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With Boom in Oil and Gas, Pipelines Proliferate in the U.S
2014-10-06 16:03:00| Climate Ark Climate Change & Global Warming Newsfeed
Yale Environment 360: In the spring of 2012, about nine years after Melissa Owen and her husband purchased 640 acres of remote Arizona desert that they hoped to turn into a wildlife refuge, a representative from the energy giant Kinder Morgan knocked on their front door. The man said his company planned to Melissa Owen A gas pipeline is being built on Melissa Owen's land in Arizona, despite her opposition. build a natural gas pipeline through her property and hoped to get the Owens' consent. They didn't give it, and...
Enbridge aims to grow beyond oil pipelines; eyes gas, international projects
2014-09-30 19:36:16| Oil & Gas - Topix.net
Enbridge Inc. is looking to diversify beyond its core North American oil shipping business, eyeing opportunities to grow its presence in natural gas pipelines, power generation and the international space. CEO Al Monaco told shareholders Tuesday its vast oil network will contribute the "lion's share" of earnings through 2018, but Enbridge will look for ways to become a bigger player in areas that only contribute about 10 per cent of its earnings today.
Tags: international
eyes
projects
gas
Enbridge aims to grow beyond oil pipelines; eyes gas, international projects
2014-09-30 19:25:30| Energy - Topix.net
Enbridge Inc. is looking to diversify beyond its core North American oil shipping business, eyeing opportunities to grow its presence in natural gas pipelines, power generation and the international space. CEO Al Monaco told shareholders Tuesday its vast oil network will contribute the "lion's share" of earnings through 2018, but Enbridge will look for ways to become a bigger player in areas that only contribute about 10 per cent of its earnings today.
Tags: international
eyes
projects
gas
UPDATE 1-Morgan Stanley takes stake in Magnum Hunter natgas pipelines
2014-09-16 23:28:20| Oil & Gas - Topix.net
Magnum Hunter Resources Corp said on Tuesday it will sell a stake in a natural gas gathering unit in U.S. Marcellus and Utica shale fields to the infrastructure investment unit of Morgan Stanley, giving the two co-ownership in the business valued at $1 billion. In addition, Morgan Stanley Infrastructure will also buy about 41 percent in Eureka Hunter from a unit of ArcLight Capital Partners LLC, a U.S. private equity company, for an unspecified amount.
Tags: update
takes
hunter
stanley
Keystone XL pipeline's cost in South Dakota more t...
2014-09-16 18:17:01| Oil & Gas - Topix.net
The cost of the South Dakota portion of TransCanada Corp's Keystone XL pipeline has more than doubled to $1.974 billion in the last four years the project has awaited federal approval, the company said in a petition filed with the state Public Utilities Commission on Monday. The leap in costs from the previous 2010 estimate of $921.4 million is due to factors including the protracted regulatory process, inflation, currency changes, labour cost increases and materials storage, TransCanada spokesman Shawn Howard said.
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