pipelines
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News
Federal agency approves permit to transport liquefied natural gas via rail
The approval comes amid some objection by Congressional Democrats and a wider proposed rulemaking on the same issue.
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Canada
Alberta loses the ability to turn off oil taps – for now
Canadian federal judge suspends the province’s law allowing it to restrict the flow of oil and gas products to other provinces until a full court…
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News
LNG by rail could help protect U.S. maritime law
President Trump’s executive order would create new transportation option for capacity-constrained LNG markets.
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Energy
Targa misses fourth quarter consensus revenue target
Targa Resources Corp. (NYSE: TRGP) missed Wall Street’s fourth quarter consensus revenue expectations of $2.74 billion. The company’s revenue decreased nearly 3.9 percent year-over-year (Y/Y)…
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Canada
Protesting trucker blames the Canadian government for oil industry nose-dive
Ken Husband drove a tanker truck 2,000 miles from Alberta to the Canadian capital, Ottawa, because he says the Trudeau government is hurting the oil…
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Energy
Targa Resources sells stake in North Dakota shale to Blackstone Group
Targa Resources Corp. (NYSE: TRGP) has agreed to sell a 45 percent stake of Targa Badlands LLC (Badlands), the entity which holds all of Targa’s…
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News
U.S. raises safety bar for crude oil transported by rail
Rails may need to raise rates to comply with new rules from Washington.
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Canada
More than 150 trucks caravan to Ottawa to protest carbon taxes, support pipelines
A convoy of more than 150 trucks is trekking 2,500 miles from Alberta to Canada’s capital, Ottawa, to push for more pipelines and less regulation…
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Energy
Northeast struggles due to insufficient gas pipeline infrastructure
Residents of Northeastern states are struggling with increased electricity costs and an unreliable energy supply as elected officials contemplate expanding natural gas pipelines in the…
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Economics
The Permian Basin’s demand for crude oil tanker trucks could quadruple in Q2
Lower WTI prices mean slower pipeline construction and more pressure on crude-by-truck.
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