TransCanada moving ahead on Keystone XL line

TransCanada pushes forward with Keystone XL pipeline

"We thank President Donald Trump and his administration for their continued support and appreciate the ongoing efforts of Nebraska Governor Pete Ricketts, the Nebraska legislative and congressional delegation, Omaha Federation of Labor, Nebraska State AFL-CIO, our customers and various stakeholders to advance this project", said Russ Girling, TransCanada's president and CEO.

The Alberta government stepped in to commit 50,000 barrels a day for the project from some of the royalty payments the province accepts as barrels of oil, with Notley spokesperson Cheryl Oates saying it will help the industry. That decision has been challenged in federal court by environmentalists and landowners.

Pipeline opponents, meanwhile, said the commitments to the project so far are "shockingly weak" and an indication the pipeline lacks support from the Canadian oilpatch.

Meanwhile, in Montana, the pipeline already faces a legal challenge by environmental groups, who assert the project can not be granted a permit without an update of its five-year-old Environmental Impact Statement. A decision on that question, expected in December, was delayed.

She said that the company is seeking the necessary permits for water crossings.

The company has time because heavy construction isn't slated to begin until 2019. Terry Cunha, with TransCanada, has said previously there is no change planned to the pipeline's 284-mile route across eastern Montana to South Dakota.

Bob Skinner, an executive fellow at the University of Calgary's School of Public Policy, said Alberta's commitment of barrels to Keystone XL likely enhanced confidence among other shippers but he doubted it was a tipping point for the project.

The Keystone XL was first proposed almost a decade ago, and was originally scuttled by then-President Barack Obama in 2015.

Four US, Canadian captives freed in Nigeria
Sierra Leone's deputy high commissioner was taken at gunpoint on the highway in 2016 and held for five days before he was let go. Nigeria's Kaduna state police command says two Americans and two Canadians kidnapped by gunmen on Tuesday have been released.

Rogers said the construction of the pipeline would be especially good news for western Canada oil producers, who have struggled to obtain affordable transport for their oil to refineries.

But Patrick DeRochie of Toronto-based Environmental Defence, which opposes the pipeline, said that pipelines don't generally move forward until they get at least a commitment of 80 percent of a pipeline's capacity.

TransCanada (TSE:TRP) traded down C$0.02 during mid-day trading on Thursday, reaching C$59.82.

TransCanada officials have said the XL pipeline would generate tens of millions of dollars in local tax revenue.

"The government needs to ditch the prehistoric energy positions and start getting Alberta back on track by investing in technologies and energies of the future, not the past", said Greenpeace campaigner Mike Hudema in a statement. "The government's commitment is expected to result in this pipeline being built", Ms. Oates said in an e-mail to the Globe and Mail.

The Keystone XL is created to carry crude oil from the tar sands mines of northern Alberta to the U.S. Gulf Coast, where refineries are set up to handle the thick tar sand oil.

Last March, the U.S. State Department approved the project in a reversal of its decision two years ago.

Related News:

  • FLU SEASON may be peaking

    FLU SEASON may be peaking

    According to the state Department for Public Health, state-wide, two children have died in the past few weeks. Because some drugstores may have a limited supply, however, it's best to call ahead to confirm availability.
    Vetr Downgrades Tesla (TSLA) to Hold

    Vetr Downgrades Tesla (TSLA) to Hold

    This simple numeric scale reads 1 to 5, and it changes brokerage firm Strong Sell recommendations into an average broker rating. Next Century Growth Investors Limited Liability Co reported 0.03% of its portfolio in Tesla, Inc . (NASDAQ:TSLA).
    Australian Open 2018 Results: Winners, Scores, Stats from Saturday's Singles

    Australian Open 2018 Results: Winners, Scores, Stats from Saturday's Singles

    Sharapova, for her part, made too many errors, 26 in the 91 points played. "I am always happy if I'm not the drama", Keys said. She dropped not a match at the Hopman Cup in Perth, and went on to win the Sydney title over some considerable opposition.
  • EU Withdrawal bill passes by 29 votes in victory for Theresa May

    EU Withdrawal bill passes by 29 votes in victory for Theresa May

    The withdrawal bill attracted more than 500 amendments which were discussed during more than 80 hours of debate in the chamber. He said opposition benches try to make changes to the bill had been "talking to a brick wall".
    Rajasthan theatre owners clueless about 'Padmaavat' release

    Rajasthan theatre owners clueless about 'Padmaavat' release

    However, after Padmaavat being cleared for all India release, the makers of PadMan have bowed down and pushed their film to Feb 9. Ranveer Singh tweeted, "Big Man with a Big Heart!" The movie will now have a box office clash with Neeraj Pandey's Aiyaary .
    Impact of possible federal shutdown on Oregon unclear

    Impact of possible federal shutdown on Oregon unclear

    But 87 percent of IRS workers would be furloughed in a government shutdown, according to the National Treasury Employees Union. After all, the last shutdown showed that the American people do not think much of a Congress that can not do its job .
  • British investor and Zimbabwean opposition leader die in Huey UH-1 crash

    British investor and Zimbabwean opposition leader die in Huey UH-1 crash

    Burnett bought it in February 2017, said Sam Middleton, a real estate broker in Lubbock, Texas, who helped with the purchase. Mr Burnett, who was born in England but based in Houston, broke the land speed record for a steam powered vehicle in 2009.
    China accuses USA  of violating maritime border in South China sea incident

