Sentences with phrase «oil pipeline infrastructure»

Not exact matches

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.

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 markeOil 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 markeoil to far - flung markets.

The pipeline is critical to Canada, which needs infrastructure in place to export its growing oil sands production.

CNBC's Jackie DeAngelis reports on pipeline companies working to build out infrastructure within our borders that could move more oil than Keystone.

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.

Sources reported that an armed militia from Zintan, directly linked to the heavily armed Petroleum Facilities Guard, which was set up to protect the country's oil and gas infrastructure, has closed the El Feel and Hamada fields by blocking their respective pipelines.

U.S. oil and natural gas production from Pennsylvania could help power Ontario and Quebec for instance, even as Canadian shale flowed through pipelines from Alberta to the U.S. Infrastructure matters a lot in these settings, especially given the difficulties most companies are facing in building new pipelines (Exhibit A: see the Dakota Access Pipeline).

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 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.

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.

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.

It is time to not only ban fracking, but halt new investments in fossil fuels and related infrastructure, including pipelines, gas - fired power plants, fracking waste dumps, fossil fuel storage depots in the salt caverns by Seneca Lake, LNG exports at Port Ambrose, crude oil «bomb trains,» and a tar sands oil heater at the Port of Albany.

Cross-Border Energy Infrastructure — Vote Passed (254 - 175, 4 Not Voting) The House passed the bill that would establish a new system for the approval and permitting of border - crossing oil and gas pipelines and electrical transmission lines.

Hawkins opposes any investment in new fossil fuel infrastructure, including natural gas pipelines and power plants, LNG port terminals, liquefied propane and butane and natural gas storage in the Seneca Lake salt caverns, and crude oil heaters at the Port of Albany.

Robert Reynolds, a consultant who has studied ethanol infrastructure for the Department of Energy, says ethanol would have to make up at least 30 percent of the gasoline supply to justify the expense of making current oil pipelines fit for sharing.

At the same time, the big thaw will make getting the oil out more expensive — billions of dollars in infrastructure investments in pipelines, roads and the like will be damaged as the ground shifts beneath them.

And it could imperil vital infrastructure such as oil pipelines and rigs, as well.

The World Energy Outlook 2016, released last week, is just one among an increasing line of studies showing how nations need to slow and, ultimately, phase out investment in new fossil fuel supply infrastructure — from oil fields and pipelines to coal mines — if they are serious about keeping warming to 2C or less.

Since going public in 1998, Enterprise has grown into one of the largest energy infrastructure companies in the world with approximately 50,000 miles of natural gas, natural gas liquids, crude oil and refined products pipelines and 260 million barrels of storage capacity.

It provides essential services to oil and gas producers in the Western Canada Sedimentary Basin through its integrated network of infrastructure, which includes gathering pipelines, natural gas processing plants, natural gas liquids processing, transportation, and storage facilities, and an industry - leading condensate handling system.

Enbridge has leading regional infrastructure in the Alberta oil sands and the Bakken area and a leading crude oil pipeline from the Canadian oil sands to the U.S. Midwest.

MLPs, often spin - offs from energy companies, operate large parts of the nation's energy infrastructure, such as oil pipelines, natural gas processing facilities and storage depots.

The opportunity to avoid double taxation, at the corporate and individual level for other companies, is a huge advantage and many oil & gas conglomerates spin off their infrastructure assets and pay a transaction fee to the partnership for pipeline or storage needs.

Texas has always been known for its oil fields, but advances in technology and pipeline infrastructure has allowed the oil industry to boom in other parts of the country.

Overall, I have yet to see anyone rebut the simple calculations of Vaclav Smil, the resource and risk polymath at the University of Manitoba, who has shown how capturing and processing just a small percentage of today's CO2 from coal combustion would require as much pipeline and other infrastructure as is now used globally to get oil — a costly commodity — out of the ground.

Vaclav Smil at the University of Manitoba has calculated that capturing, compressing and storing just 10 percent of current CO2 emissions — here and now — would require as much pipeline and plant infrastructure as are now used worldwide to extract oil from the ground.

And the MidwesternGovernors Association, major advocates for CCS development state: «With unstable oil prices, commercially proven technology and know - how readily available and private capital waiting to invest, the MGA CCS Task Force aims to address the major remaining barrier to ramping up EOR: the lack of industrial sources of captured CO2 large enough and sufficiently long - term to justify private investment in pipelines and other infrastructure needed to expand EOR to additional fields.»

Filed Under: *, EU Policy, Oil, Gas & Coal, Videos Tagged With: Brussels, diversification, energy efficiency, energy security, energy storage, energy transition, energy union, energy2030, EU energy policy, European gas market, gas pipelines, infrastructure, LNG, natural gas, nuclear energy

Filed Under: *, Energy, Energy efficiency, EU Policy, Oil, Gas & Coal Tagged With: Brussels, diversification, energy efficiency, energy security, energy storage, energy transition, energy union, energy2030, EU energy policy, European gas market, gas pipelines, geopolitics, heating & cooling, infrastructure, LNG, natural gas, renewables, Russia

Credits for using giant machines to remove the gas are not likely to be accepted internationally for a long time, if at all, not least because the industrial infrastructure needed for extraction would need to be about as big as the infrastructure that puts it there — oil wells, coal mines, railways, pipelines, power plants, refineries and so on.

