TransCanada Announces $2.4 billion expansion to increase market access for WCSB supply

TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today that it will move forward with a $2.4 billion expansion of its NGTL System to connect incremental supply and expand basin export capacity by one billion cubic feet of natural gas per day (Bcf/d) at the interconnection with its Canadian Mainline. NGTL recently completed an open season for existing […]

Additional measures being developed to protect B.C.’s environment from spills

The provincial government is proposing a second phase of regulations to improve preparedness, response and recovery from potential spills. The first phase of the regulations, approved in October 2017, established a standard of preparedness, response and recovery necessary to protect B.C.’s environment. With some exceptions for B.C. oil and gas regulated entities, the Phase-1 regulations […]

British Columbia restrictions on new tar sands shipments a warning signal to Kinder Morgan pipeline investors

Today, British Columbia’s Minister of the Environment and Climate Change Strategy George Heyman announced restrictions on any increase in shipments of heavy oil — including tar sands crude — by pipeline or rail through B.C. while a scientific panel appointed by the province conducts a review of the scientific uncertainties around tar sands oil spill […]