TransCanada invests $2 billion to expand NGTL System capacity

TransCanada Corporation announced June 14, 2017 that it will move forward with a new $2 billion expansion program on its NOVA Gas Transmission Ltd. (NGTL) System, based on new contracted customer demand for approximately 3 billion cubic feet per day (Bcf/d) of incremental firm receipt and delivery services. “Between now and 2021, TransCanada is investing approximately […]

Cenovus plans to grow free funds flow 14% a year through 2021

Company targets $4 billion to $5 billion in asset sale agreements by year end Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) today put forward a five-year plan that the company expects will generate 14% annualized free funds flow growth through 2021 at a West Texas Intermediate (WTI) price of US$55 per barrel (bbl) while increasing production at […]

Let’s take up the challenge of carbon capture

By Joseph Maloney A combination of science, courageous business people, and the incredible skills of the members I am proud to represent has given us the opportunity to significantly reduce our carbon footprint while providing employment security for tens of thousands of Canadians. The business people are making carbon-capture technology an integral part of a […]