GO
Loading...

Enter multiple symbols separated by commas

TransCanada Corp

More

  • CALGARY, Alberta, June 25- Oil-rich Alberta will raise the cost of greenhouse-gas emissions for large industrial plants and boost targets for emission cuts as its new government took action on Thursday to strengthen the Canadian province's environmental reputation. Alberta is the largest source of U.S. oil imports, and its oil sands plants are Canada's...

  • CALGARY, Alberta, June 23- Pipeline company TransCanada Corp and oil and gas producer Encana Corp both said on Tuesday they were cutting jobs, joining other Canadian energy firms that have laid off staff since global oil prices slumped. TransCanada, the backer of the controversial Keystone XL pipeline project, said it cut 185 jobs following a restructuring to...

  • Philippe Couillard said in an interview Tuesday with The Associated Press that if Quebec is simply a "transit place" for TransCanada's proposed $12 billion Energy East project, he doesn't see much benefit. Canada is looking for ways to export its growing oil sands production, but the Obama administration has delayed a decision on TransCanada's proposed...

  • OTTAWA, June 22- If Canada's Liberal Party wins the October general election it will create a special cabinet committee to oversee damaged relations with the United States, Liberal leader Justin Trudeau said on Monday. Trudeau, whose Liberals are in third place in most opinion polls, blamed Conservative Prime Minister Stephen Harper for souring ties with...

  • OTTAWA, June 22- If Canada's Liberal Party wins the October general election it will create a special cabinet committee to oversee and manage damaged relations with the United States, Liberal leader Justin Trudeau said on Monday. Trudeau, whose Liberals are in third place in most opinion polls, blamed Conservative Prime Minister Stephen Harper for souring...

  • NEW YORK, June 17- Magellan Midstream Partners LP, one of the ten largest U.S. oil pipeline companies, is considering opening an oil trading operation for the first time to enter a business that generates hundreds of millions of dollars a year for some of its rivals. Magellan may hire traders and acquire other assets related its existing pipeline and oil storage...

  • NEW YORK, June 17- Magellan Midstream Partners LP, one of the ten largest U.S. oil pipeline companies, is considering opening an oil trading operation for the first time to enter a business that generates hundreds of millions of dollars a year for some of its rivals. Magellan may hire traders and acquire other assets related its existing pipeline and oil storage...

  • VANCOUVER, June 12- TransCanada Corp said on Friday it expects to start construction this year on natural gas pipeline to British Columbia's Pacific Coast worth at least C $5 billion following a conditional go-ahead by a Petronas-led consortium for what could be Canada's first LNG export terminal. The Prince Rupert Gas Transmission line will connect the...

  • June 12- TransCanada Corp said on Friday a consortium led by Malaysian national oil company Petronas has decided to proceed with plans to build a terminal in northern British Columbia to export Canadian natural gas to Asia. TransCanada said it plans to start construction this year of the Prince Rupert Gas Transmission line, to connect the Montney field near...

  • OTTAWA, May 25- North American energy ministers said on Monday they had set up a working group on climate change and energy, a partnership designed to help Canada, the United States and Mexico harmonize policies. The agreement comes even as Canada's right-leaning Conservative government and the Obama administration clash over the lengthy and ongoing U.S....

  • TORONTO, May 10- Energy companies operating in Alberta should aim to upgrade more of the oil they produce within the province, Alberta's newly elected premier said in an television interview. Alberta Premier Rachel Notley led the left-leaning New Democrats to a sweeping victory on Tuesday on promises that included energy industry reforms.

  • CALGARY, Alberta, May 6- Canadian oil and gas shares tumbled and the country's main stock index hit a one-month low on Wednesday after the left-wing New Democratic Party surged to power in the oil-rich province of Alberta on promises that included energy industry reforms. The NDP is expected to be less accommodative of the energy industry and its Alberta oil...

  • CALGARY, Alberta, May 6- A seismic political shift in Canada's oil-producing heartland of Alberta has left voters, investors and oil executives braced for change as a rookie left-wing government promises major reforms after 44 years of Conservative rule. "The vast majority of energy executives and professionals we spoke with downplayed the polls, projecting...

  • May 1- TransCanada Corp, Canada's second largest pipeline operator, reported a 10 percent rise in comparable earnings, helped by the positive impact of a stronger U.S. dollar on its U.S. pipeline operations and profits at its power businesses. TransCanada, the company behind the C $8 billion Keystone XL and C $12 billion Energy East pipelines, also said demand for...

  • May 1- TransCanada Corp, Canada's No.2 pipeline company by market value, reported a 10 percent rise in comparable earnings on Friday, helped by a stronger U.S. dollar and profits at its Eastern Canadian and U.S. power businesses. Earnings at TransCanada's Eastern Canadian power business increased nearly 41 percent in the quarter, while the U.S. Power business...

  • May 1- TransCanada Corp, Canada's No.2 pipeline company by market value, reported a 10 percent rise in comparable earnings, helped by higher profit as its Keystone System, Eastern Canadian Power and U.S. Power businesses. TransCanada has waited more than six years for the United States to approve the controversial Keystone XL pipeline, which will carry crude...

  • May 1- TransCanada Corp, Canada's second-largest pipeline company, reported a 6.1 percent fall in quarterly net profit, hurt by derivative losses. Net income attributable to shareholders fell to C $387 million, or 55 Canadian cents per share, in the first quarter ended March 31, from C $412 million, or 58 cents per share, a year earlier. Comparable earnings rose about...

  • President Barack Obama is unlikely to deliver his verdict on TransCanada Corp's Keystone XL pipeline between mid-June and mid-October for fear of being seen as interfering in Canada's upcoming election, said three Ottawa- based sources familiar with the matter. In 1963, when relations between President John F. Kennedy and Conservative Prime Minister John...

  • CALGARY, Alberta, April 24- TransCanada Corp, whose controversial Keystone XL pipeline project has waited more than six years for U.S. approvals, is asking the Obama administration to approve another pipeline, one that would take American crude oil into Canada. The company, Canada's No. 2 pipeline operator, said it applied on Wednesday for a presidential permit...

  • CALGARY, Alberta, April 24- TransCanada Corp, whose controversial Keystone XL pipeline project has waited more than six years for U.S. approvals, is asking the Obama administration to approve another pipeline, one that would take American crude oil into Canada. The company, Canada's No. 2 pipeline operator, said it applied on Wednesday for a presidential permit...