Obama administration officials on Tuesday blasted legislation that aims to streamline the permitting of pipelines and power lines that cross U.S. borders, saying the bill would short-circuit critical environmental reviews and hamper the public’s ability to weigh in.
Activist investor Sandell Asset Management Corp. urged Spectra Energy Corp. to consider swapping its half of DCP Midstream LLC for units of a pipeline partnership controlled by Phillips 66, arguing it would raise shareholder value.
Plains All American Pipeline LP agreed to buy all the shares of PAA Natural Gas Storage LP it didn’t previously own after raising its offer 1.5 percent, in a deal that values the company at $2 billion.
FuelFix.com is your daily must-read source for news and analysis on the energy business. Anchored by business reporters at the Houston Chronicle and other Hearst Newspapers, Fuel Fix incorporates blogs by energy experts, market updates, useful data and a real-time summary of the top ideas, hottest stories and latest news in the oil, gas and energy industries.
Browse previous blog posts by month and year of entry. You'll see all the posts for that time period.