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With B.C.’s rejection of Trans Mountain pipeline expansion, Canada’s diversification strategy is unravelling

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Just as the proposed Trans Mountain pipeline expansion seemed to be within striking distance of winning a regulatory permit, the British Columbia government formally requested its rejection Monday in a submission to the National Energy Board (NEB). The takeaway: Alberta’s – and Canada’s – oil market diversification strategy is unraveling. …

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After Keystone XL rejection, TransCanada Corp looks to beef up U.S. Gulf Coast presence

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With its ambitious Keystone XL project rejected by U.S. President Barack Obama, TransCanada Corp. is pursuing more modest developments in the U.S. Gulf Coast to make inroads in the oil refinery complex. TransCanada launches US$15B lawsuit against U.S. government for rejecting Keystone XL TransCanada Corp. said Wednesday it intends to …

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