Dakota Access said shutting the line would cost companies and state economies billions of dollars and result in the loss of thousands of jobs.
Energy Transfer told customers in an email that it has not taken any steps to begin winding down flows on the Dakota Access oil pipeline and said it believed the judge who ordered the shutdown over-reached his authority.
The formal instruction from the energy ministry follows a determination that the Zama discovery made in the Talos-operated block in the Gulf of Mexico extends into Pemex's neighboring block.
From zero 10 years ago, U.S. offshore wind projects set for $78 billion in capital investment this decade.
Dakota Access, controlled by Energy Transfer, filed a motion to stay a ruling by the U.S. District Court for the District of Columbia on July 6 to stop operations and empty DAPL pending an environmental review.
Twenty projects representing $292 billion face financing delays.
DCP Midstream LP and Kairos Aerospace Inc. revelaed a groundbreaking new methane management initiative across DCP’s portfolio of natural gas assets on July 6.
Capitalizing on the industry slump, the Houston-based venture firm is actively pursuing new investments across the energy sector.
A day after Dominion and Duke canceled the Atlantic Coast Pipeline as litigation mounted, the industry again finds itself confounded by permitting issues.
The U.S. Energy Department on July 6 approved the export of up to 1 Bcf/d of LNG from the proposed Jordan Cove terminal in Oregon, a move it said would ease U.S. sales of the fuel to Asian markets.