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"
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. [...]
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.
Gas – The Financial Post reported that TransCanada Corp. will be audited by Canadian regulators to ensure whether pipelines meet safety and management standards.
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.
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.
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.
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 dogging major producers have kept both Brent crude and WTI above $100 per barrel to begin the year.
Oil – Enbridge acquire stake in a key Cushing-Gulf Coast pipeline after TransCanada’s Keystone XL pipeline ambitions are dealt a blow.