Post Tagged with: "TransCanada"

Source: Keystone-XL

Court Affirms Alternative Keystone XL Oil Pipeline Route Through Nebraska

From Reuters


A court in Nebraska on Friday affirmed an alternative route through the Midwest state for TC Energy Corp’s Keystone XL oil pipeline in the latest chapter in the nearly 10-year legal fight over the Canada to Texas pipeline.…

Photo by Mike Goldwater"

UGI Subsidiary Closes on Columbia Midstream Deal

By Tyler Losier, Energy Reporter, Oil & Gas 360

UGI Energy Services completes acquisition of TC Energy subsidiary Columbia Midstream
UGI Energy Services LLC, a subsidiary of UGI Corporation (stock ticker: UGI), has completed its previously announced acquisition of the

Toronto's Portlands Energy Centre (source: CNW Group/Ontario Power Generation Inc.)

TC Energy to Sell Ontario Natural Gas-Fired Power Plants for US $2.18 Billion

By Tyler Losier, Energy Reporter, Oil & Gas 360

TC Energy to sell three natural gas-fired power plants to Ontario Power Generation subsidiary for USD $2.18 billion
TC Energy Corporation (stock ticker: TRP), an energy infrastructure company based out of

TransCanada acquired several natural gas assets in the United States, including the Hickory Bend Gathering System and Cryogenic Processing Plant, in Ohio, as part of the Columbia Pipeline Group acquisition in 2016.

TC Energy Unloads Columbia Midstream for $1.3 Billion

By Tyler Losier, Energy Reporter, Oil & Gas 360

UGI subsidiary to acquire Columbia Midstream from TC Energy subsidiary
UGI Corporation (stock ticker: UGI) subsidiary UGI Energy Services has signed a definitive agreement to acquire the equity interests of Columbia

Source: Keystone-XL

Appeals Court Overturns Lower Court: Keystone XL Pipeline Can Move Forward

But TC Energy says no mainline construction planned for 2019

From UPI

June 8 (UPI) — A federal appeals court has ruled in favor of the Keystone XL pipeline moving forward by overturning a lower court injunction, but U.S. construction …

June 10, 2019 - 12:51 pm Closing Bell Story‎, Energy News, Law, Midstream
Source: TC Energy

TC Energy Secures $1.15 Billion from Sale of 56 Mile Pipeline

By Tyler Losier, Energy Reporter, Oil & Gas 360

 
85% interest expected to gross $1.15 billion
TC Energy Corporation (stock ticker: TRP) has entered into an agreement to sell an 85% equity interest in the Northern Courier Pipeline to

TransCanada Changes Name to TC Energy

TransCanada Changes Name to TC Energy

From Reuters

Pipeline company TransCanada Corp said on Friday it has changed its name to TC Energy, to reflect the expansion of its business beyond Canada to the United States and Mexico.

Calgary-based TC Energy has been struggling to make …

May 6, 2019 - 3:56 pm Closing Bell Story‎, Energy News, Midstream, MLP News, MLPs
TransCanada Reports Record Q1, has $30 Billion in Growth Projects Underway, Including Keystone XL

TransCanada Reports Record Q1, has $30 Billion in Growth Projects Underway, Including Keystone XL

TransCanada Reports Record First Quarter Financial Results

May 3, 2019 - 7:30 am Closing Bell Story‎, Press Releases
TransCanada Explores Sale Of $1 Billion Appalachian Pipeline Unit

TransCanada Explores Sale Of $1 Billion Appalachian Pipeline Unit

From Reuters

Pipeline operator TransCanada Corp is exploring a potential sale of its Columbia Midstream unit in a deal that could value the business at about $1 billion, three sources aware of the matter said on Friday.

