TransCanada sees 'Robust' Shipper Interest in Keystone XL
Pipeline operator TransCanada Corp is seeing strong interest from oil shippers in locking up the remaining space on Keystone XL and expects it to be fully subscribed, its chief executive said on Thursday.TransCanada has…
TransCanada to Proceed with Gas Line Expansion
TransCanada Corp, Canada's second largest pipeline operator, said on Thursday that it would go ahead with the C$2.4 billion ($1.9 billion) expansion of its NGTL natural gas system, boosting pipeline access for producers in Western Canada's gas-rich basins.
TransCanada Q4 Profit Beats Street
Keystone pipeline operator TransCanada Corp's fourth-quarter profit beat market expectations on Thursday, helped by lower costs and an expansion of its gas lines. On an adjusted basis, the Calgary-based company earned 82 Canadian cents…
TransCanada to Shed U.S. Northeast Pipeline Stakes
TransCanada Corp said it has offered to sell stakes in two natural gas pipelines that serve the U.S. Northeast to TC PipeLines LP, U.S.-based master limited partnership in which it holds a 27 percent stake. TransCanada…
TransCanada Launches Oil Trading Group
Canadian pipeline operator TransCanada Corp has started trading oil through a new liquids trading group based in Calgary, Alberta, a spokesman for the company confirmed on Friday. TransCanada, which already operates a…
TransCanada to Build Only One Energy East Export Terminal
TransCanada Corp scrapped plans to build a port in Quebec and said on Thursday it will have only one export terminal for its Energy East pipeline project. The 1.1 million barrel-per-day Energy East project will carry crude from Alberta across Canada to New Brunswick.
TransCanada Remains Committed to Keystone Pipeline
TransCanada Corp, the Canadian company behind the controversial Keystone XL pipeline, remains committed to the C$8 billion ($6.2 billion) project, the company's head said on Friday, even as hopes fade for an approval by the Obama administration.
TransCanada Says Petronas LNG Project Plans to Go Ahead
TransCanada Corp said on Friday a consortium led by Malaysian national oil company Petronas has decided to proceed with plans to build a terminal in northern British Columbia to export Canadian natural gas to Asia. TransCanada…
Energy East Project Could Go Ahead With One Export Port
TransCanada Corp is still mulling alternative sites for a second oil export terminal for its Energy East pipeline, though the C$12 billion project could go ahead with just one export port, chief executive Russ Girling said on Friday.
TransCanada CEO Looking at Alternatives to Cacouna Terminal
TransCanada Corp is looking at alternatives to the Cacouna terminal, both inside Quebec and elsewhere, and said the Energy East pipeline project will not necessarily involve two export terminals, the company's chief executive said on Wednesday.
TransCanada: No Terminal at Cacouna, Quebec
TransCanada Corp said it had scrapped plans to build a marine oil export terminal at Cacouna in Quebec as part of its Energy East pipeline project due to environmental concerns and would look for another site for the terminal in the province.
Obama Vetoes Keystone XL Pipeline
President Barack Obama on Tuesday, as promised, swiftly vetoed a Republican bill approving the Keystone XL oil pipeline, leaving the long-debated project in limbo for another indefinite period. The U.S. Senate Majority Leader Mitch McConnell…
TransCanada CEO Pleased by Nebraska Keystone Decision
TransCanada Corp Chief Executive Russ Girling said on Friday the company is pleased with a Nebraska Supreme Court ruling that upheld the routing of the controversial Keystone XL pipeline and hopes for a swift resumption of the U.S. regulatory approval process.
Canada Silent as Keystone Vote Nears, Obama Criticizes Project
Canada kept quiet as debate over the Keystone XL pipeline unexpectedly raced through the U.S. Congress because it does not want to inflame a heavily politicized issue, two sources familiar with the matter said on Tuesday.
Keystone Debate: Obama Rhetoric Rings Half True
President Barack Obama's sharpest criticism yet of Keystone XL this weekend included a controversial contention that the huge pipeline would be used to pump Canadian oil sands crude to global markets, not to U.S. refiners.
Keystone XL Costs to Nearly Double - TransCanada
The total cost of TransCanada Corp's controversial Keystone XL pipeline is likely to nearly double following six years of regulatory delays, a company spokesman said on Friday. TransCanada spokesman Shawn Howard confirmed…
Transcanada Considers Shipping Oil by Rail From Canada to U.S.
Transcanada is in talks with customers about transporting oil by rail from Hardisty in Canada to Steele City, Nebraska, Chief Executive Russ Girling said on Wednesday. Transcanada is "absolutely" considering shipping oil by rail across the border…
TransCanada Files Description on New Eastern Gas Pipeline
TransCanada Corp on Thursday filed a project description with regulators for a new gas mainline project in eastern Canada that will replace capacity being converted to carry crude for the Energy East oil pipeline. The company plans to transfer 3…
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.
Keystone Backers Keep Their Faith In Embattled Pipeline Plan
Six years after applying to build the Keystone XL pipeline, Canada's frustrated oil industry appears steadfast in its support of the plan even though Washington has again delayed a decision on whether to approve the politically charged project.
