If, however, we envisage replacing every conventional coal - fired plant on earth with clean coal, things look very different, for the amount
of pipeline infrastructure required to do this is staggeringly large.
Pipeline operators, as owners
of the pipeline infrastructure, are required to know and understand their pipeline system operating requirements.
Amongst others, the Committee is tasked with making recommendations to ensure that we put the era of contaminated and off - spec products behind us, by tackling issues such as: the integrity
of the pipeline infrastructure; improving pipeline operations and maintenance; continuous training and skills upgrade of pipeline operators; and implementing improved Standard Operating Procedures, including the controlled evacuation and disposal of products under the direct supervision of NPA.
Such optimism must somehow reconcile with all the forces conspiring against Canadian oil: the lack
of pipeline infrastructure or «takeaway» capacity, the occasionally gaping price discount applied to Western Canada Select, the renaissance in oil production unfolding in the U.S., rising Canadian production costs and the flight of investor money out of commodities.
Beyond consumer and business data — energy companies possess much proprietary information about their holdings, trading strategies and exploration and production technologies — the increasing dependence
of pipeline infrastructure on digital systems makes them a particularly ripe target.
Not exact matches
«This incident has really contributed to changing the strategic environment in which these key
pipeline infrastructure decisions are going to be made,» says Mark McClelland, head
of North American research for risk - analysis firm Maplecroft.
And yes, the Dow has a heavy component
of large industrial and energy companies which have recently soared on expectations that President Trump and his administration will sponsor new
infrastructure spending projects and oil
pipeline expansion.
They argued transporting crude by
pipeline would be safer than alternatives like rail, and charged Obama with hypocrisy for complaining about the lack
of investment in U.S.
infrastructure while obstructing an $ 8 billion project.
Last week, Trump replaced the head
of the Federal Energy Regulatory Commission (FERC), a five - person panel that approves certain natural gas
pipeline projects and regulates interstate energy
infrastructure.
President Donald Trump entered office with a promise to expedite energy
infrastructure development, signing executive memorandums reviving the Keystone XL
pipeline and demanding completion
of the Dakota Access
Pipeline in his first days in office.
So yes, we must look ahead and ask what
infrastructure investments will allow us to maximize the value
of our resources, but let's also not lose sight
of the fact that this is exactly what we did before and why our
pipelines are where they are today.
availability
of sufficient
pipeline, gathering, and other transportation facilities and related
infrastructure to process and transport its production and the impact
of these facilities and regional capacity on the prices received for production;
Asian investors in particular are growing weary
of Canada's sluggish pace
of building energy
infrastructure — the
pipelines and liquefied natural gas facilities needed to get Canadian fossil fuels to offshore markets.
The owners
of the Dampier to Bunbury natural gas
pipeline have taken direct control
of asset management activities that previously were run by Babcock & Brown
Infrastructure subsidiary Westnet Energy.
While drilling in ANWR makes sense because Alaska has existing
pipeline infrastructure in place, drilling off the East Coast does not, said John McNabb, former chairman and CEO
of Willbros, one
of the largest energy
infrastructure contractors in the world.
«If it's successful in building the line, Trans - Mountain will be the most significant
of the Pacific directed
pipelines as it will have 1.7 times the export capacity
of Northern Gateway,» says Steven Paget, an energy
infrastructure analyst with FirstEnergy Capital.
What happens next depends directly on the expensive and complicated business
of reworking a North American
pipeline and refining
infrastructure that was built to serve the needs
of an era defined by huge imports
of light, sweet crude.
The speech to the «Oil and Money» conference in London presents an overall vision for transforming Canada from a continental energy player to a global energy powerhouse, a vision that includes improved trade relations with Asia and a major expansion
of infrastructure —
pipelines, in other words — to get Alberta oil to far - flung markets.
«Moreover, much
of our critical
infrastructure — our financial systems, power grids,
pipelines, health care systems — run on networks connected to the Internet.
SYDNEY, March 19 - Australia and the Association
of Southeast Asian Nations agreed during a weekend summit in Sydney to establish a regional
infrastructure pipeline, Australia's foreign minister said, as the bloc seeks to balance rising Chinese influence.
While one
of the
pipelines, the Dakota Access Pipeline (DAPL), is a sound energy
infrastructure project that will help American companies enormously — the other, the Keystone XL Pipeline, mostly benefits Canadian companies and threatens U.S. energy security.
Actual results, including with respect to our targets and prospects, could differ materially due to a number
of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up
of production
of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception
of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall
of our products; ongoing uncertainty in global economic conditions,
infrastructure development or customer demand that could negatively affect product demand, collectability
of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration
of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers
of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits
of the transaction; the risk that retail customers may alter promotional pricing, increase promotion
of a competitor's products over our products or reduce their inventory levels, all
of which could negatively affect product demand; the risk that our investments may experience periods
of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity
of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization
of products under development, such as our
pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development
of new technology and competing products that may impair demand or render our products obsolete; the potential lack
of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.
The Trump administration has announced that it is establishing an office within the Department
of Energy to shore up cybersecurity for critical
infrastructure like nuclear plants, refineries and
pipelines.
On that front, Canada's own record on
infrastructure and «national - interest projects» has room for improvement, Kiefer said, including Kinder Morgan's Trans Mountain
pipeline, which is the subject
of a fierce Alberta-B.C.
Not only the terminals but most
of the source wells and
pipeline infrastructure will be located in B.C., making the provincial government the principal regulator.
«We've have the workforce, and we've been building out these gas - processing facilities, these
pipelines and all the
infrastructures that's required to really support the big LNG boom that we expect to see in the second wave
of LNG in the U.S.,» Brown said.
