February 2017

Alberta Energy Regulator expands pipeline incident reporting

Canada

AER mandate includes ensuring safe, environmentally responsible development of hydrocarbon resources A new Alberta Energy Regulator (AER) report designed to improve industry performance provides detailed information on how pipeline operators are performing compared with their peers across Alberta, according to a press release from AER. The Pipeline Performance Report-focusing on 2015 and 2016 pipeline incidents-is […]

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Dakota Access protesters face police standoff, deadline passes

News

About 10 Dakota Access protesters arrested By Terray Sylvester CANNON BALL, N.D., Feb 22 (Reuters) – Several dozen demonstrators, the last holdouts from a mass protest of the Dakota Access Pipeline, faced off against riot police on Wednesday as they defied a deadline to end their months-long occupation of an encampment on federal land. Police arrested

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Philadelphia Energy Solutions taps its COO to lead company

News

Gregory Gatta to run Philadelphia Energy Solutions By Jarrett Renshaw NEW YORK, Feb 22 (Reuters) – Philadelphia Energy Solutions has tapped chief operating officer Gregory Gatta as its next chief executive officer, the refining company said on Wednesday. Gatta, 41, an investment professional who worked at various private equity firms including Basso Capital Management and

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TransCanada Mainline open season launched for flat toll system

Canada

TransCanada Mainline takes natural gas from western Canada to southern Ontario CALGARY, Alberta, Feb 22 (Reuters) – TransCanada Corp said on Wednesday it plans to offer a flat toll on its Mainline system that takes natural gas from western Canada to southern Ontario, three months after shippers balked at the previous varied toll structure that they

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Judge bars Ultra Petroleum investors from collecting on $300 million clerical error

Energy Financial

Ultra Petroleum filed for Chapter 11 protection last April By Jim Christie Feb 22 (Reuters) – A judge has crushed the hopes of a group of investors in Ultra Petroleum Inc, a bankrupt natural gas company, who had sought to collect a $300 million windfall because a clerk entered a court order on the wrong

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Pipeline protests move from Dakota prairie to Louisiana bayous

Uncategorized

Pipeline protests by commercial fishermen, property owners, environmentalists By Liz Hampton HENDERSON, Louisiana, Feb 22 (Reuters) – When Hope Rosinski’s father gave her a six-acre plot in Louisiana more than a decade ago, she was surprised to find oil and gas pipelines crisscrossing the property. Pipeline companies later secured her permission for two more lines, one

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Global auto sales set to reach 93.5 million in 2017, but market risk is greater than ever

Energy Financial

Middle East region forecast to stabilize, supported by oil prices and the end of Iranian sanctions Total 2017 global light vehicle sales will reach 93.5 million units, a growth rate of 1.5 per cent over 2016, according to the most recent forecast from IHS Markit. However, industry risk in mature markets is at the highest

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Trump wasn’t a real CEO. No wonder his White House is disorganized

Uncategorized

Running a family business isn’t same as running public corporation By Bert Spector Throughout the 2016 presidential campaign, Donald Trump made much of his business experience, claiming he’s been “creating jobs and rebuilding neighborhoods my entire adult life.” The fact that he was from the business world rather than a career politician was something that

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