The stage is set for the Senate to vote on the Keystone XL pipeline next week, following House approval of a bill to authorize the $8 billion project from Canada.
Yet as advocates, led by Sen. Mary Landrieu, D-La., neared the 60 votes needed to secure Senate passage of the same bill, President Barack Obama still appeared to hold the upper hand over Congress for now. The 252-161 vote for the project in the House fell 38 votes short of a veto-proof majority.
The Republican-led House on Friday easily passed legislation to approve the Keystone XL pipeline from Canada, setting the stage for a showdown vote in the Senate as soon as Tuesday.
The approval bill, sponsored by Rep. Bill Cassidy, R-La., passed on a 252-161 vote. The total fell well short, however, of the two-thirds margin that would be needed to override a veto by President Barack Obama.
Cassidy is to face Sen. Mary Landrieu, D-La., the co-sponsor of the Senate version of the bill, in a Dec. 6 runoff. She needs 60 votes for passage.
In Myanmar, President Obama maintained his position to let the regulatory process play out on the Keystone XL pipeline, dismissing claims that the project would be a significant job creating project and noting it wouldn't affect gas prices or boost U.S. energy production, The Hill reports.
Despite a new Republican majority in Congress intent on sending President Obama a Keystone XL pipeline approval bill early next year, environmentalists say they're as ready as ever to mobilize activists to fight the project, Politico reports.
Canadian Finance Minister Joe Oliver reaffirmed his country's commitment to advance TransCanada's Keystone XL pipeline project and expressed hope that it would eventually win approval, Reuters reports.
President Barack Obama said Wednesday he won't shortcut the ongoing State Department review of the Keystone XL oil sands pipeline project, minutes after incoming Senate majority leader Mitch McConnell said it would be among energy bills he would attempt to pass.
"There's an independent process, it's moving forward, and I'm going to let that process play out," Obama said at his post-election press conference. "I'm just going to gather up the facts."
Obama said he will still evaluate the project on a number of factors, including its impact on global warming and the outcome of a court case in Nebraska. He did not say, however, whether he would veto an approval bill sent to him by congressional Republicans.
McConnell, R-Ky., earlier Wednesday included the estimated $8 billion project in energy bills he said the new Senate Republican majority will send to Obama in the next Congress.
TransCanada said Tuesday it will be spending more on pipeline projects in Western Canada and Ontario even as its estimates for the cost of the long-delayed Keystone XL pipeline jump to $8 billion, The Wall Street Journal reports.
TransCanada has filed an application running more than 30,000 pages with the country’s National Energy Board, seeking approval of the Energy East pipeline which would carry Alberta oil sands crude east, a process likely to take some 18 months, The Canadian Press reports.
TransCanada says it will file an application with Canada’s National Energy Board on Thursday, asking for approval of its Energy East pipeline, a $10 billion project to transport oil sands crude east across the country from Alberta, Reuters reports.
Pioneer Natural Resources is the second U.S. firm, after Enterprise Products, to begin exploring how to take advantage of the end of the U.S. oil export ban and could begin shipments by the middle of next year, The Hill reports.
Two competing initiatives designed to give Florida residents a constitutional right to rooftop solar energy are running out of time without enough signatures yet to make next November's ballot, the Naples Daily News reports.
SolarCity CEO Lyndon Rive joined Sen. Charles E. Schumer in Buffalo this week to call the five-year extension of a federal tax subsidy "super important" to the continued growth of the solar power industry, The Buffalo News reports.
Continued concerns about oversupply forced oil prices downward early Wednesday, nearing an 11-year low already reached once this week. London Brent fell 31 cents to $37.05 a barrel while U.S. crude remained unchanged at $37.50, Reuters reports.
A group of researchers at MIT, the University of California-Berkeley, and the University of Colorado have developed a new computer microchip that uses optical technology and creates the potential to make future computer data centers more energy efficient, the journal Science reports.
A Japanese court on Thursday rejected safety concerns and approved letting Kansai Electric Power, the country's second biggest utility, restart four nuclear reactors shuttered since the 2011 Fukushima disaster, Reuters reports.