TransCanada Appoints New Independent Director

TransCanada Corporation announced yesterday the appointment of a new independent director, Randy Limbacher, effective June 13, 2018. Since 2017, Mr. Limbacher has been the chief executive officer of Meridian Energy LLC, a Houston-based energy advisory firm. From 2013 to 2017, Mr. Limbacher was the vice-chairman, president and chief executive officer of Samson Resources Corporation. He […]

Update on Trans Mountain expansion project permitting process

In total, 1,191 provincial permits are required for the Trans Mountain expansion project, with many involving First Nations consultation. To date: 756 permit applications have been submitted to permitting agencies. Of these, 220 have been approved and permits issued. The remaining 536 submitted permit applications are being reviewed. Another 435 permits have yet to be […]

Trans Mountain Pipeline System and Expansion Project to Be Sold for C$4.5 Billion

Kinder Morgan, Inc. (NYSE: KMI) today announced that the Kinder Morgan Canada Limited (TSX: KML) board of directors has agreed to the purchase of the Trans Mountain Pipeline system and the expansion project (TMEP) by the Government of Canada for C$4.5 billion, and has agreed to work with the Government of Canada to seek a […]