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Stock Market & Financial Investment News

News Breaks
February 27, 2014
07:57 EDTTRPState Department: No conflict of interest on Keystone XL review, Reuters reports
The State Department's inspector general says the department acted properly in choosing Environmental Resources Management as a contractor to review the Keystone XL oil pipeline, clearing it of charges there was undue influence, reports Reuters. 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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