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Stock Market & Financial Investment News

News Breaks
February 20, 2013
05:59 EDTTRPTransCanada says planned pipeline won't imact climate, AP reports
TransCanada (TRP) says its proposed Keystone XL pipeline would have no measurable effect on global warming, the Associated Press reports. The company says opponents of the oil pipeline have "grossly inflated" possible impacts on emissions of greenhouse gases. Reference Link
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October 10, 2014
18:55 EDTTRPTransCanada receives regulatory approval for Grand Rapids pipeline project
TransCanada announced that the Alberta Energy Regulator has approved the majority of the company's applications to construct and operate the Grand Rapids Pipeline Project. Grand Rapids will comply with all regulatory requirements and is evaluating the conditions in the decision. The project is expected to begin construction in Fall and become operational in stages, with initial crude oil transported by mid-2016. The full system will have an ultimate capacity to move up to 900,000 barrels per day, or bbl/d, of crude oil and 330,000 bbl/d of diluent.

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