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Keyword: pipeline

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  • How Putin Forged a Pipeline Deal That Derailed

    12/30/2014 11:14:59 PM PST · by elhombrelibre · 13 replies
    NYT ^ | 30 Dec 14 | JIM YARDLEY and JO BECKER
    SOFIA, Bulgaria — Barely two weeks after President Vladimir V. Putin annexed Crimea on one side of the Black Sea, he won a different prize on the other side. In Bulgaria’s Parliament, lawmakers gave initial passage to a bill clearing the way for a mammoth gas pipeline from Russia. The pipeline, known as South Stream, was Mr. Putin’s most important European project, a tool of economic and geopolitical power critical to twin goals: keeping Europe hooked on Russian gas, and further entrenching Russian influence in fragile former Soviet satellite states as part of a broader effort to undermine European unity....
  • The Pipeline and the Damage Done {Obama’s Keystone Kops routine}

    12/30/2014 5:41:33 AM PST · by thackney · 6 replies
    Weekly Standard ^ | JAN 5, 2015 | FRED BARNES
    For a symbolic issue, the Keystone pipeline has sure caused a lot of damage—to Canadian-American relations, to Democrats, to President Obama. And it feeds, underscores, or reflects a variety of political divisions, some of them quite bitter. I’ll get to Keystone’s victims shortly, but first the explanation of why the issue is purely symbolic. If the pipeline is built, it will carry oil from northern Alberta to refineries on the Gulf Coast. If it is not built, the crude oil will be transported either to Canada’s west coast or to New Brunswick, a maritime province in the east, where it...
  • Oil spills into Black Sea near Russian port after pipeline leak

    12/24/2014 8:57:03 AM PST · by thackney · 6 replies
    Reuters ^ | Dec 24, 2014 | MAXIM NAZAROV AND GLEB GORODYANKIN
    A leak on a major Russian oil pipeline caused a spill in the Black Sea near the port of Tuapse on Wednesday where officials said stormy weather was hampering efforts to assess and respond to the mishap. "Some quantity of oil has spilled into the sea," Sergei Proskurin, first deputy captain of the port of Tuapse, told Reuters. He said the size of the spill was unclear and that emergencies services were working to deploy temporary floating barriers to contain the spill but were being delayed by the stormy conditions. Tuapse is a busy industrial and oil port but is...
  • Obama: Keystone benefits for U.S. consumers, workers nominal (More crap sandwich advice)

    12/19/2014 1:34:17 PM PST · by AngelesCrestHighway · 26 replies
    Reuters ^ | 12/19/14 | Staff
    U.S. President Barack Obama said on Friday that construction of the Keystone XL pipeline to transport crude oil from Canada to the U.S. Gulf Coast would only nominally benefit American consumers and workers. "There is very little impact - nominal impact - on U.S. gas prices, what the average American consumer cares about," Obama told reporters during an end-of-year press conference. In his strongest comments on the Canada-to-U.S. pipeline to date, Obama picked apart some of the most common arguments proponents have used to urge the president to approve it: that it would create jobs, lower domestic gasoline prices and...
  • TransCanada CEO says it's not easy, but oil business is 'resilient'

    12/19/2014 5:02:56 AM PST · by thackney
    CTV News ^ | December 18, 2014 | Lauren Krugel
    The CEO of TransCanada Corp. (TSX:TRP) says he doesn't see the oil industry's appetite for new pipelines faltering even though crude prices have skidded to the lowest point in more than five-years. In an interview in his downtown Calgary office, Russ Girling said he's seen ups and downs far more drastic over his career and expects the oilpatch will come out of the latest downturn in reasonably good shape. "There's a tremendous need to build irrespective of the price of the commodity right now," Girling said. "We're being pressed to get these facilities online as quickly as we possibly can."...
  • First job for new Republican Senate is Keystone XL: McConnell

    12/17/2014 5:41:54 AM PST · by mac_truck · 43 replies
    Reuters ^ | 12/16/2014 | Staff
    The new Republican-controlled Senate's first act in January will be approval of the Keystone XL pipeline, Republican leader Mitch McConnell said on Tuesday. McConnell told reporters that the bill would be based on a measure that failed in the Senate last month that was co-sponsored by North Dakota Republican John Hoeven and Louisiana Democrat Mary Landrieu. "It'll be open for amendment," McConnell said. "I will hope that senators on both sides will offer energy-related amendments but there'll be no effort to try to micromanage the amendment process." Landrieu pushed for a Keystone vote in November in a last-ditch effort to...
  • Bulgaria picks up the pieces of cancelled Russian pipeline

