Tag: Pipelines
ING bank will not finance Canadian pipeline projects
ING Bank pressured by activists Under pressure from activists, Dutch lender ING Groep NV says it will not finance any major Canadian pipeline projects, including Keystone XL, Energy East and Enbridge’s Line 3. Earlier this month, ING publicly disavowed Kinder Morgan Canada Ltd’s Trans Mountain Pipeline expansion project, but did not name any other pending […]
Alberta oil sands need pipelines as large output growth expected through 2019
Potential exists for further technological innovation to alter course of oil sands production in future Large oil sands production growth is expected through 2019—making Canada the second largest source of global supply growth during that time, according to a new report from IHS Markit. More modest, but sustained growth is expected beyond 2019, with oil […]
Enbridge eyes market share on cloudy competitors’ future
Enbridge forecast rise in adjusted earnings for 2017 The Executive Vice President of Enbridge Inc says the pipeline company will take advantage of its competitors’ woes to gain market share and may begin early discussions on a new tolling agreement after 2022. Guy Jarvis did not name the rivals, but did tell attendees at an investors event […]
Greenpeace looks to regulator to halt Trans Mountain IPO
Trans Mountain pipeline given approval by federal gov’t last year Environmental group Greenpeace is asking the Alberta securities regulator to halt Kinder Morgan’s IPO for the Trans Mountain pipeline until the company discloses the climate change risks associated with the pipeline to its potential investors. Kinder Morgan is looking to raise $1.75 billion in its […]
New pipeline infrastructure should accommodate rise in Permian oil production
After 2017, several new pipelines and expansions planned that could carry additional increases in Permian production As crude oil production in the Permian Basin of western Texas and eastern New Mexico has increased, pipeline infrastructure has also increased to deliver this crude oil to demand centers on the US Gulf Coast, according to the US […]
Not building pipelines in northeast United States would be ‘devastating’
By Nicole Jacobs, EnergyInDepth The U.S. Chamber of Commerce’s Institute for 21st Energy recently released the fifth instalment of its Energy Accountability series: What if pipelines aren’t built into the Northeast? The report finds that such a decision would be devastating to residents in the six New England States: Pennsylvania, New York, New Jersey, Ohio […]
Pipeline regulator PHMSA raises penalties for safety violations
Maximum PHMSA penalty now $209,002 per day the violation continues The US Pipeline and Hazardous Materials Safety Administration (PHMSA) said on Friday that it is increasing the maximum civil penalties that may be imposed for federal pipeline safety laws violations. The MHMSA has changed the maximum penalty for a single violation is now $209,002 for every day […]
Natural gas pipeline from western Canada to Chicago considers expanding
After processing at Aux Sable, natural gas is delivered to several major interstate natural gas pipelines Owners of the Alliance pipeline, one of the longest natural gas pipelines in North America, are in the early stages of assessing interest in expanding its capacity to transport natural gas from western Canada to Chicago, Illinois, according to […]
Is LNG or pipeline gas more carbon-intensive? The answer may surprise you
LNG accounts for only 10 per cent of total natural gas traded across the globe, yet its rate of growth is almost twice as fast as pipeline gas, making it an important part of the portfolios of major oil and gas companies, according to analysis from Wood Mackenzie. But while the process of piping natural gas to […]
New online portal gives Canadians access to traffic data for NEB-regulated pipelines
Some companies are exempt from filing pipeline traffic data The National Energy Board (NEB) is launching an interactive online tool that provides Canadians with information on what products are moving through NEB-regulated pipelines. The Pipeline Portal provides easy-to-use information on what has been shipped on most large NEB-pipelines since 2006. Where available, data is provided […]
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