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Tag: pipeline

Kinder Morgan’s attempt to build a pipeline reflects badly on Canada

Kinder Morgan’s attempt to build a pipeline reflects badly on Canada

Finance
ALMOST all Canada’s oil and gas is landlocked, so getting it to market requires pipelines—lots of them. But building them requires skills more suited to circus artists than engineers. They must walk the financial high wire, jump through ever-changing regulatory hoops and juggle conflicting demands from environmental groups and numerous governments. The list of failures is long. It includes Northern Gateway, meant to bring Alberta crude to a port in northwestern British Columbia; Energy East, which would have linked Alberta to the Atlantic coast; Pacific Northwest, to bring gas to the west coast; and the legendary Mackenzie Valley gas pipeline, first proposed in 1974 and dropped in 2017 by its last, exhausted promoter.Get our daily newsletterUpgrade your inbox and get our Daily Dispatch and
Groups want details on Trump's approval of Keystone pipeline

Groups want details on Trump's approval of Keystone pipeline

Technology
Opponents of the proposed Keystone XL oil pipeline from Canada are asking a judge to force the U.S. government to turn over emails and other documents related to President Donald Trump's approval of the project. Environmentalists who sued to stop the 1,179-mile (1,800-kilometer) pipeline said the documents could bolster their case that Trump's decision was arbitrary and should be overturned by the courts. But U.S. Justice Department attorneys argued in court filings that the disputed documents include internal deliberations that don't have to be made public. They said the request amounts to a "fishing expedition" and should be rejected. Formal arguments were scheduled for Wednesday before U.S. District Judge Brian Morris in Great Falls. If the environmentalists prevail, the U.S. State Dep...
Brent price jumps on pipeline closure

Brent price jumps on pipeline closure

Business
One of the UK's most important oil pipelines is being closed after a crack was discovered in Aberdeenshire.The Forties pipeline carries crude North Sea oil across land for processing at Grangemouth.The crack was discovered last week at Red Moss near Netherley.The pipeline's owner Ineos said on Monday that, despite pressure being reduced, the crack had extended. The Forties pipeline carries about 40% of North Sea crude oil.More than 80 platforms will have to suspend production. The price of Brent crude rose about 2% to $ 64.69 a barrel amid surprise that the pipeline could be shut for about three weeks - far longer than expected.Ineos said there would be a big impact on the industry but not on consumers.'Suitable repair method'Ineos said in a statement: "Last week during a routine inspectio...
All pieces of a new European gas pipeline delivered

All pieces of a new European gas pipeline delivered

Business
Oct. 16 (UPI) -- The last of the 55,000 pieces of pipe needed to build a transit network from a giant gas field offshore Azerbaijan to Europe has arrived, developers said.The Trans Adriatic pipeline consortium announced Monday that the final section of the pipeline arrived in Thessaloniki, Greece. That means all pieces have reached their final destination in each of the three host countries; Greece, Albania and Italy."This is yet another key milestone towards successful realization of the project," TAP Project Director John Haynes said in a statement. "The entire logistics delivery process was carried out in line with the project schedule and to the highest safety standards."The 545-mile natural gas pipeline will start delivering gas from the Shah Deniz gas project offshore Azerbaijan to E...
Saudi Arabia buy of THAAD missile defense systems in pipeline

Saudi Arabia buy of THAAD missile defense systems in pipeline

Business
Oct. 6 (UPI) -- A proposed sale of THAAD upper tier ballistic missile defense systems to Saudi Arabia has been approved by the State Department.The U.S. Foreign Military Sales deal would be worth an estimated $ 15 billion, the U.S. Defense Security Cooperation Agency told Congress Friday."This sale furthers U.S. national security and foreign policy interests, and supports the long-term security of Saudi Arabia and the Gulf region in the face of Iranian and other regional threats," the agency said in a press release. "This potential sale will substantially increase Saudi Arabia's capability to defend itself against the growing ballistic missile threat in the region."The sales package is for 44 Terminal High Altitude Area Defense launchers, 360 THAAD Interceptor Missiles, 16 THAAD Fire Contr...