TransCanada Archives - Page 3 of 6

TransCanada Closes $3.5 Billion Common Share Offering

November 16, 2016

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 led by TD Securities, BMO Capital Markets and RBC Capital Markets under which they agreed to purchase from TransCanada and sell

EnerCom Conference The Oil & Gas Conference

Positive News for Keystone XL and Cross-Border Energy Projects

November 9, 2016

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 final application for which was turned down by the Obama administration a year ago after seven years of permitting activity.

Keystone XL: The Saga Continues

June 27, 2016

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 Corporation (ticker: TRP) filed an official request for arbitration against the government of the U.S., under the rules of

TransCanada Reports Solid First Quarter 2016 Financial Results

April 29, 2016

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 compared to $387 million or $0.55 per share for the same period in 2015. Comparable earnings for first quarter 2016

TransCanada Announces Preferred Share Issuance

April 13, 2016

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 per share for aggregate gross proceeds of $300 million on a bought deal basis to a syndicate of underwriters in

Canada May Need Two Years to Recover from Oil Price Drop

April 4, 2016

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 of Canada Deputy Governor Lynn Patterson estimated the commodity sector may only account for 40% of exports by 2020, down

TransCanada Pays $13 Billion for 15,000 Miles of Marcellus/Utica Pipeline Assets

March 18, 2016

TransCanada purchases Columbia Pipeline Group for $10.2 billion plus assumption of debt After years of regulatory limbo to get its Keystone XL pipeline resulted in nothing, TransCanada (ticker: TRP, TransCanada.com) found a new way to continue expanding its North American foot print; the company announced yesterday that it will acquire Columbia Pipeline group for US$13 billion, resulting in a combined $23

TransCanada Expands in Québec

February 24, 2016

TransCanada Expands Its Presence in Québec MONTRÉAL, QUÉBEC–(Marketwired – Feb. 23, 2016) – Media Advisory – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today it has expanded its 60-year presence in Québec with a larger corporate provincial office located in Montréal. This new office will be home to over 40 employees from different disciplines working on the Energy East Pipeline Project

Does TransCanada’s Keystone XL Pipeline Stand a Snowball’s Chance in Court?

January 15, 2016

Oil & Gas 360® polled three international law experts to gauge the viability of the $15 billion Keystone XL legal action by TransCanada The saga that started back in 2008 continues. The Keystone XL oil pipeline did not die with a slammed door from White House. At least, not from the point of view of its sponsor’s corner office in

Denial of Keystone XL Leads to More Rail Capacity for Canada’s Crude Oil

January 11, 2016

Houston-based USD Group looks to double capacity at its Hardisty, AB rail terminal Canadian crude oil is still making its way south into the U.S. despite the decision by the Obama administration to reject the project plan for TransCanada’s (ticker: TRP) Keystone XL pipeline. Most recently, Houston-based USD Group announced that it plans to double the capacity of its rail

TransCanada Sues U.S. Government over Keystone XL, Seeks $15 Billion for Breach of NAFTA

January 6, 2016

TransCanada says Pres. Obama’s denial of the Keystone XL application was unlawful Calgary-based TransCanada Corp. (ticker: TRP) announced today that it will sue the U.S. government, alleging President Barack Obama exceed his power under the U.S. Constitution when he rejected the Keystone XL pipeline project. The suit was filed in the U.S. Federal Court in Houston, Texas, according to a

With Keystone XL Dead, Environmental Groups Turn to Obama to Kill Alberta Clipper Expansion

December 11, 2015

Following judge’s confirmation of Enbridge’s legal authority to carry out 430 MMBOPD Alberta Clipper expansion U.S. District Judge Michael Davis in Minnesota rejected key parts of a lawsuit brought against Enbridge Inc. (ticker: ENB) over the expansion of the company’s Alberta Clipper pipeline. Environmental groups, including the Sierra Club, and tribal groups sought to stop the expansion of the Alberta

Premium Content