Court says opponents of the oil pipeline failed to prove irreversible harm if the line continued to operate.
Trans Mountain was ordered in April to halt work on a section of the pipeline project in Burnaby, British Columbia, for four months to protect hummingbird nests.
As part of the design, Tellurian is also proposing to deploy technology, which it said will reduce the pipeline’s CO₂ emissions by more than 99%.
NextDecade also noted the management experience of newly appointed COO Ivan Van der Walt on multiple LNG projects over his nearly 30 years of experience in the global energy industry.
DCP Midstream, Saudi Aramco and Energy Transfer honored for environmental achievements.
The new futures contract, labeled HOU, is launched in response to market interest in a Houston-based index.
The acquisition comprised of a 49% equity stake in Aramco Oil Pipelines Co., a newly formed entity with rights to 25 years of tariff payments for oil transported through Aramco’s stabilized crude oil pipeline network.
The announcement comes on the heels of the formally announced Oil Sands Pathways to Net Zero initiative by a group of Canadian oil and gas producers, which analysts say screens favorably for the project.
Brookfield’s revision comes as the investment firm tries to beat a rival bid from Pembina Pipeline Corp., which has been recommended by Inter’s board.
The pipeline is the Auger 12-inch line which runs approximately 33 miles from the Garden Banks 128 Platform A to a downstream subsea tie-in into the Eugene Island Pipeline System.