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Russia is considering soon giving Greece funds based on future profits Athens would earn from shipping Russian gas to Europe as part of an extension of the Turkish Stream gas pipeline project, a Greek government official said. Plans for the pipeline taking Russian gas from Turkey to Europe via Greece would be linked to lower Russian gas prices, the official added. Greece would pay back the Russian prepayment after the pipeline started operating, the official said.

Jordan and Israel signed an agreement on 26 February to go ahead with a World Bank-sponsored project to build a desalination plant in the Gulf of Aqaba and a pipeline linking the Red Sea with the Dead Sea. The plant will be built in the southern Jordanian port of Aqaba on the Red Sea and will desalinate water to be shared by Israelis and Palestinians. The brine that is a by-product of the process will be sent north in a 180km pipeline to the Dead Sea. The project will cost around $900m (£584.5m, €803m). It will take nearly three years...

Pipeline company files suit against W.Va. landowners By Tina Alvey REGISTER-HERALD REPORTER | Posted: Wednesday, April 1, 2015 6:30 pm A company seeking to run a massive natural gas pipeline through the state has followed through on a threat to take legal action against West Virginia landowners who have thus far refused to allow access to their properties. Mountain Valley Pipeline LLC, (MVP) filed a petition Friday in U.S. District Court in Beckley asking federal authorities to force three corporations and more than 100 other property owners residing in 10 West Virginia counties to permit the developer's agents to survey...

TransCanada on Thursday announced a two-year delay to its plans to move the Canadian tar sands. The company is cancelling its plans to build a controversial export terminal in Quebec, citing environmental concern over the endangered beluga whale. This means a delay to plans for finishing the Energy East pipeline, now set for 2020. In the meantime, TransCanada will search for a new location for its port. For once, then, Canadian oil news isn't about the TransCanada-owned Keystone XL, which has faced a six-year delay as the Obama administration sits on a decision to issue a permit. At least not...

A decision on whether to allow the Keystone XL Pipeline to be built in the U.S. could come at any time, but there are myriad other projects on the table designed to do exactly what Keystone XL was designed to do: transport Canadian tar sands oil to refineries. Those pipelines, both in the U.S. and Canada, are being designed to move the oily bitumen produced from the tar sands to refineries in Texas and eastern Canada, and to ports on the Pacific Coast where the oil could be shipped to Asia. Combined, the pipelines would be able to carry more...

In a far corner of North Dakota, just a few hundred miles from the proposed path of the Keystone XL pipeline, 84,000 barrels of crude oil per day recently began flowing through a new line that connects the state’s sprawling oilfields to an oil hub in Wyoming. In West Texas, engineers activated a new pipeline that cuts diagonally across the state to deliver crude from the oil-rich Permian Basin to refineries near Houston. And in a string of towns in Kansas, Iowa and South Dakota, local government officials are scrutinizing the path of pipeline extensions that would pass nearby. While...

As expected, President Barack Obama vetoed legislation from Congress that would have approved the construction of the Keystone XL pipeline, rejecting the creation of thousands of jobs in the process. However, it did not end the six-year saga for building the 1,179-mile pipeline that would deliver 830,000 barrels of oil per day of Canadian and American crude oil to U.S. refineries. The fight will go on, even though Congress was unable to override the president’s veto. Fortunately, President Obama never closed the door. As noted in his message to the Senate, there remains an ongoing National Interest Determination (NID) process...

The Senate upheld President Obama’s first veto of the new Congress on Wednesday, dooming for the foreseeable future any chance of constructing the Keystone XL pipeline that would bring oil from Canada to the U.S. The vote was seen as a key early test of Democrats’ willingness to defend their lame-duck party leader, and Mr. Obama passed that test easily, with the Senate falling four shy of the two-thirds supermajority needed to overturn the veto. “This is going to come back,” said Sen. Joe Manchin III, a West Virginia Democrat who did break with Mr. Obama and said eventually the...

The U.S. Senate voted down a key vote to override a White House veto on a bill to approve the contentious Keystone XL pipeline, which the GOP sees a key to job creation and maintaining a strong U.S. infrastructure. The vote on override a presidential veto failed 62-37. The Senate had passed the bill 62-36 in January.But last month President Obama vetoed the measure. Republicans have said that if they couldn't override Obama's veto, they plan to wrap legislation green-lighting the 1,700-mile pipeline into a spending measure or broader bill, such as the federal highway bill. But Democrats who oppose...

Kinder Morgan (KMI -0.6%) wants to drill through Burnaby Mountain in British Columbia to reach an oil-loading ship terminal, but WSJ reports that it is facing more challenges than the mountain itself, as it also is battling resistance from Vancouver officials and protestors opposed to fossil fuel development. Burnaby Mountain has become a symbolic battlefield in a much larger debate about energy resources in North America, opponents and supporters of the pipeline plan say. Canadian oil producers are counting on KMI’s $4.3B proposal to triple the capacity of the existing Trans Mountain pipeline, which connects Alberta’s oil sands to a...

