Sunday, February 23, 2025
U.S. judge cancels Keystone pipeline permit- oil and gas 360

U.S. judge cancels Keystone pipeline permit

Oil and Gas 360 April 16 (UPI) — A U.S. federal judge has canceled a key permit for the construction of the controversial Keystone pipeline, stating it was issued without proper assessment of the project’s environmental impact. U.S. Chief District Judge Brian Morris ruled Wednesday that the U.S. Army Corps of Engineers failed to properly analyze the project’s effects on

Tallgrass shareholders approve Blackstone-led buyout of pipeline operator- oil and gas 360

Tallgrass shareholders approve Blackstone-led buyout of pipeline operator

Reuters HOUSTON – Tallgrass Energy (TGE.N) shareholders on Thursday backed a buyout by a Blackstone-led (BX.N) group that valued the U.S. oil pipeline operator at $6.3 billion, a rare case of a pre-market crash deal going ahead without a price cut. Terms were struck ahead of this year’s collapse in energy prices that has U.S. oil producers cutting output and