Austrian oil and gas group OMV AG said April 24 it would provide long-term financing to secure 30% of its share of project costs of the Nord Stream 2 pipeline from Russia.
The Houston-based company said it expects ultimate potential throughput capacity of up to roughly 450,000 bbl/d, depending on shipper commitments in the open season.
Stratas Advisors tracks updates on North American projects.
Williams Partners's pipeline expansion has been green-lighted to link Northeast natural gas supplies from the Marcellus and Utica shales to growing demand in the Southeast.
The project is worth more than 50 billion riyals (US$13.3 billion) and, when completed in 2019, will be the first program in the kingdom to treat gas from both onshore and offshore fields.
Trudeau said the Great Bear Rainforest in the west coast province of British Columbia is no place for a crude oil pipeline. The comments come after a Canadian court last month overturned federal approval of Enbridge's project.
TransCanada submitted a notice for an arbitration claim in January and tried to negotiate with the U.S. government before filing its formal arbitration request under North American Free Trade Agreement provisions.
The decision prompted immediate outcry from critics, who called on Canadian Prime Minister Justin Trudeau to block the twinning of the existing pipeline, which carries oil from Alberta to a port in Metro Vancouver.
Constitution said in a statement it has filed a lawsuit in the U.S. Court of Appeals fighting last month's ruling by the New York State Department of Environmental Conservation that denied the project a water permit in the state.
Pennsylvania retail mall operator may have offered clue to Shell's plans to develop a world-class ethane cracker in the natural gas-rich Marcellus and Utica shale region.
FERC’s approval authorizes UGI Sunbury to proceed with construction of the Sunbury Pipeline in the heart of the Marcellus Shale.
Long considered a front-runner in the race to build Canada's first LNG export project, the consortium behind Pacific NorthWest pledged last June to start construction as soon as it was approved by regulators, eyeing the end of 2015.