Business & Markets
Pipelines Help Alberta’s Economy Grow Faster Than Expected
Crude oil pipeline construction projects provide a boost to Alberta's economy.
OPEC and Allies Likely to Extend Production Cuts at Meeting
VIENNA (AP) — With crude prices at two-year highs, OPEC and allied oil producing-nations appear ready to agree to extend their output cuts at a meeting Thursday after Iraq’s energy minister said there was broad agreement for such a move. Benchmark crude prices are now close to $60 a barrel, dependi..
National Grid to Soon Begin Work on Pipeline Construction Project
National Grid today announced it plans to begin construction of a tunnel for the Humber Pipeline Replacement Project in early 2018, with a 160-meter tunnel boring machine expected to arrive next week. The company has awarded a £100m contract to build the tunnel to Skanska, PORR Bau GmbH and A. Hak...
Report: Keystone Pipeline Leak Likely Caused by 2008 Damage
AMHERST, S.D. (AP) — A federal agency says a leak in TransCanada Corp.’s Keystone oil pipeline in South Dakota likely was caused by damage during construction in 2008. The Pipeline and Hazardous Materials Safety Administration issued a corrective action report Tuesday on the estimated 210,000-gallo..
Iraq Wants To Build Gas Pipeline To Kuwait In Blow To Shell
Iraq hopes to move ahead with a natural gas pipeline construction project to Kuwait.
Backers, Foes of Keystone XL Seek Clarification in Ruling
Opponents and supporters of the Keystone XL pipeline construction project file motions asking Nebraska regulators to reconsider alternate route approval.
IEA Boss Sees Oil Markets Tightening In 2018
Global oil markets may tighten in the second half of next year as long as demand remains strong and OPEC and its partners in the production cut agreement extend it, the head of the International Energy Agency Fatih Birol told Reuters on the sidelines of an energy industry event in Norway. “It’s up ..
2 Gulf Oil Ministers Mum on Issue of OPEC Production Cuts
DUBAI, United Arab Emirates (AP) — Energy ministers from both Saudi Arabia and the United Arab Emirates dodged questions Tuesday about whether OPEC will extend the cartel’s oil production cuts, saying the decision will come at a planned meeting in Vienna later this week. OPEC agreed in September 20..
Final Hearings Delayed on Proposed Natural Gas Power Plant
PROVIDENCE, R.I. (AP) — State regulators have granted an extension to push back final hearings on a proposed natural gas-fired power plant in Rhode Island. The Providence Journal reports the Energy Facility Siting Board approved the 90-day extension filed by the Conservation Law Foundation Mo..
TransCanada to Resume Operation of Keystone Pipeline
AMHERST, S.D. (AP) — TransCanada Corp. plans to resume operation of its Keystone pipeline nearly two weeks after crews shut it down in response to an estimated 210,000-gallon oil spill in South Dakota. The company said in a statement that it will operate the pipeline at reduced pressure beginning T..
More Trans Mountain Route Hearings Scheduled
Canada’s National Energy Board (NEB) has announced detailed route hearings for Segments 3 & 4 of the Trans Mountain Expansion Project are expected to begin in February 2018. The hearings will take place in Valemount and Clearwater, B.C. and are expected to address 20 statements of opposition to Kind..
Michigan Regulators, Enbridge Set 2018 Deadline for Line 5 Pipeline Decision
TRAVERSE CITY, Mich. (AP) — Michigan officials and Enbridge Inc. have set a deadline of Aug. 15, 2018, to determine the future of twin oil pipelines beneath the waterway where Lakes Huron and Michigan converge. The date is part of an agreement announced Monday amid rising concerns about the safety ..
Michigan, Enbridge Reach Deal to Boost Line 5 Pipeline Safety
TRAVERSE CITY, Mich. (AP) — Michigan Gov. Rick Snyder and Canadian oil transport company Enbridge Inc. announced an agreement Monday intended to boost the safety of twin oil pipelines beneath the waterway where Lakes Michigan and Huron converge. The deal does not call for the decommissioning of Lin..
U.S. Energy To See Huge Investments From China
During President Trump’s visit to China, the U.S. signed US$250 billion worth of potential trade and investment deals that would boost American exports to China and Chinese investment in the United States. The two single largest potential deals were signed in the energy sector at the official U.S.-..
Ohio Regulators Order Stoppage of Rover Pipeline Drilling Activities
Regulators in Ohio order Energy Transfer Partners to stop horizontal directional drilling activities along the Rover pipeline construction project.
US Appeals Court Orders Halt on Natural Gas Pipeline in Ohio
Appeals court halts work on the Nexus Gas Transmission pipeline construction project.
Open Season Launched for Pipeline Construction Project in Wyoming
Genesis Energy commences an open season for a crude oil pipeline construction project in Wyoming's Powder River Basin.
Can The Gas Glut Kill The Permian Boom?
An over abundance of natural gas could negatively impact future pipeline construction projects in the Permian Basin.
Dakota Watchdog Warns It Could Revoke Keystone XL Approval
South Dakota regulators say they might revoke their approval of the Keystone XL pipeline construction project if TransCanada was in breach of its license.
Alaska Governor Touts Pipeline Project that Faces Hurdles
Alaska's governor highlights the benefits of a proposed natural gas pipeline construction project.
TransCanada to Test Water Near Keystone Pipeline Spill
AMHERST, S.D. (AP) – A South Dakota official says TransCanada Corp. plans to test water from a drainage ditch near the site of a 210,000-gallon oil spill from the Keystone pipeline to determine if it is polluted. Brian Walsh, a manager at the South Dakota Department of Environment and Natural Resou..
Lawsuit Accuses Utilities of Jacking up Natural Gas Prices
BOSTON (AP) — A class-action lawsuit has accused two utilities of conspiring to drive up energy costs in New England in a multi-year scheme that affected millions of customers. The lawsuit filed this week in Boston federal court alleges Eversource Energy and Avangrid Inc. used their market po..
Keystone XL Is Far From Certain
Despite receiving route approval in Nebraska yesterday, the Keystone XL pipeline construction project is not guaranteed to proceed.
Final Report Analyzes Options for Enbridge's Line 5 Pipeline
TRAVERSE CITY, Mich. (AP) — State officials have released a final analysis of options for the future of a controversial oil pipeline that runs beneath the channel linking Lakes Huron and Michigan. The report by the Canadian consulting firm Dynamic Risk lists six alternatives. Among them is contin..
Chevron Joint Venture Signs $1.7B Oil, Gas Deal In Nigeria
Pipeline construction project part of $1.7 billion oil and gas agreement between Chevron and the Nigerian National Petroleum Corporation.
Climate Activist Goes on Trial for Montana Pipeline Shutdown
A trial is underway for a protester accused of shutting down oil pipeline construction projects in four states.
A New Era for Argentine Gas Pipelines
Argentina increases investment in natural gas pipeline construction projects.
Spain Well-Entrenched as Natural Gas Island
Natural gas pipeline construction projects booming in Spain.
Alternative Keystone XL Route OKed in Nebraska
Nebraska regulators approve alternate route for the Keystone XL pipeline construction project.
Nebraska's Keystone XL Vote May Not be a Clear Yes or No
As a vote approaches, it's not clear how Nebraska regulators will rule on TransCanada's Keystone XL pipeline construction project.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Boardwalk Approves 110-Mile, 1.16 Bcf/d Mississippi Kosci Junction Pipeline Project
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Enbridge Should Rethink Old, Troubled Line 5 Pipeline, IEEFA Says
- Caspian Pipeline Consortium Lowers 2024 Oil Export Forecast Again
