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.
The big House energy bill has attracted amendments including several to expand crude exports, one to repeal the Renewable Fuel Standard, and one—filed by Energy Committee ranking member Rep. Frank Pallone, D-N.J.—to delay implementation of the bill until its impact on climate change is determined, E&E reports.
The American Coalition for Clean Coal Electricity estimates it will cost up to $292 billion for the energy sector to comply with the Environmental Protection Agency’s Clean Power Plan, and while EPA and green groups say that’s a big overestimate, utilities and grid operators have yet to weigh in, E&E reports.
Word that the decline in September U.S. crude production was smaller than the Energy Information Administration had predicted weighed on prices Monday. Light, sweet crude—which lost 11 percent this month—lost 6 cents on the January contract, settling at $41.65 a barrel on the Nymex, while in London, Brent was down 25 cents to $44.61, The Wall Street Journal reports.
Doug Lawler, who took over as CEO at troubled Chesapeake Energy Corp. two years ago, has dodged most public criticism even though the company continues to face problems after the significant spending cuts he has put in place, The Wall Street Journal reports.
The Environmental Protection Agency has told a federal appeals court that it has reversed its approval for Dow Chemical’s Enlist Duo while it reviews information from the company that the pesticide may be more toxic to plants than previously thought, The Hill reports.