Oil – Western Canadian oil companies have seen the price of their crude drop on the back of a lack of pipeline outlets, growing North American production and unplanned refinery shutdowns. Is this decline likely to continue?
Articles Tagged "TSX:TRP"
Oil – A brief overview of oil price developments, supply and demand and significant market movers.
Gas – TransCanada Corporation (TSX:TRP, NYSE:TRP) responded to the National Energy Board's approval of their restructuring proposal for tolls and service on the Canadian Mainline.
Gas – Canadian pipeline giant TransCanada has penned another multi-billion dollar deal. In doing so, it has once again raised the question of whether pipeline companies are an overlooked investment opportunity.
Gas – TransCanada Corporation (TSX:TRP, NYSE:TRP) announced that it will design, build, own and operate the proposed $5 billion Prince Rupert Gas Transmission project.
Gas – TransCanada Corporation (TSX:TRP, NYSE:TRP) announced that they have signed a contract with the Ontario Power Authority (OPA) to develop, own and operate a new 900-megawatt (MW) natural gas-fired power plant to be located in Napanee, Ontario.
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.
Oil – Reuters reported that oil declined despite fears that conflict in the Middle East may disrupt supply. Gains were suppressed in part due to the expected restart of TransCanada Corp.'s (TSX:TRP) Keystone pipeline.
Oil – The Globe and Mail reported that inclement weather is preventing TransCanada Corp. (TSX:TRP) from examining its Keystone pipeline, which it shut down on Wednesday following a "small anomaly" on the pipe. However, TransCanada still expects the pipeline to be out of commission for just three days.
Oil – Reuters reported that oil prices dropped as a result of increased United States jobless claims and improved supply. The news that TransCanada Corp. (TSX:TRP) has suspended activity at the Keystone pipeline briefly brought prices up, but the gain was not sustained.