta, Sept 24 (Reuters) – Pipeline company TransCanada Corp is cutting 20 percent of its senior management positions as a result of the continuing slump in oil prices, a company spokesman said on Thursday. TransCanada is the company behind the controversial and long-delayed Keystone XL pipeline to the United States, and the cross-Canada Energy East project. (Reporting by Nia Williams; Editing by Chris Reese)
Montreal — First Nations women and supporters sent a clear message to TransCanada this Wednesday evening that the Energy East pipeline is not welcome through First Nations lands. “What we want TransCanada to understand is that no means no. This is Kanien’ke, this is Mohawk Land and we are tired of occupation, we are tired of environmental disaster.” said Lickers at Wednesday night’s hearing. “This is our land and we are going to protect it.” Amanda Lickers and Vanessa Gray were 2 of several First Nations opponents to the Energy East present to express their outrage at the public hearings hosted by the Communauté métropolitaine de Montréal. The purpose of the hearings is to establish a community report to submit to Office of Public Hearings on the Environment (BAPE) and the National Energy Board (NEB). “But the consultation process does not work”, states Lickers, whose family is from Six […]
A depot used to store pipes for Transcanada Corp’s planned Keystone XL oil pipeline is seen in Gascoyne, North Dakota November 14, 2014. Following remarks by Democratic presidential candidate Hillary Clinton that she disapproves of the Keystone XL pipeline project, the White House said on Wednesday that the State Department continues to consider the project. White House spokesman Josh Earnest said he was not sure if there were many people surprised by Clinton’s comments.
Stephen Harper’s two challengers for prime minister have regularly taken swipes at him during Canada’s election campaign for failing to get oil pipelines built. Harper, a Conservative who represents a Calgary constituency, is regarded as one of the most petroleum-friendly politicians in Canada. Therein lies the problem, according to his opponents. How to start up new pipelines is a major preoccupation for a Canadian oil industry increasingly worried about getting product to market. The troubled Keystone XL project is just one of four proposals mired in delay due to concerns over carbon emissions from the oil sands and potential spills. “He hasn’t got pipelines built. He has made the oil sands an international pariah,” Liberal Leader Justin Trudeau said of Harper during a leaders debate on the economy last week that happened to be held in hard-hit Calgary. “Under Stephen Harper’s stewardship,” New Democratic Party Leader Tom Mulcair said, […]
Former Secretary of State and Democratic presidential candidate Hillary Clinton says planned Keystone XL oil pipeline runs against global moves to tackle climate change. Photo by Pete Marovich/UPI CALGARY, Alberta, Sept. 23 (UPI) — In a counter to Hillary Clinton , Keystone XL planner TransCanada said pipelines are the safest and least carbon-intensive ways to transport crude oil. Democratic presidential candidate and former Secretary of State Clinton said from the campaign trail in Iowa the planned Keystone XL pipeline from Canada would be a "distraction" to the evolving fight against climate change. "I do not think it is in the best interest of what we need to do to combat climate change," she said. The Republican-led Congress that took its seat in January said passing legislation to approve construction of Keystone XL, offered for U.S. consideration more than six years ago, was job No. 1. The pipeline has become […]
U.S. Democratic presidential candidate Hillary Clinton speaks at the Community Forum on Substance Abuse at The Boys and Girls Club of America campaign event in Laconia New Hampshire, September 17, 2015. Democratic U.S. presidential candidate Hillary Clinton said on Tuesday that she opposes the Keystone XL pipeline. "I have a responsibility to you and other voters," Clinton, a former secretary of state, said at a town hall event in Iowa. “I think it is imperative that we look at the Keystone pipeline as what I believe is the distraction from the important work we have to do to combat climate change.” “Therefore, I oppose it,” she said. (Reporting by Alana Wise; Editing by Tim Ahmann )
As energy industry and government officials alike wrestle with the best way to limit the release of methane into the atmosphere, a new study reveals that US cities with programs calling for the replacement of aging natural gas pipeline have 90% fewer leaks per mile than cities without such programs. The study, led by researchers from Stanford University and published in the journal "Environmental Science & Technology Letters," demonstrates "how well pipeline replacement programs have worked," Rob Jackson, the study’s author, said in an interview Monday. Researchers studied programs to replace pipelines made of cast iron and other outdated materials in three US regions, the cities of Durham, North Carolina and Cincinnati, Ohio, and Manhattan Island in New York City. "We identified 132, 351 and 1,050 leaks in Durham, Cincinnati and Manhattan, respectively, across 595, 750 and 247 road miles driven," the study reported. Article continues below… Gas Daily […]
