___ March 2008 — The U.S. State Department issues a presidential permit for a $5.2 billion Keystone pipeline to transport crude oil. TransCanada has investments in five pipelines that link to its mainline system: Foothills Pipe Lines (Sask.) The company behind the project, TransCanada, submitted its proposal before the US Federal Government, because the said pipeline crosses the international boundary that the US shares with Canada, making US approval mandatory. TransCanada Corp., a Calgary-based energy infrastructure firm, hopes to extend a 36-inch-wide pipeline 1,179 miles from Alberta, Canada, to Steele City, Neb. 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The operations maps depict where our assets serve your communities. Oil prices were roughly $90 (U.S.) a barrel when the company first broached its plan five years ago, while the drop in prices resulted in the industry lowering its forecast for oil sands production in 2030 by more than one-million barrels a day. Trump’s presidential permit gives TransCanada, the Calgary-based firm behind the project, permission to “construct, connect, operate and maintain” the pipeline in U.S. territory. TransCanada's Keystone XL Pipeline: Unfinished Business is a Harvard Business (HBR) Case Study on Strategy & Execution , ... strategically compelling venture but now wondered whether they had missed the indications and opportunities to avoid controversy. TransCanada proposed a fourth phase for the pipeline as far back as 2008. All quotes delayed a minimum of 15 minutes. In January 2012, President Barack Obama rejected the application amid protests about the pipeline's impact on Nebraska's environmentally sensitive Sandhills region. This project was in the center of an extensive controversy that took place in 2013-14 when the project was highly criticized by Native Americans, environmentalists, and white ranchers. The company has been working for more than a decade to build the controversy-ridden 830,000 barrel per day (bpd) Keystone XL pipeline, which would boost export capacity from the oil-rich province of Alberta to U.S. refineries. Many indigenous people see the 620 miles (1,000km) of new pipeline as a threat to their lands, echoing concerns raised by Native Americans about the Keystone XL project in the US. ... TransCanada is putting in hard work to counter the resistance encountered with the construction of the pipeline too. Energy company TransCanada is attempting to build the Coastal GasLink, a 670km line stretching from Dawson Creek to the coastal city of Kitimat. Welcome to The Globe and Mail’s comment community. On Thursday, Mr. Kenney said Albertans are frustrated that they contribute an outsized share to the federal tax revenues but are met with ambivalence, or worse, when trying to sell more Canadian oil domestically and abroad. Despite the political fireworks, many industry analysts were anticipating the Energy East cancellation. TransCanada telegraphed its Energy East decision last month when it asked the National Energy Board to halt its regulatory hearings so that the company could review the board's recently announced plan to assess the full range of climate-change-related impacts that would result from the pipeline approval. Opponents say DOE's report shows the pipeline is not needed America needs oil to drive its economy. According to TransCanada spokesperson Tim Duboyce, the company has made roughly 700 changes to the proposed pipeline route since it was first announced in 2013. September 2008 — TransCanada files paperwork to expand the existing Keystone pipeline with a new Keystone XL route. However, it has been torn apart by critics over its harmful environmental effects, which they believe far outweigh any benefits to the economy. TransCanada Corp. killed its controversial $15.7-billion Energy East pipeline proposal Thursday, provoking a bitter regional battle over the Liberal government's energy and environment policies. If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Nebraska regulators have approved an alternative route for the disputed TransCanada Keystone XL pipeline. Pipeline company TransCanada Corp said on Friday it has changed its name to TC Energy, to reflect the expansion of its business beyond Canada to the United States and Mexico. But he said the government will not get involved in a "race to the bottom" by matching environmental policies of Venezuela or Saudi Arabia. Energy East is a proposed 4,600-kilometre pipeline by Calgary-based energy corporation TransCanada. Notable events in the dispute over the Keystone XL oil pipeline, which is slated to run from Canada to U.S. refineries in the Gulf Coast. TransCanada Corp. killed its controversial $15.7-billion Energy East pipeline proposal Thursday, provoking a bitter regional battle over the Liberal government's energy … TransCanada's dividends also look to be a strong draw going forward. Avoid the use of toxic and offensive language. A letter sent in August to the National Energy Board by Catherine Davis, TransCanada Pipelines Ltd. vice-president of natural gas pipelines law, calls Sawyer’s application “vexatious” and asks the board to decline to hear the application as the project is not functionally integrated with the federally regulated NCTL pipeline system. Both TransCanada, which is attempting to build the Coastal GasLink pipeline and Kinder