A federal judge in Montana on Wednesday ordered the U.S. State Department to do a full environmental review of a revised route for the Keystone XL crude oil pipeline, a move that could delay the already decade-long TransCanada project. Continue reading
The Canadian Energy Research Institute predicts Canadian crude oil production will jump to 7.2 million barrels per day by 2038, aided by thirsty markets that will drive global oil prices above US$100 per barrel by 2030. Continue reading
On Thursday, the president claimed to an audience in Ohio that he never heard any gratitude from TransCanada Corp. Continue reading
Delayed oil pipeline construction is causing a steep discount for Canadian crude prices that is costing the economy roughly $15.6 billion a year, according to Scotiabank. Continue reading
While carbon taxes are getting the lion’s share of political and public attention, they’re having little negative effect — but a lack of pipeline capacity for getting product to market, on the other hand, has a significant impact, says a new report from the C.D. Howe Institute. Continue reading
Premier Rachel Notley says this move serves two roles – helping the project receive the commercial support needed to get in the ground, and getting Albertans fair value for the product. Continue reading
TransCanada says it has confirmed strong commercial support for its controversial Keystone XL pipeline. Continue reading
A Nebraska commission that approved a route for the Keystone XL pipeline through the state is declining requests to amend its decision. Continue reading
RBC Dominion Securities says production from the oilsands of northern Alberta is set to climb by nearly 620,000 barrels per day over the next four years to 3.3 million barrels per day in 2021 before levelling off. Continue reading
TransCanada Corp. said Tuesday it has started to engage with Nebraska landowners along the alternate route of its Keystone XL pipeline approved last week. Continue reading
