The State Department, responsible for approving cross-border energy projects like the Alberta Clipper and the proposed Keystone XL line to the U.S. Gulf Coast, said in a statement that Enbridge can go forward with its plan under authority granted by previously issued permits.
An international oil dispute played out in U.S. courts on Friday, as the Kurdish Regional Government faced off against Iraq over a disputed tanker of Kurdish crude that’s been languishing off Galveston’s coast for nearly a month.
The nation’s top oil producer is attracting more than a few glances from operators not already established in West Texas, but companies with exclusive and lucrative Permian acreage are holding on tight.
Natural Resource Partners LP, a Houston-based master limited partnership that buys and manages mineral reserves, will acquire Philadelphia-based VantaCore Partners LP for $205 million, it announced Tuesday.
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