TransCanada, based in …

April 8, 2019 - 4:23 pm Closing Bell Story‎, Midstream, MLP News, Natural Gas News
Source: Keystone-XL

Keystone XL Ruling Comes at Worst Time for Canadian Oil Industry

From Bloomberg

  • Producers already grappling with shortage of pipeline space
  • TransCanada line seen as key to relieving that congestion

A Montana federal judge’s ruling that threatens to further delay TransCanada Corp.’s Keystone XL pipeline comes at one of the …

November 9, 2018 - 11:50 am Canada, Closing Bell Story‎, Law
TransCanada’s Keystone XL Peaks Oil Shipper Interest

TransCanada’s Keystone XL Peaks Oil Shipper Interest

From Reuters

Pipeline operator TransCanada Corp is seeing strong interest from oil shippers in locking up the remaining space on Keystone XL and expects it to be fully subscribed, its chief executive said on Thursday.

TransCanada has not yet made …

Open Season for TransCanada’s Marketlink

Open Season for TransCanada’s Marketlink

TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) launched an open season today for binding commitments from interested parties to transport crude oil on the Marketlink Pipeline System from Cushing, Oklahoma to markets on the U.S. Gulf Coast.

June 18, 2018 - 6:48 am Closing Bell Story‎, Energy News, Midstream
TransCanada Appoints New Independent Director

TransCanada Appoints New Independent Director

TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced the appointment of a new independent director, Randy Limbacher, effective June 13, 2018.

Since 2017, Mr. Limbacher has been the chief executive officer of Meridian Energy LLC, a Houston-based energy advisory firm.

From …

TransCanada Places Final Section of 2017 NGTL Expansion into Service

TransCanada Places Final Section of 2017 NGTL Expansion into Service

TransCanada Places Final Section of 2017 NGTL Expansion Program into Service

April 2, 2018 - 9:00 am Canada, Closing Bell Story‎, Midstream, Press Releases
TransCanada acquired several natural gas assets in the United States, including the Hickory Bend Gathering System and Cryogenic Processing Plant, in Ohio, as part of the Columbia Pipeline Group acquisition in 2016.

TransCanada Turns On 1 Bcf/day of New Marcellus/Utica Takeaway

The Leach XPress project adds take-away capacity in the Marcellus and Utica shale basins in Ohio, Pennsylvania and West Virginia

TransCanada Corporation’s (ticker: TRP) Leach XPress project (LXP) was placed in-service on January 1, 2018.

Through an existing interconnect with …

TransCanada Investor Day Foresees a 2018 Construction Start for Keystone XL, Pending FID

TransCanada Investor Day Foresees a 2018 Construction Start for Keystone XL, Pending FID

  • Advancing $24 billion in commercially secured near-term growth projects
  • $20 billion in projects in development including Keystone XL, the Bruce Power life extension program, and Coastal GasLink
  • Expectations to grow common share dividend at an average annual rate at the
Keystone to Resume Crude Oil Deliveries Tomorrow

Keystone to Resume Crude Oil Deliveries Tomorrow

TransCanada Corporation (ticker: TRP) said its Keystone Pipeline repair and restart plans have been reviewed by the Pipeline and Hazardous Materials Safety Administration (PHMSA) with no objections, permitting a safe and controlled return to service of the Keystone system beginning …

November 27, 2017 - 5:36 pm Closing Bell Story‎, Midstream, Oil and Gas 360 Articles
Canada Missed Out on Three ‘Nation-Building’ Energy Projects in 2017

Canada Missed Out on Three ‘Nation-Building’ Energy Projects in 2017

Three major energy infrastructure projects have been cancelled in Canada in recent months. These were pipelines and related export facilities that would have taken Canada’s oil and natural gas into new markets and allowed Canadian producers additional revenue opportunities and …

TransCanada Axes Two Pipeline Projects

TransCanada Axes Two Pipeline Projects

Energy East and Eastern Mainline applications withdrawn by TransCanada

TransCanada Corporation (ticker: TRP) said in a press release today that it will no longer be proceeding with its proposed Energy East Pipeline and Eastern Mainline projects.

