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News updates from July 28: Bank of Japan tweaks bond buying strategy, Measures of US inflation and wage growth cool
Developer of blocked Keystone XL pipeline to spin off oil business
...The Canadian energy company that tried and failed to build the controversial Keystone XL pipeline is spinning off its oil transportation business to focus on shipping natural gas....
July 27, 2023
Live news updates from July 27: DoJ hits Trump with fresh charges, ECB raises interest rates
Developer of blocked Keystone XL pipeline to spin off oil business
...The Canadian energy company that tried and failed to build the controversial Keystone XL pipeline is spinning off its oil transportation business to focus on shipping natural gas....
July 27, 2023
FT Live
Accelerating the Energy Transition in Asia
Industrial strategies and policy drivers for sustainability
Tuesday, 30 JulyMandala Club, 31 Bukit Pasoh Rd, Singapore 089845
Oil & Gas industry
Developer of blocked Keystone XL pipeline to spin off oil business
...The new oil-focused company to be spun out of TC Energy, which will also be headquartered in Calgary, will operate 4,900km of crude pipeline infrastructure across the US and Canada including the Keystone...
July 27, 2023
Oil & Gas industry
Energy Transfer to buy Crestwood for $7.1bn in latest US pipeline deal
...TC Energy said last month it would spin off its oil pipeline business two years after its plan to build the Keystone XL pipeline to carry crude south from Canada’s Alberta province was halted when US President...
August 16, 2023
Rana Foroohar
How to make free trade fairer
...In the US, the Keystone pipeline is the classic example....
October 30, 2023
Utilities
Enbridge in $14bn deal for Dominion gas utilities as US energy mix shifts
...TC Energy, the Canadian pipeline operator behind the aborted plan to build the controversial Keystone XL crude pipeline, said in July it was spinning off its oil transportation business to concentrate on...
September 5, 2023
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
Oil
US puts pressure on shale industry to do ‘whatever it takes’ to ease oil crisis
...Shale executives have complained that the administration’s freeze on leases for drilling on new federal lands, its early rejection of the Keystone XL pipeline from Canada and Biden’s promise to “transition...
March 9, 2022
Energy Source
Opinion: Time is up for Big Oil’s business model Premium content
...(Mark van Baal) Canada’s oil sands are back Next week marks two years since the axing of the Keystone XL pipeline, which was set to pump heavy oil from Alberta to refineries on the US Gulf Coast....
May 30, 2023
Equities
Global stocks climb after cooler than expected US inflation data
...The Keystone Pipeline was shut down last week after thousands of barrels spilled into a creek in Kansas....
December 13, 2022
The Big Read
Canada’s oil sands: why some of the world’s dirtiest fuel is now in hot demand
...When Joe Biden scrapped a permit for the huge Keystone XL pipeline just hours after entering the White House last year, a death knell seemed to be ringing for Canada’s oil sands, by far the largest supplier...
June 9, 2022
The Big Read
‘Put up or shut up’: can Big Oil prove the case for carbon capture?
...the anti-pipeline politics that ultimately doomed the controversial Keystone XL oil pipeline....
October 20, 2022
Energy Source
Net zero gets ever more distant Premium content
...XL pipeline project last year....
June 14, 2022
Energy sector
Ukraine war: global oil spike roils industry executives
...If Biden had not vetoed the Keystone XL pipeline from Canada, Alberta’s premier Jason Kenney noted in one of the week’s many “we told you so” moments, it could have been pumping crude to the US later this...
March 12, 2022
Oil & Gas industry
Keystone XL pipeline cancelled after Biden scraps US permit
...Production from Canada’s ultra-heavy oil deposits is more carbon intensive than most other forms of crude, making Keystone XL a target for environmentalists, who argue that new pipeline projects encourage...
June 9, 2021
Oil & Gas industry
Cenovus chief urges Trudeau to pay for greening of Canada’s oil sands
...year — and is funding another export pipeline development from the oil sands to Canada’s west coast....
August 8, 2021
FT Live
Climate Capital Live
The leading global platform for climate science, finance and business
Wednesday, 19 March 2025London, UK & Online
On Wall StreetJustin Jacobs
Biden’s green agenda is not the driver of the US petrol price surge
...Critics, for instance, often link today’s high pump prices with president Biden’s cancellation of the Keystone XL pipeline, which would have ferried oil from Canada to the US Gulf coast....
November 13, 2021
Special ReportDecarbonising Power Grids
Death of the ‘mega pipeline’ forces rethink of oil and gas infrastructure
...US president Joe Biden recently cited environmental reasons for rescinding a permit for the Keystone XL pipeline, which would have carried Albertan oil-sands crude to US Gulf Coast refineries....
July 14, 2021
The Big Read
Biden and Ukraine: from climate champion to oil price panic
...The administration, which scrapped the Keystone XL heavy oil pipeline from Canada within hours of entering office last year, now seeks more crude from Venezuela’s sanctioned authoritarian regime....
April 13, 2022
News in-depthOil & Gas industry
Alberta’s oil producers hit record output but confront a dim future
...The request came just two months after US president Joe Biden’s decision to revoke a critical permit led to the demise of the Keystone XL pipeline....
August 17, 2021
Energy Source
What the Ukraine war means for the energy sector Premium content
...Canadian politicians want the Keystone XL pipeline revived. The American Petroleum Institute wants more federal support for domestic drilling. There are calls in the UK to allow fracking....
March 1, 2022
News in-depthClimate Capital
Biden’s climate credentials challenged by oil pipeline brawls
...The success of the campaign against TC Energy’s Keystone XL pipeline has spurred many more against other projects across the US....
June 27, 2021
Oil & Gas industry
Canada must ‘respect’ decision to cancel Keystone XL, minister says
...Canada’s energy minister said the country must “respect” Joe Biden’s decision to scrap the controversial Keystone XL pipeline and dismissed calls from provincial politicians to pursue punitive measures against...
January 22, 2021
The Big Read
Graphics of the year — making sense of 2021
...Ingenuity had reached Mars attached to the underside of the Perseverance rover, which had left Earth on an Atlas V rocket in July 2020....
December 29, 2021
Special ReportInvesting in Canada
Canada’s oil dependence tests Trudeau’s green ambitions
...President Biden cancelled the Keystone XL pipeline, which would have opened an artery for 830,000 b/d of heavy crude to move from Alberta to the US Gulf Coast, on his first day in office — touting it as...
May 12, 2021
Energy Source
Inside the Keystone XL pipeline fallout Premium content
...So said Seamus O’Regan, Canada’s natural resources minister, in an interview with me last week about President Biden’s decision to revoke a key permit for the Keystone XL pipeline....
January 26, 2021

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