Monday, September 23, 2024

North American Free Trade Agreement News

Oil at 2014 Highs on Iran Sanctions, NAFTA Deal

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Oil futures extended their rally on Monday, hitting their highest levels since November 2014, as U.S. sanctions on Iran come into force and a North American trade deal fosters growth.The United States and…

Canada Environment Minister: 'No Apologies' for Oil Sector Support

© Darlene Munro / Adobe Stock

Canada's top climate change official on Thursday said she would make no apologies for the nation's support for its oil producers, saying environmental and economic policies must consider the needs of all Canadians.Prime…

Mexico's Energy Sector Faces Deepwater Auction Test

An auction of deepwater oil and gas fields in Mexico this month may prove the last major opportunity for President Enrique Pena Nieto's government to capitalize on its opening of the energy sector, the central plank of its economic agenda. The Jan.

NAFTA Doubts Impact Mexico Oil Tenders

Uncertainty about the fate of the North American Free Trade Agreement (NAFTA) and investor protections it guarantees could crimp future investment in Mexico's oil industry, including a high-stakes January deepwater auction.

NAFTA Talks Continue with Energy in Spotlight

Trade negotiators from Canada, the United States and Mexico have made headway on issues including energy, small businesses and telecommunications in talks to revamp the North American Free Trade Agreement (NAFTA)…

Transcanada's US Keystone XL Lawsuit Suspended

Transcanada Corp's legal challenge against the United States over the proposed Keystone XL pipeline project's past rejection has been suspended for one month, the website of the International Centre for the…

Congress Urged to Reject TPP over Environmental Concerns

More than 450 groups on Monday called on Congress to reject the Trans-Pacific Partnership (TPP) if it comes up for a vote this fall, saying the trade deal would allow fossil fuel companies to contest U.S. environmental rules in extrajudicial tribunals.

TransCanada sues U.S. over Keystone Rejection

TransCanada Corp sued the U.S government on Wednesday to reverse President Barack Obama's rejection of the Keystone XL pipeline, and also plans to seek $15 billion in damages from a trade tribunal. TranCanada's lawsuit in a federal court in Houston…

DOE Permits Bear Head to Export to FTA Countries

On Friday, July 17th, the U.S. Department of Energy (DOE) granted Bear Head LNG Corporation and Bear Head LNG (USA), LLC (together Bear Head LNG) authorization to export up to 440 billion cubic feet (Bcf) per year of U.S.

Bear Head LNG Files for DOE Export License

Bear    Head    LNG    Corporation    and    Bear    Head    LNG    (USA),    LLC (together    Bear    Head), both   wholly-owned    subsidiaries    of    Liquefied    Natural    Gas    Limited (LNGL),…

NAFTA Panel Halts Canadian Oil Sands Probe

A North American Free Trade Agreement (NAFTA) panel has halted a probe of Canada's oversight of oil sands tailings ponds following a unanimous vote by its three member countries, officials said on Wednesday.

New Dawn for Mexican Steel Puts Brazil in the Shade

Mexico is emerging as the preferred choice for investors in Latin American steel making as a landmark energy reform and exposure to a U.S. recovery help outshine regional rival Brazil, where the gloom of recession has taken hold.

Severe Winter Boosts TransCanada Profit

TransCanada Corp, Canada's No.2 pipeline company and the backer of the Keystone XL pipeline, reported a 14 percent rise in adjusted quarterly profit as an unusually harsh winter in North America boosted demand for its pipelines.

Canada Not Mulling NAFTA Challenge After Keystone Decision Delay

Canada is not considering a NAFTA challenge after the United States once again delayed its decision on approving TransCanada Corp's controversial Keystone XL pipeline, Natural Resources Minister Greg Rickford told reporters on Friday.