With the Keystone XL pipeline still delayed, Transcanada has filed with the State Department to get approval for the Upland Pipeline, which would bring Bakken crude north to Saskatchewan, The Wall Street Journal reports.
TransCanada has pushed back the projected start date for its Energy East pipeline for two years, dropping plans for a Quebec terminal on fears of its impact on beluga whales, The Wall Street Journal reports.
LINCOLN, Neb. (AP) — Opponents of the Keystone XL pipeline appealed to Nebraska lawmakers on Wednesday in their latest effort to overturn the state law that allowed former Gov. Dave Heineman to approve a route through the state.
About 60 landowners and activists rallied at the state Capitol in Lincoln as pipeline developer TransCanada Corp. defended its use of eminent domain to gain access to property owned by holdouts.
A spokesman for TransCanada says a second Nebraska judge is expected to issue a temporary injunction on Thursday, preventing the company from using eminent domain to seize land needed for the Keystone XL pipeline project, The Associated Press reports.
Congressional Republicans are poised Tuesday to send President Obama their legislation forcing approval of the Keystone XL oil pipeline from Canada as a new report indicates oil from the project would stay mostly in the United States.
Just a few weeks ago, a rapid decline in oil prices spurred critics of the Keystone XL pipeline and even the Environmental Protection Agency to argue that approval of the project would worsen greenhouse gas emissions.
But now, oil prices are rising again thanks to turbulence in oil-producing nations and a union strike in the U.S., turning the tables on such criticism and highlighting how quickly the market can affect pipeline politics.
The Gulf Coast line – the southern leg of the Keystone pipeline system – becoming operational helped pipeline operator TransCanada to a bigger profit in the fourth quarter, beating analysts’ expectations, and leading the company to declare an 8 percent increase in its dividend, the Financial Post reports.
TransCanada will reveal a proposal to build the Upland Pipeline, a new 200-mile line to link up with North Dakota’s Bakken Shale, when it reports earnings Friday, a project which will need U.S. government approval, a person with information about the plan told The Wall Street Journal.
“A unified legislative response” is needed to address the complex issues surrounding the West’s drought problem, Energy and Natural Resources Committee Chairman Sen. Lisa Murkowski, R-Alaska, said at a hearing Thursday, E&E reports.
For the second time, FutureGen Industrial Alliance is trying to get its Illinois clean coal project revived, and has engaged former Sen. Mary Landrieu to lobby to restore federal backing, The Hill reports.
Oil prices gained 9 percent on the week after holding relatively steady Friday. Light, sweet crude for November delivery finished 20 cents higher to settle at $49.63 a barrel on the Nymex, while in London, Brent lost 40 cents to $52.65, Dow Jones reports.
Oil prices may be rebounding but it will take time for demand to pick up again, Bernard Deroc-Danner, chief of oil field services company Weatherford International, told The Wall Street Journal, as he defended the firm’s job cuts.
Google's Nest Labs, Commonwealth Edison, and several other utility partners have launched a program aiming to get 1 million smart thermostats into homes in Northern Illinois in the next five years, E&E reports.
The SunPort, which plugs into outlets and gives the users access to solar energy through solar credits, has won startup PlugSolar an award from the Consumer Electronic Association, opening the door to more investment funding, Albuquerque Business First reports.
Calling Petrobras’ April move to write down 6.2 billion reais lost to corruption as just “the tip of the iceberg,” a prosecutor said Friday the scandal may end up costing the company more than 20 billion reais—$5.3 billion at the current exchange rate, Reuters reports.
A planned debate between Republican presidential candidates on energy and environment issues in New Hampshire this week was cancelled after only two agreed to come, and a similar forum for Democrats has been postponed, The Huffington Post reports.