    12/11/2014 10:57:14 PM PST · by wetphoenix · 6 replies
    Stand on the sea wall next to the port in Varna and you can see the bits and pieces of South Stream piled up in front of you. Hundreds of long black sections of piping - some on the dockside, and others still stacked on cargo ships. They were supposed to have been laid beneath the gloomy waters of the Black Sea, bypassing Ukraine and bringing Russian gas directly to south-eastern Europe. But - suddenly and unilaterally - Vladimir Putin has declared the project dead. Gas, he said, will be sent to Turkey instead. "It's really not clear what's going...
  • Russia, Turkey pivot across Eurasia

    12/09/2014 6:54:41 PM PST · by dontreadthis · 9 replies
    veterans news now ^ | December 8, 2014 | Pepe Escobar
    The latest, spectacular “Exit South Stream, Enter Turk Stream” Pipelinistan gambit will be sending big geopolitical shockwaves all across Eurasia for quite some time. This is what the New Great Game in Eurasia is all about. In a nutshell, a few years ago Russia devised North Stream – fully operational – and South Stream – still a project – to bypass unreliable Ukraine as a gas transit nation. Now Russia devises a new sweet deal with Turkey to bypass the “non-constructive” (Putin’s words) approach of the European Commission (EC) concerning the European “Third Energy Package”, which prohibits one company from...
  • North Dakota to require every barrel of crude oil be filtered

    12/09/2014 1:33:41 PM PST · by thackney · 41 replies
    Reuters ^ | Dec 9, 2014 | ERNEST SCHEYDER
    North Dakota is poised to impose the strictest oil standards in its history on Tuesday, requiring every barrel of crude to be filtered for dangerous types of natural gas in an effort to make crude-by-rail transport safer. The new requirements come as federal, state and local officials grapple with how best to ensure the safe transport of North Dakota's crude oil, which has been linked to a string of fiery crude-by-rail explosions, including one last year in Quebec that killed 47 people. Governor Jack Dalrymple and the two other members of the North Dakota Industrial Commission (NDIC) are taking the...
  • New & Improved: Kinder Morgan's Freedom Pipeline Project Is Back

    12/08/2014 11:07:54 AM PST · by thackney · 6 replies
    Oil Pro ^ | 12/6/2014 | William Fletcher
    Research firm Genscape says that after a year-and-a-half of delay, Kinder Morgan's Texas-to-California Freedom Pipeline project has been revived, with changes that the company hopes will attract shippers. The 250,000 bpd pipeline proposal was shelved in mid-2013 following its failure to receive enough interest from shippers, who said they wanted to transport oil by rail into California, rather than inking long-term pipeline contracts. However, many of these West Coast companies have confronted crude-by-rail permitting delays amid heightening environment impact scrutiny. But now the modified pipeline plan is much more attractive, Tom Dobson, project director of Kinder Morgan Pipelines, said during...
  • Phillips 66 boosts 2015 budget

    12/08/2014 5:14:06 AM PST · by thackney · 2 replies
    Houston Business Journal ^ | Dec 5, 2014 | Olivia Pulsinelli
    Phillips 66 (NYSE: PSX) said Dec. 5 its capital budget for 2015 is $4.6 billion, up 18 percent from what it spent in 2014. Including spending for joint ventures DCP Midstream, Chevron Phillips Chemical Co. and WRB Refining, Phillips 66 expects its total capital program to be $6.8 billion next year. Last year, Phillips 66 announced its 2014 capital budget of $2.7 billion, not including joint ventures, in December and increased that to $3.9 billion in July. Here's a basic breakdown of the company's 2015 budget: Midstream:$3.16 billion, plus $550 million for its share of DCP's expenditures Chemicals:$1.45 billion for...
  • Oil spill said to be worst in Israel's history

    12/07/2014 12:08:31 AM PST · by BlackVeil · 15 replies
    Ynet News ^ | 4 Dec 2014 | Billie Frenkel
    The Environmental Protection Ministry called the oil spill from the Tran-Israel pipeline in southern Israel one of the worst pollution events in the history of Israel on Thursday and said the clean up will cause landscape damage and could take many months. ...
  • Has the environmental movement ever seen a collapse it didn’t want to be on the brink of?

    12/06/2014 12:16:51 PM PST · by USFRIENDINVICTORIA · 10 replies
    The National Post ^ | December 6, 2014 | Rex Murphy
    The most important thing to understand about an environmental concern is that it is infinitely malleable. It has Play-Doh’s or putty’s wonderful power of accommodation, to take whatever shape, for the moment, might be called for. Because the environment is, by definition or tautology, everything that is around us — there will always be something “in” the environment on which to hang an objection, mount a protest or, as Samuel Johnson, ever elegant, put it, “to point a moral, or adorn a tale.”
  • Why the Keystone XL Pipeline Is Already Dead

