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Stock Market & Financial Investment News

News Breaks
January 18, 2012
15:32 EDTTRPState Department: Keystone XL pipeline not in national interest in current state
The Department of State recommended to President Obama that the presidential permit for the proposed Keystone XL Pipeline be denied and, that at this time, the TransCanada Keystone XL Pipeline be determined not to serve the national interest. The President concurred with the Departmentís recommendation, which was predicated on the fact that the Department does not have sufficient time to obtain the information necessary to assess whether the project, in its current state, is in the national interest. Specifically, the Department called for an assessment of alternative pipeline routes that avoided the uniquely sensitive terrain of the Sand Hills in Nebraska. The Department estimated, based on prior projects of similar length and scope, that it could complete the necessary review to make a decision by the first quarter of 2013. The Departmentís denial of the permit application does not preclude any subsequent permit application or applications for similar projects.
News For TRP From The Last 14 Days
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April 23, 2015
12:32 EDTTRPTransCanada Prince Rupert Transmission confirms project agreement with Kitselas
TransCanada - Prince Rupert Gas Transmission has confirmed a Project Agreement with the Kitselas First Nation of northern B.C. that provides the Kitselas First Nation with financial and other benefits related to the pipeline project. Specifically, the Project Agreement provides annual legacy payments for the duration of the commercial operation of the pipeline, plus immediate benefits on signing, and at other key project milestones.
April 21, 2015
14:39 EDTTRPPrince Rupert Gas Transmission confirms agreement with Gitanyow First Nation
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April 16, 2015
09:16 EDTTRPTransCanada says NEB recommends approval for North Montney mainline project
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April 14, 2015
16:09 EDTTRPMagellan Midstream, TransCanada to pursue Houston pipeline connection
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08:31 EDTTRPErickson wins Mexico pipeline construction contract
Erickson Incorporated (EAC) has contracted with Group Desarrollo Infaestructura, SA de CV who is contracted with Transcanada Corporationís (TRP) Mexican Subsidiary, Transportadora de Gas del Noreste for a new rural infrastructure pipeline project that will bring clean-burning natural gas to businesses and citizens in Mexico. The agreement will guarantee the use of an S-64 E Aircrane to assist in the external load transport of more than 1,000 natural gas pipeline segments that will complete the 329 mile long Topolobampo Project. This project is a first for Erickson within the construction services market in Mexico. The terrain surrounding the project is rugged and mountainous with minimal ground access. The work will be completed early in Q2.

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