transcanada pipeline controversy

transcanada pipeline controversy

The fact that the USA consumes more oil than it produces has driven US foreign policy to seek and control oil in other countries. In a statement Thursday, the Alberta Premier said she was disappointed over TransCanada's decision to kill Energy East, which her government had actively supported as a "nation-building project.". TransCanada proposed a fourth phase for the pipeline as far back as 2008. The TransCanada Keystone XL Pipeline. “TC Energy better describes our complete business, which ... has grown steadily to become a C$110 billion enterprise with critical assets and dedicated employees across three countries,” Chief Executive Russ Girling said at the company’s annual general meeting. TransCanada has investments in five pipelines that link to its mainline system: Foothills Pipe Lines (Sask.) Nebraska regulators approve Keystone XL pipeline after years of controversy A sign for TransCanada’s Keystone pipeline facilities in Hardisty, Canada. Energy East is a proposed 4,600-kilometre pipeline by Calgary-based energy corporation TransCanada. However, Mr. Trudeau defended his government's approach to the energy industry, arguing TransCanada had made a "business decision" and noted his government has approved other pipeline projects to expand oil exports from Western Canada. Readers can also interact with The Globe on Facebook and Twitter . He called on Ms. Notley to halt the planned increase to Alberta's carbon tax to $30 a tonne from the current $20 a tonne, scheduled for Jan. 1. The new wrinkle was that the National Energy Board would conduct the review as part of its hearing process. Albertans should owe NOTHING to politicians in Quebec who cheer against our industries.". All quotes delayed a minimum of 15 minutes. Staunch opposition in Quebec sparked denunciations from Western Canadians over Quebeckers' perceived double-standards regarding domestic and imported oil. There is more confidence the once-moribund Keystone XL pipeline will receive final state approval after U.S. President Donald Trump okayed it. "We understand that [the decision] is driven by a broad range of factors that any responsible business must consider. The Keystone XL pipeline project is expected to create thousands of jobs for Americans. Controversies . That means: Comments that violate our community guidelines will be removed. SIRS. The Problem The Keystone XL pipeline passes through a portion of the Sand Hills region and the Ogallala Aquifer, which is a large and significant source of drinking water for the plains. TransCanada says 210,000 gallons of oil leaked from Keystone pipeline in South Dakota The company said the pipeline was shut down at 6 a.m. The US Congress … Trump’s presidential permit gives TransCanada, the Calgary-based firm behind the project, permission to “construct, connect, operate and maintain” the pipeline in U.S. territory. The Liberal government approved that project last November, but it is now being challenged in court by the British Columbia government, environmental groups and First Nations communities. "It was a Plan B.". "I don't think really anybody in Calgary thought Energy East was actually going to go ahead," he said. The XL project will provide a second route through the North-West of America from the Western Canadian Sedimentary Basin in … ), then the longest natural gas transportation line in the world, the TransCanada Pipeline was a significant milestone in the development of Alberta’s natural gas industry. And producers would be reluctant to commit to both projects, especially given shrinking growth prospects in the oil sands, AltaCorp Capital Inc. analyst Dirk Lever said. Both TransCanada, which is attempting to build the Coastal GasLink pipeline and Kinder Morgan, which was pushing the TransMountain pipeline, … If you are looking to give feedback on our new site, please send it along to, To view this site properly, enable cookies in your browser. TransCanada extended its “open season” to sign up shippers for long-term contracts to use the pipeline after the initial response was lackluster, according to an industry observer. The Company offers pipeline construction, distribution and transmission of power, oil, liquids, and natural gas. The new … But many Canadian oil companies have been struggling to compete on the international market since global oil prices plummeted in the fall of 2014 because they have higher costs of production. The cancellation of Energy East will intensify the debate over Kinder Morgan Inc.'s Trans Mountain expansion project, which would dramatically expand oil export capacity to the Pacific Rim markets. 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TransCanada Corp. has terminated its Energy East pipeline, triggering a $1 billion loss and bringing an end to an epic battle between politicians, big oil, Indigenous leaders and environmental groups. TransCanada Pipelines Limited constructs and operates energy infrastructure. Keystone XL controversies. Oil prices were roughly $90 (U.S.) a barrel when the company first broached its plan five years ago, while the drop in prices resulted in the industry lowering its forecast for oil sands production in 2030 by more than one-million barrels a day. TORONTO-- TransCanada, the company behind the controversial Keystone XL pipeline from Canada to the U.S Gulf Coast, has asked the U.S. State Department to pause its review of the project. Comparable earnings rose to C$987 million, or C$1.07 per share, from C$864 million, or 98 Canadian cents per share, a year earlier. A letter sent in August to the National Energy Board by Catherine Davis, TransCanada Pipelines Ltd. vice-president of natural gas pipelines law, calls Sawyer’s application “vexatious” and asks the board to decline to hear the application as the project is not functionally integrated with the federally regulated NCTL pipeline system. Welcome to The Globe and Mail’s comment community. The geo-political consequences of this shortfall has pitched the USA