Sentences with phrase «us pipeline company»

Lewenza recommends buying stocks in integrated companies — those that both produce and refine oil, so that one part of the business is essentially benefiting from the misfortune of the other — as well as in oil transportation, such as pipeline companies.
Energy infrastructure stocks, such as pipeline companies Enbridge Inc. (TSX: ENB) and TransCanada Corp. (TSX: TRP), should continue to see growth no matter the rate environment, says Bushell.
He took out a home equity loan for $ 30,000 to make ends meet, and eventually found another job at a pipeline company, but for half his previous salary.
These developments raise the possibility that Canada's two leading pipeline companies will lose out to American rivals in the race to get fast - rising oil production from Alberta, Saskatchewan and North Dakota to higher paying refiners on the Gulf Coast, Asia and California.
Talisman Energy Inc. (TSX: TLM): John Manzoni was turfed in September in favour of Hal Kvisle, the former chief executive of pipeline company TransCanada.
All the while, regulators in both countries are coming down hard on the pipeline companies in the wake of a scathing assessment by the National Transportation Safety Board, released in Washington in July, of the causes behind a disastrous Enbridge spill in Kalamazoo, Mich., two years ago.
She says her role at the pipeline company is more senior than the one she had at MacMillan Bloedel: «I advise executives and the board.»
Energy and pipeline companies will ultimately have to do the same thing, adds Glen Hodgson, vice-president and chief economist for the Conference Board of Canada.
The pipeline company set a deadline of May 31 to reach a deal, or consider scrapping the project altogether.
The Houston - based pipeline company grew profits on its $ 43.5 billion in revenue by 373 % in 2014.
CNBC's Jackie DeAngelis reports on pipeline companies working to build out infrastructure within our borders that could move more oil than Keystone.
The pipeline company says the profit amounted to 83
& # 9660 Enbridge Canada's largest oil pipeline company sailed through the recession like a lifeboat for scared investors as it kept hiking its profits and dividends.
A «no» from the State Department would cause pipeline companies to redirect capital to fixing those inefficiencies in piecemeal ways.
The attack's target appears to have been Latitude Technologies, a Texas - based provider of electronic data - sharing between pipeline companies and their gas producer and utility customers.
Wondering how an oil storage and pipeline company could grow revenue 73 % during a year when declining crude prices crushed most companies in that industry?
Employees of several pipeline companies have been targets of spear - phishing attacks — efforts to lure them to click on email attachments containing malicious code.
On Monday, Alberta introduced legislation that allows the energy minister to use export permits to tell truckers, pipeline companies and rail operators how much of what products can be shipped when and where.
There was a 49 percent spike in the number of tech IPO pipeline companies headquartered in New York than there were last year.
It would direct pipeline companies, truckers and rail operators on how much oil product they ship and when.
He also signed three additional actions to expedite environmental reviews for «high priority infrastructure projects,» streamline the permitting process for domestic manufacturing and to insist pipeline companies buy materials from U.S. companies.
Over his nine - year stint as CEO, the pipeline company's stock rose 138 %.
In addition to oil pipeline company Kinder Morgan, which has established its Trans Mountain Expansion Project office near the pipeline's terminus in suburban Burnaby, Enbridge is reportedly (and belatedly) opening an office to help manage its Northern Gateway application.
Picha said he was notified in a timely manner of the most recent discovery in a new area but didn't report it to the commission because he thought the pipeline company would.
American pipeline company Kinder Morgan's announcement that it will expand its Trans - Mountain oil pipeline to 850,000 barrels a day confirms something pipeline watchers have been quietly saying for a while: it will likely beat Enbridge in the race to build a big oilsands export pipeline to the Pacific.
Marathon Petroleum is buying Texas refiner and pipeline company Andeavor in a transaction worth more than US$ 23 billion.
By 2013, pipeline companies plan to have capacity for 1.65 million barrels of crude a day than Canada's energy companies expect to export.
Texas pipeline company Kinder Morgan issued an ultimatum yesterday: give our shareholders confidence that we can build the Trans Mountain oil tanker project, or we're walking.
For pipeline companies with major proposals on the table, such as TransCanada and Enbridge, falling oil prices are a game changer of the same magnitude that rising prices were a decade ago.
The tiff is a mirror image of the fights produced when pipeline companies overbuilt natural gas capacity in Alberta in the 1990s, which has led to problems that continue today.
The government, which has centralized control over resource development in the Prime Minister's Office, made the changes after lobbying from pipeline companies that portrayed the fisheries law as «onerous.»
And that's where we are now, where no given pipeline company or ministerial department could possibly adequately respond to the amount of opposition there now is.
Interview those in government, the pipeline companies, and individuals affected by these decisions.
Using soldiers against First Nations on behalf of a climate - wrecking foreign pipeline company would throw Confederation into upheaval and destroy Trudeau's international brand.
And we know it wouldn't be the first time Christy Clark lobbied for a pipeline company.
ZUT also holds one oil pipeline company, Pembina: not strictly a utility but the same idea.
After Obama sandbagged TransCanada, and all the Alberta producers that were going to supply it, I wouldn't want to be a U.S. pipeline company looking for regulatory approval in Canada these days
So why did the federal government grant permission — and permits — to the Texas - based pipeline company?
Christy Clark and her BC Liberal party collected more than $ 771,000 in campaign donations from the Texas pipeline company and its oil patch backers.
Guidance from pipeline company Enbridge Inc. that it will modestly reallocate some light oil pipeline space on its Mainline for heavy crude and additional rail capacity smoothed the flow of oil, analysts have said.
She is against a Louisiana state bill, HB 727, which has been approved in committee and if passed, would considerably strengthen penalties against pipeline protesters and landowners, like herself, who consider standing in a pipeline company's way.
Instead, she finds fault with the pipeline companies for using the threat of eminent domain to seize private land when they just plan to export the product.
«The takeaway from it is that even though the technology is getting better and pipeline companies are spending a lot more money on inspecting pipelines, there's been an uptick in failures over the last decade,» said Carl Weimer, executive director of the Pipeline Safety Trust, a Bellingham, Washington - based watchdog group.
For Spectra, they do have some West Coast operations in Canada, but I like the narrower — it's not a narrow focus by any means, because it's one of the largest pipeline companies in North America, but it's a more narrow focus than Kinder Morgan is.
By law, the board should not consider a pipeline company's safety record when granting a permit.
22nd September 2017 According to South African rail, port and pipeline company Transnet, increasing rail capacity in South Africa is critical for unlocking coal export opportunities, both for neighbouring African countries and for the domestic market.
The belief was that KMI would be immune to oil price volatility, given that they acted as a tollbooth operator (they are a pipeline company), and benefit from take - or - pay contracts that generate revenue based on volume.
While the rail companies have improved their performance and safety, they still have far more incidents than pipeline companies.
Earlier this month, pipeline company Kinder Morgan announced it will suspend all «non-essential» activities and «related spending» on the federally - approved Trans Mountain pipeline expansion.
I still own it but unlike utilities, the pipeline companies are quite sensitive to oil prices so their earnings growth is not so predictable.
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