Canada's Resources Minister spoke with US counterpart on Monday.
Keystone XL Mining News
It will move 1.1 million barrels of crude per day from Alberta to New Brunswick
US president gives speech on climate change at Georgetown University.
Poll shows US citizens value energy security over action on climate change, a view that translates into broad support for TransCanada’s proposed Keystone XL oil pipeline
He did not discard a decision favouring the pipeline.
Oil pipeline project is core public policy issue for Canada and the U.S., says Naheed Nenshi
The Prince Rupert Gas Transmission project is expected to have an initial capacity of about 2 billion cubic feet of gas per day.
While the cross-border outcome for TransCanada’s Keystone XL pipeline is still up in the air, U.S. opposition to the southern section currently under construction in Texas and Oklahoma is escalating.
Less than two weeks after U.S. President Barack Obama was re-elected for a second term, thousands of protesters rallied in Washington Sunday asking him to reject the proposed Keystone XL oil sands pipeline, which would transport crude oil from Canada to the U.S.
While Calgary-based TransCanada (TSX, NYSE:TRP) remains optimistic about its Keystone XL pipeline’s prospects, given Obama administration’s focus on moving the U.S. away from its dependence on foreign oil, uncertainties around the project remain.
TransCanada Corp. (TSX,NYSE:TRP) will invest about $1 billion in a new natural gas pipeline in Mexico after being granted a permit to contract to build, own and operate the duct by the country's federal power company, the Comision Federal de Electricidad or CFE.
TransCanada Corp. (TSX, NYSE:TRP) and Phoenix Energy Holdings Ltd. have entered into a 50-50 partnership to build a $3-billion pipeline in Northern Alberta, one of the centres of Canada’s oil sands industry.
Oil was trading higher Friday morning driven, in part, by TransCanada Corp's (TSX, NYSE:TRP) announcement yesterday that it was temporarily shutting down its existing Keystone pipeline after tests showed possible safety issues.
Canadian Enbridge and Enterprise Products Partners LP have nearly completed work on the Seaway pipeline to increase its capacity from 150,000 to 400,000 barrels per day.
U.S.-based Enterprise Products Partners LP (NYSE:EPD) and Canadian Enbridge Inc. (NYSE/TSX:ENB) are shaping up as the main competitors for TransCanada Corp’s Keystone XL, as the two companies announced they will build new pipelines that will move as much as 850,000 barrels of crude oil a day from Canada to refineries along the Gulf Coast by mid-2014.
Republicans in the US Congress are once again attempting to force through the approval of the Keystone XL project, while the pipeline's backers TransCanada says it could receive approval early in 2013.
The regulatory process for Enbridge’s Northern Gateway pipeline to connect Alberta's oil sands and markets in Asia, is shaping up to make the TransCanada's Keystone XL approval look like a cake walk. Starting in January, an unprecedented 4,000-plus people – the vast majority environmental activists – will speak for a collective 650 hours at public hearings on the controversial pipeline that would stretch for 1,170km from Brudenheim in Alberta to a new marine terminal at Kitimat in northern British Columbia, Canada. The project is already almost a year behind schedule and would not go into operation in 2017 at the soonest.