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Energy East Pipeline News

07 Nov 2016

Canada Oil Spill Program Hit by Cheap Crude

The two-year oil price crash has hurt a Canadian government program that funds research on oil spill cleanups, resulting in fewer applicants than expected, a senior federal official said. As a result, the government will expand the scope of its Oil Spill Response Science Program and open a second call for applications this month, Marc Wickham, Natural Resources Canada's director of energy science and technology programs, said in an interview late last week. The program funds research that improves cleanup methods for marine oil spills. Those eligible include production, pipeline and shipping companies in the energy sector. Wickham spoke with Reuters after it obtained details of the program's amendment through an access-to-information request.

11 Jan 2015

Battle Over Keystone XL Pipeline

Nebraska's Supreme Court ruled against a challenge to the Keystone XL oil pipeline's route through the state on Friday, clearing the way for the Republican-controlled U.S. Congress to try to force President Barack Obama to approve the project. The 1,179-mile (1,900-km) pipeline would send up to 830,000 barrels per day of oil sands crude from Hardisty, Alberta, across the U.S. border to Steele City, Nebraska, where it would connect with the project's already-built Gulf Coast leg. July 2008 - TransCanada Corp announces plans to expand its existing 590,000 bpd Keystone oil pipeline system to the Gulf Coast. September 2008 - TransCanada Corp files an application with the U.S. State Department for a presidential permit allowing construction of the project.

21 Apr 2014

Keystone Backers Keep Their Faith In Embattled Pipeline Plan

Six years after applying to build the Keystone XL pipeline, Canada's frustrated oil industry appears steadfast in its support of the plan even though Washington has again delayed a decision on whether to approve the politically charged project. The reason is simple: A massive new pipeline to the U.S. Gulf Coast remains the most elegant solution for producers looking to export burgeoning supplies of crude from Canada's oil sands to the United States. TransCanada Corp's $5.4 billion pipeline would seamlessly pump enough crude from Alberta to Texas to meet 4 percent of total U.S. demand. "We're definitely supportive of the project," said Brad Bellows, a spokesman for MEG Energy Corp, which produces crude from Alberta's oil sands though it has not committed to ship on Keystone.

01 Aug 2013

Joint Venture to Develop New Saint John Marine Terminal

Irving Oil and TransCanada will form a joint venture to develop and construct the new Canaport Energy East Marine Terminal at Irving Canaport in Saint John. Proposed $300M marine terminal represents first major regional investment 
directly linked to the Energy East Pipeline Project. The news came following TransCanada's announcement to proceed with the development of the Energy East Pipeline that will transport western Canadian crude oil to Montreal, Quebec City and Saint John. The proposed $300 million marine terminal adds to the significant infrastructure investment Irving Oil has made in the Canaport facility over the past several decades.