Delayed oil pipeline construction is causing a steep discount for Canadian crude prices that is costing the economy roughly $15.6 billion a year, according to Scotiabank. 554 more words
Tags » Keystone XL
Just as TransCanada Corp.’s Keystone XL pipeline finally seemed ready to roll, activists are taking one more shot at stopping it.
A year after President Donald Trump gave the O.K. 250 more words
TransCanada Corp. walked away from the mammoth Energy East pipeline project due to its “complexity and difficulty.”
But the pipeline giant will keep moving ahead with its Keystone XL project due to the strong economics underpinning the project. 948 more words
Take two steps forward, a half-step back.
The Canadian pipeline dance marathon never seems to end and the music is always playing.
But the country is inching closer to building new oil pipelines as current ones run full and domestic prices suffer. 873 more words
Premier Rachel Notley says this move serves two roles — helping the project receive the commercial support needed to get in the ground, and getting Albertans fair value for the product. 236 more words
Premier Rachel Notley — once notably cool to Keystone XL — has stepped in to provide key support for the controversial pipeline.
TransCanada Corp. announced Thursday it had won a commitment of 500,000 barrels of oil a day to be shipped on Keystone XL, positioning the proposed US$8-billion project to move ahead, though a final investment decision hasn’t been made. 687 more words
The developer of the Keystone XL pipeline announced Thursday that it hopes to begin construction next year following an alternative route approved by Nebraska authorities… 545 more words