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.
TransCanada CEO Russ Girling told Bloomberg that activists opposing the Keystone XL pipeline have "hijacked" the permit review process, and confirmed that the company intends to continue pushing the pipeline even if the Obama administration rejects it.
Another federal agency has spoken out against the Environmental Protection Agency’s proposed Waters of the U.S. rule, or WOTUS –- the Small Business Administration wrote a letter to EPA Administrator Gina McCarthy and a top official with the U.S. Army Corps of Engineers saying it’s worried about the economic impact of the regulation, The Hill reports.
Saudi Arabia’s move to cut its official crude price has sent oil prices tumbling early Thursday. U.S. benchmark crude sank $2.00 to $88.73 a barrel in electronic trading on the Nymex, while in London Brent crude plunged $2.15 to $92.01, Reuters reports.
A bearish outlook is taking hold of natural gas prices ahead of an expected announcement of a storage build from the Energy Information Administration combined with a mild October weather forecast, as Wednesday’s settlement for November delivery declined 9.8 cents to $4.023 per million British thermal units on the Nymex, Platts reports.
Goldman Sachs has cut its growth projections for future LNG demand and warns that investors should be wary about the costs of major projects and “realistic about expectations for further contracts,” Bloomberg reports.
State Sen. Kevin de Leon said he wasn’t sure whether to reintroduce legislation to reform the California Department of Toxic Substances Control in the wake of Gov. Jerry Brown’s veto of his bill, the Los Angeles Times reports.
The U.S. hasn’t achieved complete energy independence despite the impact of the shale boom, according to speakers at a panel discussion in Houston Tuesday evening, who disagreed on how that might be accomplished or if it’s even desirable, The Houston Chronicle reports.
Moves by the Maine Public Utilities Commission to boost the energy efficiency programs aimed at large customers are aimed at saving more than 44,000 megawatt-hours of electricity annually, Platts reports.
The American Legislative Exchange Council was caught by surprise when Google chief Eric Schmidt said in a radio show that the company was pulling out of ALEC because the organization was “lying” about climate change, new CEO Lisa Nelson told National Journal in an interview, adding that she’s had calls from companies seeking to join despite a recent wave of departure announcements.
Problems encountered by West Texas Guar Inc., which operated a processing facility to extract a thickening agent from the legume guar, has cost investors and farmers millions of dollars, The Wall Street Journal reports.
Sierra Oil & Gas, a private company created in the wake of Mexico’s energy reform, has a team with a combined 350 years’ experience and $525 million in financial backing from private equity investors, chief executive Ivan Sandrea told The Wall Street Journal.