Exact(12)
Williams also cut dividends and sold some pipeline and refinery assets.
Some pipeline operators would have to reduce the maximum allowable pressure under the preliminary rules.
It notes that some pipeline decisions have been slower than anticipated, but still expects most to convert this year.
Those included the sale of Merlin Securities to Wells Fargo and the representation of the board of Kinder Morgan Energy Partners on the sale of some pipeline assets.
But some pipeline safety experts and environmentalists said that lax regulations and a raft of recent oil spills had raised concerns that the tiny federal agency overseeing the nation's network of pipelines, the Pipeline and Hazardous Materials Safety Administration, may be unable to handle a project of Keystone's magnitude.
Some pipeline safety experts have also expressed concerns that the tiny federal agency charged with overseeing the country's enormous pipeline network, the Pipeline and Hazardous Materials Safety Administration, is not prepared to monitor a project of Keystone's size and attendant risks.
Similar(48)
He also wants to close some regulatory loopholes, including those that allow some pipelines to escape any regulation at all.
Shell also said it would sell some pipelines in the United States and its retail, commercial and marine assets in Peru.
Some pipelines have been retrofitted to make it easier for the pig to move within them, said Mr. Boss.
His next move, with a partner, was to buy some pipelines and a coal terminal from his former employer.
"Obviously, some pipelines could not handle such higher pressures, but new pipelines could be built to move more gas at such higher pressures".
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