against Venezuela, Iran, Iraq and Libya and made it allies with repressive regimes in countries such as Saudi Arabia and Egypt. "For the West to continue on like this in our federal system is the equivalent of having Stockholm syndrome." This is a space where subscribers can engage with each other and Globe staff. TransCanada Corp.’s long-delayed Keystone XL is an $8 billion project to construct an oil pipeline that connects Alberta in Canada to the U.S.’s Gulf Coast refineries. September 2008 — TransCanada files paperwork to expand the existing Keystone pipeline with a new Keystone XL route. In 2017, TC Energy scrapped plans for the C$12 billion ($8.9 billion) cross-country Energy East project from Alberta to Canada’s Atlantic Coast because of mounting regulatory hurdles. Opponents say DOE's report shows the pipeline is not needed ... TransCanada is putting in hard work to counter the resistance encountered with the construction of the pipeline too. CALGARY, Alberta (Reuters) - Pipeline company TransCanada Corp said on Friday it has changed its name to TC Energy, to reflect the expansion of its business beyond Canada to the United States and Mexico. He blamed Prime Minister Justin Trudeau for the project's demise. However, Alberta conservatives say Ms. Notley's NDP government needs to be more assertive in its dealings with Ottawa and other provinces, particularly with regard to energy policy. Energy company TransCanada is attempting to build the Coastal GasLink, a 670km line stretching from Dawson Creek to the coastal city of Kitimat. In 2014, TransCanada filed a project application for the Energy East pipeline. TransCanada pulled out of its plan to build a pipeline to Eastern Canada because Ottawa stated the project would now have to undergo a complete greenhouse gas … As those matters have dragged on, TC Energy has now “lost the 2019 construction season” for work on Keystone XL’s U.S. portion, said executive vice-president Paul Miller. But Mr. Gallant said he believes TransCanada made the decision based on changes in global market conditions and the lower price of oil. TransCanada Corp. killed its controversial $15.7-billion Energy East pipeline proposal Thursday, provoking a bitter East-West battle over the Liberal government’s energy and environment policies. TC Energy still has extensive operations in Canada, including the Keystone pipeline, which transports 20 percent of western Canadian crude exports to U.S. refineries, and natural gas pipelines, which are part of one of the largest gas transmission systems in North America. It considers issues such as economic, environmental, health impacts, and impacts on foreign policy of a project. By Lisa Song, InsideClimate News A … Company profile page for TransCanada PipeLine USA Ltd including stock price, company news, press releases, executives, board members, and contact information Conservative Party deputy leader Lisa Raitt said the Liberals' approach to Canada's energy industry has been "disastrous," arguing it has resulted in the loss of thousands of jobs and billions of dollars in investment as a result of project cancellations. Girling said there were no plans to move the company’s headquarters out of Calgary. Nebraska regulators have approved an alternative route for the disputed TransCanada Keystone XL pipeline. It also operates power plants and gas storage facilities. Feb. 27, 2012 TransCanada announces plans to proceed with second leg of the pipeline from Cushing, Okla., to the Gulf Coast. This is known as the Keystone XL project and it is Keystone XL that is causing controversy. The details behind the pipeline. The vulnerability of the US to the intentional actions of foreign governments, … TransCanada, determined to push ahead with the larger pipeline project, touted the thousands of jobs created by the construction of the Gulf Coast portion, and … TC has not made a final investment decision to proceed with the project. Jeffrey Jones: On Energy East pipeline, best-laid backup plan goes awry, Opinion: Basic economics – not regulation – killed the Energy East pipeline. Keystone XL is a 1,179-mile pipeline which would transport around 830,000 barrels of oil a day from the tar sands in Alberta, Canada, to Nebraska, eventually heading to refineries on the Gulf coast. Fossil Fuels TransCanada: No More Than 6,000 Pipeline Workers on the Job ‘on Any Given Day’ How many jobs Keystone XL might create depends on what you call a job. TransCanada says their proposed pipeline could free the U.S. of Middle Eastern oil imports. The company behind the project, TransCanada, submitted its proposal before the US Federal Government, because the said pipeline crosses the international boundary that the US shares with Canada, making US approval mandatory. America needs oil to drive its economy. TransCanada's Keystone XL Pipeline: Unfinished Business is a Harvard Business (HBR) Case Study on Strategy & Execution , ... strategically compelling venture but now wondered whether they had missed the indications and opportunities to avoid controversy. Controversy TransCanada Corporation was founded in 1951 in Calgary, Alberta, Canada. As well, TransCanada saw a revival of its Keystone XL pipeline, which would carry 830,000 barrels a day of crude from Alberta to the U.S. Gulf Coast, and is seen as something of a competitor to the Energy East project. New twist in Keystone controversy: Pipeline owner TransCanada asks for a delay Opponents of the Keystone XL pipeline built this barn in the pipeline’s path near Bradshaw, Neb. This project was in the center of an extensive controversy that took place in 2013-14 when the project was highly criticized by Native Americans, environmentalists, and white ranchers. If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. The C$6.2bn (US$4.6bn) project is … Fourth phase for the disputed TransCanada Keystone XL pipeline may no longer current. And control oil in other countries outcome for Canadians, '' Ms. Raitt said by a broad range of that... 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