Magellan Midstream Partners and Plains All American Pipeline are teaming up on a new $850 million, 550-mile pipeline to carry crude oil from Colorado to Cushing, Oklahoma. The new pipeline, called the Saddlehorn, will be built and owned by the Saddlehorn Pipeline Co., a 50-50 joint venture between the two companies. In an announcement Friday, Plains and Magellan said the new line has binding commitments from producers Noble Energy and Anadarko Petroleum Corp., and that Anadarko has an option to obtain a 20 percent stake in the venture. The line could be in service by mid-2016 if permitting and construction...

The Keystone XL pipeline got an emphatic endorsement Monday from a powerful backer of President Barack Obama who questioned the handling of the file. To billionaire investor Warren Buffett, the delay is a thumbing of the nose at Canada. "I would have passed Keystone," Buffett said in an interview with CNBC. "I think that we have an enormous interest in working with Canada, as they have in working with us. That oil is going to get sold. If we make it more difficult for them, who knows how they'll feel about making things more difficult for us someday." Because Buffett...

President Obama earned a double-barreled rebuke Monday from The Washington Post's fact-checker, for repeating a faulty claim that the Keystone XL pipeline "bypasses" the U.S. -- and for saying it would only carry "Canadian oil." The president made the claims in an interview last week with WDAY of Fargo, N.D. Obama continued to downplay the impact of the Canada-to-Texas oil pipeline, just days after vetoing a bipartisan-backed bill that would approve the construction project. Senate Majority Leader Mitch McConnell, R-Ky., has teed up a vote to override that veto later this week. In the local interview, Obama said: "I've already...

In 2014, the World Bank Group committed $5 billion in new technical and financial support for energy projects in six African countries, including Kenya, which have partnered with US president Barack Obama’s Power Africa initiative. Among the projects funded, is the world's longest heated pipeline, which will bring newly discovered Ugandan oil fields to market. The Japanese conglomerate, Toyota, is the major contractor. Much of the oil, is committed to Asian markets, like China. On February 24, 2015 President Barack Obama, vetoed the Keystone XL pipeline, which would be a big boost to mid American and Canadian oil production. When...

The proposed Keystone XL pipeline has stirred considerable debate about the future of American energy policy. While the Senate’s recent vote to block its construction tables the discussion for the time being, it does not resolve major questions about how the U.S. transports oil today. With the ongoing shale gas boom, the U.S. is set to pass Saudi Arabia as the world’s top oil producer. Looking beyond KXL, such a rapid rise in production means American transportation networks are straining under new pressures to safely and efficiently move all this energy between different markets. The following figures show how Keystone...

President Obama vetoed legislation approving Keystone XL this afternoon, creating the latest and most significant challenge for the proposed 1,179-mile pipeline. “Through this bill, the United States Congress attempts to circumvent longstanding and proven processes for determining whether or not building and operating a cross-border pipeline serves the national interest,” the president wrote in his veto message. He added that “because this act of Congress conflicts with established executive procedures and cuts short thorough consideration of issues that could bear on our national interest — including our security, safety and environment — it has earned my veto.” It’s hard to...

One-hundred-fifty years ago, a man named Samuel Van Syckel built the nation's first commercial oil pipeline in the rugged terrain of northwestern Pennsylvania. His pipeline transformed how oil is transported — and it would change the modern world, too — but not before a battle that makes the debate over the Keystone XL pipeline look meek by comparison. In January 1865, the place where this all happened, called Pithole, was nowhere, really — just a patch of wilderness in the foothills of the Appalachian Mountains. Then drillers struck gushers at three wells and everything changed. By September, an estimated 15,000...

Legislation approving the controversial Keystone XL Pipeline has finally reached the presidentÂ’s desk. But donÂ’t celebrate just yet. In a joint op-ed published today in the pages of USA Today, House Speaker John Boehner (R-OH) and Senate Majority Leader Mitch McConnell (R-KY) are urging Americans to begin tempering their hopes and expectations by accepting the inevitable: Tuesday, as promised, the new Congress is sending the White House legislation that would approve the Keystone XL pipeline. This project will support tens of thousands of American jobs. It will bolster the nation's infrastructure and energy security. And it enjoys a broad base...

President Barack Obama vetoed the Republicans’ Keystone XL pipeline bill Tuesday, rejecting Congress’ attempt to take the project’s fate out of his hands — and leaving the GOP prepared to attempt an override vote that will most likely fail.Obama’s veto message was delivered within hours of the legislation arriving on his desk. The White House had previously criticized lawmakers for trying to strip the executive branch’s authority over cross-border energy projects like the $8 billion Canada-to-Texas oil pipeline. Story Continued Below “I’m not shocked obviously,” Senate Energy and Natural Resources Chairwoman Lisa Murkowski (R-Alaska) said even before the widely expected...

Last month, a Nebraska Supreme Court decision approved a route for the proposed Keystone XL pipeline through the state. That decision effectively allowed TransCanada, the pipeline company, to begin issuing eminent domain papers to landowners in the way. But a fresh lawsuit brought by nearly 70 landowners has spurred a Nebraska judge to halt TransCanada’s eminent domain proceedings, the Huffington Post reported Thursday. “TransCanada sees the writing on the wall,” Jane Kleeb, director of Bold Nebraska, a group fighting the pipeline, said in a statement following the judge’s decision to issue an injunction. “Nebraska landowners are not going to cave...