Morgan, which was pushing the TransMountain pipeline, … TC Energy Corporation (formerly TransCanada Corporation) is a natural gas, oil and power-generation company headquartered in Calgary, Alberta.TC Energy owns more than 92,600 km of natural gas pipeline in North America and transports more than 25 per cent of the gas consumed on the continent. TransCanada Corp.’s long-delayed Keystone XL is an $8 billion project to construct an oil pipeline that connects Alberta in Canada to the U.S.’s Gulf Coast refineries. Both Mr. Jean and Jason Kenney, another candidate in the UCP leadership race that culminates on Oct. 28, have called for an Alberta referendum on the federal equalization program. ), then the longest natural gas transportation line in the world, the TransCanada Pipeline was a significant milestone in the development of Alberta’s natural gas industry. TransCanada proposed a fourth phase for the pipeline as far back as 2008. The northern leg of TransCanada's Keystone XL pipeline may be mired in controversy, but the southern portion of the project is almost complete, company officials said Friday. Since it was unveiled four years ago, Energy East has been a lightning rod for regional tensions. They say this could be used as legal leverage for bargaining for a new formula with Ottawa. CALGARY, Alberta (Reuters) - Pipeline company TransCanada Corp said on Friday it has changed its name to TC Energy, to reflect the expansion of its business beyond Canada to the United States and Mexico. TransCanada pipeline news. Thank you for your patience. Natural Resources Minister Jim Carr said Ottawa supports the Canadian industry's effort to diversify its export markets, including the Trans Mountain project. This article was published more than 3 years ago. Notable events in the dispute over the Keystone XL oil pipeline, which is slated to run from Canada to U.S. refineries in the Gulf Coast. In Alberta, TransCanada's decision has increased pressure on NDP Premier Rachel Notley, who has been a key ally of Mr. Trudeau in the national plan to impose a price on carbon dioxide emissions. In a terse statement, TransCanada said it reviewed "changed circumstances" and will pull the plug on the pipeline, which was designed to carry 1.1-million barrels a day of Western crude to Eastern refineries and export terminals. The company reported a first quarter profit on Friday, beating analysts’ estimates as it earned more by phasing into service the Columbia Gas pipeline and one of its Columbia Gulf growth projects in the United States, as well as moving more volumes on Keystone. © Copyright 2020 The Globe and Mail Inc. All rights reserved. The Controversy. If you are looking to give feedback on our new site, please send it along to, To view this site properly, enable cookies in your browser. Learn more about our natural gas, oil & liquids, and power projects and assets, including pipelines and storage. See here for a complete list of exchanges and delays. TransCanada has been searching for shippers to sign on as customers for its other major project, the Keystone XL pipeline that would link Alberta's oilsands producers to refineries on the gulf coast of Texas. The vulnerability of the US to the intentional actions of foreign governments, … TransCanada's (TRP) Keystone XL pipeline faces a fresh controversy again, as rerouting of the pipeline subjects it to new legal investigation. This is a space where subscribers can engage with each other and Globe staff. TransCanada pulled out of its plan to build a pipeline to Eastern Canada because Ottawa stated the project would now have to undergo a complete greenhouse gas … This is known as the Keystone XL project and it is Keystone XL that is causing controversy. There is more confidence the once-moribund Keystone XL pipeline will receive final state approval after U.S. President Donald Trump okayed it. We hope to have this fixed soon. An oil spill to this area could cause major environmental problems. The new … Controversies . We aim to create a safe and valuable space for discussion and debate. TORONTO-- TransCanada, the company behind the controversial Keystone XL pipeline from Canada to the U.S Gulf Coast, has asked the U.S. State Department to pause its review of the project. But Mr. Gallant said he believes TransCanada made the decision based on changes in global market conditions and the lower price of oil. TransCanada says their proposed pipeline could free the U.S. of Middle Eastern oil imports. Albertans should owe NOTHING to politicians in Quebec who cheer against our industries.". The company would not elaborate Thursday on why it decided not to proceed with Energy East. Feb. 27, 2012 TransCanada announces plans to proceed with second leg of the pipeline from Cushing, Okla., to the Gulf Coast. The Keystone XL proposal faces criticism from environmentalists and a minority of the members of the United States Congress. The Western Canadian industry faces the prospect of slower growth in the oil sands as a result of lower oil prices and decisions of major international oil companies to cancel investment plans. Non-subscribers can read and sort comments but will not be able to engage with them in any way. TransCanada says 210,000 gallons of oil leaked from Keystone pipeline in South Dakota The company said the pipeline was shut down at 6 a.m. However, Ms. Notley is