TransCanada

Oil

Canada's Oliver reaffirms commitment to Keystone XL

Source: 
Reuters

Canadian Finance Minister Joe Oliver reaffirmed his country's commitment to advance TransCanada's Keystone XL pipeline project and expressed hope that it would eventually win approval, Reuters reports.

Oil

Obama to let Keystone XL review continue

President Barack Obama said Wednesday he won't shortcut the ongoing State Department review of the Keystone XL oil sands pipeline project, minutes after incoming Senate majority leader Mitch McConnell said it would be among energy bills he would attempt to pass.

"There's an independent process, it's moving forward, and I'm going to let that process play out," Obama said at his post-election press conference. "I'm just going to gather up the facts."

Obama said he will still evaluate the project on a number of factors, including its impact on global warming and the outcome of a court case in Nebraska. He did not say, however, whether he would veto an approval bill sent to him by congressional Republicans. 

McConnell, R-Ky., earlier Wednesday included the estimated $8 billion project in energy bills he said the new Senate Republican majority will send to Obama in the next Congress. 

Oil

Keystone costs soar but TransCanada to spend more elsewhere

Source: 
The Wall Street Journal

TransCanada said Tuesday it will be spending more on pipeline projects in Western Canada and Ontario even as its estimates for the cost of the long-delayed Keystone XL pipeline jump to $8 billion, The Wall Street Journal reports.

Oil

Regulatory clock starts on TransCanada’s Energy East pipeline

Source: 
The Canadian Press

TransCanada has filed an application running more than 30,000 pages with the country’s National Energy Board, seeking approval of the Energy East pipeline which would carry Alberta oil sands crude east, a process likely to take some 18 months, The Canadian Press reports.

Oil

TransCanada starting process to get OK for Energy East pipeline

Source: 
Reuters

TransCanada says it will file an application with Canada’s National Energy Board on Thursday, asking for approval of its Energy East pipeline, a $10 billion project to transport oil sands crude east across the country from Alberta, Reuters reports.

Oil

Proposed Canadian pipeline offers Keystone bypass: Girling

Source: 
The Wall Street Journal

TransCanada’s proposed Energy East pipeline, which would bring oil from Alberta to Quebec and New Brunswick, could also – with an oil tanker link –- get the oil sands crude to U.S Gulf Coast refineries even if the Keystone XL pipeline continues to be delayed, CEO Russ Girling said, The Wall Street Journal reports.

Oil

Sides won't say, but Keystone losing priority in energy debate

Source: 
Politico

Energy interests and environmental groups won't explicitly say the long-delayed Keystone XL pipeline is losing political priority, but green groups seem more focused on greenhouse gas reduction as oil companies find new ways to ship Canadian crude oil, Politico reports.

Oil

Six years on, Keystone XL stalled but TransCanada stock higher

Source: 
Bloomberg Businessweek

Shares in TransCanada, the company behind Keystone XL, have increased 70 percent in the six years the project has been stalled – that’s one of the points Bloomberg Businessweek notes as it looks back over the history of the proposed pipeline.

Oil

Keystone cost could jump to $10 billion: TransCanada CEO

Source: 
The Wall Street Journal

From its present estimate of $5.4 billion, the cost of building the long-delayed Keystone XL pipeline could end up at $10 billion, CEO Russ Girling told The Wall Street Journal in an interview, six years after the company first submitted its permit application for the project.

Oil

TransCanada refiles for Keystone permit in SD

Source: 
The Hill

TransCanada –- the company that would build and operate the proposed Keystone XL pipeline – has filed a request with South Dakota to have the state reissue certification for the project since the original has expired, The Hill reports.

Pages

Subscribe to TransCanada