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 Environmental Protection Agency has announced that the deadline for compliance with the 2013 Renewable Fuel Standard – which mandated the blending of 16.55 billion gallons of biofuels into U.S. transportation fuels – will now be 30 days after the long-delayed publication of the final rule on the 2014 standard, Platts reports.
In Pittsburgh, street action appeared to outweigh the testimony inside the Environmental Protection Agency hearing on its rule limiting carbon emissions from existing power plants, as thousands of coal miners rallied against the measure, faced off by a smaller number of climate activists, E&E reports.
The Department of Energy has granted Oregon LNG a 20-year conditional permit to export natural gas to countries that don’t have free trade agreements with the U.S., now it’s up to the Federal Energy Regulatory Commission to approve plans for construction of facilities, FuelFix reports.
A project in Freeport, Texas to export liquefied natural gas – which already has a permit from the Department of Energy – has now won approval from the Federal Energy Regulatory Commission to start construction, The Hill reports.
Word that a refinery in Coffeyville, Kansas might be shut for up to four weeks following a fire Tuesday has sent crude prices plummeting. Benchmark West Texas Intermediate dropped $2.10 to settle at $98.17 a barrel on the New York Mercantile Exchange Thursday, while in London Brent crude fell 49 cents to $106.02, Reuters reports.
Tax incentives for drilling and capital expenditures mean drillers active in the shale boom are deferring paying billions in income taxes, according to the group Taxpayers for Common Sense, The Wall Street Journal reports.
Hundreds rallied in Boston Wednesday to express their opposition to a Kinder Morgan natural gas pipeline proposed to run through northwest Massachusetts, urging Gov. Deval Patrick to pull his support from it, The Associated Press reports.
Increasing taxes on certain forms of energy -– gasoline, in particular -– would encourage people to use cleaner fuel more efficiently, offering health benefits and a leg up in the fight against climate change, according to the International Monetary Fund and its president Christine Lagarde, National Journal reports.
Apache Corp., whose second quarter profit of $505 million was half the amount it earned a year earlier, said Thursday it might look to sell off its international assets to concentrate on drilling in U.S. shale, and that it was already trying to find a buyer for its stake in a Canadian natural gas project, and alternative financing for one in Australia, The Wall Street Journal reports.