    China accuses USA of violating maritime border in South China sea incident

    The USS Hopper sailed within 12 nautical miles (22 kilometers) of Huangyan Island, also known at Scarborough Shoal, on January 17. She said such operations are 'not about any one country, nor are they about making political statements'.
    Twitter starts notifying users who followed Russian propaganda accounts

    Twitter starts notifying users who followed Russian propaganda accounts

    Twitter says it's now uncovered more accounts and new information on the wide-reaching Russian cyberintelligence campaign. The 175,993 tweets from those accounts were spread far and wide by the network of automated tweeters supporting them.
  • Recent Investment Analysts' Ratings Changes for Fiat Chrysler Automobiles (F)

    Recent Investment Analysts' Ratings Changes for Fiat Chrysler Automobiles (F)

    By comparison, Jeep shipments in 2016, the most recent full year for which figures are available, were 1.42 million vehicles. With 42,800 avg volume, 4 days are for MITIE GROUP PLC (OTCMKTS:MITFF)'s short sellers to cover MITFF's short positions.
    How To Get Rid Of Instagram's Creepy New 'Active' Status Feature

    How To Get Rid Of Instagram's Creepy New 'Active' Status Feature

    To say it more simply, all followers and friends of users will be able to check the last time the user was active on Instagram . Do note , however, that the Activity Status is a two-way street - you'll need to share in order to see.
    Maria Sharapova given lesson by Angelique Kerber

    Maria Sharapova given lesson by Angelique Kerber

    Halep has been travelling under the radar somewhat at Melbourne Park as she works her way towards a maiden Grand Slam title. The Kerber-Sharapova match, billed as the showdown of the round, was over quickly.


Most liked

Bull's Dunn Goes Face-First Into Floor After Dunk
It all went down when down when Dunn went up for a slam dunk, but didn't quite stick the landing, as reported by The Daily Mail . However, Kris seemingly lost his balance off the rim after the dunk, and he fell face-first into the floor of the United Center.

Australia vs England, 3rd ODI - Match Predictions
However, the decision to go into the match without a recognized spinner proved costly on a pitch that helped the slow bowlers. It had not improved by the end of the night, which in Ashes presentation terms showed two fingers raised for England .

Pool Of 'Clean' Russian Athletes Announced For Pyeongchang
The proposals from North and South Korea had to be approved by the IOC and Pyeongchang committee before they could go ahead. They will be selected by the head coach from South Korea and must include three North Korean players for each game.

Trump appointee drops out after sexist, homophobic and racist rant emerges
They're just bad people.' Well, yeah, most Muslims believe that to have sex with men is okay, which I don't like it all... Among saying things like he doesn't like Muslims, blatantly saying, "I don't like gay people".

Who Bears the Blame for a Government Shutdown?
As of 12:20 p.m., The House has voted to remain in session, while a Senate vote to avert a government shutdown looms. White House Budget Director Mick Mulvaney said his office is preparing for the "Schumer shutdown", referencing Sen.

Kim Kardashian And Kanye West Welcomed A Baby Girl
The reality TV star was present when the surrogate was in labor and when the baby girl was born. The couple have two children- son Saint , 21 months, and four-year-old daughter North .

Gerrymandering Goes to the High Court
The panel of judges deciding the case, which included a Barack Obama appointee, a Jimmy Carter appointee and a George W. The GOP domination's of the congressional delegation belies North Carolina's recent history as a battleground state .

U.S. vice-president Mike Pence touches down in Shannon Airport
Vice President Mike Pence went ahead with his delayed trip to the Middle East on Friday, despite the looming government shutdown. "It is a matter of years and not weeks or months", he said. "We'd like to see our people come home".

Lancashire Police makes use of Amazon Alexa to ship updates
Previously, Alexa was available only on certain phones such as the HTC U11 and the Huawei Mate 9 as a pre-loaded service. We should start seeing Alexa on select Windows 10 PCs from Acer, HP and Lenovo in Q1 2018, exclusively in the US.

No evaluation of black cab rapist's jail launch
At the very least his victims and Londoners need the Parole Board's decision to be properly scrutinised by the courts. After taking legal advice, Gauke decided it would be inappropriate to proceed with a judicial review.

'Super Blue Blood Moon' Coming Wednesday, January 31 To Complete Lunar Trifecta
The upcoming event is a rare combination of Super Moon, Blue Moon and a Blood Moon which results in a " Super Blue Blood Moon ". A lunar eclipse , on the other hand, happens when the Earth gets in the way of sunlight and stops it hitting the moon at all.

Macron and May sign treaty to deal with migrants in Calais
May told reporters after the meeting that Britain will be a partner and friend of France , even after leaving the European Union . The British government is reported to be paying around $60 million for enhance border controls on French soil.

CJI Deepak Misra to hear PIL on CBI judge BH Loya's death
The Bench did not heed and terming it a "serious" matter, directed the Maharashtra Government to produce all records. The four judges claimed that other politically sensitive cases too are being assigned to a particular bench.

India's Modi heads to Davos to woo more foreign investors
There will also be a bilateral engagement with the President of Switzerland, and occasions for other pulls asides as needed. Among those attending the dinner will be the heads of Airbus group, Hitachi group, BAE Systems, IBM, and the Carlyle group.

India's ICBM 'AGNI-V' To Undergo Another Pre-Induction Test This Year
The Agni-V was launched from Wheeler Island off India's east coast and hit its target area off the coast of Indonesia about 20 minutes later.