    12/04/2014 6:17:14 AM PST · by SeekAndFind · 10 replies
    Fiscal Times ^ | 12/04/2014 | Susan McGee
    The Keystone XL Pipeline project is almost certainly dead. No, not because a bill that would have finally given the go-ahead to begin construction fell one vote short in the lame duck Senate last month. Sure, that halted the legislative approval process in its tracks, but only until January, when a new Congress arrives and is sworn in. Republicans, who will have a majority in both the House of Representatives and the Senate, have pledged to bring it back for another vote in the next session. The next vote may well bring a different result, but will the pipeline ever...
  • Mexico Thieves Stealing Billions in Oil, Gasoline from Country’s Pipelines

    12/02/2014 11:07:54 AM PST · by Up Yours Marxists · 18 replies
    The State ^ | December 2, 2014 18:27 GMT | Tim Johnson
    HUIMANGUILLO, Mexico — The big-time gasoline thieves had already come and gone during the wee hours, filling their tanker trucks with stolen fuel and then fleeing. Then dawn broke, and word spread that a crime gang had again tapped into a gasoline pipeline, and it was spewing fuel into a ditch. At first, only a few farmers showed up, carrying plastic jerry cans. Then dozens. Then even more. All were eager to collect what spilled fuel they could. (...) Mexico is plagued by rampant energy theft. In the first eight months of this year, 7.5 million barrels went missing, a...
  • Putin, in Defeat, Diverts Pipeline

    12/01/2014 7:35:35 PM PST · by Theoria · 76 replies
    The New York Times ^ | 01 Dec 2014 | ANDREW ROTH
    President Vladimir V. Putin said Monday that he would scrap Russia’s South Stream gas pipeline, a grandiose project that was once intended to establish the country’s dominance in southeastern Europe but instead fell victim to Russia’s increasingly toxic relationship with the West. It was a rare diplomatic defeat for Mr. Putin, who said Russia would redirect the pipeline to Turkey. He painted the failure to build the pipeline as a loss for Europe and blamed Brussels for its intransigence. The decision also seemed to be a rare victory for the European Union and the Obama administration, which have appeared largely...
  • Keith Ellison on Keystone XL Pipeline: Send it through Vancouver if it’s so great

    11/21/2014 7:06:35 AM PST · by Tailgunner Joe · 25 replies
    washingtontimes.com ^ | November 19, 2014 | Tom Howell Jr.
    One Democratic congressman is so opposed to the Keystone XL Pipeline that he wouldn’t vote for it even if his party got a minimum-wage bump from Republicans in exchange. “I wouldn’t make that trade,” Rep. Keith Ellison, Minnesota Democrat, told MSNBC’s “Morning Joe” of a hypothetical raise to $9.50 per hour. Senate Democrats late Tuesday filibustered a measure to green-light the contentious oil pipeline from Canada to the Gulf Coast, potentially dooming the chances of party colleague Sen. Mary Landrieu of Louisiana and underscoring the power of the pro-environment caucus. Republicans vowed to put President Obama’s veto pen to the...
  • Tribal head to speed North Dakota pipeline talks

    11/21/2014 5:26:48 AM PST · by thackney · 12 replies
    Fuel Fix ^ | November 21, 2014 | Associated Press
    The new leader of North Dakota’s oil-rich Three Affiliated Tribes is pledging to speed negotiations on a proposed pipeline through tribal land that would curb the wasteful burning of natural gas in the state by more than 10 percent. North Dakota’s booming oil production has led to an unmanageable increase in the state’s output of natural gas, which is a byproduct of oil production. Oneok Inc., the biggest operator of natural gas pipelines and processing plants in North Dakota, wants to build a 20-mile-long pipeline to capture natural gas from oil wells in Dunn County and move it to an...
  • WaPo gives Obama three Pinocchios on Keystone

    11/20/2014 12:41:37 PM PST · by SeekAndFind · 5 replies
    Hotair ^ | 11/20/2014 | Ed Morrissey
    “Understand what this project is,” Barack Obama said earlier this week when pressed on why his administration continues to stall on the Keystone XL pipeline after almost six years of waiting for a decision. “It is providing the ability of Canada to pump their oil, send it through our land, down to the Gulf, where it will be sold everywhere else.”CLICK ABOVE LINK FOR THE VIDEO Understand what that was, Glenn Kessler responds today in a Washington Post fact check. It’s a three-Pinocchio lie based on an ignorant-at-best interpretation of a presentation slide from environmental activists. The refineries in...
  • No, the Kochs won't make $100 billion from the Keystone XL pipeline

    11/20/2014 11:21:21 AM PST · by EveningStar · 23 replies
    Tampa Bay Times PolitiFact.com PunditFact ^ | November 19, 2014 | Katie Sanders
    Opponents of the Keystone XL pipeline are stoking fear about the project by connecting it to two of the biggest bogeymen in politics: Charles and David Koch. The claim goes that the Koch brothers stand to make $100 billion if the pipeline gets built. The figure, which would effectively double the Kochs’ net worth, has bounced around liberal news organizations and was repeated this month by progressive radio talk show and TV host Thom Hartmann on his RT show. Take it with a block of salt, a PunditFact analysis finds.