TransCanada Mainline revamp would hit Eastern Canada hardest
CALGARY — Millions of natural gas consumers in Eastern Canada can be forgiven for their imminent confusion. After all, the market says the price for the commodity they burn will simmer at record lows...
View ArticleTransCanada’s Mainline gas pipeline at risk, hearing told
In front of a packed hearing with representatives from 60 companies, industry associations and four provinces, TransCanada Corp. said its historic $6-billion cross-Canada Mainline gas pipeline is at...
View ArticleTransCanada to build $4B pipeline to export natural gas
TransCanada Corp., Royal Dutch Shell Plc’s Canadian unit and partners will build a $4-billion pipeline to Canada’s West Coast to export natural gas produced in British Columbia. The pipeline, with an...
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Weak jobs report seen fuelling drive to force Obama on Keystone
A sputtering U.S. job market is encouraging supporters seeking to force President Barack Obama to approve TransCanada Corp.’s Keystone XL oil pipeline before the November election. A report last week...
View ArticleTransCanada CEO says east coast oil line possible
CALGARY — The chief executive of TransCanada Corp, which is planning to build the controversial Keystone XL oil pipeline, said on Wednesday that a new line to carry oil sands crude to Canada’s Atlantic...
View ArticleTransCanada, TransAlta power deal to come back online
TransCanada Corp, Canada’s biggest pipeline company, said an independent arbitration panel has asked TransAlta Corp to limit force majeure at its coal-fired power station in Alberta to a reasonable...
View ArticleTransCanada urged to ‘Go East’
Calls for TransCanada Corp. to stop focusing on the Keystone XL pipeline and instead turn its attentions east grew louder Wednesday. RBC Capital Markets raised its price target on the Calgary-based...
View ArticleTransCanada gets permit for Keystone pipeline’s southern leg as profit falls
TransCanada Corp., the company that proposed to build the $7.6-billion Keystone XL oil pipeline, said second-quarter profit fell 22%as it transported less natural gas and power asset earnings declined....
View ArticleTransCanada unveils new proposed Keystone pipeline route
The company planning to build the Keystone XL oil sands pipeline from Canada to Texas said on Wednesday it has submitted a new route for the project that will avoid sensitive ecological areas in...
View ArticlePeter Foster: Superstorm vs. teacup tempest
TransCanada issue is nothing compared with Sandy-sized McGuinty scandal The commentaries in this paper on Wednesday by Terence Corcoran and Tom Adams about the horrendous waste, foot-dragging and...
View Article‘Oil East’ may be an easier regulatory battle
Canada’s oil industry lacks shipping capacity. A commodity is worth less — or sometimes nothing — if you can’t get it out of the ground and off to market. Simple economics can cut to the crux of the...
View ArticleKeystone XL to have minimal impact on environment, assessment says
The development of Canada’s oil sands is unlikely to be significantly affected whether or not the Keystone XL pipeline project is approved, the U.S. State Department said in a new report released on...
View ArticlePipelines in Canada: Sophisticated arteries
Buried about a metre underground and stretching from the Northwest Territories to Quebec, the steel pipes are the arteries of the oil and gas industry – and some say of Canada itself. Approximately...
View ArticleKeystone XL plan attacked after thousands of barrels of Canadian crude spills...
Exxon Mobil on Sunday continued cleanup of a pipeline spill that loosed thousands of barrels of heavy Canadian crude in Arkansas as opponents of oil sands development latched on to the incident to...
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Keystone XL foes fear Obama set to approve project, demand offset measures
Some lawmakers who oppose the pipeline say it appears likely Obama will sign off, triggering their calls to mitigate environmental and political fallout President Barack Obama is being pressed by...
View ArticleTransCanada expects Keystone XL decision by mid-summer: CEO
TransCanada Corp.’s proposed Keystone XL oil pipeline would benefit U.S. employment and support efforts to tackle climate change, according to the company’s Chief Executive Officer Russ Girling. “The...
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Beetle-bedeviled Keystone XL pipeline needs dead rats to let it be
Building the US$5.3-billion Keystone XL oil pipeline across the middle of the U.S. will require thousands of workers and millions of pounds of steel. It will also require a lot of smelly dead rats. The...
View ArticleOpportunity seen in pipelines and utilities
The recent spike in bond yields has meant trouble for Canadian pipeline and utilities stocks. Names such as Enbridge Inc., TransCanada Corp. and Northland Power Inc. are down roughly 10% or more since...
View ArticleObama’s Keystone XL carbon test sets precedent: TransCanada
Rejecting TransCanada Corp.’s $5.4-billion Keystone XL pipeline due to carbon emissions in the oil sands would set a precedent for all U.S. infrastructure projects, Chief Executive Officer Russ Girling...
View ArticleTransCanada’s Energy East application needs to be simpler, NEB says
CALGARY – The National Energy Board is asking TransCanada Corp. to file a consolidated Energy East application that is easier to read and understand. The NEB sent the request Wednesday, the same day as...
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