pipeline

According to Armstrong Economics, in 2012 Russian President Vladimir Putin ordered Gazprom to begin construction on the natural gas pipeline dubbed, “Power of Siberia” that would connect Siberia to Shanghai, China. The “Power of Siberia” has been in construction for eight...

The Daily Dash is a quick look at what's happening in the freight ecosystem. In today's edition, we highlight the latest coverage of the cyberattack that shut down the Colonial Pipeline, along with more industry news. The High Five 1. Colonial Pipeline, which carries fuel from the Gulf Coast...

On Friday, Michigan Gov. Gretchen Whitmer filed legal action to shut down the Line 5 pipeline that transports oil under the Straits of Mackinac. What Happened: Whitmer’s office notified the company it has 180 days and then the flow must stop, according to WOOD-TV. Michigan Attorney General...

After three days of negotiations, the hereditary chiefs of the Wet'suwet'en and Canadian government officials have reached a tentative agreement on how to proceed with Coastal GasLink's project to construct a fracked-gas pipeline on Wet'suwet'en territory in northern British Columbia, according to...

Canadian Prime Minister Justin Trudeau called for an immediate end to the rail blockades that have caused serious disruptions to the country's supply chains for more than two weeks, calling them "unacceptable and untenable." "The barricades need to come down now," Trudeau told reporters during a...

Good day, The anti-pipeline protests that have disrupted key Canadian National rail lines in Canada aren't a good thing for the trucking industry even if some carriers see a temporary spike in volumes.   "When the railways suffer disruption in service, it impacts everyone in the economy including...

Canadian businesses and government officials are urging protesters to stop blocking freight and and passenger rail lines and end a nearly weeklong protests over a proposed pipeline. Minister of Transport Marc Garneau on Wednesday asked parties involved in the protest to engage in an open dialogue...

The Nebraska Supreme Court has affirmed a decision to build the Keystone XL Pipeline through the state in what could prove a boon for trucking and a loss for rail if the project eventually gets off the ground. Several groups, including landowners, Indian tribes and the Sierra Club, had opposed a...

Trans Mountain Corporation moved to resume the expansion of its pipeline, which promises to triple the amount moving from Alberta to British Columbia by mid-2022.  Trans Mountain, owned by the Canadian government, announced on August 21 that it issued directives to contractors to mobilize for the...

A 159-truck convoy left western Canada on Thursday to kick off a four-day, 2,500-mile caravan to the nation's capital, Ottawa, with a plan to push for more pipelines and less government regulation of the energy industry. Under the banner United We Roll, the convoy left Red Deer, Alberta on...

Residents of Northeastern states are struggling with increased electricity costs and an unreliable energy supply as elected officials contemplate expanding natural gas pipelines in the region. Consolidated Edison, Inc. (NYSE: ED), a New York utility provider, announced on January 18 a...

Kinder Morgan Inc (NYSE: KMI)'s sale of its Trans Mountain pipeline and related infrastructure to the Canadian government for the U.S. dollar equivalent of $3.4 billion eliminates two overhangs that prevented a bullish stance on the stock, according to Wells Fargo. The Analyst Wells Fargo...

Although Royal Dutch Shell (NYSE: RDS-A) is selling four oil blocks in Nigeria, it is firmly committed to its position in the energy industry in Africa. Along with Exxon Mobil (NYSE: XOM) and others, the company has strongly opposed proposed protective legislation in South Africa that would...

Energy investors should consider Master Limited Partnerships (MLPs) to diversify their portfolio structures. Best known for their function in REITs, MLPs deliver periodic payments to their investors from cash flows. MLPs make up a huge portion of the energy market with more than 100 funds...