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CNBC: A federal court ruled Monday that the Dakota Access Pipeline must shut down within 30 days, by Aug. 5, according to a copy of the brief obtained by USA Today. The U.S. District Court for the District of Columbia scrapped a key permit from the Army Corps of Engineers, and ordered the pipeline to […]
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Reuters: Royal Dutch Shell Plc pulled out of a major liquefied natural gas (LNG) export plant under development in Louisiana following the recent crash in oil and natural gas prices, in a move that resulted in its partner, Energy Transfer LP, delaying their final decision on going ahead with the project to next year. Lake […]
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S&P Global Market Intelligence ($): After a year of federal approvals for U.S. LNG export projects, the beginning of 2020 holds serious hurdles for the remaining proposals, such as environmental opposition, global LNG oversupply and weak gas prices. Three LNG export projects proposed for the area around Brownsville, Texas, face challenges to their federal authorizations […]
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Motley Fool: Energy Transfer Partners’ (NYSE:ETP) has had its share of difficulties over the past year. The headliner was the problems it faced in building the Dakota Access Pipeline, which endured several months of setbacks due to protests that caused a delay in getting a key permit. While that project finally entered service last month, […]
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Reuters: A federal judge ordered the U.S. Army Corps of Engineers to reconsider its environmental review of the Dakota Access Pipeline on Wednesday, opening up the possibility that the line could be shut at a later date. U.S. District Judge James Boasberg in Washington said the Army Corps did not adequately consider the effects of […]
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Ozy.com: Property rights, rather than environmental ones, are increasingly forming the brunt of arguments against pipelines — and not just in Georgia and South Carolina, which have recently passed laws backing landowners. Just three days before the crucial New Hampshire presidential primary last year, the Union Leader reported that 627 of 836 property owners in the Granite […]
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Tim Loh for Bloomberg News: Energy Transfer Partners LP got a boost on Tuesday when President Donald Trump threw his weight behind its controversial Dakota Access oil pipeline. While rival TransCanada Corp. promptly commented on Trump’s similar show of support for the Keystone XL crude pipeline, Energy Transfer went quiet. Reached by e-mail Wednesday, the […]