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.
In a notice filed in the Federal Register Friday, the Environmental Protection Agency said it won’t decide until February whether to block work on Alaska’s Pebble Mine, giving itself more time to review the extensive public comments it has received, The Hill reports.
Environment and Public Works Committee chair Sen. Barbara Boxer, D-Calif., has weighed in on the negotiations over new chemical safety legislation, raising GOP hackles by making public a draft being worked on by ranking Republican Sen. David Vitter of Louisiana along with her critique of it and her own proposal, E&E reports.
Rob Merrifield, the man who’ll be Alberta's next envoy in Washington, told The Globe and Mail in an interview that an oil train disaster similar to the destructive derailment in Lac-Megantic would finally force U.S. officials into approving the Keystone XL pipeline.
Shares in TransCanada, the company behind Keystone XL, have increased 70 percent in the six years the project has been stalled – that’s one of the points Bloomberg Businessweek notes as it looks back over the history of the proposed pipeline.
Ahead of the summit next week in New York, more than 1,400 organizations have been planning for a People’s Climate March Sunday that will be the largest protest on the issue in history, to include the famous and the powerful like U.N. Secretary General Ban Ki-moon, Rolling Stone reports.
Preliminary reports blamed the radiation leak at the Waste Isolation Pilot Plant in New Mexico on a single ruptured barrel that came from Los Alamos National Laboratory, but Joe Franco, who manages the Department of Energy’s field office in Carlsbad, told a public meeting that there may have been a problem with plutonium contamination from a second container, Reuters reports.
Rising inventories and a dollar gaining on the expectations of an interest rate hike pressured oil prices Friday. West Texas Intermediate crude for October delivery fell 66 cents to $92.41 on the Nymex but ended the week slightly higher, while in London November Brent settled up 69 cents to $98.39, an increase of 1.3 percent on the week, Bloomberg reports.
German giant Siemens AG is likely to edge out rival bidder Sulzer of Switzerland to take over Texas oil equipment-maker Dresser-Rand, as it’s preparing a cash offer topping $6 billion, people familiar with the situation told The Wall Street Journal.
Ethanol assessments were at their lowest point in more than four years Thursday after an Energy Information Administration report indicating supplies hit an 18-month high of 18.8 million barrels the week ending Sept. 12, Platts reports.
The Scottish “no” vote on independence – which was welcomed by Royal Dutch Shell's CEO – lifts the burden of uncertainty from oil companies, leaving them clear to focus on how to get more out of declining North Sea oilfields, Platts reports.