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  • 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...

  • CALGARY, Nov 12- Canada's oil-rich western Canadian province of Alberta said its recent decision to double its price on carbon emissions was only a first step in its efforts to tackle climate change, Premier Rachel Notley said on Thursday. The province would also go beyond its June decision to toughen its carbon pricing regulations so that both Canada and...

  • CALGARY, Alberta, Nov 12- Canadian energy companies, especially those at higher cost oil sands producers, are signaling they will cut capital spending for a second straight year in 2016 as they adjust to a painful new reality of oil near $40 a barrel. Cenovus estimates capital spending between C $1.5- C $2.0 billion versus C $1.8- $1.9 billion in 2015. Chief...

  • Democratic presidential candidate Hillary Clinton on Thursday proposed a $30 billion plan to help displaced workers in coal-producing areas find new jobs and continue receiving health benefits as the country shifts to using renewable energy and more natural gas. Senator Bernie Sanders of Vermont, her chief rival for the Democratic nomination, has tacked...

  • Nov 11- Irving Oil, the company seeking to become the gatekeeper for a new crude oil pipeline from western Canada to the Atlantic Ocean, has struggled to control air pollution at its existing marine terminal in Saint John, New Brunswick. The terminal handles fuels from the company's 300,000- barrel per-day Saint John oil refinery, Canada's largest, and is the...

  • CALGARY, Nov 9- The rupture of a TransCanada Corp natural gas pipeline in 2013 in Alberta was caused by "miscommunication" between staff and contractors that built the piece of the line that failed, the company said on Monday. TransCanada, the company behind the recently rejected Keystone XL oil pipeline, made the comments after a report last week from Canada's...

  • CALGARY, Alberta, Nov 6- TransCanada Corp said on Friday it will keep pressing to build the Keystone XL oil pipeline from Canada to the United States despite the Obama administration's rejection, but skeptical investors suggested it focus on a controversial all-Canadian alternative. TransCanada is also developing the Energy East pipeline, designed to move...

  • Goldcorp Inc fell 4.2 percent to C $15.34, while Barrick Gold Corp lost 3.3 percent to C $9.38 as the price of bullion fell to a three-month low. TransCanada closed down 4.3 percent at C $43.32 after U.S. "We are shocked that there was any value of Keystone left in TransCanada," said Norman Levine, managing director at Portfolio Management Corp..

  • President Obama' s rejection on Friday of TransCanada Corp's proposed Keystone XL oil pipeline, while expected by many, highlighted difficulties that have been nagging the sector for months. But their attractiveness has faded since at least this summer as executives at some of the biggest pipeline companies, including Plains All American LP and Kinder...

  • FORT SASKATCHEWAN, Alberta, Nov 6- The U.S. rejection of the proposed Keystone XL pipeline was driven in part by protesters who are increasingly frustrated with inaction on climate change, Royal Dutch Shell Plc Chief Executive Ben van Beurden said on Friday. Speaking at the launch of Shell's new carbon capture and storage project in Alberta, the first Canadian...

  • CALGARY, Alberta, Nov 6- TransCanada Corp said on Friday it will keep pressing to build the Keystone XL oil pipeline from Canada to the United States despite the Obama administration's rejection, but investors were skeptical and suggested it focus on a controversial all-Canadian alternative. TransCanada is also developing the Energy East pipeline, designed...

  • WASHINGTON, Nov 6- Building the Keystone XL crude oil pipeline from Canada would have encouraged so-called dirty oil with harmful environmental impacts, the White House said on Friday, following the Obama administration's rejection of TransCanada Corp's project.

  • OTTAWA, Nov 6- Canadian Prime Minister Justin Trudeau said on Friday he was disappointed at the U.S. decision to block the proposed Keystone XL oil pipeline but didn't see it standing in the way of improving relations between the two countries. While Canada's newly elected Liberal government had backed Keystone XL, Trudeau made clear he would not adopt the same...

  • The denial of TransCanada Corp's more than 800,000 barrels per day project will make it more difficult for producers to develop the province of Alberta's oil sands. Keystone XL would have linked existing pipeline networks in Canada and the United States to bring crude from Alberta and North Dakota to refineries in Illinois and, eventually, the Gulf of Mexico...

  • President Barack Obama speaks on the Keystone XL pipeline, flanked by Secretary of State John Kerry (R), and Vice President Joe Biden, on November 6, 2015 in the Roosevelt Room of the White House in Washington, DC.

    President Barack Obama said the proposed pipeline project had occupied "an over-inflated role in our political discourse."

  • CALGARY, Alberta, Nov 6- TransCanada Corp said on Friday it will review all options, including seeking a new permit to ship crude oil from Canada to the United States, after the Obama administration rejected its proposed Keystone XL oil pipeline. "TransCanada and its shippers remain absolutely committed to building this important energy infrastructure...