Keystone XL Pipeline Deal Rejected By President Obama
In defense of his actions of rejecting the permit, Obama placed blame on the Republicans in Congress, who in using brinkmanship forced passage of a measure late last month requiring the administration to render a decision on the pipeline by Feb. 21. Continue Reading Keystone XL Pipeline Deal Rejected By President Obama Here
Categories: Green Ethics Energy, Green Politics Hot Topics, Green Politics News, Oil Spills Tags: administration, decision, jobs, Keystone, new, Obama, oil, permit, pipeline, state
Asian Oil Takeover? PetroChina Buys Out MacKay River Oil Sands Project In Canada
Calgary-based Athabasca Oil Sands Corp said it exercised an option to sell its 40 percent interest in the MacKay River project in northern Alberta to PetroChina so it could free up money to concentrate on some of its other oil sands and light crude projects.
After the project won regulatory approvals last week, the partners had 30 days to decide to exercise put and call options on Athabasca’s stake. They have a similar arrangement with a larger, nearby project still awaiting a go-ahead from regulators. Continue Reading Asian Oil Takeover? PetroChina Buys Out MacKay River Oil Sands Project In Canada Here
Categories: Oil Spills, World News Tags: asian, billion, canadian, invasion, million, oil, petrochina, Project, Sands, takeover





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