Category: Pipelines

Jury to weigh billion-dollar pipeline case

A dozen jurors start Monday deliberating the billion-dollar dispute among three giant oil and gas companies over a joint effort to build a pipeline from Cushing, Okla. to the Gulf Coast.  More »

Williams Cos. to give board seat to Icahn protege

Williams underperformed its peers last year.  More »

TransCanada CEO ‘undeterred’ by new hurdle for Keystone XL

TransCanada Corp. officials said Thursday they are undaunted by a Nebraska court ruling that analysts widely believe will mean more delays for the Keystone XL pipeline.  More »

Gas line blast injures two, destroys homes

The 30-inch pipeline, which was about 20 feet underground, is owned by Columbia Gulf Transmission. It brought fresh fears to some residents who are opposing a nearby pipeline project by Williams Co.  More »

Enbridge reports first quarterly loss in two years on hedging

Enbridge Inc., the largest transporter of Canadian crude to the U.S., reported its first quarterly loss in two years on hedging contracts.  More »

Phillips 66 Partners strikes first acquisition deal for $700M

An energy transportation company spun out of Phillips 66 reached a deal Thursday to buy 681 miles of pipeline and two propylene storage units for $700 million.  More »

Keystone comments rushing in to State Dept.

Members of the public have filed more than 3,500 comments voicing their opinions on Keystone XL, just a week after the feds — once again — solicited input on the controversial pipeline.  More »

Spike in oil-by-rail fueled by regulatory delays, experts say

Rapidly developing oil and gas production in North Dakota, Texas and other states is outpacing the construction of new pipelines and other infrastructure to carry those fuels to market, energy experts and former government officials warned Thursday.  More »

Net income drops at Tesoro Logistics

Tesoro Logistics LP reported fourth-quarter net income of $7.4 million, or 33 cents a unit, compared with net income of $15.7 million, or 53 cents a unit, for the same period a year ago.  More »

Republicans defend Keystone XL approach

House Republicans on Thursday defended their party’s decision not to tie Keystone XL to legislation increasing the nation’s debt limit. Rep. Joe Barton, R-Texas, said he expects final presidential approval later this year.  More »

Lawmakers consider setting deadline for Obama’s Keystone XL decision

A bipartisan coalition of House and Senate members on Tuesday said they are considering an array of options to speed up a final verdict on the proposed Keystone XL pipeline, now that a State Department analysis raised no major environmental objections to the controversial project.  More »

Keystone ardor cools as oil sands producers find other routes

Producers have become less reliant on Keystone XL as new rail terminals increase their ability to ship oil on trains. And support has grown for other pipeline proposals, including a separate TransCanada project that would carry crude from Alberta to the nation’s Atlantic Coast.  More »
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