Pipeline builder Enbridge Inc. is investing nearly $4 billion in a new round of construction that will increase the flow of Canadian oil sands crude to the U.S. Gulf Coast.
Enbridge, Canada's largest transporter of crude, said Tuesday it will expand its Flanagan South Pipeline from Flanagan, Illinois to Cushing, Oklahoma to a 36-inch (.9-meter) diameter line with a capacity of 585,000 barrels per day.
As President Barack Obama pushes to fast-track an oil pipeline from Oklahoma south to the Gulf Coast, an American Indian tribe that calls the oil hub home worries the route might disrupt sacred sites holding the unmarked graves of their ancestors, The Associated Press reports.
TransCanada officials tell Bloomberg that the timetable for the southern portion of the Keystone XL pipeline, being given expedited treatment by President Obama, already is on track to start construction as early as June and so the new urgency will not speed things up.
Gallup discloses the latest poll on approval of the Keystone XL pipeline from Canada to Texas: 57 percent of Americans say they favor approval of the project, while 29 percent said they are opposed, The Hill reports.
Canadian proponents of TransCanada's Keystone XL pipeline applauded Barack Obama's directive on Thursday to expedite the approval process for the southern leg of the pipeline. They also urged the U.S. president to approve the northern leg.
Obama directed federal agencies to expedite a 485-mile (780-kilometer) line from Oklahoma to refineries on Texas' Gulf Coast that would remove a critical bottleneck in the U.S. oil transportation system, backing a segment of the larger Keystone XL project that he rejected earlier this year.
Backers of a proposal for a new Alaska pipeline to carry natural gas to the state's south coast to a new liquefaction plant hold out hope for a return to the state's boom times, the Financial Times reports.
An administration official tells USA Today that President Obama on Thursday will call for a fast-track construction of the southern portion of the Keystone XL pipeline, which unlike the northern portion that he blocked can go ahead without federal approval
A proposed natural gas pipeline opposed by groups in New York and New Jersey has won the endorsement of staff from the Federal Energy Regulatory Commission, which must decide on the $850 million project, The New York Times reports.
No new rules on chemical safety and storage have been put into place a year after an ammonium nitrate explosion killed 15 people and damaged hundreds of homes in West, Texas, The Wall Street Journal reports, which notes the disaster has spawned disagreements instead.
With rhetoric growing more heated ahead of Ukraine talks set for Thursday, oil prices were back on the rise. WTI increased 88 cents Wednesday in electronic trading on the Nymex to $104.63 a barrel, while in London Brent crude hit $110 a barrel midmorning local time, Reuters reports.
The Texas Petro Index, monitoring the oil and gas industry in the state, hit a level in February not seen since 1980, according to the statistic’s creator, who said crude production for the month came to some 77.2 million barrels, FuelFix reports.
The Senate Majority PAC, providing money for vulnerable Democrats, picked up $11 million in the 1st quarter but other super PACs have been doing well with fund raising also, The Washington Post reports.
Railroads, used to operating under exclusively federal jurisdiction, are coming under increasing pressure to provide more information as they carry crude oil, and will face new rules forcing them to do so this summer, The New York Times reports.
Frigid weather this past winter that resulted in gas price spikes points to the need to improve the ways natural gas gets to market, but more pipeline capacity may not necessarily steady costs, panel members said at a gas forum in Atlanta, Platts reports.
Recent finds of mildly radioactive oil filter socks have triggered concern and illustrates how authorities in North Dakota are having trouble handling some aspects of the shale drilling boom, The Wall Street Journal reports.
As part of a two-year plan to dispose of some of its assets, BP is looking for buyers to take on rights for some 280,000 acres in the Texas Panhandle, in an area rich in natural gas that the company says would be better suited to an operator used to getting the most out of mature territory, FuelFix reports.