Trans-Adriatic Pipeline procurement process puts new European gas pipeline one step closer to completion. Photo courtesy of Trans Adriatic Pipeline AG BAAR, Switzerland, Sept. 21 (UPI) — An invitation for bids for data control mechanisms on the planned Trans-Adriatic gas pipeline puts it one step closer to completion, developers said. The pipeline consortium developing the planned natural gas pipeline said it was inviting companies to pre-qualify for the supply and delivery of a centralized monitoring system as well as a fiber optic cable network meant to feed back to a supervisory control center. "With the launch of these final pre-qualification notices, TAP reaches another important milestone in its procurement process," TAP Project Director Norman Ingram said in a statement. TAP is slated to transport natural gas from the second phase of the Shah Deniz natural gas field off the coast of Azerbaijan as early as 2019. BP, leading Azeri […]
Russian energy company Gazprom facing delays in build on its Turkish Stream natural gas pipeline. File photo by Igor Golovniov/UPI MOSCOW, Sept. 15 (UPI) — Development of the Turkish Stream natural gas pipeline from Russia is on hold because of installation delays, an official with Russia’s Gazprom said. Alexander Medvedev , the deputy chairman of Russian natural gas company Gazprom, said the late 2016 launch of the pipeline through Turkey was no longer achievable . "Due to the fact that the installation [of the pipeline] did not begin as planned, we are no longer speaking of December 2016," he said. The Kremlin sent two offers to the Turkish government for consideration on a pipeline project in mid-2015. In August, the government said there was still no word on the project from Ankara. Gazprom surveyed the Turkish land route for the 110-mile section of pipeline from the Black Sea last […]
Shell’s company logo is pictured at a gas station in Zurich April 8, 2015. BG Group’s bonds traded up strongly on Wednesday on the back of Royal Dutch Shell’s US$70bn offer to buy the UK firm. Royal Dutch Shell shelved its Louisiana-to-Texas Westward Ho pipeline after years of delays, reductions in scope and after other new pipelines began flowing, a spokeswoman confirmed on Tuesday. "After a thorough review and as a result of changing market conditions, Shell Pipeline Company LP has decided to not proceed with the proposed Westward Ho Pipeline project," spokeswoman Kimberly Windon said. Proposed in 2011 at a top capacity of 900,000 barrels per day, Shell said Westward Ho would move Gulf of Mexico and imported crudes from the St. James, Louisiana oil hub to Houston. The leg between Nederland, Texas and Houston would move up to 500,000 bpd, and the entire project was targeted to […]
While some Wall Street analysts now think the probability of the U.S. economy going into recession are nearly 50 percent , Canada is already there. That bad news comes as Canada gears up for a general election in October and at a time when the slide in global oil prices could spell continuing trouble for Canada’s energy-dependent economy. And that extends to the controversial Keystone pipeline to the U.S. America’s neighbor to the north is the planet’s 11th-largest economy and the U.S.’s biggest trading partner. Last year the U.S. did $634 billion dollars in trade with Canada, booking a $31 billion dollar trade deficit in the process. Canada is a natural resources and commodities exporter, which makes it particularly vulnerable to China’s slowdown. Canada sells China nickel, copper, wood, paper and fish products while importing appliances and consumer goods. In 2014, Canada shipped out close to $20 billion in […]
A presidential decision on TransCanada Corp.’s cross-border permit application for its proposed Keystone XL crude oil pipeline is not imminent, White House Press Sec. Josh Earnest said. “This project continues Continue Reading
ABOARD AIR FORCE ONE, Aug 27 (Reuters) – The White House said on Thursday that the U.S. State Department continues to review TransCanada Corp’s proposed Keystone XL pipeline from Canada’s oil sands to Gulf Coast refineries. "This project continues to be under review by the State Department. I’m not aware of any decision that the State Department has forwarded on to the White House," White House spokesman Josh Earnest said, adding that he did not have an update on when the review would be completed. Asked about a report in a Canadian newspaper that said President Barack Obama would deny a permit for the pipeline next week before the Labor Day holiday weekend, Earnest said he had not seen the report. (Reporting by Jeff Mason and Roberta Rampton; Editing by Emily Stephenson)
