President expected to announce denial of TransCanada project before Labor Day holiday, sources say.
Alberta’s energy minister, Marg McCuaig-Boyd, said royalty rates paid by oil and gas companies will not change until 2017, helping companies budget for the important winter drilling season, Reuters reported.
U.S. oil producers should be able to export oil, supporters say, if Iranian producers can under an international agreement easing sanctions in exchange for limits on nuclear development, Reuters said.
White House spokesman Josh Earnest said he had not seen report in a Canadian newspaper saying President Barack Obama would deny permit for Keystone before Labor Day weekend, Reuters reported.
TransCanada might convert 3,000 kilometers of one of its Canadian Mainline pipelines that is currently not fully contracted on a firm basis from gas to oil service for Energy East.
Colombia's Cano Limon-Covenas oil pipeline is back online after being offline for 67 days because of rebel attacks, according to mines and energy minister. Ecopetrol operates the pipeline, Reuters said.
Natural resources contamination resulted from refineries in Bayonne and Linden, N.J., and elsewhere. Some surface water damages claims can still be pursued, said John Hoffman, acting attorney general, Reuters said.
Gov. Jack Dalrymple of North Dakota will not seek re-election in 2016, Reuters reported. Dalrymple helped tighten Bakken Shale regulatory standards and pushed through regulations concerning rail transport of oil.
According to Iran's oil minister, Bijan Zanganeh, holding an emergency OPEC meeting might help stabilize the price of oil, Reuters reported from a statement from oil ministry news agency Shana.
A NuVista Energy pipeline leaked about 629 barrels of oil and water emulsion. The leak, 31 miles northeast of Rainbow Lake, Alberta, was identified Aug. 14, Reuters said.
The environmental tick of approval covers the installation, operations and decommissioning phases for the development of the Torosa, Brecknock and Calliance fields using FLNG technology.
The API said that the industry has achieved significant reductions in methane releases. 'The oil and gas industry is leading the charge in reducing methane,' said API's Gerard.