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Keystone Company Sues Obama Administration For Blocking XL Pipeline

2016-01-09 11:43:00| Climate Ark Climate Change & Global Warming Newsfeed

NYSE Post: The federal suit, which does not seek legal damages, wants the permit denial invalidated. "TransCanada asserts the administration's action was contrary to Congress' power under the U.S. Constitution to regulate interstate and worldwide commerce", the company said. TransCanada is also seeking $15bn in damages in sunk costs for the project, in a separate claim under the North American Free Trade Agreement (NAFTA). "The TPP would empower many more fossil fuel companies to follow TransCanada's...

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WPX sells its San Juan Basin pipeline system

2016-01-09 04:56:19| Footwear - Topix.net

WPX sells its San Juan Basin pipeline system Pushing to reduce debt, WPX just sold its entire oil and gas infrastructure in the San Juan Basin. Check out this story on Daily-Times.com: http://www.daily-times.com/story/news/local/2016/01/08/wpx-sells-its-san-juan-basin-pipeline-system/78437996/ Walt Floyd, left, Kenneth Aagesen and Paul Tso work on an Aztec Drilling rig on Friday near Lybrook.

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TransCanada legal challenges over Keystone pipeline face long odds

2016-01-08 06:16:02| Oil & Gas - Topix.net

TransCanada Corp faces a rocky legal path as it seeks to overturn President Barack Obama's denial of its Keystone XL pipeline or at least recoup some of its lost investment in the multibillion dollar project. The Canadian company filed a lawsuit in federal court in Texas on Wednesday, asking the court to declare the White House decision unlawful.

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Columbia Pipeline Group deploys new software solution from GE and Accenture

2016-01-08 01:00:00| Hydrocarbons Technology

US-based Columbia Pipeline Group (CPG) has deployed the new Intelligent Pipeline Solution (IPS) that helps operators make better decisions regarding pipeline safety and integrity.

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State regulators again approve Keystone XL oil pipeline

2016-01-07 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: State regulators approved again on Tuesday the portion of the Keystone XL oil pipeline that would go through South Dakota, despite the projects stalled status at the federal level. The South Dakota Public Utilities Commissions decision also hinges on a requirement that TransCanada Corp. get a presidential permit for the project. President Barack Obama blocked the pipeline in November, but it could be revived under the next administration. South Dakotas decision further strengthens the companys...

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