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Stock Market & Financial Investment News

News Breaks
March 31, 2014
08:43 EDTTRPTransCanada secures long-term commitments for ANR pipeline system
TransCanada announced its ANR Pipeline system has secured almost 2B cubic feet a day of firm natural gas transportation commitments on its Southeast Main Line at maximum rates for an average term of 23 years. Approximately 1.25 Bcf/d will commence in 2014, with the remaining volume commencing in 2015. Capital costs associated with the system expansions required to bring the additional capacity to market are currently estimated to be about $100M.
News For TRP From The Last 14 Days
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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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