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  • VANCOUVER, July 31- TransCanada Corp is still committed to building the Keystone XL pipeline despite stubborn opposition in the United States that has thrown the C $8 billion project into regulatory limbo, the chief executive of the Canadian company said on Friday. Girling spoke after the company reported that profits from existing Keystone operations...

  • OTTAWA, July 29- Canadian Prime Minister Stephen Harper said on Wednesday he was not hopeful that the United States would approve the northern leg of TransCanada Corp's controversial Keystone XL pipeline. Harper also told Bloomberg Television that if President Barack Obama did veto the project, which is currently under review, he was confident a future U.S....

  • OTTAWA, July 29- Canadian Prime Minister Stephen Harper said on Wednesday he was not hopeful that the United States would approve the northern leg of TransCanada Corp's controversial Keystone XL pipeline. Harper also told Bloomberg Television that if President Barack Obama did veto the project, he was confident a future U.S. administration would grant...

  • TransCanada Corp. and other interested parties offered opening statements and witness testimony began before the Public Utilities Commission in the hearing process that is scheduled to stretch until Aug. 4. The state initially authorized TransCanada's project in 2010, but permits must be revisited if construction doesn't start within four years.

  • PIERRE, S.D.— State regulators this week will consider whether to approve for the second time in just over five years construction through South Dakota of the long-delayed Keystone XL oil pipeline, but it's unlikely a decision will come immediately. The state initially authorized TransCanada Corp.' s project in 2010, but permits must be revisited if...

  • OTTAWA, July 17- Canada's provinces reached a long-sought deal on Friday over an energy plan for the country, agreeing broadly to curb greenhouse gas emissions while also promoting the use of pipelines. Alberta and Saskatchewan have limited markets for their land-locked oil, with environmentalists opposing pipelines that have to go through other provinces...

  • CALGARY, July 14- The leader of the oil-rich Canadian province of Alberta is endorsing calls from her counterparts to strengthen action to fight climate change. Alberta Premier Rachel Notley said on Tuesday that her government would sign a declaration made in April by other provinces that agreed to work together to press the federal government to take an "...

  • 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...

  • 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...