Federal judge blocks Keystone XL pipeline
A federal judge in Montana has blocked the construction of the Keystone XL pipeline after finding the Trump administration had failed to conduct necessary environmental reviews.
TransCanada
Breaking: Trump greenlights controversial Keystone XL pipeline
The US Department of State has issued a presidential permit for the construction of the Keystone XL oil pipeline, a project blocked by former President Barack Obama.
TransCanada secures shippers for LNG pipeline in British Columbia
TransCanada Corp has secured commitment from shippers for a pipeline for Malaysian state-owned oil company Petronas's Pacific NorthWest liquefied natural gas (LNG) terminal in western Canada.
TransCanada worker who fell to death identified
A worker who fell 20metres to his death at a TransCanada work site in northern Alberta has been identified.
TransCanada locks in growth with $10.2 billion pipeline deal
TransCanada Corp. is undertaking its biggest-ever deal with the purchase of Columbia Pipeline Group Inc. for $10.2 billion, expanding its reach in the US natural gas market.
TransCanada takes earnings dive on Keystone charge
TransCanada recorded a fourth quarter loss of C$2.46billion – a significant drop from last year’s profit of C$458million.
US regulator to fine TransCanada
A US regulator has sent TransCanada a letter outlining 62 probable deficiencies on its Keystone pipeline.
TransCanada launches third round of job losses
TransCanada has begun another round of job losses as it looks to streamline costs. Workers were told the headcount reductions would be complete by the end of November. In June this year, 185 people were made redundant from its major project’s division, followed by a 20% reduction from its senior leadership positions in September.
TransCanada calls for pause on US review of Keystone XL pipeline
TransCanada Corporation has sent a letter to US Secretary of State John Kerry calling for the State Department to pause its review of the Presidential Permit application for the Keystone XL pipeline. The company said it believes there is “sound precedent” for making the request.
TransCanada to make further job losses, one fifth will be senior leadership
Staff at TransCanada have been told to expect more job reductions as part of a major restructuring of the company. Senior staff roles are also expected to be affected at the pipeline and power company as a result of the oil price. The company said the current environment was having a “profound impact” on customers and it would do what was necessary to reduce costs.
TransCanada profits up in latest quarter
TransCanada Corp, which divides its business between pipelines and power plants, reported higher second-quarter profit as electricity prices in Alberta rose and the company transported more fuel.