Category: Pipelines

Kinder Morgan, El Paso may sell $900 million line under pressure

Kinder Morgan (KMI) Inc. may reap more than $900 million if it has to sell natural-gas pipelines in the Rocky Mountains to secure federal approval of its $21 billion acquisition of El Paso Corp. (EP), scheduled to close in the second quarter.  More »

Obama administration rejects Keystone XL pipeline

The Obama administration on Wednesday refused to authorize the Keystone XL oil pipeline, saying a congressionally imposed deadline left too little time to evaluate routes that would avoid an aquifer in Nebraska.  More »

Alaskan Senate president wants oil tax bill

Senate President Gary Stevens said Tuesday that he would like the Senate to come up with its own bill on oil production taxes.  More »

Canadian PM says Iran threat justifies Keystone XL approval

Canadian Prime Minister Stephen Harper’s comments add to those made by some Republicans ever since Iran issued the threats to block its Strait of Hormuz, a path for one-fifth of the world’s oil.  More »

API takes Keystone XL case to South Carolina

API President Jack Gerard’s speech in the state hosting the next presidential primary highlights the group’s heightened lobbying and political efforts, especially on the Keystone XL pipeline, in key states ahead of the 2012 election.  More »

Keystone XL foes say supporters putting out misinformation

The Natural Resources Defense Council criticized what it has called misinformation by the controversial project’s supporters as a deadline for the Obama administration’s permitting decision looms.  More »

Loan guarantee likely wouldn’t apply to LNG line

An Alaska natural gas pipeline project that would serve overseas markets seemingly wouldn’t qualify for a loan guarantee under federal law.  More »

Controversy mars start of review of Asia pipeline

The chief of an aboriginal community that stands to be most affected by a proposed pipeline to Canada’s Pacific coast called the Canadian government’s environmental review of the project a song-and-dance on Tuesday.  More »

API debuts TV ad pressing Obama on Keystone XL

American Petroleum Institute President Jack Gerard had said the group would make TransCanada Corp.’s proposed 1,700-mile oil-sands pipeline, from Alberta to southeastern Texas refineries, a part of its election-year campaigning.  More »

Enbridge plans dive to investigate possible Gulf pipeline leak

Enbridge Inc. (ENB) is planning a dive to investigate a possible leak on its Stingray natural-gas pipeline in the Gulf of Mexico.  More »

TransCanada exec says Asian markets an option

A Canadian executive overseeing a plan to build a 1,700-mile oil pipeline from Canada to Texas says Canadian oil producers will look to Asian markets if the U.S. government fails to approve the Keystone XL pipeline project.  More »

Enterprise extends commitment period for Pennsylvania-Texas pipeline

Enterprise Product Partners is looking for more commitments from shippers for its proposed 1,230-mile Appalachia to Texas pipeline, known as the ATEX Express.  More »