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Keystone’s Lower 48 Oil Spills Caused by Construction, Manufacturing Errors, GAO Says

Keystone’s Lower 48 Oil Spills Caused by Construction, Manufacturing Errors, GAO Says

Undetected errors during construction and manufacturing led to the two largest spills in the history of TC Energy Corp.’s Keystone crude oil pipeline system in 2017 and 2019, according to a report by the Government Accountability Office (GAO). The 2,687-mile system has transported more than 3 billion bbl of oilsands crude from Canada to Gulf…

August 27, 2021
Canadian Natural Looking to Sell, JV Montney Acreage

Canadian Natural Looking to Sell, JV Montney Acreage

Canadian Natural Resources — Canada’s second-largest independent natural gas producer and its largest producer of heavy oils — is considering the sale of about 250,000 net acres of its Montney land base, about one-quarter of its total Montney acreage, President Steve Laut said Thursday during an earnings conference call.

March 11, 2013

Chesapeake Confirms SEC Informal Inquiry

Chesapeake Energy Corp. and CEO Aubrey K. McClendon have been notified by the Securities and Exchange Commission (SEC) that the Fort Worth, TX, regional office has begun an informal inquiry and “requested that the company and Mr. McClendon retain certain documents,” the company said after the stock market closed on Thursday.

May 4, 2012