The fall was driven by a flood of shale natural gas supply and renewable power increasingly displacing coal, the International Energy Agency (IEA) said.
Keystone XL Mining News
He said the project would employ 28,000 people, with TransCanada predicting only 13,000 temporary construction jobs and the US State Department saying only 50 of them will be permanent positions.
Operating Engineers in the U.S. and Canada stand ready to build this essential piece of North American energy infrastructure.
The company has spent at least $2.5 billion on the project, whose total cost if built would be at least $10 billion due to delays and permitting costs.
The US President has signed two separate orders that advance the construction of TransCanada’s Keystone XL and Energy Transfer Partners LP’s Dakota Access oil pipelines.
Fossil-fuel-free future far off as world demand to increase, says the International Energy Agency.
The net loss also included a number of other smaller items, partially offset by an increase in revenue to $2.85 billion from $2.62 billion.
The firm has filed an amended application, which makes nearly 700 changes to the route in response to concerns about environmentally sensitive areas.
Days after the U.S. spurned TransCanada Corp.’s proposal to expand its Keystone pipeline network across North America, Mexico opened its arms.
U.S. President Barack Obama’s decision to reject TransCanada Corp.’s Keystone XL project doesn’t necessarily make Canada a more risky place for energy investment.
The decision, confirmed this morning, puts an end to a seven-year saga that became one of the biggest environmental flashpoints of Obama's presidency.
If accepted, the request would keep alive the possibility that Keystone could go ahead after next year’s presidential election in the U.S.
The decision to scrap the Carmon Creek project, said the company, was partially due to a lack of pipelines to coastal waters.
Report claims that noise from tanker traffic causes heightened levels of stress for the North Atlantic right whale, hindering the mammal’s ability to communicate.
Ottawa hopes new emissions rules will get the long-delayed Keystone XL pipeline one step closer to US State Department approval.
More than 60 Canadian groups are urging the National Energy Board to suspend its review of TransCanada's application for its Energy East pipeline.
The Association of Professional Engineers and Geoscientists of Alberta (APEGA) probe centres on the alleged mishandling of claims of natural gas pipeline violations at TransCanada by engineers working for the energy regulator (NEB).
Judges rule against landowners challenging Keystone XL's route through the state. It could speed Obama’s decision that’s been on hold.
In the Monday night episode of “The Colbert Report,” the joke was on Canada’s oil industry. That’s because the featured guest appeared to take a dig at the industry’s long-awaited, long-delayed Keystone XL pipeline project.
Ontario and Alberta agree the controversial $12bn Energy East pipeline is a “nation-building” exercise and said they'd work together on the issue.
TransCanada Corp’s key projects face increasing hurdles locally and across the border.
While most senators support the pipeline, a binding vote has not been held in the Senate under a Democratic majority since 2012.
Veto likely if passed by Congress.
The price tag for the pipeline has jumped nearly 50% during six years of delays.
The court’s ruling could force President Obama’s hand in making a final decision whether to green light the stalled project.