Pipelines

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South Korea Expressed Interest in Alaska Gas Pipeline Project, Yonhap Says

South Korea, a leading fossil fuel importer, has expressed interest in participating in a $44 billion gas pipeline in Alaska in the form of a joint development between South Korea, the U.S. and Japan, Yonhap News Agency reported on Tuesday.   South Korean Industry Minister Ahn Duk-geun indicated interest in joining the Alaska gas project …

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Pipeline Safety Agency’s Senior Leaders Exit Amid Trump Push

At least five leaders at PHMSA took the Trump buyout offer Exodus comes amid Energy Transfer fuel leak in Bucks County More than half of the senior executives at a key US government regulatory body responsible for overseeing safety of the US pipeline system will depart the agency in the next three months, according to …

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Canada’s Cancelled Oil Pipeline Projects

CALGARY, Feb 26 (Reuters) – The Canadian energy sector has proposed several major oil pipeline projects in the last decade, but only the Trans Mountain expansion project was completed. Here, a look at three other pipelines that never came to be: Energy East – A proposed C$15.7-billion project (US$11.0 billion), Energy East would have carried …

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ONCE BITTEN, TWICE SHY! – Pipeline Owner Says it has “Moved On” from Keystone XL Project

Keystone XL redux? Trump says he wants defunct oil pipeline back from the dead   CALGARY – U.S. President Donald Trump says he’d like to see the Keystone XL pipeline brought back from the dead, garnering an enthusiastic reception from Alberta’s premier but a tepid one from the company spun off from its erstwhile proponent. …

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Trump Says he Wants Keystone XL Pipeline to be Built

Republican U.S. President Donald Trump said on Monday he wanted the Keystone XL Pipeline built and pledged easy regulatory approvals for the project, which was opposed for years by environmentalists before its permit was revoked by the Biden administration. The pipeline was first proposed in 2008 to bring oil from Canada’s Western tar sands to …

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Trump Will Allow for More Gas Pipe Expansion, Southern CEO Says

Utility says looser rules to spur new plants, pipelines Firm beats 4Q profit estimates, sees data center demand growth By Mark Chediak President Donald Trump’s drive to loosen permitting requirements and speed up the development of energy resources will allow for Southern Co. to expand its natural gas pipeline network and build new gas plants, …

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Turkey Says ‘Nothing Yet’ on Iraq Oil Pipeline Restart

ANKARA, Feb 19 (Reuters) – Turkey has yet to receive confirmation from Iraq on the resumption of oil flows through the Iraq-Turkey pipeline, Turkish Energy Minister Alparslan Bayraktar told Reuters on Wednesday. Iraq’s oil minister said on Monday that oil exports from the semi-autonomous Kurdistan region will resume next week, resolving a near two-year dispute …

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Pipeline Company Enbridge Reports $493 Million Q4 Profit

Enbridge Inc. reported a profit attributable to common shareholders of $493 million in its fourth quarter, down from $1.73 billion a year earlier. The pipeline company says the profit amounted to 23 cents per share for the quarter ended Dec. 31, down from 81 cents per share in the last three months of 2023. On …

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Canada’s Trans Mountain Expects More Interest in Pipeline System if US Implements Tariffs

(Reuters) – Canadian pipeline operator Trans Mountain said it expects to see increased interest to ship on its system if the United States slaps tariffs on Canadian oil imports in a month. The pipeline, which can carry up to 890,000 barrels per day of crude from Alberta to Canada’s Pacific Coast, has been about 80% …

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Tariff Threat Unleashes Flood of Canadian Oil Heading to U.S.

Suppliers rush to push out as much oil as possible as it’s more valuable now than in the future Bloomberg News A flood of Canadian oil is heading south to the United States to beat President Donald Trump’s threatened tariffs. Enbridge Inc.’s Mainline, the largest oil export pipeline from Canada to the U.S., will cut the volumes of …

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