Category: Keystone XL

Keystone pipeline bigger for producers than TransCanada

For producers, Keystone is the earliest export line scheduled to ease bottlenecks which have helped push Canadian heavy crude $27 a barrel below the U.S. benchmark and are costing the industry about C$18 billion a year, according to Chevron Corp.  More »

New Obama adviser will not work on Keystone XL

A new senior adviser to President Barack Obama will not be involved in deliberations on the Keystone XL oil pipeline, the White House said Wednesday.  More »

Keystone foe John Podesta joins Obama inner circle

John Podesta’s return to the White House places an opponent of the Keystone XL pipeline within President Barack Obama’s inner circle as the administration weighs whether to approve the project.  More »

Oil begins flowing through Keystone XL’s southern leg

TransCanada has begun moving oil into the Keystone XL pipeline’s southern leg, which runs from Oklahoma to the Texas coast, a company spokesman said Monday.  More »

Feds meet with enviro groups as Keystone decision nears

As the State Department readies its final review of the proposed Keystone XL pipeline, environmentalists on Monday stepped up their fight against the project.  More »

Keystone backers await report vital to pipeline’s fate

Supporters and foes of TransCanada Corp.’s Keystone XL pipeline are bracing for the release of an environmental analysis from the U.S. government that could determine the $5.4 billion project’s fate.  More »

Keystone South won’t deliver oil before mid-January

The company’s bulletin Thursday was “clarification to our customers.”  More »

Oil jumps on news of opening of Keystone’s southern leg

TransCanada said the southern leg of its Keystone XL pipeline should be operational early next month.  More »

Keystone foe Steyer brings fight to site of Obama pledge

As the U.S. prepares to release an environmental review of the proposed Keystone XL pipeline, opponents are arguing that the project can’t meet a standard for carbon emissions that President Barack Obama set in June.  More »

Canada at crossroads in bid to become energy superpower

Canada’s bid to become what Prime Minister Stephen Harper calls an energy “superpower” is at risk as approval delays for new pipelines threaten an industry already hurt by high costs and rival production.  More »

Keystone foes target rail projects to thwart oil sands exports

Environmentalists opposed to the Keystone XL pipeline are expanding their fight against imports of Canadian heavy crude oil by trying to block rail projects that offer another way for it to enter the U.S.  More »

TransCanada pushes Keystone XL pipeline start to 2016

TransCanada Corp. pushed the start date for its $5.4 billion Keystone XL oil pipeline into 2016, the second delay this year as the company awaits U.S. approval for the project.  More »

Texas farmer wins entry of default in Keystone pipeline case

He is one of the last Texas landowners still battling Calgary-based TransCanada over the company’s use of eminent domain laws.  More »

TransCanada’s quarterly profit rises on higher power prices

TransCanada Corp., the Calgary-based company seeking to build the Keystone XL oil-sands pipeline, said third-quarter profit rose 30 percent as it took advantage of higher electricity prices.  More »

Exxon Mobil’s profit falls on refining income

Exxon Mobil Corp.’s quarterly profit fell 18 percent from last year, but the oil and gas giant still made nearly $8 billion in three months.  More »
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