Keystone XL may be sold for scrap if Biden moves to kill it
The Canadian province that invested $1.1 billion of taxpayers’ money in the controversial Keystone XL project is now considering the sale of pipe and materials to try to recoup some funds.
The Canadian province that invested $1.1 billion of taxpayers’ money in the controversial Keystone XL project is now considering the sale of pipe and materials to try to recoup some funds.
Construction work on Canada’s major Keystone XL pipeline looks poised to stall mere weeks after the controversial project was given the green light by TransCanada (TC) Energy.
Nebraska utility regulators approved the construction of the controversial Keystone XL pipeline through their state Monday morning.
The US Department of State has issued a presidential permit for the construction of the Keystone XL oil pipeline, a project blocked by former President Barack Obama.
TransCanada Corp has suspended a $15billion lawsuit filed against the United States over the Keystone XL pipeline.
President Donald Trump may have revived prospects for the controversial Keystone XL and Dakota Access oil pipelines, but the path to their completion still contains hurdles.
President Donald Trump may have revived prospects for the controversial Keystone XL and Dakota Access oil pipelines, but the path to their completion still contains hurdles.
The chief executive of an oilsands operator has claimed presumptive Republican Presidential nominee Donald Trump needs to be better advised on how energy projects work.
The Keystone XL review suddenly looks like a priority for the Obama administration, and cheap oil may be part of the reason. After dragging its feet for years to dodge one of the most contentious energy issues during President Barack Obama’s time in office, the administration took only a couple of days to deny a TransCanada Corp. request to pause the process while the company sought approval in Nebraska. The collapse of crude prices in the face of the US shale boom has lowered gasoline prices, weakening an argument for the $8-billion project that resonated with American voters. This has paved the way for Obama to focus on one issue that’s very dear to him: climate change.
TransCanada Corporation has sent a letter to US Secretary of State John Kerry calling for the State Department to pause its review of the Presidential Permit application for the Keystone XL pipeline. The company said it believes there is “sound precedent” for making the request.
US Secretary of State John Kerry has been told to hand over documents relating to the $8billion Keystone XL pipeline plans.