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Veresen to acquire GIPs 50% stake in Ruby pipeline for $1.42bn

2014-09-23 01:00:00| Hydrocarbons Technology

Veresen has agreed to acquire 50% convertible preferred interest in the Ruby pipeline system from Global Infrastructure Partners (GIP) for $1.425bn.

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PSEG Power joins $1bn pipeline project in New Jersey, US

2014-09-19 01:00:00| Hydrocarbons Technology

PSEG Power has joined a consortium of companies that is building a $1bn pipeline project in New Jersey, US.

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Enbridge to transfer 66.7% interest in US pipeline segment to Houston affiliate

2014-09-19 01:00:00| Hydrocarbons Technology

Enbridge has proposed to transfer its 66.7% interest in the US segment of the Alberta Clipper Pipeline to its affiliate, Enbridge Energy Partners (EEP), for around $900m.

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TransCanada CEO Frustrated by Linkage of Keystone Pipeline to Climate Change

2014-09-18 13:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: TransCanada Corp. chief executive officer Russ Girling told reporters Sept. 16 he is frustrated by critics of the Keystone pipeline who have cast the project as a symbol of increased greenhouse gas emissions and warming. It's been caught up in this debate it has nothing to do with, Girling said. Actual people that are impacted by this project are supportive and willing to move forward with it, Girling said during a meeting with reporters on Capitol Hill. Those that are in places on the...

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Guest Column: 'Need' and 'convenience' of pipeline is non-existent

2014-09-18 07:06:12| Oil & Gas - Topix.net

What have we learned since January, when Kinder Morgan's land agents started knocking on doors, seeking permission to survey land? We learned, early on, that the company seeks information it can use to convince federal regulators that its proposed Northeast Energy Direct project deserves a "certificate of public convenience and necessity." As it turns out, such a certificate would allow Kinder Morgan to take property by eminent domain from hundreds of landowners so that it can connect Marcellus shale gas to the existing Maritimes & Northeast Pipeline, which runs to Canada, where export projects are under way.

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