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BOE Report Staff

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TransCanada sees strong customer support for Energy East pipeline

July 26, 20131:31 PM BOE Report Staff

  CALGARY - TransCanada Corp. said Friday it likely has enough support to build its Energy East project, which would connect western crude to eastern refineries using an existing pipeline. The company (TSX:TRP) and its potential customers are putting the finishing touches on their contracts and there should be an announcement within the next two weeks, said Alex Pourbaix, the TransCanada executive in charge of oil pipelines. "It's really just working through terms and conditions, [Read more]

Keystone XL TransCanada

US congressman files lawsuit over fracking

July 26, 20136:30 AM BOE Report Staff

BOULDER, Colo. (AP) — A Colorado congressman is suing a drilling company to prevent them from using hydraulic fracturing on land near his property. A hearing is scheduled Friday to hear claims by U.S. Rep. Jared Polis, a Boulder Democrat, who says drilling across the street from a rural home he owns near Berthoud will damage his quality of life. According to the Boulder Daily Camera, the complaint filed in Denver District Court by Mountain Property Improvement LLC names Denver-based [Read more]

Oilsands capital given rights to more land

July 25, 20139:07 PM BOE Report Staff

  FORT MCMURRAY, Alta. - Alberta's oilsands capital now has room to grow. The provincial government has given the Regional Municipality of Wood Buffalo, which includes Fort McMurray, the rights to more than 22,000 hectares of Crown land. The province hopes the allocation will lead to new housing, businesses and jobs in the area. Energy Minister Ken Hughes says the land should meet the needs of the municipality for the next 25 years. Hughes said the population of Fort McMurray [Read more]

AER appoints 6 new commissioners with “varied backgrounds”

July 25, 20134:15 PM BOE Report Staff

  EDMONTON - The provincial government has appointed six people with varied backgrounds to serve as commissioners for the Alberta Energy Regulator. The appointees have experience in farming, drinking water safety, environmental law and public service. They will sit on panels, conduct hearings and preside over energy project applications, reconsiderations, inquiries and appeals. Bringing their farming experience to the regulator are Terry Engen and Jurgen Preugschas. Steve [Read more]

Lac Megantic investigation: Police raid MMA Railway office

July 25, 20132:07 PM BOE Report Staff

  LAC-MEGANTIC, Que. - Provincial police have raided an office belonging to the railway involved in the Lac-Megantic disaster.Surete du Quebec officers have visited the Farnham, Que., office of the Montreal, Maine & Atlantic Railway.Farnham is between Montreal and Lac-Megantic and is the home of Tom Harding, the engineer of the train that crashed into the community.Police say they gathered evidence.They say it's a normal operation, given that they're conducting an investigation into [Read more]

Crude by Rail

Train derails at Port of Tampa, spilling ethanol

July 25, 20131:39 PM BOE Report Staff

TAMPA, Fla. (AP) — Firefighters in Florida are working with CSX Transportation officials to upright 10 toppled train cars that derailed at the Port of Tampa. CSX spokesman Gary Sease told the Tampa Bay Times about 4,500 gallons of ethanol spilled onto the ground when the 81-car train derailed early Thursday. No one was injured. JUST IN: Crews clean up ethanol spill after train derails at Port of Tampa in Florida: http://t.co/EcpNmArrHP - @AP pic.twitter.com/7IUk4iwjvz— NewsBreaker [Read more]

Crude by Rail

US natural gas supplies grew last week

July 25, 201311:22 AM BOE Report Staff

NEW YORK (AP) -- The nation's natural gas supplies rose last week, the government said Thursday. The Energy Department's Energy Information Administration reported that natural gas in storage grew by 41 billion cubic feet to 2.786 trillion cubic feet for the week ended July 19. Analysts expected a rise of 47 billion to 51 billion cubic feet, according to a survey by Plates, the energy information arm of McGraw-Hill Cos. The inventory level was 1.6 percent below the five-year average of [Read more]

Sediment clogs wild natural gas well in the Gulf

July 25, 20138:34 AM BOE Report Staff

NEW ORLEANS (AP) -- Natural gas has stopped flowing from a well that has been ablaze in the Gulf of Mexico and remaining small flames are from gas still in the pipe, regulators said Thursday. The well "bridged over," the line blocked by sand and sediment that filled in the area being drilled, the Bureau of Safety and Environmental Enforcement said in a news release. "The fire has decreased to a small flame fueled by residual gas at the top of the well," the statement said. It said both [Read more]

Rig owner eyes relief well to divert gas spewing in Gulf of Mexico off Louisiana’s coast

July 25, 20137:05 AM BOE Report Staff

NEW ORLEANS (AP) - The owner of a natural gas drilling rig aflame off of Louisiana's coast said preparations were under way for the possible drilling of a relief well to divert gas from the site and bring the well under control. Fire Erupts On Gulf Of Mexico Rig After Natural Gas Blowout http://t.co/vU8JziJK6K pic.twitter.com/NpJ3dahctW— BuzzFeed News (@BuzzFeedNews) July 25, 2013 Adam Bourgoyne, a former dean of Louisiana State University's petroleum engineering department, said [Read more]

OPINION: Rail Tragedy in Quebec Highlights Need for Keystone XL

July 25, 20136:40 AM BOE Report Staff

On July 6, a train carrying 72 carloads of crude oil derailed in Lac-Megantic, a small Quebec town just 10 miles from the Maine border. The resulting explosion and fires left an estimated 50 people dead.  The tragedy resulting from this runaway train has devastated a community and reignited the debate surrounding the transport of oil in North America. While both rail and pipeline transport have been incredibly safe historically, a recent string of rail mishaps coupled with a national oil and [Read more]

Crude by Rail Keystone XL

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