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  • CALGARY/ WASHINGTON, Alberta, Jan 6- TransCanada Corp sued the U.S government on Wednesday to reverse President Barack Obama's rejection of the Keystone XL pipeline, and also sought $15 billion in damages from a trade tribunal. Homeland Security Secretary Jeh Johnson and Sally Jewell, Secretary of the Department of Interior. The Keystone XL was designed to link...

  • CALGARY/ WASHINGTON, Alberta, Jan 6- TransCanada Corp sued the U.S government on Wednesday to reverse President Barack Obama's rejection of the Keystone XL pipeline, calling his decision unconstitutional. TransCanada also sought $15 billion in a separate action under the North American Free Trade Agreement, saying the pipeline permit denial was "arbitrary...

  • CALGARY, Alberta, Jan 6- TransCanada Corp sued the U.S government in U.S. federal court on Wednesday, alleging President Barack Obama's rejection of the Keystone XL pipeline exceeded his power under the U.S. TransCanada also filed legal action under the North American Free Trade Agreement, saying the pipeline permit denial was "arbitrary and unjustified."

  • CALGARY, Alberta, Jan 6- TransCanada Corp sued the U.S government in U.S. federal court on Wednesday, alleging President Barack Obama's rejection of the Keystone XL pipeline exceeded his power under the U.S. Obama rejected the cross-border crude oil pipeline late last year, seven years after it was first proposed. TransCanada also filed legal action with NAFTA...

  • Canada climate push spells uncertainty for oil sands Wednesday, 9 Dec 2015 | 10:15 AM ET

    PARIS, Dec 9- Canada's newly elected government is committed to being a strong ally in global efforts to curb climate change, but it is unclear yet what that will mean for its vast oil patch, Environment and Climate Change Minister Catherine McKenna said on Wednesday. President Barack Obama rejected TransCanada's proposed Keystone XL oil sands pipeline into...

  • OTTAWA, Dec 7- Canada will give aboriginal groups more say in discussions over natural resource projects located on their territory, which should help pave the way for major pipelines and mines, the country's new energy minister said on Monday. Asked whether the new assessment process meant aboriginal interests could block development of a pipeline, Natural...

  • Dec 3- Enbridge Inc said it expected to make a decision on whether to go ahead with the controversial Northern Gateway pipeline in the latter half of 2016, though it could not commit to a timeline. The newly formed Canadian government under Justin Trudeau has announced a ban on tanker traffic along the north coast of British Columbia, effectively slamming the...

  • TORONTO, Dec 3- The Canadian province of Ontario extended its commitment to nuclear energy on Thursday, announcing a supply deal with Bruce Power under which the private nuclear generator will spend C $13 billion to refurbish six reactors. The Liberal government of Canada's most populous province said under the agreement, it will secure 6,300 megawatts of...

  • TransCanada raises stake in Bruce Power to 48.5 pct Thursday, 3 Dec 2015 | 9:51 AM ET

    Dec 3- TransCanada Corp, Canada's second-largest pipeline operator, said it raised its stake in Bruce nuclear power plant in Ontario to 48.5 percent for $236 million. The Ontario Municipal Employees Retirement System also holds 48.5 percent interest in the plant and the Power Workers' Union holds the rest. It was not immediately clear if the deal value was in...

  • A climate fund offered to European investors by HSBC, the HSBC GIF Global Equity Climate Change fund, holds stock in U.S. oil producer and refiner Chevron Corp, South African energy company SASOL Ltd and British oil and gas producer BG Group Plc. "It is not so much about avoiding companies that are carbon emitters, but about investing in companies that have sought to...

  • CALGARY, Nov 23- The Canadian province of Alberta, holder of the world's third-largest oil reserves, has proposed a new climate change plan that will give efficient oil-producing companies room to grow while cutting carbon emissions, experts and stakeholders said on Monday. It also came as Prime Minister Justin Trudeau met with provincial and territorial...

  • CALGARY, Nov 22- The Canadian province of Alberta, home to the country's controversial oil sands, said on Sunday it will implement an economy-wide tax on carbon emissions in 2017, addressing long-standing criticism it is not doing enough to combat climate change. "Alberta is showing leadership on one of the world's biggest problems." Alberta has the world's...

  • TransCanada announces new layoffs as crude slump persists Wednesday, 18 Nov 2015 | 6:17 PM ET

    CALGARY, Alberta, Nov 18- Pipeline company TransCanada Corp has announced new job cuts, as slumping oil prices continue to take their toll on its customers, a spokesman said on Wednesday. TransCanada and other energy companies based in the oil-rich Western Canadian province of Alberta have been hammered with thousands of layoffs in recent months due to the...

  • OTTAWA, Nov 18- Canada's environmental review of existing applications for crude oil pipeline projects is continuing despite the new Liberal government's plans to make the assessment process more robust, Natural Resources Minister Jim Carr said on Wednesday. Key projects are TransCanada Corp's application for the Energy East pipeline to take oil from...

  • OTTAWA, Nov 18- Canada's environmental review of existing applications for crude oil pipeline projects is continuing despite the new Liberal government's plans to make the assessment process more robust, Natural Resources Minister Jim Carr said on Wednesday. Key projects are TransCanada Corp's application for the Energy East pipeline to take oil from...

  • Enbridge cuts 5 percent of workforce in Canada, US Tuesday, 17 Nov 2015 | 8:25 AM ET
    Workers work on an oil line pipeline in Decatur, IL.

    Canada's largest pipeline company cut 5 percent of its workforce, as low crude prices continued to drag on the North American oil and gas industry.

  • CALGARY, Alberta, Nov 16- Canada's largest pipeline company Enbridge Inc cut 5 percent of its workforce on Monday, a company spokesman said, as low crude prices continued to drag on the North American oil and gas industry. Enbridge spokesman Graham White said the reductions were made across Canada and the United States and represented about 500 employees at all...

  • The main casualty of the ban will be Enbridge Inc's Northern Gateway pipeline, which would carry oil sands crude from near Edmonton, Alberta, to a deepwater port at Kitimat, British Columbia for export to Asian markets. Efforts to move oil by rail to northern British Columbia ports would also no longer be viable, but the moratorium would not impact the proposed...

  • CALGARY/ OTTAWA, Nov 13- Prime Minister Justin Trudeau instructed his natural resources minister to "modernize" Canada's independent pipeline regulator, said a letter released on Friday that gave details on the newly elected leader's environmental plans. Trudeau asked Natural Resources Minister James Carr to ensure the Calgary- based National Energy Board...

  • VANCOUVER, Nov 13- Canada will push ahead with a moratorium on oil tanker traffic along the northern coast of British Columbia, effectively slamming the door on a controversial pipeline project that was already facing massive development hurdles. Canada's previous Conservative government approved the C $7.9 billion pipeline last year, subject to more than...