Keystone XL

IEEFA Research

Report: ‘A Constellation of Risks’: How Public Accountability Is Slowing Tar Sands Development

Report: ‘A Constellation of Risks’: How Public Accountability Is Slowing Tar Sands Development

Material Risks: How public accountability is slowing tar sands development (pdf) By: Tom Sanzillo (IEEFA), Lorne Stockman (Oil Change International), Deborah Rogers (Energy Policy Forum), Hannah McKinnon (Oil Change International), Elizabeth Bast (Oil Change International), and Steve Kretzmann (Oil Change International)

October 29, 2014 Read More →

More News and Commentary

U.S. State Department to conduct new review of Keystone pipeline

Reuters: The U.S. State Department will conduct another environmental review of TransCanada Corp’s long-pending Keystone XL oil pipeline, a U.S. official said on Friday, a move that could lead to additional delays of the project. The so-called supplemental environmental impact statement was ordered by Judge Brian Morris of the U.S. District Court in Montana in […]

December 3, 2018 Read More →

IEEFA U.S.: ExxonMobil goes back large into risky Canadian oil sands

Two years after writing down its reserves, XOM subsidiary Imperial invests again

ExxonMobil’s (“XOM”) Canadian subsidiary Imperial Oil has announced its intention to invest C$2.6 billion[1] in the Aspen mines, an oil sands project in Alberta, Canada. This is big news. In February 2017, the company formally de-booked 4.6 billion barrels of reserves in the Canadian oil sands, 19% of XOM’s worldwide reserves. The Aspen announcement was […]

November 29, 2018 Read More →

Federal judge halts Keystone XL construction pending new environmental analysis

CNBC: A federal judge in Montana halted construction of the Keystone XL oil pipeline on Thursday on the grounds that the U.S. government did not complete a full analysis of the environmental impact of the TransCanada project. The ruling deals a major setback for TransCanada and could possibly delay the construction of the $8 billion, […]

November 9, 2018 Read More →

Keystone XL pipeline fight heads to Nebraska Supreme Court

Omaha World-Herald: Attorneys for opponents of the Keystone XL pipeline and TransCanada will square off Thursday morning before the Nebraska Supreme Court in a lawsuit that could erect a new roadblock to construction of the $8 billion project. Landowners who oppose the pipeline, as well as environmental groups and Indian tribes, are seeking to nullify […]

November 1, 2018 Read More →

Sioux tribe sues U.S. over Keystone XL approval

Casper Star-Tribune: Native American tribes in Montana and South Dakota sued the Trump administration on Monday, claiming it approved an oil pipeline from Canada without considering potential damage to cultural sites from spills and construction. Attorneys for the Rosebud Sioux tribe and Fort Belknap Indian Reservation asked U.S. District Judge Brian Morris in Great Falls, […]

September 11, 2018 Read More →

Federal judge orders updated environmental review for Keystone XL

Omaha World-Record: A federal court in Montana has ruled that TransCanada must conduct an additional environmental review before it moves forward with the alternative route that has been approved for the controversial Keystone XL pipeline. The decision is being hailed by those opposing the pipeline as a victory. However, it’s not clear whether the decision […]

August 16, 2018 Read More →

Pipelines Say They See Benefits in Expanding Existing Assets

Some of North America’s biggest new pipeline projects are already in the ground. As environmentalists and local activists make it extraordinarily difficult to build new oil and gas lines, energy companies are working around the opposition by supersizing old pipes that already crisscross parts of the continent. Executives at some of the biggest pipeline operators […]

January 18, 2018 Read More →

World Bank to Discontinue Support for Oil and Gas Projects

National Observer (Canada): The World Bank has confirmed that it will stop financing upstream oil and gas projects after 2019 except under exceptional circumstances in the world’s poorest countries. The global financial institution made the announcement at climate summit in Paris on Tuesday, which took place roughly two years after the historic COP21 climate conference […]

December 13, 2017 Read More →

Economics May Yet Kill the Keystone XL

The Economist: In the nine years since Keystone XL was first proposed it has become the most political of pipelines, pitting environmentalists, ranchers and Native Americans against oil companies, state officials and unionists. Barack Obama’s administration delayed its construction in 2011, then rejected it in November 2015. Shipping oil from Canada’s tar sands, which is […]

November 28, 2017 Read More →

IEEFA Op-Ed: Keystone XL Is Still a Stinker

Better Investments Are What Americans Want: Healthcare, Roads, Education

Despite project approval this week by a Nebraska commission, TransCanada faces steep market hurdles in its proposed buildout of the Keystone XL Pipeline. Keystone is the final phase of an oil transport system that would link producers in Canada and North Dakota with refiners and export terminals on the Gulf Coast. President Obama, citing environmental […]

November 22, 2017 Read More →