July 2015

Kinder Morgan building $3.3B natural gas pipeline to New England market

Energy Financial

Kinder Morgan announced Wednesday it is buying out Shell’s interest in  Elba Liquefaction Co. joint venture Natural gas from northeastern shale fields will be moving to New England via a new $3.3 billion pipeline to be built and operated by Houston-based Kinder Morgan. Kinder Morgan Inc.’s board of directors approved the investment Thursday, which was first proposed in 2014, […]

Kinder Morgan building $3.3B natural gas pipeline to New England market Read More »

Arctic Gateway pipeline for Alberta crude oil being discussed

News

Arctic Gateway pipeline would move crude to NWT, ship from Beaufort Sea The Northwest Territories government has been talking to pipeline companies about shipping crude oil through an Arctic Gateway pipeline, according to the territory’s minister in charge of resource development. David Ramsay and N.W.T. Premier Bob McLeod have for some time been touting the concept of

Arctic Gateway pipeline for Alberta crude oil being discussed Read More »

200th American coal plant closed: Sierra Club should hold the celebrations

Markham on Energy

Coal consumption is rising because developing Asian nations want North American-style economy, lifestyle Yesterday the Sierra Club issued a press release boasting about phasing out the 200th coal-fired power plant in America. Break out the champagne, global climate change defeated? Only if you ignore Asia, particularly China and India. The occasion for celebration was the announcement

200th American coal plant closed: Sierra Club should hold the celebrations Read More »

Despite oil train wrecks, record auto recalls, GOP bill looks to roll back safety rules

News

Oil train provision in bill would block new DOT train regulations WASHINGTON – At a time of record auto recalls and high-profile oil train wrecks, Republicans are working on legislation to roll back safety regulation of the auto and railroad industries. A bill approved this week on a party-line vote by a Senate committee brims with industry-sought

Despite oil train wrecks, record auto recalls, GOP bill looks to roll back safety rules Read More »

Feds proposed coal mines regulations reduce impact on streams

News

Coal mines rules would prevent coal mining within 100 feet of streams WASHINGTON _ The Obama administration proposed new regulations Thursday designed to reduce the environmental impact of coal mining on the nation’s streams, a long-anticipated move that met quick resistance from Republicans, even as the administration projected only modest job losses in coal country. Current federal regulations

Feds proposed coal mines regulations reduce impact on streams Read More »

Louisiana politicians back Taylor Energy bid for settlement in 2004 Gulf oil leak

News

Taylor Energy oil platform toppled by Hurricane Ivan WASHINGTON – Capitol Hill lawmakers from Louisiana have intervened on behalf of a New Orleans company that has failed to stop a decade-old oil leak in the Gulf of Mexico but lobbied for a refund of money reserved for spill containment work, according to letters obtained by The Associated Press through

Louisiana politicians back Taylor Energy bid for settlement in 2004 Gulf oil leak Read More »

Elba Liquefaction Company: Kinder Morgan buys 100% interest, invests $630M

News

Shell sells 49% interest, subscribes to 100% of liquefaction capacity of Elba Liquefaction Company Kinder Morgan is buying the remaining 49 per cent interest in the Elba Liquefaction Company LNG plant and investing another $630 million in the facility as it awaits approval to export to non-free trade countries. Kinder Morgan, Inc. (KMI) and Shell (NYSE: RDS.A, RDS.B)

Elba Liquefaction Company: Kinder Morgan buys 100% interest, invests $630M Read More »

Exploration and production bankruptcies drive up failure rate

Energy Financial

Sabine Oil & Gas Corporation and Lightstream Resources Ltd., latest victims of lower oil prices, latest bankruptcies Two more exploration and production companies have declared bankruptcy, causing the energy default rate to exceeds its long term average 1.9 per cent, according to Fitch Ratings. Sabine Oil & Gas Corporation and Lightstream Resources Ltd. recently filed for Chapter 11 protection, driving

Exploration and production bankruptcies drive up failure rate Read More »

Churchill Marine Observatory: New research into Arctic oil spills

News

Churchill Marine Observatory research will be help in event of Alaska Arctic off-shore oil spill A new $32 million research facility – Churchill Marine Observatory – on the edge of Hudson Bay will soon begin studying the impacts of potential Arctic oil spills. The recent transportation of two Shell drilling platforms up the West Coast has focused

Churchill Marine Observatory: New research into Arctic oil spills Read More »