Kinder Morgan announces halt to Trans Mountain Pipeline expansion in Canada

Yesterday, in response to widespread opposition from Indigenous leaders, environmental groups, and British Columbia government and residents, Houston, Texas-based Kinder Morgan announced the company is suspending all non-essential spending on construction of its Trans Mountain Pipeline expansion project until May 31. In the announcement, the company cited not wanting to continue to put shareholder money at risk as a key factor […]

TransCanada Announces 2018-2019 Revenue Requirement Settlement with NGTL System Shippers

TransCanada Corporation (TransCanada) announced today that its wholly-owned subsidiary, NOVA Gas Transmission Ltd. (NGTL), has filed an application with the National Energy Board for approval of a negotiated settlement with its customers and other interested parties on the annual costs required to operate the NGTL System for 2018 and 2019. “This settlement is the product […]

New framework for natural gas development puts focus on economic and climate targets

As part of a new approach to natural gas development, the British Columbia government is overhauling the policy framework for future projects, while ensuring those projects adhere to B.C.’s climate targets, Premier John Horgan announced today. “Our new approach welcomes investment that puts our province’s people and future first, and rejects the old ways of […]