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Stock Market & Financial Investment News

News Breaks
February 11, 2014
09:11 EDTTRPActivists saying Keystone Pipeline report was biased, Politico reports
Environmental activists are alleging that the contractor behind a key pro-Keystone pipeline report has a conflict of interest, according to Politico. The contractor that was behind the State Department report is too closely aligned with the oil industry, the website quoted the activists as saying. TransCanada is seeking permission to build the northern leg of its Keystone Pipeline. 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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