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Stock Market & Financial Investment News

News Breaks
January 4, 2013
18:42 EDTTRPNebraksa governor to review final Keystone pipeline reroute proposal
Nebraksa Gov. Dave Heineman late Thursday received the final evaluation report of the Keystone Nebraska Reroute from Nebraska’s Department of Environmental Quality. Per state law, the Governor now has up to 30 days to review the more than 2,000-page report. TransCanada (TRP) is the operator of the Keystone pipeline. Reference Link
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June 12, 2013
17:52 EDTTRPTransCanada responds to NEB decision to reject toll changes
TransCanada has received the National Energy Board's decision to reject TransCanada's request for review and variance of the NEB's previous decision released March 27 related to TransCanada's restructuring proposal for tolls and service on the Canadian Mainline. On June 11, the NEB informed TransCanada that it is dismissing the company's review and variance application in its entirety. "We are very disappointed that the NEB rejected our review and variance application without the opportunity for a full hearing and without issuing rationale for its rejection," TransCanada president and CEO Russ Girling said. The NEB's letter advised that its reasons for dismissing the application will follow at a later date. TransCanada is considering its future options including potential appeal.

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