also a staunch advocate of the oil industry's effort to diversify its export markets beyond the United States. The XL project will provide a second route through the North-West of America from the Western Canadian Sedimentary Basin in … “We will not make any major capital commitments until we have a clear path to construction,” Miller said. Controversy TransCanada Corporation was founded in 1951 in Calgary, Alberta, Canada. Nebraska regulators approve Keystone XL pipeline after years of controversy A sign for TransCanada’s Keystone pipeline facilities in Hardisty, Canada. But many Canadian oil companies have been struggling to compete on the international market since global oil prices plummeted in the fall of 2014 because they have higher costs of production. The cancellation of Energy East will intensify the debate over Kinder Morgan Inc.'s Trans Mountain expansion project, which would dramatically expand oil export capacity to the Pacific Rim markets. Jeffrey Jones: On Energy East pipeline, best-laid backup plan goes awry, Opinion: Basic economics – not regulation – killed the Energy East pipeline. By Lisa Song, InsideClimate News A … Pipeline company TransCanada Corp said on Friday it has changed its name to TC Energy, to reflect the expansion of its business beyond Canada to the United States and Mexico. The Keystone XL pipeline project is expected to create thousands of jobs for Americans. Welcome to The Globe and Mail’s comment community. Nonetheless, this is an unfortunate outcome for Canadians," Ms. Notley said. ___ March 2008 — The U.S. State Department issues a presidential permit for a $5.2 billion Keystone pipeline to transport crude oil. In 2014, TransCanada filed a project application for the Energy East pipeline. TC Energy still has extensive operations in Canada, including the Keystone pipeline, which transports 20 percent of western Canadian crude exports to U.S. refineries, and natural gas pipelines, which are part of one of the largest gas transmission systems in North America. The fact that the USA consumes more oil than it produces has driven US foreign policy to seek and control oil in other countries. Keystone XL controversies. Our Standards: The Thomson Reuters Trust Principles. Fossil Fuels TransCanada: No More Than 6,000 Pipeline Workers on the Job ‘on Any Given Day’ How many jobs Keystone XL might create depends on what you call a job. SIRS. TransCanada says their proposed pipeline could free the U.S. of Middle Eastern oil imports. TC Energy announces two expansion projects Thursday, 13 February 2020 12:30 The company has announced the approval of CAN$1.3 billion of system expansions to connect the Western Canadian Sedimentary Basin supply to incremental market demand. The geo-political consequences of this shortfall has pitched the USA against Venezuela, Iran, Iraq and Libya and made it allies with repressive regimes in countries such as Saudi Arabia and Egypt. The Trans Mountain Pipeline System, or simply the Trans Mountain Pipeline, is a pipeline that carries crude and refined oil from Alberta to the coast of British Columbia, Canada. Revenue rose to C$3.49 billion from C$3.42 billion. However, Alberta conservatives say Ms. Notley's NDP government needs to be more assertive in its dealings with Ottawa and other provinces, particularly with regard to energy policy. New twist in Keystone controversy: Pipeline owner TransCanada asks for a delay Opponents of the Keystone XL pipeline built this barn in the pipeline’s path near Bradshaw, Neb. The Department of State of the US Federal Government is entrusted with examining the project before deciding on its approval. Some information in it may no longer be current. Staunch opposition in Quebec sparked denunciations from Western Canadians over Quebeckers' perceived double-standards regarding domestic and imported oil. TransCanada Corp. killed its controversial $15.7-billion Energy East pipeline proposal Thursday, provoking a bitter East-West battle over the Liberal government’s energy and environment policies. However, Mr. Trudeau defended his government's approach to the energy industry, arguing TransCanada had made a "business decision" and noted his government has approved other pipeline projects to expand oil exports from Western Canada. Mr. Trudeau "forced Canadian oil companies to comply with standards that are not required for foreign companies," Ms. Raitt said. TC’s shares ended down 1.2 percent in Toronto at C$62.63. TransCanada Inc. has applied for the construction of approximately 1,711 miles of 36-inch-diameter pipeline with 30 pump stations, and 112 mainline valves connecting Hardisty, Alberta to Cushing, Oklahoma to Houston, Texas thereby creating 700,000 STB/d of additional pipeline capacity. UCP leadership candidate Brian Jean tweeted "equalization is broken. Concern is growing that new legislation won't protect landowners outside the Sandhills, who may be impacted by a rerouted pipeline. Known as the Great Pipeline Debate, this parliamentary episode contributed to the government's defeat at the polls in 1957, ending many years of Liberal rule, and bringing in a government under Prime Minister John Diefenbaker. Click here to subscribe. The Premier said the government needs to provide greater certainty regarding the regulatory review process, which the Liberal government is working to update. The Problem