Related Articles
Forward article link
Share PDF with colleagues

Decision time for US Keystone XL pipeline

President Obama must make a decision on the TransCanada proposed pipeline

After six years of debate, hopes are rising for a go-ahead decision for a pipeline which will flow Canadian heavy crude direct to refineries on the US Gulf Coast. Although the president, Barack Obama, opposes the project on environmental grounds, the weight of industry and political lobbying could force his hand. The $8 billion Keystone XL pipeline, which TransCanada Corporation wants to build, will be a 36-inch line extending 1,897 km from Hardisty in Alberta, Canada, to Steele City in Nebraska, US. At Steele City it will connect with an existing TransCanada pipeline running to the refineries at Port Arthur, Texas - and an extension due to be completed this year will take crude to the refi

Also in this section
Serica sanguine on Iran sanctions
13 July 2018
The firm's historic links to Iran are in the spotlight as US sanctions resume
The return of cautious optimism in the North Sea
13 July 2018
The UK’s North Sea hub, braced for production declines, has received a boost from new investments and revived interest from the supermajors
China loans make Venezuela’s outlook more precarious
12 July 2018
Patience is wearing thin among both China and other trading partners