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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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December 1, 2015
09:12 EDTTRPTransCanada reaches two-year revenue requirement agreement for NGTL system
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November 22, 2015
17:19 EDTTRPCanada halts TransCanada pipeline development after multiple drill fluid spills
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November 19, 2015
08:03 EDTTRPTransCanada announces 21.27M share NCIB
TransCanada announced that the Toronto Stock Exchange has approved its normal course issuer bid to purchase, for cancellation, up to 21.27M of its common shares, representing approximately 3% of the company's 709.01M issued and outstanding common shares listed on the TSX as of November 13.
November 18, 2015
12:25 EDTTRPTransCanada withdraws Keystone pipeline application in Nebraska, Bloomberg says
TransCanada is withdrawing its application for approval of the Keystone XL pipeline in Nebraska, reports Bloomberg. A company spokesman said in an emailed statement that it's inappropriate for the Nebraska Public Service Commission to move forward with a review of the route in the state while the company considers its next step. Reference Link
November 17, 2015
06:24 EDTTRPEnbridge reduces workforce in Canada, U.S. by 5%, Reuters says
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