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Royal Dutch Shell Plc

Obama will decide on Keystone pipeline before he leaves office

White House officials said Tuesday that President Obama intends to decide the fate of the Keystone XL oil pipeline during his tenure, rather than suspend the federal review process at the request of the project's sponsor.

Speaking to reporters, White House press secretary Josh Earnest said the president "would like to have this determination be completed before he leaves office" and was not inclined to extend the seven-year review process even longer just because one section of the route is still awaiting approval in Nebraska.

On Monday, TransCanada Corp., which is seeking a cross-border permit for an 1,179-mile pipeline between Hardisty, Alberta, and Steele City,...