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.
Supporters of the Keystone XL pipeline worry that the naming of project opponent John Podesta as an energy and climate adviser to President Obama could impact a final approval decision, National Journal reports.
OPEC's crude oil production fell below its 30 million barrel-a-day ceiling in November as Saudi Arabia cut output, resulting in the organization's lowest production level since May 2011, Bloomberg reports.
The European Parliament approved a plan aimed at addressing an oversupply of permits in the European Union's carbon market by delaying the allotment of one-third of new permits over the next three years, The New York Times reports.
The Regional Greenhouse Gas Initiative, an organization of nine Northeast states cooperating on emissions reduction, moved to lower the existing cap for greenhouse gas emissions from power plants for next year, The Associated Press reports.
Environmental Protection Agency Administrator Gina McCarthy praised the "urgency" of China's efforts to combat climate change and called for cooperation with the U.S., according to her prepared remarks for a speech in Beijing, The Washington Post reports.
Following the example of the World Bank and the United States, the European Bank for Reconstruction and Development said it would no longer finance coal-fired energy projects in Europe and Asia except in rare circumstances, Bloomberg reports.
Duke Energy submitted a nearly $1.2 billion decommissioning plan for the shuttered Crystal River plant in Florida to the Nuclear Regulatory Commission, projecting the effort will take 60 years to complete, the Tampa Bay Times reports.