President Obama’s Nov. 6 announcement that the State Dept. would not allow the Keystone XL pipeline to be built is a blow to contractors and construction unions that had strongly advocated for the project.
House and Senate supporters of the Keystone XL pipeline are moving quickly in the new Congress on legislation that would advance the long-pending $3.3-billiion project toward construction.
The Senate has narrowly rejected a proposed extension of TransCanada's Keystone XL pipeline, falling one vote short of the 60 needed to end debate on a bill that would authorize the project to proceed.
Only days before the U.S. State Dept. released its long-awaited environmental review of the proposed Keystone XL pipeline, the company applying to build it, TransCanada Corp., experienced its third major pipeline rupture since October.
North America may be a little closer to quenching Asia's thirst for liquefied natural gas (LNG) after Royal Dutch Shell awarded a contract to TransCanada Corp. to design, build and operate a $4-billion pipeline in northeastern British Columbia.
Opinions are split on whether TransCanada's revised proposal to build the Keystone XL crude-oil pipeline from Alberta to the Gulf of Mexico will pass muster with the Obama administration.
A new round in the fight over the Keystone XL pipeline has begun, as TransCanada reapplied for a U.S. permit to build the controversial $7.6-billion, 1,600-mile-long project, which would carry crude oil from Alberta's tar sands to the Gulf of Mexico.
