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United States

Ethan Lou

Canada firm plans $200 million coin/share offering for oil and gas

Dec 18 2017

CALGARY, Alberta Canadian oil financing firm Oleum Capital Inc plans to raise $200 million in mid-January through what it calls the world's first offering of both shares and cryptocurrency tokens, a senior company executive told Reuters.

Canada firm plans $200 mln coin/share offering for oil and gas

Dec 18 2017

CALGARY, Alberta, Dec 18 Canadian oil financing firm Oleum Capital Inc plans to raise $200 million in mid-January through what it calls the world's first offering of both shares and cryptocurrency tokens, a senior company executive told Reuters.

Kinder Morgan Canada drops 4.3 percent after more potential delay

Dec 05 2017

CALGARY, Alberta Kinder Morgan Canada Ltd shares fell as much as 4.7 percent on Tuesday after the company said there could be more delays in the expansion of its C$7.4 billion (US$5.8 billion) Trans Mountain pipeline expansion, raising concerns about cost blowout.

Canada backs Kinder Morgan pipeline appeal as related hearings start

Nov 29 2017

CALGARY, Alberta Canada's federal government on Wednesday backed Kinder Morgan Canada Ltd's second appeal to the country's energy regulator over local permits for its planned Trans Mountain oil pipeline expansion, as related public hearings began.

TransCanada engages Nebraska landowners on new Keystone XL route

Nov 28 2017

Calgary, Alberta/TORONTO TransCanada Corp has started engaging landowners on a new route for its Keystone XL pipeline approved by the state of Nebraska, the company said on Tuesday, exploring the costlier path as it mulls a final decision on the expansion project mooted nearly a decade ago.

Shareholders urge TransCanada to back Keystone XL despite risk

Nov 21 2017

CALGARY, Alberta TransCanada Corp should push ahead with an $8 billion Keystone XL pipeline expansion after the state of Nebraska on Monday approved a route that would raise the cost of the controversial project, some shareholders said.

Nebraska clears path for Keystone XL pipeline, challenges remain

Nov 20 2017

LINCOLN, Neb./CALGARY, Alberta Nebraska regulators approved a route for TransCanada Corp's Keystone XL pipeline through the state on Monday, removing a big regulatory obstacle for the long-delayed project backed by President Donald Trump, but leaving its future shrouded in legal and market uncertainty. | Video

Kinder Morgan Canada appeals to regulator after permit failure

Oct 26 2017

CALGARY, Alberta Kinder Morgan Canada Ltd said Thursday that it has been unable to gain permits from the coastal city of Burnaby, British Columbia, for its Trans Mountain pipeline expansion and is appealing to the national regulator for construction approval.

Kinder Morgan Canada kills request linked to Trans Mountain pipeline

Oct 06 2017

CALGARY, Alberta Kinder Morgan Canada Ltd on Friday withdrew its request to install anti-fish-spawning mats in construction areas for its embattled Trans Mountain pipeline expansion, potentially delaying the C$7.4-billion ($5.91-billion) project. 

Canada expects crude-by-rail boom as pipeline project collapses

Oct 06 2017

CALGARY, Alberta TransCanada Corp's decision this week to scrap its $12 billion Energy East pipeline and delays to other export pipeline projects look set to increase producers' reliance on costly crude-by-rail to bring barrels to market.

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