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News Breaks | | | | January 9, 2013 | | 07:05 EDT |  | TRP, PGN | TransCanada selected to develop $6B in natural gas infrastructure
TransCanada (TRP) has been selected by Progress Energy Canada (PGN) being the successor by amalgamation of PETRONAS Carigali Canada Ltd. and Progress Energy Resources Corp. to design, build, own and operate the proposed $5B Prince Rupert Gas Transmission project. This proposed pipeline will transport natural gas primarily from the North Montney gas-producing region near Fort St. John, British Columbia to the recently-announced Pacific Northwest LNG export facility in Port Edward near Prince Rupert, B.C. Progress and TransCanada expect to finalize definitive agreements in early 2013, subject to approvals by their respective Boards. TransCanada will immediately commence Aboriginal and stakeholder consultation and preparation of the relevant regulatory filings for this project under B.C. jurisdiction. In addition, TransCanada proposes to extend its existing NOVA Gas Transmission system in northeast B.C. to connect both to the Prince Rupert Gas Transmission project and to additional North Montney gas supply from Progress and other parties. Initial capital cost estimates associated with extensions of the NGTL System are approximately $1B-$1.5B, with an in-service date targeted for the end of 2015. | |
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News For TRP;PGN From The Last 14 Days Check below for free stories on TRP;PGN the last two weeks. |
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| May 22, 2013 | | 19:18 EDT |  | TRP | U.S. House approves Keystone XL bill, Reuters says
 Subscribe for More Information | | | 18:58 EDT | | TRP | U.S. House has votes to pass legislation approving Keystone XL, Bloomberg says
Subscribe for More Information | | | May 17, 2013 | | 08:29 EDT | | TRP | Canadian PM Harper lobbies U.S. for Keystone XL pipeline, WSJ reports
Subscribe for More Information | | | 06:57 EDT | | TRP | GOP may unveil debt ceiling plan before summer recess, Politico reports
House Republicans are considering releasing their plan for raising the debt ceiling before Congress' August recess, according to Politico. The plan is likely to include new spending cuts, a framework for tax reform, and a stimulus element, which would feature a provision involving Transcanada's (TRP) Keystone Pipeline, the website reported. Reference Link | | | May 16, 2013 | | 08:22 EDT | | TRP | TransCanada to sell 45% stake in GTN, Bison Pipelines to TC PipeLines for $1.05B
Subscribe for More Information | | | May 15, 2013 | | 07:31 EDT | | TRP | IEA backs Keystone XL pipeline, Globe and Mail reports
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