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.
Spill occurred at edge of national marine sanctuary and state-designated underwater preserve teeming with whales, dolphins, sea lions, about 60 species of sea birds and over 500 species of fish, Reuters reported.
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.
TransCanada pulled and refiled its HSR application on May 6, setting new 30-day period for review by FTC. The transaction’s closing is still expected in the second half of 2016.
Additive at center of the case, methyl tertiary butyl ether, or MTBE, is an oxygen-containing substance added to gasoline to promote more complete combustion and reduce air pollution, Reuters reported.
The proposal is expected to require new and modified oil and gas processing and transmission facilities to find and repair methane leaks, capture natural gas from fracked oil wells and limit emissions from equipment.
The question of how to improve oil, gas and liquids markets each have the same answer: move production to the U.S. Gulf Coast. Even before the current price downturn, producers were attempting to move volumes south in order to improve optionality, reduce bottlenecks and gain greater netbacks.
In Fort McMurray, center of Canada’s oil sands, gas has been turned off, power grid is damaged and water is undrinkable. About half of crude output is now offline, Reuters said.
Nord Stream-2 consortium, including Gazprom, E.ON and others, says project is purely commercial and that Russian pipeline gas is cheaper than LNG, which the U.S., for instance, can supply, Reuters reported.
Project, which would take oil sands crude from near Edmonton, Alberta, to a deepwater port at Kitimat on British Columbia's northern coast, has faced opposition from communities along the route.
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.