Alaska is looking to terminate a contract negotiated with TransCanada to build a natural gas pipeline and liquefied natural gas project, as the development's circumstances have changed since the 2009 agreement to include more companies, Platts reports.
Environmental Resources Management, one of the contractors that assisted the State Department's review of the Keystone XL pipeline, is a member of several energy industry organizations backing the project, drawing new scrutiny from environmentalists, Politico reports.
Citing corporate conflicts of interest, Rep. Raul Grijalva, D-Ariz., and 23 other House Democrats called on President Obama not to accept an environmental review of the Keystone XL pipeline by the State Department's current contractor, The Hill reports.
TransCanada said it began moving oil into the southern portion of the Keystone XL pipeline, the first step for the pipeline to deliver oil from Cushing, Okla. to Gulf Coast refineries, FuelFix reports.
TransCanada Corp. said the southern portion of the Keystone XL pipeline would be ready to ship oil by mid-January, backing off the anticipated start date of Jan. 3 it submitted to the Federal Energy Regulatory Commission, Bloomberg reports.
NextGen Climate Action, founded by billionaire climate activist Tom Steyer, will co-host hold a summit in Washington today to make the case that the Keystone XL pipeline will not meet President Obama's standards on carbon emissions, The Hill reports.
JUNEAU, Alaska (AP) — An Alaska official said Monday the state is looking at taking a multibillion-dollar equity stake in a major natural gas pipeline project as a way to protect its interests and help make the long-hoped-for project a reality.
TransCanada President for Energy and Oil Pipelines Alex Pourbaix said the regulatory challenges facing the Keystone XL pipeline will likely be the same for other cross-border pipeline applications, The Hill reports.
Protesters opposed to the Keystone XL oil sands pipeline managed to disrupt President Barack Obama's speech in Boston and demonstrate outside a fundraiser he attended later in the evening, a reminder that the project remains a sore point for environmental groups.
During a speech on the Affordable Health Care at Faneuil Hall, Obama was interrupted twice by Keystone protesters. "Mr. President, don't punish me. For our generation, stop the pipeline! Mr. President," yelled one unidentified protester just as he began speaking, according to a White House transcript.
A senior official with the American Council for Capital Formation, which is funding “Unlock Crude Exports,” a new push to repeal the ban on shipping U.S. crude overseas, says doing so would allow the country to take full advantage of its energy boom, FuelFix reports.
The Environmental Protection Agency’s proposed rule to limit air pollution from refineries could have the opposite effect because it would force installation of new flaring systems instead of continuing the trend of reducing flaring, according to comments the American Petroleum Institute filed on the regulation, The Hill reports.
Oil was sliding again early Thursday after the Federal Reserve wound up its asset-purchase program and the Energy Information Administration reported the highest level of U.S. production since the 1980s. West Texas Intermediate crude for December delivery fell 81 cents to $81.39 a barrel in electronic trading on the Nymex, while in London Brent lost 86 cents to $86.26, Bloomberg reports.
Sen. Mary Landrieu, D-La., made a pointed reference to her influence as chair of the Senate Energy and Natural Resources Committee while Republican candidate Rob Maness emphasized his support for increased oil and gas drilling, during the final debate of the campaign before the state’s Nov. 4 “jungle primary,” The Times-Picayune reports.
Republican Senate candidate Scott Brown visited the Seabrook nuclear plant Wednesday, and later in a statement accused incumbent Sen. Jeanne Shaheen, D-N.H., of failing to support nuclear power, but she responded by saying nuclear energy is an important part of the fight against climate change, The Associated Press reports.
Osaka Gas Co. and Chubu Electric Power Co., which have contracted to buy gas from the proposed Freeport LNG terminal, will also supply $1.2 billion toward construction of the first unit, while $3.85 billion will come from Japanese banks, FuelFix reports.
Plaintiffs in a class action lawsuit against Exxon Mobil over a 2013 oil spill in Arkansas filed a motion in court this week demanding that the company make public documents about the maintenance and repair of the Pegasus pipeline, The Associated Press reports.
A spokesperson for the European Commission says a marathon negotiating session Wednesday failed to generate an agreement in the gas dispute between Russia and Ukraine, and talks are continuing Thursday, Reuters reports.
Iran may still be wrestling with finding a way to cut a deal with the West over its nuclear program, to ease biting sanctions, but falling oil prices have added even more pressure to the situation, The New York Times reports.