TransCanada President and Chief …

Hard to Permit Pipelines are at the Crux of U.S. Energy Development

Hard to Permit Pipelines are at the Crux of U.S. Energy Development

Oil, gas pipelines are different animals

You don’t need to do a lengthy search to find a dozen media stories about a proposed energy pipeline, especially now that pipelines have become a favorite tool for the environmental movement to protest …

TransCanada to Move More Western Canadian Natural Gas to Eastern Markets

TransCanada to Move More Western Canadian Natural Gas to Eastern Markets

Successful Canadian Mainline open season for TransCanada

TransCanada Corporation (ticker: TRP) said the successful conclusion of its long-term, fixed-price Open Season to transport natural gas on the Canadian Mainline from the Empress receipt point in Alberta to the Dawn hub …

Trump Administration Action Signals Plans to Move Forward with Keystone XL and Dakota Access

Trump Administration Action Signals Plans to Move Forward with Keystone XL and Dakota Access

Trump executive action could expedite energy pipeline projects

President Donald Trump signed executive actions to accelerate the Keystone XL and Dakota Access pipeline projects and to decree that American steel should be used for pipelines built in the United States, …

Moving Gas: FERC Approves Construction of TransCanada’s Leach XPress and Rayne XPress Pipelines

Moving Gas: FERC Approves Construction of TransCanada’s Leach XPress and Rayne XPress Pipelines

Marcellus, Utica natural gas producers take a step closer to U.S. Gulf Coast markets

“The Marcellus and Utica basins – the fastest-growing natural gas supply region in North America – have the lowest development and production costs along with the …

TransCanada Moving Ahead with $655 Million Gas Pipeline

TransCanada Moving Ahead with $655 Million Gas Pipeline

TransCanada’s Saddle West natural gas project will have a transportation capacity of 355 MMcf/d

Calgary-based TransCanada Corp. (ticker: TRP) announced Wednesday that the company’s wholly-owned subsidiary, NOVA Gas Transmissions Ltd. will proceed with its $655 million Saddle West natural gas …

December 9, 2016 - 12:39 pm Canada, Closing Bell Story‎, Midstream, Oil and Gas 360 Articles
TransCanada Closes $3.5 Billion Common Share Offering

TransCanada Closes $3.5 Billion Common Share Offering

Proceeds to help TransCanada fund acquisition of Columbia Pipeline Group

TransCanada Corporation (ticker: TRP) completed its public offering of Common Shares. The Offering was announced on November 1, 2016 when TransCanada entered into an agreement with a syndicate of underwriters …

Positive News for Keystone XL and Cross-Border Energy Projects

Positive News for Keystone XL and Cross-Border Energy Projects

Former Enbridge CEO Daniel sees possible re-application for Keystone XL

Former Enbridge CEO Patrick Daniel told BNN today that he is believes Donald Trump’s victory will be positive for cross-border energy pipeline projects, starting with the Keystone XL pipeline, the …

Keystone XL: The Saga Continues

Keystone XL: The Saga Continues

TransCanada seeks US$15 Billion from the U.S. government for breaches of NAFTA – following President Obama’s decision to nix the Keystone XL pipeline

The next chapter in the Keystone XL pipeline saga is officially underway.

On Friday, June 24, 2016, …

TransCanada Reports Solid First Quarter 2016 Financial Results

TransCanada Reports Solid First Quarter 2016 Financial Results

Transformational Changes Position Company for Near- and Long-Term Growth

CALGARY, ALBERTA–(Marketwired – April 29, 2016) – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced net income attributable to common shares for first quarter 2016 of $252 million or $0.36 per share

TransCanada Announces Preferred Share Issuance

TransCanada Announces Preferred Share Issuance

CALGARY, ALBERTA–(Marketwired – April 13, 2016) – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that it will issue 12 million cumulative redeemable minimum rate reset first preferred shares, series 13 (the “Series 13 Preferred Shares”) at a price of $25.00 …

April 13, 2016 - 5:43 pm Canada
Canada May Need Two Years to Recover from Oil Price Drop

Canada May Need Two Years to Recover from Oil Price Drop

Bank of Canada sees the commodity sector shrinking as part of the overall economy

Models run by Bank of Canada predict that it could take two years for the country to recovery from the dramatic downturn in oil prices. Bank …