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.
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.
Brent crude for December extended its rebound to rise 34 cents to $86.16 a barrel as Goldman Sachs speculated that the recent steep drop in price was excessive. West Texas Intermediate gained 5 cents to settle at $82.75 a barrel, Bloomberg reports.
Officials from several OPEC members outside the Persian Gulf are calling for a reduction in production in response to falling oil prices, as Saudi Arabia and other Gulf states seek to keep the ceiling high, The Wall Street Journal reports.
Russian President Vladimir Putin warned that the global economy could collapse if the price of oil stays near $80 a barrel for an extended period but downplayed arguments that low prices will significantly devalue Russia's currency, Business Insider reports.
As global oil prices trend downward, 80 of the oil industry's largest crude oil tankers are headed for Chinese ports, marking the largest number of shipments in nine months and indicating China may be boosting purchases, Bloomberg reports.
An Environmental Protection Agency study has found that neonicotinoid pesticides, linked to the death of bees and other insect pollinators, have had little effect to boost the size of soybean yields, The Globe and Mail reports.
Energy Secretary Ernest Moniz praised Abengoa's new plant-waste biofuels plant in Kansas as the future of the ethanol production, as it doesn't force competition between ethanol producers and food suppliers, The Associated Press reports.
The Environmental Protection Agency has approved a greenhouse gas permit for Natgasoline's proposed methanol plant in Beaumont, Texas, ending the final regulatory hurdle for the project that could cost as much as $1.8 billion, the Beaumont Enterprise reports.
Entergy officials estimated that the cost to decommission the Vermont Yankee nuclear plant will be $1.24 billion, and the company has about half the needed value in its decommission fund, The Associated Press reports.