The stake would be the largest taken by a Chinese company in a Canadian pipeline. More »
For more than a month, a group calling itself Tar Sands Blockade has embarked on the most aggressive effort yet to stop work on the southern portion of TransCanada’s Keystone XL pipeline.
A pipeline subsidiary of Marathon Petroleum Corp. rose in its stock market debut after raising $380.6 million in an initial public offering of its units.
The argument is familiar to just about every American by now: The United States needs to import more Canadian crude oil to secure its energy independence, and building the proposed Keystone XL import pipeline is critical to accomplishing that goal. More »
Royal Dutch Shell PLC has warned that it will not be able to make its production estimates for two types of crude oil in Nigeria. More »
TransCanada Corp. has again delayed restart of its 590,000-barrel-a-day Keystone pipeline and is aiming to begin operations tomorrow, James Millar, a company spokesman, said Sunday in an e-mail. More »
Two aging oil and natural gas pipelines running under the sparkling waters of the Straits of Mackinac in northern Michigan are time bombs that could devastate the upper Great Lakes if they rupture, according to a report issued today by the National Wildlife Federation. More »
The Pipeline and Hazardous Materials Safety Administration says TransCanada reported shutting down the approximately 2,100-mile pipeline, which moves about 500,000 barrels of crude a day from Alberta, Canada, to facilities in Illinois and Oklahoma.
The California Public Utilities Commission announced Monday that Mitchell had been appointed to help energy regulators and Pacific Gas & Electric Co. reach a settlement over how much the utility should pay in connection with the San Bruno blast. More »
A federal lawsuit filed Tuesday in Laredo by two of Beckett’s companies asks a judge to stop any further work on the natural gas pipeline and specify what the builder must do under the Endangered Species Act. The companies filed a motion for a temporary restraining order Wednesday that included a statement from Beckett describing two occasions when he saw what he believes were ocelots.
The U.S. needs billions of dollars in new infrastructure to process and transport the bounty from the Eagle Ford shale and other unconventional oil plays. More »
S&P says Canadian pipeline companies will enjoy sound credit ratings despite regulatory and political challenges to some of their projects. More »