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Crude Landlocked as Canadians Join U.S. to Halt Pipelines

2013-05-23 18:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: British Columbia, the Canadian province whose official slogan to its own beauty is Super, Natural, is invoking another saying: No more supertankers. Thats potentially big trouble in a nation where oil exports amount to $73 billion annually and the industry employs more than 550,000 workers. Its also a bad omen for nations, notably China, that have invested billions in Canadian oil projects with expectations that they will one day be able to buy vast quantities of heavy Canadian crude. To...

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TC Pipelines Closes Offering Of Common Units

2013-05-23 15:40:00| OGI

With the close of the equity offering, TransCanada's ownership of the partnership is now 28.9%.

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Forget pipelines - Canada must prepare for a post-carbon world

2013-05-19 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Globe and Mail: The expansion of oil-sands operations and various pipeline proposals to get bitumen to market have incraseingly been topics of conversation in Canada, from debates in the House of Commons to discussions around the dinner table. Much of the discussion has focused around tangible things that we can see devastation of the Alberta landscape from surface mining operations, pollution of downstream rivers, the threat of pipeline spills, and the danger of accidents involving supertankers along the British...

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TransCanada to divest stake in GTN and Bison pipelines for $1bn

2013-05-17 01:00:00| Hydrocarbons Technology

TransCanada has signed an agreement with TC PipeLines to sell a 45% interest in both the Gas Transmission North-West (GTN) pipeline and the Bison Pipeline for $1.05bn.

Tags: stake pipelines bison divest