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Channel: Keystone XL – Institute for Energy Economics & Financial Analysis
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Federal judge halts Keystone XL construction pending new environmental analysis

CNBC: A federal judge in Montana halted construction of the Keystone XL oil pipeline on Thursday on the grounds that the U.S. government did not complete a full analysis of the environmental impact of...

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IEEFA U.S.: ExxonMobil goes back large into risky Canadian oil sands

ExxonMobil’s (“XOM”) Canadian subsidiary Imperial Oil has announced its intention to invest C$2.6 billion[1] in the Aspen mines, an oil sands project in Alberta, Canada. This is big news. In February...

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U.S. State Department to conduct new review of Keystone pipeline

Reuters: The U.S. State Department will conduct another environmental review of TransCanada Corp’s long-pending Keystone XL oil pipeline, a U.S. official said on Friday, a move that could lead to...

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Opponents return to court to block latest Trump administration move on...

Associated Press: Opponents of the long-stalled Keystone XL oil pipeline asked a federal court Friday in a lawsuit to declare President Donald Trump acted illegally when he issued a new permit for the...

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Foreign investors selling their stakes in Canada’s oil industry

Bloomberg: Capital keeps marching out of Canada’s oil industry, with Kinder Morgan Inc.’s sale of its remaining holdings in the country on Wednesday adding to more than $30 billion of foreign-company...

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Cancellation of Constitution pipeline a troubling sign for other projects,...

S&P Global Market Intelligence ($): The cancellation of a proposed natural gas pipeline into New York may be a sign of challenges ahead for other projects, both at the grassroots level and in...

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Controversial Keystone XL pipeline project still faces serious economic...

Omaha World-Herald: The Keystone XL pipeline has faced bureaucratic hurdles, court challenges and the determined opposition of environmental groups. But the biggest challenge to the project at this...

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Another delay for Keystone XL pipeline project

The Guardian: The controversial Keystone XL tar sands pipeline has been dealt a major setback, after a judge revoked a key permit issued by the U.S. Army Corps of Engineers without properly assessing...

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Court decision likely to prompt additional delays for Atlantic Coast,...

Reuters: The two biggest U.S. natural gas pipelines under construction are likely facing more delays after an appeals court ruling against the Army Corps of Engineers, energy analysts said. The Trump...

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Gas pipeline setbacks pushing U.S. utilities to embrace renewables, analysts say

Greentech Media: Legal challenges halted several major pipeline projects across the U.S. in recent days, underscoring a seismic shift facing the U.S. utility industry: the rise of renewables as a...

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IEEFA update: Three major pipeline projects are scrapped in short order

Difficult and complex decisions are being made to reject the buildout of oil and gas pipelines in the United States and Canada. Long-term debates have finally come to a head, and three major pipeline...

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Atlantic Coast, Keystone XL, Dakota Access — for pipeline companies, winning...

If you are a pipeline developer, landmark court victories just aren’t what they used to be. Dominion Energy and Duke Energy announced on Sunday that they are canceling their proposed Atlantic Coast...

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IEEFA Energy Finance Conference 2020 roundup: Local leadership, global change

The transition to renewable energy is frequently advocated on environmental grounds, but the financial case for moving away from fossil fuels is becoming undeniably clear, according to experts speaking...

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IEEFA U.S.: Investors in gas-fired projects in largest regional power system...

October 5, 2020 (IEEFA) — The landscape for developers of natural gas-fired power plants in the nation’s largest regional power system has shifted dramatically over the last decade, according to a...

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Biden revokes permit for Keystone XL pipeline, likely killing project

NPR: As part of his ambitious plan to address climate change, President Biden is revoking a key cross-border presidential permit needed to finish the controversial Keystone XL pipeline This likely...

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TC Energy finally pulls plug on Keystone XL oil pipeline

Wall Street Journal ($): Canada’s TC Energy Corp and the Albertan provincial government said Wednesday they would scuttle the Keystone XL oil pipeline project, bringing to an end a years-long...

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IEEFA: Keystone XL project became another pipeline to nowhere

As the Federal Energy Regulatory Commission (FERC) reviews the public comments it recently received on its proposal to reconsider how it determines whether a gas pipeline should be granted a...

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Plains All American, Valero scrap Tennessee-to-Mississippi Byhalia pipeline

Memphis Commercial Appeal: The company planning to build the Byhalia Connection pipeline on Friday announced that it is abandoning the project, bringing a sudden end to one of the biggest environmental...

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Keystone XL developer plans switch to renewables to operate pipelines

Reuters: Canadian pipeline operator TC Energy Corp (TRP.TO) could spend billions of dollars on its plans to lower emissions by switching to renewable energy to run its huge network of U.S. and Canadian...

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Biden White House faces major test with Arctic drilling project

Inside Climate News: The Biden administration is facing a major test for its climate agenda in the Alaskan Arctic, where an oil company is proposing a 30-year development that would pump more than...

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