«I am thrilled that this world - class group
of executives will join me to further strengthen our iconic brands with our industry - leading go - to - market strategies, innovation
pipeline, and global
infrastructure.»
Non-residential building approvals have increased to be above the levels
of recent years and there is a large
pipeline of public
infrastructure investment to be completed (Graph 4).
These benefits would (i) largely go to developers and contractors for
infrastructure projects like new
pipelines that would happen even without new incentives and so be highly regressive; (ii) raise costs by failing to reach the tax - free pension funds, sovereign wealth funds and international investors who are the most plausible sources
of incremental
infrastructure finance; (iii) not encourage at all the highest return maintenance projects like fixing potholes that do not yield a pecuniary return for investors; and (iv) by offering credits at an unprecedented 82 percent rate, invite all kinds
of tax shelter abuse.
In the states examined, the report finds that the lack
of additional
pipeline infrastructure would cost over 78,000 jobs and $ 7.6 billion in GDP by 2020.
The inputs were run through the IMPLAN model to estimate the overall macroeconomic effects
of preserving the status quo, which effectively prevents new
pipeline infrastructure from being developed in the region.
According to its website, this is the «largest energy
infrastructure in North America,» owning interest or operating more than 80,000 miles
of pipelines that transport natural gas, crude oil and more.
The capital expenditure is mainly on building better refining capacity or increasing presence through stores / stations, maintenance
of infrastructure, building delivery
pipelines etc..
The case would clarify whether the province has authority to prevent and manage releases into the environment
of substances like diluted bitumen that could endanger human health, the environment or communities, even on federally regulated
infrastructure like inter-provincial
pipelines or railways.
These benefits would (i) largely go to developers and contractors for
infrastructure projects like new
pipelines that would happen even without new incentives and so be highly regressive; (ii) raise costs by failing to reach the tax - free pension funds, sovereign wealth funds and international investors that are the most plausible sources
of incremental
infrastructure finance; (iii) not encourage at all the highest return maintenance projects like fixing potholes that do not yield a pecuniary return for investors; and (iv) by offering credits at an unprecedented 82 per cent rate, invite all kinds
of tax - shelter abuse.
He also serves as the lead director
of Kinder Morgan, Inc. (NYSE: KMI) which is the largest energy
infrastructure company in North America, owning an interest in or operating over 80,000 miles
of pipelines and 180 terminals.
«The Achilles heel
of the industry may be that people are very resistant to construction
of necessary
infrastructure,» stated the report, which was sponsored by half a dozen oil and gas companies and two law firms representing them and included a list
of the type
of people opposing
pipelines and their motivations.
«Our data
pipeline, scalable
infrastructure and learning systems analyze millions
of data points every day to deliver personalized intelligence to every sales rep. And we are just getting started,» said Malladi, co-founder and chief technology officer
of the company.
«One Belt, One Road,» China's $ 1 trillion
infrastructure initiative, is a massive undertaking
of highways,
pipelines, transmission lines, ports, power stations, fiber optics, and railroads connecting China to Central Asia, Europe and Africa.
The ongoing US recovery, the new US administration's decision to restart the approval process for the Keystone XL
pipeline and other energy projects, and further policy measures, including tax reform, deregulation and
infrastructure spending, could boost both demand and business confidence, igniting animal spirits and leading to an acceleration in the rates
of investment, firm creation and innovation.
Since this debate over
pipelines began in earnest last Fall, Jason Kenney and others have been calling on the federal government to invoke clause 92 (10)(c)
of the Constitution, which allows the federal government to exert authority over
infrastructure such as
pipelines which, «although wholly situate within the Province, are before or after their Execution declared by the Parliament
of Canada to be for the general Advantage
of Canada or for the Advantage
of Two or more
of the Provinces.»
Spark Therapeutics (ONCE)- The $ 2 billion gene therapy pioneer has over a quarter
of its market capitalization in cash, a key ex-US partnership with Novartis (NVS)(can leverage its
infrastructure plus adds credibility to LUXTURNA prospects), and
pipeline of promising assets with several opportunities to create value in 2018.
«I think if you ask most
of them, delayed new
pipeline infrastructure is better for them than none at all,» he said, adding TransCanada has «no intention
of withdrawing our application» if the State Department denies its request for a delay.
This is a company providing necessary
infrastructure, with very little reliance on the underlying pricing
of the commodities that pass through its
pipelines.
Senator Sherrod Brown (D - Ohio) will convene a Senate Banking Committee hearing on Tuesday during which MillerCoors and experts critical
of banks» involvement in physical commodities activities and
infrastructure assets such as storage facilities and
pipelines are likely to heavily criticize banks like Goldman and JPMorgan, which both own large warehouses that store aluminum and trade derivatives contracts reflecting commodity prices.
In the case
of oil,
pipeline and
infrastructure politics continue to limit Canada's access to oil markets in both the United States and Asia.
Half
of global steel production goes into buildings and
infrastructure, which includes products such as beams and
pipelines.
80 %
of its business comes from natural gas and electricity services while the other 20 % is divided among
infrastructure services (
pipelines) and other energy services.
Waitsia has become the prize in the takeover tussle around AWE, with all three
of the mid-cap producer's suitors drawn to the large, relatively low - cost gas resource that lies close to
pipeline infrastructure to the north
of Perth.
Porter also said he is frustrated by the lack
of progress on energy
infrastructure — particularly on the Energy East project, a
pipeline proposed by TransCanada Corp. (TSX: TRP) that would ship 1.1 million barrels
of Alberta oil per day to refineries in Eastern Canada.