Keystone XL Pipeline Decision Could Affect Oil-Sands Development
Oil – Bloomberg reported that the United States’ decision on the 875-mile US portion of the Keystone XL Pipeline could accelerate or slow down investments in Canada’s oil sands.
Articles Tagged "TransCanada Corp"
TransCanada Corp’s Q4 Profits Fall 19 Percent
Gas – Bloomberg reported that TransCanada Corp’s Q4 profits dropped by 19 percent, mostly due to a drop in natural gas shipments. As quoted in the market report: TransCanada is moving less gas on its pipelines because a glut in North American supplies has reduced prices, resulting in more of the fuel being kept in storage. U.S. [...]
TransCanada Wins Contract to Build Mexican Pipeline
Gas – TransCanada Corporation (TSX:TRP,NYSE:TRP) announced that its Mexican subsidiary, Transportadora de Gas Natural del Noroeste, has been awarded the contract to build, own and operate the El Encino-to-Topolobampo Pipeline in Mexico.
TransCanada Corp Faces Safety Review
Gas – The Financial Post reported that TransCanada Corp. will be audited by Canadian regulators to ensure whether pipelines meet safety and management standards.
Major Energy Companies Agree on Plan for Alaska-Asia Natural Gas Pipeline
Gas – The Wall Street Journal reported that ExxonMobil Corp. (NYSE:XOM), ConocoPhillips (NYSE:COP), BP plc (LSE:BP) and TransCanada Corp. (TSX:TRP) have agreed to merge two competing natural gas pipeline projects into a single pipeline that will export natural gas from Alaska's North Slope to Asia.
TransCanada Submits Environmental Report for Revised Keystone XL Pipeline Route
Oil – CBC reported that TransCanada Corp. (TSX:TRP) has submitted an environmental report on the proposed revised route for the Keystone XL pipeline. The new route purportedly avoids sensitive areas, including the Sandhills region and two small city well fields.
Pipeline Companies: An Overlooked Investment Opportunity?
Major pipeline operators Enbridge and TransCanada Corp have seen much bad press lately, but a closer look at pipeline companies shows they can be attractive investment targets.
The North American Shift from Natural Gas to Oil
Oil – With natural gas currently trading at a ten-year low, more and more companies are shifting their corporate strategies to liquid oil.
Oil Supply Concerns Trump Sagging Demand
Oil – Supply concerns dogging major producers have kept both Brent crude and WTI above $100 per barrel to begin the year.
Enbridge Surpasses TransCanada Corp in Race to Relieve Cushing Oil Hub
Oil – Enbridge acquire stake in a key Cushing-Gulf Coast pipeline after TransCanada’s Keystone XL pipeline ambitions are dealt a blow.
