Tuesday, November 5, 2024

Energy East News

TC Energy: Order Blocking Keystone XL Pipeline Lifted

File Image (CREDIT: AdobeStock / © Diter)

TC Energy Corp's long-delayed Keystone XL oil pipeline took a small step forward this week, after a U.S. court overturned an injunction that barred certain work on the project, the company said.The company, which…

Neptune Acquires Interests in Offshore Indonesia

Neptune Energy East Sepinggan, subsidiary of the European exploration and production company Neptune Energy has agreed to acquire interests from the Eni East Sepinggan Limited, a unit of Eni in the Kutei basin…

Canada Dreams of Oil Exports to Asia, but California Beckons

The nationalization of a crude oil export pipeline in western Canada has buoyed long-standing hopes for crude exports to markets beyond the United States - but the most likely destination for much of that oil is California.

Kinder Morgan Halts Most Work on Disputed Canada Pipeline

Kinder Morgan Canada on Sunday suspended most work on a C$7.4 billion ($5.8 billion) oil pipeline expansion that has become the focus of protests, a move underscoring uncertainty over major energy projects in Canada.

ING Will Not Finance Major Canadian Pipeline Projects

© Leonid Eremeychuk / Adobe Stock

Dutch lender ING Groep NV has said it would not finance any of Canada's major pipeline projects, including TransCanada Corp's Keystone XL and Energy East and Enbridge Inc's Line 3, after pressure from activists.

Enbridge Eyes Market Share as Competitors' Pipes in Limbo

Canada's Enbridge Inc will take advantage of the uncertainty facing competitors' pipelines to gain market share, including starting early discussions on a new tolling agreement after 2022, a senior executive said on Thursday.

Canada Mulls Single Body to Assess Pipelines

Canada needs a single federal authority to assess the potential impact of major projects such oil pipelines and mines, a move that could help quell environmental protests, an official panel said on Wednesday.

Cenovus Mulls Restart of Two Oil Sands Projects

Canadian oil and gas producer Cenovus Energy Inc said on Thursday it is doing engineering and design work at two of its deferred oil sands projects in northern Alberta and it could potentially reactivate them in 2018 and 2019, respectively.

Canada to Restart Review of Energy East Pipeline

Canada's energy regulator on Friday scrapped a partially completed hearing into TransCanada Corp's proposed Energy East pipeline and said the process would start again from the beginning. The National Energy Board…

Energy East Pipeline woes Worry Canada's Atlantic Coast

For years, heavy equipment operator Ashley Underhill has tried to defy the notion that one could only make a good living in Canada's poorer east coast by spending most of the time away from the family in the nation's western oil patch.

Canada Indicates it Won't Demand Regulator Change Pipeline Panel

Canada on Friday indicated it would not press the country's energy regulator to remove members from a panel looking into Transcanada Corp's proposed Energy East pipeline despite protests over their actions. Energy…

TransCanada Pipeline Approval Hearing Suspended

Canada's National Energy Board on Tuesday suspended Montreal hearings on TransCanada Corp's proposed Energy East pipeline for the rest of the week after protests disrupted the first day on Monday. The board, Canada's energy regulator…

Alberta Premier: Canada PM "Aligned" on Pipeline Policy

Canadian Prime Minister Justin Trudeau and his cabinet are broadly "aligned" with Alberta and the need to develop pipelines to get the region's oil to market, the leader of the province said on Sunday. Alberta…

TransCanada: Quebec Halting Pipeline Injunction Request

TransCanada Corp said on Friday the Quebec government is suspending its request for an injunction against the Energy East crude oil pipeline after the company agreed to submit to a provincial environmental assessment.

Alberta to Fly Oil via Airships, It Says on April Fools

Canada's oil-producing province of Alberta, stymied by the U.S. decision to block the Keystone XL pipeline and by other market access problems, said on Friday it will use zeppelins to bring its products to markets around the world.

Quebec Gov't Files Injunction Against Energy East Pipeline

The Canadian province of Quebec said on Tuesday it would seek an injunction against TransCanada Corp's proposed Energy East pipeline, saying the Quebec portion of the project had to be evaluated under provincial law.

TransCanada Needs to do More to Get Energy East Permit

TransCanada Corp must "do its homework" and meet a number of conditions to stand any chance of being allowed to build its proposed Energy East pipeline in the province of Quebec, a senior official said on Friday.

Canada Extends Decision Period for Oil Pipelines

The Canadian government announced an extension of time for reviewing and deciding on whether to let two key crude oil pipelines go ahead, in an attempt to spur deeper consultations and an assessment of greenhouse gas emissions.

Canada to Set New Rules for Energy Reviews

The Canadian government will unveil new rules for environmental reviews of major energy projects later on Wednesday, Natural Resources Minister Jim Carr told reporters. Prime Minister Justin Trudeau said on Tuesday…

TransCanada Launches Oil Trading Group

Canadian pipeline operator TransCanada Corp has started trading oil through a new liquids trading group based in Calgary, Alberta, a spokesman for the company confirmed on Friday. TransCanada, which already operates…