Posts filtered on Category
Neither an unlikely quick victory nor a protracted court battle are likely to have a major effect on TransCanada’s business or its ability to pay its debt, Moody’s said.
The Calgary, Alberta-based company said it had filed a lawsuit in Houston’s Federal Court.
The head of the oil industry’s top lobbying group says the U.S. is an emerging global energy powerhouse, and can can grow even stronger if the federal government imposes fewer regulations.
Enbridge Energy will pay the Red Lake Nation in northern Minnesota $18.5 million to settle a nearly decade-long dispute over unauthorized use of a small parcel of tribal land.
Regulators believe the ruptured pipeline had been leaking unnoticed for three months.
The two companies said they plan to finish loading the Eagle Ford crude cargo on Thursday at the Port of Corpus Christi.
The 270-mile Aegis pipeline, which runs to Napoleonville in Louisiana, begins at Enterprise’s natural gas liquids hub near Houston.
Harold Hamm, CEO of Continental Resources, says it’s a sign that the world sees domestic light, low-sulfur oil as superior to international oil, much of which is denser and higher in sulfur.
The new Kinder Morgan is a safer, more financially conservative company than it was last week.
The steady dividend has been Kinder Morgan’s hallmark since it went public in February 2011.