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TransCanada says more layoffs coming amid oil downturn
2015-09-24 19:23:21| Energy - Topix.net
The company had already announced cuts to 185 jobs in its major projects department, most of them in Calgary, in June. Spokesman James Millar says the oil downturn has had a profound impact on the company's customers, so it must do whatever it can to reduce costs.
TransCanada warns layoffs coming as oil downturn squeezes customers
2015-09-24 18:41:13| Oil & Gas - Topix.net
Spokesman James Millar says the oil downturn has had a profound impact on the company's customers, so it must do whatever it can to reduce costs. Millar says about a fifth of senior leadership positions are expected to be cut when layoffs and retirements are taken into account and it's not clear yet how many jobs below that level may be eliminated.
Tags: coming
customers
oil
warns
Even TransCanada bond hit by oil slump
2015-09-17 02:59:24| Oil & Gas - Topix.net
Investor aversion to the slumping energy industry is so strong that even some debt of TransCanada Pipelines Ltd., the highest-rated Canadian pipeline business, is being shunned. A TransCanada investment-grade bond is trading with an 18-per-cent yield to call that's in line with companies rated in the lowest portion of junk, which usually signals that credit raters are expecting a default.
Crews battle TransCanada pipeline fire southeast of Emerson
2015-09-06 19:58:01| Energy - Topix.net
Jeff French, the fire chief in Emerson, Man., took photos of this fire burning at a TransCanada natural gas pipeline station in Kittson County, Minn. TransCanada was forced to shut down one of its natural gas pipelines Saturday night after a massive fire about 50 km southeast of Emerson, Man.
Tags: fire
battle
southeast
pipeline
Crews battle TransCanada pipeline fire southeast of Emerson
2015-09-06 19:15:42| Oil & Gas - Topix.net
Jeff French, the fire chief in Emerson, Man., took photos of this fire burning at a TransCanada natural gas pipeline station in Kittson County, Minn. TransCanada was forced to shut down one of its natural gas pipelines Saturday night after a massive fire about 50 km southeast of Emerson, Man.
Tags: fire
battle
southeast
pipeline
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