Sunday, January 19, 2025

Will Northern Gateway Beat Keystone XL to the Finish Line?

On June 17, the Canadian federal government approved the pipeline portion of Enbridge Incorporated’s (ticker: ENB) Northern Gateway Project, a $6.1 billion crude oil and condensate pipeline and marine terminal that was proposed in 2010. Canada’s petroleum producers are eager to find an alternative to the nearly six-year delayed approval of the Keystone XL project. At the Canadian American Business’ conference on June

Obama Okays United States Atlantic Shelf Development

Coming: 280,000 jobs and $195 billion in private investment The Eastern Seaboard of the United States is back on the oil and gas map. On July 24, 2014, President Obama opened up sections of the Atlantic Ocean to hydrocarbon development – a plan originally proposed in 2010 that was placed on indefinite suspension following the Macondo disaster in the Gulf

Court Tosses out Longmont, Colo. Frac Ban–But Ballot Initiatives Targeting Oil & Gas Operations are Likely to Make November Ballot

In a ruling Thursday that overturned the city of Longmont’s ban on hydraulic fracture stimulation, a Boulder County, Colorado judge—and the case itself—illustrated the power that Proposition 89 would convey to municipalities and other local governments statewide. Boulder Judge D.D. Mallard said on Thursday that Longmont’s charter amendment “clearly conflicted with the state’s regulations and its interest in the efficient