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Canadian Government Green-Lights Trans Mountain Expansion, Again

The Canadian government re-approved the expansion of the Trans Mountain pipeline (TMX), which will boost the amount of oil that flows from Alberta to British Columbia. read more.....»»

Category: blogSource: benzingaJun 18th, 2019

Brookfield a potential suitor for Trans Mountain, analyst says

Brookfield Infrastructure Partners LP could be a potential buyer of the Canadian government-owned Trans Mountain oil pipeline, a Stifel FirstEnergy analyst said, as the project expansion struggles with increasing costs arising from regulatory delays......»»

Category: topSource: reutersFeb 10th, 2020

Canada Finance Minister says permitting work on Trans Mountain oil pipeline underway

Work to obtain building permits for the Trans Mountain oil pipeline started on Wednesday, Canadian Finance Minister Bill Morneau said, a day after the federal government approved the contentious expansion project despite widespread opposition......»»

Category: topSource: reutersJun 19th, 2019

Canadian Government Greenlights Pipeline Expansion

The Canadian government has granted authority to complete the expansion of the Trans Mountain oil pipeline system. Not all Canadians and certainly not all native First Nations are pleased, to say the........»»

Category: blogSource: 247wallstJun 19th, 2019

Investors back Kinder Morgan Canada"s Trans Mountain move

BENGALURU (Reuters) - Kinder Morgan Canada shareholders on Tuesday backed the pipeline operator's decision to pause most work on its Trans Mountain expansion as a way to force the Canadian government to give final approval for the project......»»

Category: topSource: reutersApr 10th, 2018

Kinder Morgan Halts Trans Mountain Pipeline Work

Kinder Morgan's Canadian subsidiary has called a halt to further spending on its Trans Mountain pipeline expansion project primarily due to opposition from the government of British Columbia and........»»

Category: blogSource: 247wallstApr 9th, 2018

Canada govt ready to indemnify Kinder Morgan pipeline project

OTTAWA (Reuters) - The Canadian government is prepared to financially shield Kinder Morgan Canada Ltd's proposed Trans Mountain pipeline expansion against unnecessary delays that are politically motivated, Finance Minister Bill Morneau said on Wednesday......»»

Category: topSource: reutersMay 16th, 2018

Canada Buys Kinder Morgan’s Trans Mountain Pipeline System

Kinder Morgan's Canadian subsidiary has sold the troubled Trans Mountain pipeline system and expansion project to Canada's federal government. The government plans to sell the assets as soon as it........»»

Category: blogSource: 247wallstMay 29th, 2018

Canadian Court Halts Work on Trans Mountain Pipeline as Kinder Morgan Gets Paid

Canada's Federal Appeals Court on Thursday ruled in favor of indigenous and environmental groups to halt work on the Trans Mountain oil pipeline expansion project that the government had purchased in........»»

Category: blogSource: 247wallstAug 31st, 2018

Canada aboriginal pipe dream might end Trudeau"s Trans Mountain nightmare

An indigenous-led group plans to offer to buy a majority stake in the Trans Mountain oil pipeline from the Canadian government this week or next, a deal that could help Prime Minister Justin Trudeau mitigate election-year criticism from environmentalists......»»

Category: topSource: reutersJul 2nd, 2019

Canada Reapproves Contentious Trans Mountain Pipeline Expansion

The decision is a blow for indigenous leaders and environmentalists (TORONTO) — Canadian Prime Minister Justin Trudeau has onc.....»»

Category: topSource: timeJun 19th, 2019

Statement by the Honourable Amarjeet Sohi Updating the Government"s Plan for a Decision on the Trans Mountain Expansion Project

OTTAWA, April 18, 2019 /CNW/ - The Honourable Amarjeet Sohi, Minister of Natural Resources, today issued the following statement .....»»

Category: earningsSource: benzingaApr 18th, 2019

Canada’s Trudeau Says Trans Mountain Pipeline ‘Will Be Built’

With a late May deadline looming, Canadian Prime Minister Trudeau is pushing hard for both legal and financial help to ensure that Kinder Morgan's Trans Mountain pipeline expansion is completed......»»

Category: blogSource: 247wallstApr 16th, 2018

Canadian Prime Minister Trudeau Presses For Pipeline

Canadian Prime Minister Justin Trudeau said he would ensure the Trans Mountain pipeline expansion gets built despite fierce opposition from of British Columbia......»»

Category: topSource: wsjApr 15th, 2018

Canadian Provinces Clash, Putting Pipeline Expansion in Jeopardy

Kinder Morgan is threatening to scrap the Trans Mountain pipeline expansion, raising pressure on Prime Minister Justin Trudeau to intervene on behalf of a project that has big implications for world oil markets......»»

Category: topSource: wsjApr 10th, 2018

Canada says it will cover losses in bid to get pipeline done

Canada's finance minister says the federal government will cover any losses a pipeline builder might suffer if British Colombia's provincial government continues to obstruct the Trans Mountain pipeline expansion......»»

Category: topSource: foxnewsMay 16th, 2018

Canada to buy Kinder Morgan pipeline system and expansion project for $3.46B

Houston-based Kinder Morgan Inc. (NYSE: KMI) announced May 29 that the government of Canada will buy the company’s Trans Mountain Pipeline system and expansion project for $3.46 billion. The deal is expected to close late in the third quarter o.....»»

Category: topSource: bizjournalsMay 29th, 2018

Canadian government to buy Kinder Morgan"s Trans Mountain pipeline

OTTAWA (Reuters) -.....»»

Category: topSource: reutersMay 29th, 2018

Canadian Government Buys Trans Mountain - What It Means For Canadian E&Ps

Canadian Government Buys Trans Mountain - What It Means For Canadian E&Ps.....»»

Category: topSource: seekingalphaMay 29th, 2018

Kinder Morgan to pay down $2B debt after Trans Mountain sale

Houston-based Kinder Morgan Inc. (NYSE: KMI) plans to use the proceeds from the sale of its Trans Mountain pipeline and expansion project to pay down debt. The company’s Canadian subsidiary, Kinder Morgan Canada (TSE: KML) is in the midst of a $3.4.....»»

Category: topSource: bizjournalsJul 19th, 2018

"I Am Angry": Notley Says Alberta Leaving Climate Plan Over Pipeline Decision

Premier Rachel Notley announced last night that Alberta is pulling out of the national climate plan until the federal government “gets its act together” on the Trans Mountain pipeline expansion. In a scathing statement, Notley decla.....»»

Category: blogSource: zerohedgeAug 31st, 2018