With projects like rail terminals, pipelines east and south, and other infrastructure underway to move oil sands, Keystone XL barrels would be far from marginal.

Fossil fuel power plants like oil, coal, and gas not only pollute but must have a constant delivery of fuel, which can be a challenge where transportation and pipeline infrastructure is underdeveloped.

This means that in order to sequester just a fifth of current CO2 emissions we would have to create an entirely new worldwide absorption - gathering - compression - transportation - storage industry whose annual throughput would have to be about 70 percent larger than the annual volume now handled by the global crude oil industry whose immense infrastructure of wells, pipelines, compressor stations and storages took generations to build.Technically possible — but not within a timeframe that would prevent CO2 from rising above 450 ppm.

Building new infrastructure like the KXL pipeline, to lock the system into decades more of supporting development of a major new source of oil supply, would take the U.S. in the wrong direction.

The East China Sea's biggest piece of offshore energy delivery infrastructure is a 440 - kilometer long oil and gas pipeline system connecting Shanghai to the Pinghu Field.

Oil and gas pipelines are a typical analogy for the scale and nature of infrastructure required, but have significant differences: the science of fossil fuel reserves was limited when much of the industry was created, and under business - as - usual the price of oil can be expected to rise as reserves go down, thus stretching out the time in which the investment is worthwhiOil and gas pipelines are a typical analogy for the scale and nature of infrastructure required, but have significant differences: the science of fossil fuel reserves was limited when much of the industry was created, and under business - as - usual the price of oil can be expected to rise as reserves go down, thus stretching out the time in which the investment is worthwhioil can be expected to rise as reserves go down, thus stretching out the time in which the investment is worthwhile.

While crude oil is traded globally via tankers and pipelines, natural gas trading remains primarily isolated within the US and Canada and lacks the infrastructure to be a true global commodity.

At the same time, the budget bill came freighted with legislation intended to «streamline» environmental review processes in the hope of fast - tracking oil pipelines and other large energy infrastructure projects, and it has handed the Canada Revenue Agency $ 7 million to intensify its scrutiny of environmental charities — especially the ones labelled «foreign radicals» by Natural Resources Minister Joe Oliver in a fiery Globe and Mail op - ed calling for approval of Enbridge's $ 5 - billion Northern Gateway pipeline from Alberta's oil sands to the coast of northern B.C.

Oil and natural gas pipelines transport energy at a 99.999 percent safety rate, and investing in additional energy infrastructure will ensure we can continue to deliver affordable energy to homes and businesses throughout the nation.

• Scale: Achieving the Intergovernmental Panel on Climate Change's long - term sequestration goals means boosting deep geological carbon dioxide storage from about 5 megatons per year to more than 22,000 megatons annually by the end of the century — an «unprecedented» undertaking that Mr. Thomson says will involve extensive new facilities and pipelines that would rival the world's oil industry infrastructure.

Brian Straessle, a spokesman for the American Petroleum Institute, which represents much of the oil and gas industry in Washington, D.C., said the industry «is highly regulated at the state and federal level, and there are strong standards in place to govern the pipeline infrastructure that helps fuel our economy.

Indeed, it probably rivals the entire existing pipeline infrastructure deployed by the oil and gas industries.

Overproduction of coal, gas and oil spells trouble for investors in mines, pipelines, ports and the other infrastructure needed to transport fossil fuels round the globe.

The widespread environmental devastation caused by Hurricane Ike has been pretty well documented — the oil spills (about a half a million gallons worth), a missing drill rig, and destroyed pipelines and infrastructure were all bad

The gut - check issue for McKibben and his supporters — thousands of whom turned out for a mass demonstration in Washington, D.C., on Feb. 17 — is the Keystone XL pipeline, a 3,400 - mile pipe proposed by oil infrastructure company TransCanada that will allow crude oil extracted from the tar sands of Alberta, in southern Canada, to be refined on the Gulf of Mexico.

Fracked gas pipelines are also a key component of the tar sands infrastructure: up to 60 per cent of fracked gas extracted in Canada is actually used to fuel other parts of the oil and gas industry, including the tar sands.

The group brings together members of the bar who represent clients in the rapidly changing legal environment in infrastructure and regulated industries including the aviation, communications, electricity, gas, oil pipeline, railroad, transportation infrastructure, and water industries.

The Global Projects group includes our energy projects practice (representing sponsors in the development of upstream oil and gas, LNG, pipeline, petrochemical, refinery and electric power projects, as well as in the acquisition and divestiture of interests in such projects), our project finance practice (representing both sponsors and lenders on energy and infrastructure projects), our energy regulatory practice (representing regulated entities; investors and customers / ratepayers of regulated entities, including electric generation, transmission and distribution; and LNG and natural gas production, gathering, transportation and distribution companies on U.S. federal and state regulatory and permitting issues), our real estate practice (representing developers and lenders on real estate projects, and acquisitions and divestitures of interests in such projects) and our international trade practice (representing clients in matters involving U.S. federal regulation of exports, imports, overseas investment and financial transactions).

Even if his reasons bear on transportation of physical, solid freight, one might argue that different considerations accrue with pipelines transporting oil and gas in liquid forms and facing particular business realities in the fact that they depend upon the laying down of massive amounts of new infrastructure in their construction.