Friday, November 22, 2024
Future of Dakota Access pipeline uncertain as Biden presidency looms- oil and gas 360

Future of Dakota Access pipeline uncertain as Biden presidency looms

Reuters NEW YORK  – The election of Democrat Joseph Biden could create more headaches for the Dakota Access Pipeline’s (DAPL) owners, who are already embroiled in legal battles to keep the main conduit for flowing oil out of North Dakota running. The $3.8 billion DAPL ships about 40% of the crude oil produced from the Bakken shale region in North

Appeals court temporarily halts Dakota Access line shutdown- oil and gas 360

Appeals court temporarily halts Dakota Access line shutdown

Fox Business A federal appeals court on Tuesday temporarily halted a judge’s order that the Dakota Access Pipeline be shut down in three weeks. The U.S. Court of Appeals for the District of Columbia Circuit issued an “administrative stay” of the judge’s order. Though the appeals court said it “should not be construed in any way as a ruling on the merits” of the

Energy Transfer digs in on North Dakota pipeline expansion despite oil slump, sources say- oil and gas 360

Energy Transfer digs in on North Dakota pipeline expansion despite oil slump, sources say

Reuters NEW YORK  – U.S. pipeline company Energy Transfer (ET.N) has taken the rare step of invoking force majeure – normally used in times of war or natural disaster – to prevent oil firms from walking away from a proposed expansion of the controversial Dakota Access pipeline, according to two sources familiar with the matter. Energy Transfer wants to nearly double