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TransCanada Corp

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  • OTTAWA, April 1- Canada's national pipeline regulator is making plans to cut its annual spending by 24 percent and workforce by 15 percent over the next two years as a pool of temporary funding runs dry, according to a report released this week. The board is an independent body with quasi-judicial powers set up in 1959 to ensure safety, security, environmental...

  • Canada pipeline regulator planning deep budget cuts Wednesday, 1 Apr 2015 | 3:57 PM ET

    OTTAWA, April 1- Canada's national pipeline regulator is making plans to cut its annual spending by 24 percent and workforce by 15 percent over the next two years as a pool of temporary funding runs dry, according to a report released this week. The board is an independent body with quasi-judicial powers set up in 1959 to ensure safety, security, environmental...

  • OTTAWA, March 26- Canada's Conservative government has given the energy regulator about a year to deliver up-to-date guidelines for pipeline companies to improve safety and protect the environment. Natural Resources Minister Greg Rickford instructed the National Energy Board to study the issue and report its findings with new safety guidelines by next...

  • OTTAWA, March 18- Canada's energy regulator is investigating up to a dozen new allegations of natural gas pipeline safety-code violations at TransCanada Corp, according to documents reviewed by Reuters. It marks the second time in recent years the regulator has probed safety practices at Canada's second-largest pipeline company following complaints by a...

  • OTTAWA, March 25- Senior engineers at Canada's energy regulator are under investigation by their professional association over their probe of alleged safety code violations at TransCanada Corp, Canada's second largest pipeline operator. The Association of Professional Engineers and Geoscientists of Alberta confirmed to Reuters it is investigating...

  • OTTAWA, March 19- The Canadian government's review of TransCanada Corp's proposed Energy East pipeline is deeply flawed, Quebec aboriginal leaders said on Thursday, signaling they could line up with opponents of the C $12 billion project. In a letter sent to Canada's natural resources minister and distributed to the media on Thursday, Ghislain Picard, chief of...

  • WASHINGTON, March 19- The U.S. State Department is still reviewing TransCanada's Keystone XL pipeline project, White House senior adviser Brian Deese told reporters on Thursday.

  • OTTAWA, March 18- Canada's energy regulator is investigating up to a dozen new allegations of natural gas pipeline safety-code violations at TransCanada Corp, according to documents reviewed by Reuters. It marks the second time in recent years the regulator has probed safety practices at Canada's second-largest pipeline company following complaints by a...

  • WASHINGTON, March 4- The U.S. Senate failed on Wednesday to override President Barack Obama's veto of legislation approving the Keystone XL oil pipeline, leaving the controversial project to await an administration decision on whether to permit or deny it. The Senate mustered just 62 votes in favor of overriding the veto, short of the two-thirds needed.

  • TORONTO, March 4- When the world's miners head for Toronto each year to attend their industry's annual conference, they arrive with certain expectations. But this year's gathering of the Prospectors and Developers Association of Canada is a more subdued affair, with lavish spreads and grand lodgings increasingly giving way to cheese platters and Airbnb...

  • WASHINGTON, March 2- President Barack Obama on Monday said he thinks there is no "plausible legal basis" for the U.S. Supreme Court to strike down a key plank of Obamacare, defending his administration's lack of a contingency plan. On the Affordable Care Act, his signature policy achievement commonly referred to as Obamacare, the Supreme Court is set to hear oral...

  • Forestry company J.D. Irving filed a notice with Canadian regulators this week, saying it was "vitally concerned" about how TransCanada Corp's proposed Alberta- to- New Brunswick pipeline would affect its operations. In a filing with the National Energy Board on Monday, J.D. Irving said about 170 km of the proposed pipeline route would cross its forest holdings in...

  • Forestry company J.D. Irving filed a notice with Canadian regulators this week, saying it was "vitally concerned" about how TransCanada Corp's proposed Alberta- to- New Brunswick pipeline would affect its operations. In a filing with the National Energy Board on Monday, J.D. Irving said about 170 km of the proposed pipeline route would cross its forest holdings in...

  • Who's leading 2016 presidential race? Ask futures Wednesday, 25 Feb 2015 | 12:47 PM ET

    Who's in the lead for 2016—Jeb? Hillary? This political futures market has your early frontrunners plus how key issues may turn out.

  • LONDON, Feb 25- "Because this act of Congress conflicts with established executive branch procedures and cuts short thorough consideration of issues that could bear on our national interest- including our security, safety and environment- it has earned my veto." With those words, the president returned the Keystone pipeline authorization act to the Senate...

  • The U.S. Senate Majority Leader Mitch McConnell, after receiving Obama's veto message, immediately countered by announcing the Republican-led chamber would attempt to override it by March 3. The TransCanada Corp pipeline would carry 830,000 barrels a day of mostly Canadian oil sands crude to Nebraska en route to refineries and ports along the U.S.

  • UPDATE 1-Obama vetoes Keystone XL pipeline bill Tuesday, 24 Feb 2015 | 4:06 PM ET

    WASHINGTON, Feb 24- President Barack Obama on Tuesday swiftly delivered on his vow to veto a Republican bill approving the Keystone XL oil pipeline from Canada, leaving the long-debated project in limbo for another indefinite period. The Senate received Obama's veto message and Senate Majority Leader Mitch McConnell immediately countered by announcing...

  • Obama vetoes Keystone pipeline Tuesday, 24 Feb 2015 | 3:50 PM ET
    President Barack Obama at the TransCanada Stillwater pipe yard in Cushing, Oklahoma.

    It was only the third veto of Obama's presidency, although many more are expected.

  • Feb 13- TransCanada Corp, Canada's second-largest pipeline company, reported on Friday a better-than-expected fourth quarter profit, driven mainly by increased earnings from its Canadian operations. Comparable earnings from TransCanada's cross-country Canadian Mainline pipeline, which carries natural gas from Empress, Alberta to Ontario, jumped 30...

  • Feb 13- TransCanada Corp, Canada's second-largest pipeline company, reported a higher-than-expected quarterly profit, driven mainly by increased earnings from its Canadian operations. Transcanada has been awaiting a U.S. decision to expand the Keystone network for more than six years to move crude from Alberta's oil sands to refineries on the Gulf Coast.