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TransCanada Corp unveils its newest project, including a proposed pipeline called Keystone. The proposal includes converting to oil one of up to six gas lines in TransCanada's 1,240 kilometres of right-of-way between Alberta and Manitoba. In the U.S., the plan calls for 1,600 kilometres of new pipeline across North Dakota, South Dakota, Iowa, Missouri and Illinois.
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TransCanada's CEO says that building the Enbridge Gateway pipeline out west (which in 2012 went under review) would preclude the need for Keystone.
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ConocoPhillips has secured the right to partner with TransCanada Corp. in the Canadian firm's US$2.1-billion Keystone oil pipeline project.
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TransCanada Corp. remains adamant its Keystone line will be the winner in a race to ship more oil to the U.S. Midwest, despite suggestions from rival Enbridge Corp. the proposal will end up on the cutting room floor.
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TransCanada Corp. files to the National Energy Board for approval to build the Keystone pipeline. The proposed 3,000-km pipeline will ship 435,000 barrels per day of Canadian heavy oil from Hardisty, Alta., 200 km southeast of Edmonton, to Chicago starting in 2009.
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Canada's national energy regulator announces it will hold another round of public hearings starting in June for Trans-Canada Corp.'s $2.1-billion Keystone oilsands pipeline proposal.
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The first step in a contested $2-billion plan to convert a natural gas pipeline for oilsands exports to the United States wins approval from the National Energy Board. Keystone takes another step forward.
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The head of the Alberta Federation of Labour (AFL) says TransCanada Corp.'s proposed Keystone pipeline to the U.S. is a "job killer" that needs to be stopped.
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Before it's even built, TransCanada Corp. increases the nominal capacity of its proposed Keystone pipeline to the United States by 35 per cent, citing strong support from Canadian oilsands producers.
The pipeline will now be capable of carrying 590,000 barrels per day (bpd) to Cushing, Okla., when subsequent expansion phases come online in 2010, up about 150,000 bpd. -
TransCanada Corp. says costs for the Keystone pipeline have jumped 85 per cent to $5.2 billion US in the wake of a decision to up capacity by more than 30 per cent.
Increased capacity on the 3,456-kilometre line, soaring costs and a strong Canadian dollar increase initial estimates of $2.8 billion made in 2005, the pipeline and energy company says. -
TransCanada Corp. appears to almost have in hand an important presidential permit for its $5.2-billion US Keystone pipeline project. The U.S. State Department, in a decision, says it approves the 3,400-kilometre pipeline. If no other U.S. federal regulator objects, it will issue a presidential permit.
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TransCanada Corp. plows ahead with a $7-billion US expansion of Keystone four months into construction of the pipeline's first phase.
The decision follows a successful round of negotiations in which producers in Alberta agree to ship 300,000 barrels of oil a day for an average term of 18 years on the second major piece of Keystone that will have a capacity to move 500,000 barrels of oil a day. -
TransCanada Corp.'s planned $5.2-billion Keystone oil pipeline system is facing opposition from U.S. environmental groups, who this week went to court in an attempt to block U.S. government approval of the project.
The National Resources Defence Council, the Dakota Resource Council and Dakota Rural Action go to court to court in an attempt to block U.S. government approval of Keystone. -
Courts in the United States dismiss a lawsuit by an environmental group against Keystone. A U.S. District Court rules the Natural Resources Defense Council did not have the authority to challenge a presidential permit.
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House Energy and Commerce committee chairman Henry Waxman urges the State Department to block TransCanada's planned Keystone XL pipeline. "This pipeline is a multi-billion-dollar investment to expand our reliance on the dirtiest source of transportation fuel currently available," Mr. Waxman says in a letter to the department.
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The U.S. State Department bows to pressure from environmental and political lobbies and gives federal agencies until the end of 2010 to decide if a Keystone is in the national interest.
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TransCanada Corp. chief executive Russ Girling says market forces rather than political pressure in the United States will drive a decision on the Keystone XL pipeline. TransCanada saysit is sticking to a 2013 in-service date for the pipeline, despite delays in the approval process on the U.S. leg.
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Prime Minister Stephen Harper makes a personal pitch for President Barack Obama to support the Keystone pipeline. During a two-hour meeting in Washington, Harper presses Obama to approve the project.
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The Keystone XL pipeline faces the prospect of more regulatory delays after the U.S. State Department puts more conditions on the project. The State Department says it will seek further comment on environmental aspects of the pipeline before making a decision by the end of the year.
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President Barack Obama says concerns in the United States about the potentially "destructive'' nature of the Canadian oilsands need to be answered before his administration decides whether to approve the construction of Calgary-based TransCanada's controversial Keystone XL pipeline.
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In testimony before the U.S. House subcommittee on energy and power, TransCanada executive Alex Pourbaix dismisses as "completely false'' allegations by environmental groups that diluted bitumen from Alberta's oilsands is more dangerous and corrosive to transport than conventional heavy oil in a bid to gain approval for the Keystone pipeline.
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TransCanada Corp. executives fire back at the U.S. Environmental Protection Agency, saying the agency misrepresented facts about the Keystone XL pipeline and "overstepping'' by seeking more information from Canada about plans to reduce greenhouse gas emissions in the northern Alberta oilsands.
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The U.S. Environmental Protection Agency expresses new fears about the safety of the Keystone XL oilsands pipeline, warning decision makers in the Obama administration need to "carefully consider'' whether the project's proposed route through ecologically sensitive areas in the U.S. Great Plains is appropriate.
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The U.S. State Department finds TransCanada Corp.'s Keystone XL oil sands pipeline would have "no significant impact" on most natural resources along its proposed route, boosting the prospects the Calgary-based company will win the Obama administration's approval.
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U.S. Senate leaders strike a compromise deal that could speed up a decision on TransCanada Corp.'s Keystone XL pipeline, with Democrats buckling to Republican pressure to include the oilsands project in legislation temporarily extending payroll tax relief to middle-class Americans.
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The White House sends new signals that President Barack Obama may be forced to kill TransCanada Corp.'s Keystone XL oilsands pipeline if his administration is forced to make a decision on the project within 60 days.
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In a year-end interview with CTV, Prime Minister Stephen Harper says Canada could sell its oil to China and other overseas markets with or without approval of the Keystone XL oil pipeline in the United States.
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Republicans in the U.S House of Representatives reject legislation passed by the Senate that would have forced the Obama administration to make a speedier decision on the Keystone XL oil sands pipeline, creating more uncertainty over when a final ruling will be made on the controversial project.
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A majority of U.S. voters still support the Keystone XL pipeline, according to a poll. Rasmussen Reports, a public opinion research company, finds that 53 per cent of likely U.S. voters at least somewhat favoured moving ahead with the pipeline, down from 60 per cent approval in mid-November, according to the survey.
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The Obama administration denies a presidential permit for construction of the $7 billion Keystone XL pipeline, saying a proper environmental review could not be conducted in time to meet a 60-day deadline set by Congress to rule on the controversial oilsands project.