Category: Pipelines

Environmentalists, industry leaders renew fight over Keystone XL

Supporters and opponents have renewed their fight over the $7 billion project, as the Obama administration heads toward a decision early next year on whether to approve a border-crossing permit for the pipeline that would carry oil sands crude from Alberta, Canada to the Gulf Coast.  More »

Houston’s Targa puts $950 million into Bakken assets

Houston-based pipeline and processing company Targa Resources will pay $950 million to expand into the lucrative Bakken shale play of North Dakota, the company said Thursday.  More »

Baker Hughes chairman says U.S. will face shale gas competition

The energy industry must educate the public and its elected officials about the benefits of technologies driving the natural gas shale boom, Baker Hughes’ chairman says.  More »

Royal Dutch Shell shuts down Nigeria oil pipeline

Royal Dutch Shell PLC says it has shut down a pipeline in Nigeria’s oil-rich southern delta after finding leaks it blamed on oil thieves.  More »

NuStar to sell S.A. refinery, buy Eagle Ford pipelines

NuStar Energy LP said it will boost its investment in the Eagle Ford Shale and sell its San Antonio refinery as part of a plan to focus on more stable operations.  More »

Energy stocks hammered after Obama wins election

U.S. energy stocks were sharply lower Wednesday after President Barack Obama secured re-election to a second term in the White House.  More »

Circor International energy unit relocates to Houston

A unit of valve and pipeline component maker Circor International Inc. has moved its offices from Oklahoma City to Houston as it seeks to make further inroads in the energy sector.  More »

Master limited partnerships offer low protections with their high returns

Master limited partnerships, an increasingly popular structure for investment in energy assets, offer higher potential returns but lower investor protections than other publicly traded mechanisms, Moody’s reports.  More »

Enterprise reports 23 percent profit jump

As profits grow on rising domestic energy production, the pipeline and storage company announced the launch of an expanded crude storage facility in Harris County Thursday.  More »

Protests or not, they have a pipeline to build

The teams start rolling out before daybreak, a rumbling cacophony orchestrated under floodlights and black skies.  More »

TransCanada to be audited by regulator over safety of pipelines

TransCanada Corp. (TRP), facing opposition from campaigners including actress Daryl Hannah to its planned Keystone XL oil pipeline, will be audited by Canadian regulators to check whether it meets safety and management standards.  More »

Calif. judge issues ruling in pipeline blast cases

A jury can decide if Pacific Gas & Electric Co. should pay victims of the deadly San Bruno pipeline blast punitive damages in civil court, a Northern California judge ruled Tuesday.  More »