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CALGARY – Brookfield Infrastructure has spent billions of dollars buying up hydrocarbons infrastructure in Western Canada, primarily in the natural gas business, but its proposed acquisition of Inter Pipeline Ltd. marks a major foray into oil infrastructure and some analysts believe the company isn’t done yet.
The Toronto-based asset manager labelled Inter Pipeline’s share price performance as “strained” this week as it launched a takeover bid for the Calgary-based pipeline operator, which sent the target company’s shares soaring.
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Print this article Beyond Keystone and Dakota Access, Biden has signaled his administration would make it harder for pipelines to obtain the federal permits they need to be built in the first place, as a way to respond to climate change. Manuel Balce Ceneta
President Biden s pending decision whether to shut down the controversial Dakota Access oil pipeline could deepen early tensions between environmentalists and unions that endorsed him.
Biden s day-one order to revoke a permit for the better-known Keystone XL oil pipeline between Canada and the United States drew backlash from organized labor and some centrist Democrats who say the cancellation will kill thousands of construction jobs.
February 11, 2021 By Jon King / jking@whmi.com
A motion has been filed to dismiss a lawsuit brought by an environmental activist against the company that installed a controversial natural gas pipeline through Livingston County.
The suit was filed last October in U.S. District Court in Detroit by Michigan resident Matthew Borke against Texas-based Energy Transfer Partners, the company behind the ET Rover pipeline, and its Chairman Kelcy Warren. The companyâs security contractor, Leighton Security, was also named in the suit, along with that company s CEO Kevin Mayberry and Operations Manager Gary Washburn.
Energt Transfer constructed the 42-inch diameter pipeline which carries 3.25 billion cubic feet of natural gas per day up from the Marcellus and Utica Shale through West Virginia, Pennsylvania and Ohio, crossing into Michigan in Lenawee County, then proceeding north through Washtenaw and Livingston counties before joining the Vector Pipelin