Category: gas pipeline

Crown Presses Criminal Contempt Charges Against More Pipeline Protesters

The B.C. Prosecution Service has proceeded to press criminal contempt charges against four more protesters who allegedly defied an injunction passed in 2018 that protects the construction of a liquefied natural gas pipeline in northern B.C. The ruling by Crown prosecutor Tyler Bauman at the B.C. Supreme Court on July 7 brought the total number…


Shutting Down Canadian Pipeline Would Cost US Consumers $23.7 Billion More in Fuel Costs: Report

A recently published analysis by a consumer advocacy nonprofit maintains that shutting down a 4.5-mile section of a nearly 70-year-old pipeline that spans the Great Lakes from Wisconsin to Ontario would impose $23.7 billion in higher fuel costs for families and businesses in Indiana, Michigan, Ohio, and Pennsylvania. Consumer Energy Alliance’s (CEA) 14-page report estimates…


Shutting Canadian Pipeline Would Cost US Consumers $23.7 Billion More in Fuel Costs: Report

A recently published analysis by a consumer advocacy nonprofit maintains that shutting a 4.5-mile section of a nearly 70-year-old pipeline that spans the Great Lakes from Wisconsin to Ontario would impose $23.7 billion in higher fuel costs on families and businesses in Indiana, Michigan, Ohio, and Pennsylvania. Consumer Energy Alliance’s (CEA) 14-page report estimates that…


Uniper Shares Hit 14-Month Low After Russian Forces Launch Invasion of Ukraine

FRANKFURT—Shares in German utility Uniper, which has substantial business in Russia and is one of the financial backers of the Nord Stream 2 gas pipeline, plunged on Thursday after Russian forces fired missiles at several cities in Ukraine. Shares in Uniper, which owns a majority stake in Russian utility Unipro, fell as much as 16.7…


Gas Explosions Occurred an Average of Three per Day Over Six Months in China

Gas explosions occur frequently throughout China. The first half of the year saw an average of three per day, according to official data. In the first six months, 544 gas explosions took place around China, resulting in 71 deaths and 412 injuries, said Sohu, a Beijing-based media, quoting a report released by the Safety Management…


Buffett’s Company Abandons $1.3 Billion Natural Gas Pipeline Deal

OMAHA, Neb.—Warren Buffett’s company is abandoning its purchase of a natural gas pipeline from Dominion Energy because of uncertainty about whether the deal could get regulatory approval. Berkshire Hathaway Inc. will receive a $1.3 billion refund on the proposed purchase of Questar Pipelines that was also supposed to include $430 million of Dominion’s debt when…


French Energy Giant Total Stops Payments on Burma Pipeline

BANGKOK—Shareholders of the French energy company Total have voted to suspend payments of dividends to stakeholders in the joint venture company running a gas pipeline in Burma, the company said Wednesday. Pressure has been growing on companies with investments or operations linked to the Burma (also known as Myanmar) military to suspend any financial support following…