Pickens also shared some investing ideas within the energy sector, including his thoughts on MLPs and producer consolidation.» Read More
CALGARY, Alberta, Oct 8- Canadian crude exports to the United States topped 3 million barrels per day last week for the first time, suggesting delays to new export pipelines such as TransCanada Corp's Keystone XL were failing to check oil sands development. Enbridge Inc has also run into regulatory delays on its cross-border Alberta Clipper pipeline expansion...
TORONTO, Oct 7- U.S. billionaire investor Wilbur Ross is looking at investing in the Canadian and U.S. energy sectors, betting a long-term recovery in oil prices will boost the fortunes of small and mid-cap companies whose shares have been battered since June. Ross, who made his name by snapping up out-of-favor assets ranging from banks to textile firms, told...
*Canada lobbied against previous labelling proposal. BRUSSELS/ CALGARY, Oct 7- A European Union plan to label Canadian tar sands oil as highly polluting as part of its fight against climate change has been abandoned after years of opposition from Canada, clearing the way for exports of tar sands crude to the European market. Canada sees Europe as a potential...
*Republicans plan to force a vote if they win Senate. The $10 billion Keystone project to connect Canadian oil sands with U.S. refineries will top the list of Republican energy priorities if they gain control of the Senate after the Nov. 4 midterm elections.
CALGARY, Alberta, Sept 26- Jim Prentice, the one-time federal minister and investment banker sworn in as premier of Alberta earlier this month, said on Friday the Canadian province must secure new oil-export pipelines to ensure the growth of its oil sands sector.
KUALA LUMPUR/ VANCOUVER, Sept 25- Malaysian state-owned oil and gas company Petronas said on Thursday it might pull out of a roughly $10 billion liquefied natural gas project in Canada due to what it said was the country's slow progress developing a taxation plan.
NEW YORK, Sept 24- Logic dictates that the United States will one day approve the northern leg of TransCanada Corp's controversial Keystone XL crude oil pipeline, Canadian Prime Minister Stephen Harper told an audience of executives in New York on Wednesday.
Sept 23- TransCanada Corp, Canada's second-largest pipeline operator, said it is reviewing a Quebec court order that has temporarily halted geo-technical survey work related to its C $12 billion Energy East pipeline project.
TORONTO, Sept 19- Canada's main stock index took its sharpest one-day hit in seven months on Friday as a broad array of stocks from banks to telecommunications and resource companies pushed it to a 1.7 percent decline for the week.
TORONTO, Sept 19- Canadian pipeline operator TransCanada Corp said on Friday its current corporate structure, asset base and financial strength are critical to its ability to maneuver and deliver on its growth strategy.
TORONTO, Sept 19- TransCanada Corp said on Friday that it believed it needs its current corporate structure, asset base and financial strength for its capital program.
Calgary- based TransCanada Corp is emerging as a possible target, with several U.S. activist hedge funds reviewing the nearly $38 billion pipeline operator as a break-up candidate, people close to the matter said.
WASHINGTON, Sept 16- Pipeline operator TransCanada Corp is likely to haul Canadian oil sands crude by rail whether or not its embattled Keystone XL pipeline project is finally approved by Washington, the company's chief executive said on Tuesday.
CALGARY, Alberta, Sept 15- The cost of the South Dakota portion of TransCanada Corp's Keystone XL pipeline has more than doubled to $1.974 billion in the last four years the project has awaited federal approval, the company said in a petition filed with the state Public Utilities Commission on Monday.
Revamped U.S. refineries are absorbing heavy Canadian crude and new oil-rail terminals built by companies like Gibson Energy Inc and Canexus Corp are loading trains to deliver crude to markets across North America, and potentially abroad, limiting the downturn and keeping prices buoyant compared to the past seasons.
CALGARY, Alberta, Sept 8- Jim Prentice, a former key Cabinet minister in the government of Canadian Prime Minister Stephen Harper, has firm control over the province of Alberta's governing Progressive Conservatives, but convincing voters to extend the party's 43- year rule will be more challenging.
TORONTO, Sept 5- Canada's main stock index finished Friday's session little changed, as modest, but broad, declines led by financial stocks, offset resource gains and investors kept to the sidelines. Toronto-Dominion Bank was off 0.52 percent at C $57.48, while Royal Bank of Canada slipped 0.4 percent to C $80.76.
LINCOLN, Nebraska, Sept 5- Nebraska's Supreme Court heard arguments on Friday about whether Governor Dave Heineman acted properly when he blessed a route for the Keystone XL oil pipeline, and the court's decision could weigh on the controversial project. Keystone opponents who watched the proceedings from an adjacent room, were not so subdued.
WASHINGTON, Sept 5- Backers and opponents of the Keystone XL pipeline are expected to pack a courtrooom in Lincoln on Friday when the Nebraska Supreme Court hears arguments about whether the state's governor was wrong to approve a route for the controversial project.
At issue is a 2012 law that gave Governor Dave Heineman authority to approve a route for TransCanada Corp's proposed Canada- to- Texas project. Because the pipeline would cross the U.S.- Canada border en route from Alberta to Texas, the State Department must either bless or reject the proposal based on its evaluation of the national interest.