TransCanada

Oil

TransCanada: Overall 1Q profit down, revenues and adjusted earnings up

Source: 
The Wall Street Journal

Overall first quarter profit for TransCanada Corp. dropped 8 percent but adjusted earnings gained and revenue was up on higher pipeline demand during the bitterly cold winter, The Wall Street Journal reports.

Oil

Canadian backers standing by Keystone

Source: 
Reuters

Despite the Obama administration’s announcement last week of a further delay in any decision on the Keystone XL pipeline, the project’s backers in Canada continue to stand behind it, Reuters reports.

AP PHOTO
Oil

Analysis: Nebraska suit puts more time on Keystone clock

This isn't the first time uncertainty about the route of the Keystone XL pipeline through Nebraska has led the Obama administration to delay in a permitting decision.

President Barack Obama cited the undetermined final alignment through the state when he denied the project in early 2012.  That was the same reason State Department officials on Friday gave for extending a national interest determination review of the revised route, a move that likely puts off a decision until 2015 -- until after the mid-term elections.

The decision was scored as blatantly political by project proponents over the weekend, criticism that will continue for months to come. Yet it also opens the administration to renewed public pressure from opponents to reject the $5.4 billion TransCanada line once and for all.

Associated Press
Oil

Obama officials offer no new timetable for Keystone XL decision

Obama administration officials on Friday declined to say when they might approve or deny construction of the Keystone XL pipeline from Canada, following the announcement by the State Department of a new delay in completing its review process.

Senior department officials, who briefed reporters on condition of anonymity, denied trying to slow the $5.4 billion oil sands crude pipeline project past the November elections, as critics charged after the announcement.

Oil

Opponents carve anti-pipeline message into Nebraska field

NELIGH, Neb. (AP) — Opponents of a proposed pipeline that would carry oil from Canada south to the Gulf Coast have stamped a massive message of resistance into a Nebraska field that is in the project's path.

The artwork, which covers 80 acres and was done last week, reads "Heartland#NoKXL." It is the latest protest environmentalists and landowners have employed against TransCanada's proposed Keystone XL pipeline.

Critics of the pipeline want President Barack Obama to reject the project because they fear it could contaminate groundwater and contribute to pollution.

Alaska House Resources Committee advances gas line bill

JUNEAU, Alaska (AP) — Following an intensive amendment process that began last week, the House Resources Committee on Wednesday passed out its rewrite of a bill aimed at advancing a major liquefied natural gas project.

The committee considered dozens of proposed amendments and debated many of them at length — even some that were ultimately withdrawn — over the course of several days.

Co-chair Dan Saddler, R-Eagle River, said he thought Alaskans could take comfort that the committee did "good, hard work." Rep. Peggy Wilson, R-Wrangell, said she thought the bill was fair to all concerned.

Lawmaker debate on Alaska LNG project hones in on TransCanada

Source: 
E&E

Some lawmakers in Alaska's legislature are expressing dissatisfaction with the role pipeline company TransCanada would play in the proposal to build a major natural gas facility in the state, E&E reports.

Oil

Keystone XL advocates press conferece on national security implications

Washington, March 26, 2014, 10:30 am

Keystone XL pipeline advocates hold press conference to highlight national security arguments. Sen. John Hoeven, Rep. Lee Terry, TransCanada Vice President Alex Poubaix, Canadian Ambassador Gary Doer, API President Jack Gerard, others to speak.

Oil

Keystone opponents win public comment battle

Source: 
The Washington Post

The public comment period on the State Department's Keystone XL pipeline review ended on Friday, with opponents sending more than 2 million comments opposing the project, doubling the comments in support of the pipeline, The Washington Post reports.

Oil

Girling 'confident' of Keystone decision following State Dept. review

Source: 
National Journal

TransCanada chief Russ Girling told National Journal at the CERAWeek conference that he's more confident of getting approval of the Keystone XL pipeline, arguing that the State Department's environmental review answered all major questions about the project.

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