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Keystone XL pipeline costs to nearly double to as much as US$10B, TransCanada says

CALGARY — Costs for the long-delayed Keystone XL pipeline will likely balloon from US$5.4 billion to as much as US$10 billion, TransCanada Corp. confirmed Friday, as the project marked its sixth year in regulatory limbo. 496 more words

Energy

TransCanada Corp could be target of activist U.S. hedge funds — including Daniel Loeb's Third Point

CALGARY • Pipeline giant TransCanada Corp., the proponent of the controversial Keystone XL pipeline from Alberta to Texas, could be the next Canadian target of U.S. 636 more words

Energy

Keystone XL battle in Year 6: How a pipeline grew into a political phenomenon with a life of its own

Friday marks the sixth year to the day TransCanada Corp. filed an application with the U.S. State Department to build the 1,897-kilometre pipeline. Since then it has become not only the most polarizing energy project in North America, but also has taken on a life of its own almost separate from the Calgary-based company that proposed the project. 1,265 more words

Energy

Nebraska court ruling on Keystone XL pipeline likely to be delayed until 2015

WASHINGTON — The Nebraska Supreme Court will soon hear arguments in a dispute over the planned route for the Keystone XL pipeline but a court ruling on the controversial project is likely to be delayed until the new year, lawyers and activists say. 376 more words

Energy

TransCanada posts higher Q2 profit on gain from subsidiary sale

TransCanada Corp, the country’s No. 2 pipeline company and the backer of the controversial Keystone XL pipeline, said on Thursday its second-quarter profit rose 14 percent on gains from the sale of a unit. 251 more words

Energy

'We are ready': TransCanada expects to file for Energy East pipeline permit by August

TORONTO • TransCanada Corp. expects to file an application for its massive Energy East project as early as next month.

“We are ready,” Bob Eadie, Energy East pipeline project director at TransCanada, said Tuesday in an interview in Toronto where the company and an industry group were showing off a new pipeline training program. 454 more words

Energy

TransCanada Corp gets nod to build Northern Courier pipeline in Alberta

TransCanada Corp said on Wednesday that the Alberta government had approved construction of its $800 million Northern Courier pipeline, which will connect the Fort Hills oil sand project to a tank farm in northern Alberta. 131 more words

Energy