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Stock Market & Financial Investment News

News Breaks
March 14, 2013
06:40 EDTTRPObama reportedly indicates Keystone pipeline will be approved, The Hill says
After meeting with President Obama, several Republican House members said that the president indicated that he would likely approve the Keystone pipeline project, according to The Hill. The president said that a decision on the issue would be made soon, the website quoted the House members as saying. Reference Link
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October 21, 2014
12:54 EDTTRPTransCanada delays seeking approval for $11B Energy East line, Bloomberg says
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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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