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Stock Market & Financial Investment News

News Breaks
April 21, 2014
05:59 EDTTRPState Department extends deadline for Keystone Pipeline Project
The Department of State announced late Friday that it will provide more time for the submission of views on the proposed Keystone Pipeline Project. "Agencies need additional time based on the uncertainty created by the on-going litigation in the Nebraska Supreme Court which could ultimately affect the pipeline route in that state. In addition, during this time we will review and appropriately consider the unprecedented number of new public comments, approximately 2.5 million, received during the public comment period that closed on March 7, 2014," the State Department said. it added, "The agency consultation process is not starting over. The process is ongoing, and the Department and relevant agencies are actively continuing their work in assessing the Permit application." TransCanada (TRP) is seeking the build the pipeline.
News For TRP From The Last 14 Days
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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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