Michigan Governor Gretchen Whitmer last year revoked the easement for Enbridge’s Line 5 pipeline, or permission to operate, and ordered it to shut down no later than May 12.
Second agreement is with BP.
Company attributes the first-quarter loss to halting work on the Keystone XL pipeline.
Here’s a snapshot of recent energy deals including a Bakken deal between Oasis Petroleum and Diamondback Energy plus the sale of Hunt Oil’s Permian Basin asset in a transaction believed to be worth over $1 billion.
The confirmation of the delay to maintenance on the U2 upgrader comes as infections have been surging in the Wood Buffalo region.
Canadian government cites the threat to nests of the migratory Anna’s Hummingbird in its order to suspend work on the Trans Mountain pipeline.
Canadian energy company asks court to put its case in abeyance as it assesses the status of state water permits.
Canadians are pushing on several diplomatic fronts against Mich. Gov. Whitmer’s order to shut Enbridge’s Great Lakes oil pipeline.
Michigan state regulators rejected calls to review Enbridge’s entire Line 5 pipeline, and said it would limit the scope of its review to the four-mile section being rehoused in an underwater tunnel.
Here’s a snapshot of recent energy deals including a new JV formed by Vortus Investment Advisors to develop oil-rich assets in the Permian Basin in New Mexico’s Eddy County.