Thinkstock An 80-mile-long chunk of the Vantage Pipeline system to carry ethane gas from North Dakota to Alberta has been approved by the U.S. State Department and the President. Ethane is used…
ThinkstockCrestwood Midstream Partners L.P. (NYSE: CMLP), Inergy L.P. (NYSE: NRGY) and Inergy Midstream L.P. (NYSE: NRGM) today announced that the companies have agreed to merge in a deal that will create a…
ThinkstockOne of the transportation methods commonly offered as an alternative to crude oil and refined product pipelines is rail transport. Last weekend’s 10,000 gallon rupture in an Exxon Mobil Corp. (NYSE: XOM)…
ThinkstockThe long running saga that is the construction of TransCanada Corp. (NYSE: TRP) Keystone XL pipeline may be coming to an end. Designed to transport oil from the Athabasca oil sands in Canada…
Jon Ogg24/7 Wall St. has tracked many stocks on the move in the last week. Now it is the weekend and this can be considered your weekend cheat sheet for the stocks…
courtesy U.S. State DepartmentU.S. Secretary of State John Kerry waded cautiously into the debate surrounding the planned Keystone XL oil pipeline during last week’s meetings with his Canadian counterpart. Supporters describe the…
U.S. equity markets opened about flat this morning on another day devoid of significant data releases. In Asia, markets in China and Hong Kong remain closed for the holiday, but Japan’s Nikkei…
U.S. equity markets opened lower this morning on a day that may be the least active of the year so far. The major Asian exchanges are closed today, with Shanghai and Hong…
courtesy U.S. State DepartmentGovernor Dave Heineman of Nebraska has sent a letter to President Obama today expressing his approval for the re-worked Keystone XL pipeline project through the state. Heineman’s approval can…
ThinkstockPipeline master limited partnership Kinder Morgan Energy Partners LP (NYSE: KMP) announced this afternoon that it will update the scope of its expansion of the Trans Mountain pipeline system that currently moves…
courtesy U.S. State DepartmentThe much-maligned Keystone XL pipeline project proposed by Transcanada Corp. (NYSE: TRP) today received a go-ahead from the state of Nebraska’s Department of Environmental Quality. The state’s governor, Republican…
Paul Ausick thinkstockLooking back on 2012, it is hard to discern the biggest story in the oil and gas sector. The reshuffling of assets was certainly a contender, as was the huge growth in…
ThinkstockLooking back on 2012, it is hard to discern the biggest story in the oil and gas sector. The reshuffling of assets is certainly a contender, as is the huge growth in…
thinkstockAustralia has been a center of development for liquefied natural gas (LNG) development for several years now, and the first wave of projects are scheduled to be operational in 2014. But as…
Just as WTI crude trades at a discount to Brent crude, so too does crude for Canada’s oil sands (called Western Canada Select) trade at discount to WTI. The WTI-Brent spread is…
