Enbridge to assume operation of Gray Oak oil pipeline in Texas
Enbridge Inc. says it has completed a deal that will see the Calgary-based pipeline giant become operator of the Gray Oak oil pipeline in Texas.
Enbridge says its joint venture merger deal with Houston-based energy company Phillips 66 will result in a single joint venture holding both companies’ indirect ownership interests in Gray Oak, as well as DCP Midstream LP, a Denver-based natural gas company.
Companies plan $2.6B investment in major Alaska oil project
ANCHORAGE, Alaska (AP) — Two oil and gas companies have announced plans to invest $2.6 billion into developing a major oil field on Alaska's North Slope. Australia-based Santos and Spain-based Repsol made the announcement, which was lauded by state political...
Ruling clears Biden’s 2021 pause on new oil, gas leases
NEW ORLEANS (AP) — A judge’s order that forced the Biden administration to resume sales of oil and gas leases on federal land and waters was vacated Wednesday by a federal appeals court in New Orleans. It was at least a temporary victory for President Joe Biden but...
Releasing oilsands tailings into river only one solution being considered: Guilbeault
Releasing treated oilsands tailings into the environment isn’t the only solution being considered to clean up the massive toxic ponds in northern Alberta, federal Environment Minister Steven Guilbeault says.
Guilbeault said Wednesday that even though his government is developing regulations on how the tailings could be drained into the Athabasca River, other solutions are under review.
“We’ve never said that this is the only solution we’re contemplating,” he said. “We haven’t ruled out the possibility of finding technical solutions to tailings ponds issues.”
Royal Helium reaches total depth at Val Marie-1 helium well, qualifies for incentive tax credit and will list on London exchange
On Aug, 16 Royal Helium Ltd. reported that its Val Marie-1 helium exploration well has reached its total depth of 2,596 metres.. The company has also qualified for a provincial incentive royalty tax credit, and will be listing on a London exchange.
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