The Keystone XL pipeline passes through a portion of the Sand Hills region and the Ogallala Aquifer, which is a large and significant source of drinking water for the plains. The pipeline feud comes as … Comparable earnings rose to C$987 million, or C$1.07 per share, from C$864 million, or 98 Canadian cents per share, a year earlier. The XL project will provide a second route through the North-West of America from the Western Canadian Sedimentary Basin in Alberta, Canada. The company operates 91,500 km of natural gas pipelines while owning 653 billion ft3 of natural gas storage facilities. The Keystone XL Pipeline is a multinational project headed by TransCanada, with the goal of creating a direct route from the Alberta Tar Sands to the Gulf of Mexico. And producers would be reluctant to commit to both projects, especially given shrinking growth prospects in the oil sands, AltaCorp Capital Inc. analyst Dirk Lever said. Controversy over the Trans Mountain expansion project has proven one of the defining issues of Justin Trudeau's Liberal government. Keystone XL has been at the centre of the controversy. Girling said there were no plans to move the company’s headquarters out of Calgary. TransCanada’s Keystone pipeline system is considered one of the most extensively planned oil pipeline projects in North America. "I don't think really anybody in Calgary thought Energy East was actually going to go ahead," he said. The C$6.2bn (US$4.6bn) project is … Mr. Carr said the Liberal government had made it clear when it took office nearly two years ago that it would assess pipelines and other major resources projects for their climate-change impacts, and had done so for Trans Mountain and Enbridge Inc.'s Line 3. TransCanada President and CEO Russ Girling announces the new Energy East Pipeline during a news conference in Calgary, in this August 1, 2013 file photo. Ltd. (44%) and Trans Quebec & Maritimes Pipeline (50%), in Canada, and Great Lakes Gas Transmission System (50%), Northern Border Pipeline Company (30%) and Iroquois Gas Transmission System (29%) in the United States. Calgary-based TC Energy has been struggling to make progress in building new oil export pipelines out of western Canada. By virtue of its length alone, 3,692 km (2,295 mi. Energy company TransCanada is attempting to build the Coastal GasLink, a 670km line stretching from Dawson Creek to the coastal city of Kitimat. In 2017, TC Energy scrapped plans for the C$12 billion ($8.9 billion) cross-country Energy East project from Alberta to Canada’s Atlantic Coast because of mounting regulatory hurdles. He called on Ms. Notley to halt the planned increase to Alberta's carbon tax to $30 a tonne from the current $20 a tonne, scheduled for Jan. 1. The bill was passed and construction of the TransCanada pipeline began. TC Energy said earnings from its U.S. natural gas pipelines rose 22 percent to C$792 million. A pipeline to Eastern Canada was abandoned by its proponents, and Mr. Trudeau did not approve a new pipeline that would have run through Northern … Keystone XL faces hurdles in the United States, including a pending Nebraska Supreme Court decision related to the pipeline’s route and a lawsuit by two Native American communities in Montana. Conservative Party deputy leader Lisa Raitt said the Liberals' approach to Canada's energy industry has been "disastrous," arguing it has resulted in the loss of thousands of jobs and billions of dollars in investment as a result of project cancellations. Opponents say DOE's report shows the pipeline is not needed Controversy over Meaning and … The use of closure created a Parliamentary scandal. Ms. Raitt echoed complaints in Alberta that Ottawa's climate-change policies have created burdens on Western crude producers while refineries in Quebec and New Brunswick import oil from countries such as Venezuela and Saudi Arabia – countries that are not imposing greenhouse gas regulations. Read our, Follow Shawn McCarthy, Kelly Cryderman and Jeff Lewis on Twitter, I'm a print subscriber, link to my account, Read more about following topics and authors. In a statement Thursday, the Alberta Premier said she was disappointed over TransCanada's decision to kill Energy East, which her government had actively supported as a "nation-building project.". The US Congress … The new wrinkle was that the National Energy Board would conduct the review as part of its hearing process. The details behind the pipeline. As those matters have dragged on, TC Energy has now “lost the 2019 construction season” for work on Keystone XL’s U.S. portion, said executive vice-president Paul Miller. Controversy TransCanada Corporation was founded in 1951 in Calgary, Alberta, Canada. “TC Energy better describes our complete business, which ... has grown steadily to become a C$110 billion enterprise with critical assets and dedicated employees across three countries,” Chief Executive Russ Girling said at the company’s annual general meeting. The Company offers pipeline construction, distribution and transmission of power, oil, liquids, and natural gas. That means: Comments that violate our community guidelines will be removed. As well, TransCanada saw a revival of its Keystone XL pipeline, which would carry 830,000 barrels a day of crude from Alberta to the U.S. Gulf Coast, and is seen as something of a competitor to the Energy East project.