oil and gas infrastructure News

Keystone XL Oil Pipeline Is Terminated After Years of Climate Activism

TC Energy Corp. has ended its 16-year quest to build the Keystone XL oil pipeline, a controversial cross-border project that became a litmus test for climate activism and was blocked by President Joe Biden. Calgary-based TC Energy said in a …

Argo Group to Stop Insuring Canada’s Trans Mountain Pipeline, Joining Other Carriers

Lloyd’s insurer Argo Group has decided to stop insuring Canada’s Trans Mountain tar sands pipeline when its current insurance policy expires on Aug. 31, 2021, following similar moves by other companies such as Zurich Insurance, Talanx and Munich Re. “This …

Biden Revokes Keystone XL Pipeline Permit; Construction Halted

Construction on the long disputed Keystone XL oil pipeline halted on Jan. 21 as incoming U.S. President Joe Biden revoked its permit on his first day in office. The 1,700-mile (2,735-kilometer) pipeline was planned to carry roughly 800,000 barrels of …

Oklahoma’s Fracking-Linked Earthquakes Raise National Security, Energy Concerns

Sunday night’s 5.0 magnitude earthquake that hit Cushing, Okla., is the latest and, in some ways, the most troubling in a series of temblors that has rocked the Sooner State over the past few years. Not only did it strike …