The US State Department released its Final Environmental Impact Statement on the Keystone XL Pipeline project Friday, which received spirited reactions across the energy business and political spectrums. The findings were largely in line with previous Environmental Impact Statements, which concluded Canada’s oil sands resources would likely be developed regardless of the pipeline’s construction.… Keep reading →
The highly controversial Keystone XL pipeline project – that would move Canadian oil sands crude from Alberta to the US Gulf Coast – took a step forward in the drawn-out approval process today when the State Department released its Final Environmental Impact Statement. The statement is mostly favorable – the executive summary is included below.… Keep reading →
GENEVA: Iranian Foreign Minister Javad Zarif is confident an agreement to end the Iranian nuclear crisis will be reached soon and that he would be able to sell it back home in Tehran despite hardline opposition there, he told Breaking Defense in an exclusive interview. “I would not agree on something if I didn’t believe… Keep reading →
As global natural gas fundamentals shift – with Asian demand expected to significantly increase, the US importing less and exporting more – European countries seek secure and reliable long-term supply from a diverse group of producers. An ambitious pipeline project dubbed the Southern Gas Corridor is part of that vision. European utilities have successfully renegotiated… Keep reading →
US energy policy is on hold for now, but several top-tier energy issues issues will be front and center when the House and Senate return to Capitol Hill after the August recess, according to Frank Maisano, Senior principal in law firm Bracewell Giuliani’s Government Relations and Strategic Communications Practice. Energy watchers should be on the… Keep reading →
A new study from consultancy IHS Cera has concluded that construction of the Keystone XL pipeline would not have a material impact on US greenhouse gas emissions, in part because the replacement for volumes from Canadian oil sands would most likely have the same carbon footprint. Breaking Energy has reported on comments in the past… Keep reading →
Mexico’s National Action Party (PAN) has outlined a proposal for energy market reform, which entails amendments to the constitution removing obstacles that have blocked private investment in the country’s oil and gas sector. “It is an unsustainable, non-viable model that needs to be thoroughly reformed in order to return to productivity,” PAN party chairman Gustavo… Keep reading →
Presidential Permit for Keystone XL Not a Foregone Conclusion
By Roman KilisekLast Friday the U.S. Department of State released its Final Supplemental Environmental Impact Statement (SEIS) for the Keystone XL pipeline project. Instantly, many media outlets were only too eager to suggest that with this report the Keystone decision to be made by President Obama is a foregone conclusion; namely, in favor of the controversial project.… Keep reading →