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Transcanada restarts Keystone oil sands pipeline operations

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TransCanada Corporation said that its 590,000 barrel-per-day (bpd) capacity Keystone Pipeline system resumed transporting oil sands crude on Sunday, 5 June, after a shutdown 29 May following an above-ground spill at a pump station in Kansas involving less than 10 barrels of oil. The tar sands are estimated (e.g.,

Oil-Sands 218
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Record $86B in 2011 US oil and gas upstream deals, led by unconventional sector with $62B

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United States M&A activity for upstream oil and gas deals set records in 2011 for both deal values and deal counts, according to PLS, Inc., a provider of information, marketing and advisory services for the oil and gas industry. We expect continued strong activity in oil and liquids-rich resource plays in 2012. —Ronyld W.

El Paso 225
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Marathon to serve as anchor shipper for Bakken Sandpiper Project pipeline

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Marathon Petroleum Corporation and Enbridge Energy Partners, L.P. of the construction of the Sandpiper Project, which will become part of Enbridge Energy Partners’ North Dakota System when it is completed. Marathon Petroleum Corporation is the US’ fourth-largest refiner, with a crude oil refining capacity of approximately 1.7

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Exxon Mobil Acquiring XTO Energy in $41B Deal; Enhances US Position in Unconventional Natural Gas and Oil

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Exxon Mobil Corporation is acquiring XTO Energy Inc. The agreement, which is subject to XTO stockholder approval and regulatory clearance, will enhance ExxonMobil’s position in the development of unconventional natural gas and oil resources. in an all-stock transaction valued at $41 billion.

Oil 186
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US State Department Issues Permit for Alberta Clipper Pipeline for Oil Sands Crude Delivery to US

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The US State Department has issued a Presidential Permit to Enbridge Energy, Limited Partnership to enable construction of the Alberta Clipper pipeline for the transport of crude oil from the Canadian oil sands to US refineries. This week, the RFA happened to issue two pieces, each touching on the impact of oil sands production.

Oil-Sands 220
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DOE awards $19M to 13 initiatives in fossil-fuel areas to produce rare earth elements and critical minerals

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Williston Basin (Montana, North Dakota and South Dakota): University of North Dakota plans to lead a coalition to drive the expansion and transformation of coal and coal-based resource usage within the Williston Basin to extract rare earth elements and critical minerals and produce non-fuel carbon-based products.

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First application of GE ORegen organic rankine cycle waste heat recovery system at Alliance Pipeline Compressor Station in Alberta

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The ORegen technology qualified for partial government funding through the Alberta Climate Change and Emissions Management Corporation. GE Oil & Gas has received a contract to supply the ORegen system to NRGreen Power, which is coordinating the project. The fluid vapor then condenses, closing the loop.

Waste 255