Home / Tag Archives: TransCanada

Tag Archives: TransCanada

Don’t expect TransCanada Corp to take a writedown on Keystone XL just yet

1109transcanada.jpg

TransCanada Corp. has several options after U.S. President Barack Obama rejected its proposal to build the Keystone XL pipeline, but investors shouldn’t expect a writedown of the project’s costs just yet. Obama betrayed America’s closest ally over Keystone XL to prop up climate change legacy Claudia Cattaneo: Canadians of every …

Read More »

TransCanada Corp wins contract to build US$500-million natural gas pipeline in Mexico

1111pipeline.jpg

CALGARY — TransCanada Corp. has won a contract to build, own and operate a US$500-million natural gas pipeline for Mexico’s state-owned power company. Calgary-based TransCanada says the Tuxpan-Tula Pipeline will help meet Mexico’s increasing demand for natural gas as the country shifts to the cleaner-burning fuel. The company says the …

Read More »

TransCanada Corp CEO vows to keep hiking dividends despite ‘worst commodity cycle I’ve seen’

russ-girling2.jpg

TransCanada Corp. is extending its plan to increase investor payouts by 8 per cent to 10 per cent annually through 2020 even after the U.S. rejected its US$8 billion Keystone XL pipeline. Forget tankers and pipelines, David Black says he has the best plan to export Canada's oil With prospects dimming …

Read More »

TransCanada Corp pulls Keystone XL application in Nebraska after Obama rejection

keystone2.jpg

TransCanada Corp. is withdrawing its application with Nebraska regulators for approval of the Keystone XL pipeline, less than two weeks after President Barack Obama rejected the project. The Calgary-based company said it’s inappropriate for the Nebraska Public Service Commission to move forward with a review of the route in the …

Read More »

TransCanada Corp launches US$15-billion lawsuit against U.S. government for rejecting Keystone XL

transcanada-keystone-nafta.jpg

CALGARY – TransCanada Corp. said Wednesday it intends to file a challenge under the North American Free Trade Agreement (NAFTA) seeking US$15-billion in damages from the United States government over President Barack Obama’s denial of the Keystone XL pipeline. In addition, the Calgary-based company filed a lawsuit in U.S. Federal …

Read More »

TransCanada’s Keystone XL lawsuit is just the beginning of corporate pushback against government pandering to environmentalists

0108kxl.jpg

TransCanada Corp.’s US$15-billion appeal of President Barack Obama’s rejection of the Keystone XL pipeline raises an important question: Who pays for social licence? TransCanada Corp launches US$15-billion lawsuit against U.S. government for rejecting Keystone XL TransCanada Corp. said Wednesday it intends to file a challenge under the North American Free …

Read More »

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

oil_pipeline.jpg

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 …

Read More »

Greater Montreal mayors come out against TransCanada’s Energy East pipeline

coderre.jpg

MONTREAL — Mayors from the greater Montreal area have come out against TransCanada’s proposed Energy East pipeline. The Montreal Metropolitan Community (MMC), which represents 82 jurisdictions, says it is opposed to the project. Montreal Mayor Denis Coderre, the current president, told a news conference today the organization has determined the …

Read More »

TransCanada’s Energy East application needs to be simpler, NEB says

transcanada.jpg

CALGARY – The National Energy Board is asking TransCanada Corp. to file a consolidated Energy East application that is easier to read and understand. The NEB sent the request Wednesday, the same day as Energy East president John Soini was in Montreal looking to build support for the pipeline with …

Read More »

TransCanada Corp says more layoffs on the way after cutting 10% of its staff in Q4

0211transcanada.jpg

CALGARY – TransCanada Corp. said Thursday more layoffs are expected as the energy sector grapples with plunging oil prices, after confirming it let go 10 per cent of workforce in the fourth quarter. The Calgary-based pipeline company laid off staff in November, but did not provide numbers until Thursday’s earnings …

Read More »