Kinder Morgan News
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British Columbia, the Canadian province whose official slogan to its own beauty is “Super, Natural,” is invoking another saying: “No more supertankers.”
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Enbridge Inc. is moving ahead with plans to meet five conditions for the British Columbia government to support its proposed Northern Gateway oil pipeline, after a Liberal re-election made clear terms needed to satisfy officials in the Pacific Coast province.
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Oil pipelines, under attack from environmentalists, are essential to Canada’s economic growth just as railroads were in the 1880s, Enbridge Inc. Chief Executive Officer Al Monaco said.
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Canada, which depended on railroads to build the nation in the 1880s, is counting on pipelines to drive future economic growth, Enbridge Inc. Chief Executive Officer Al Monaco said.
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British Columbia Premier Christy Clark’s Liberal Party defeated the opposition New Democratic Party in a surprise election result that may bolster plans by Enbridge Inc. to ship more oil across the Canadian province.
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Royal Dutch Shell Plc may export U.S. natural gas in liquid form, convert it into chemicals or build a gas-to-liquids plant to produce fuel, said the company’s country chairman for Dubai and the northern emirates.
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Technology to help locate wireless callers inside buildings got past objections from General Electric Co., Google Inc. and the E-ZPass Group, who told U.S. regulators that it may interfere with millions of devices.
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British Columbia’s provincial election threatens to stymie efforts by Canadian Natural Resources Ltd. and other Alberta oil-sands companies to sell crude to Pacific markets.
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Voters in British Columbia go to the polls today with Adrian Dix, leader of the New Democratic Party who opposes new oil pipelines in the Canadian province, favored to oust Premier Christy Clark.
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Natural gas prices in the U.S. Northeast are poised to reach five-year seasonal highs this summer because increasing demand from power plants may be too much for pipelines to handle.
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