Sunday, 22 October, 2017

Controversial events in the history of TransCanada's Energy East pipeline

The proposed route of the Energy East pipeline was shared with the media at an Aug. 2013 press conference with Trans Canada officials TransCanada Ends Two Pipeline Projects, Citing 'Changed Circumstances'
Andrew Cummings | 06 October, 2017, 00:35

"After careful review of changed circumstances, we will be informing the National Energy Board that we will no longer be proceeding with our Energy East and Eastern Mainline applications", chief executive officer Russ Girling said in a statement.

"Today is the result of the disastrous energy policies promoted by Justin Trudeau and his failure to champion the Canadian energy sector", said Raitt.

"But there is no doubt that with the Energy East pipeline project we would have been able to do even more to grow the economy, strengthen education and improve health care in our province". 7 for 30 days on the $15.7-billion route that would carry Alberta oilsands product from Hardisty to Saint John.

TransCanada's Eastern Mainline project, also cancelled this week, would have added 279 kilometres of new natural gas pipeline facilities and nine compression units to the Canadian Mainline system used to deliver natural gas in Ontario and Quebec.

The two projects cancelled Thursday were "inextricably linked", because TransCanada would be converting some of its natural gas pipeline capacity during the construction of Energy East.

August 23, 2017: In a decision cheered by environmentalists but considered a setback by the oil industry, the National Energy Board says it will allow wider discussion of greenhouse gas emission issues in upcoming hearings for the Energy East Pipeline.

Energy East was up for its second NEB review, after the first stalled previous year amid protests by environmentalists and after revelations that regulatory panel members met privately with a TransCanada consultant.

The B.C. government doesn't share her view, however, and is now part of a court challenge against Trans Mountain being heard this week.

New Brunswick Premier Brian Gallant says the announcement is not good news for his province.

Bold Attack Near Airport Rattles Kashmir
A suspected militant attack killed three people in Tral last month , while an Indian policeman was lynched in Srinagar in June . Sharma said they receive information about possible fidayeen attacks on security force camps from intelligence agencies.

Ford Motor Company (F) September Vehicle Sales Jump 8.7%
Short traders are feeling a little more bullish on General Motors Company recently as inferred by the decrease in short interest. Additionally General Motors Company recently declared a dividend which was paid on Friday the 23rd of June 2017.

Honeypreet Insan, 'Daughter' of Ram Rahim Singh, Arrested by Police
It is being informed by the sources that the police is very close to Honeypreet and would like to arrest before she surrenders. The Dera followers have said that Ram Rahim was jailed as he is Hindu and such organisations often fall target to accusations.

May 13, 2015: More than 60 organizations call on the National Energy Board to suspend TransCanada's application for the Energy East Pipeline.

As Energy East supporters lamented the loss of jobs and revenue, Indigenous opponents, environmental activists and a number of Quebec politicians celebrated.

Once heralded as a cross-country, nation-building project when Conservatives ruled in Ottawa, Energy East faced tougher regulatory challenges with the current Liberal government. Companies are not eager to invest in expensive tar sands projects unless the price of oil comes back up.

February 3, 2016: The National Energy Board directing TransCanada to rework its application to build the contentious Energy East pipeline because the document is too hard to understand - even for experts.

Irving Oil has worked together with TransCanada on this project since it was first announced in 2013.

"Make no mistake, other companies' decisions to invest in Canada will be informed by this debacle".

"We're disappointed. We supported the Energy East pipeline because it would have provided supply options and access to western Canadian crudes for our Montreal refinery and also would have provided access to new markets which is critical for Canadian producers".

Oil prices have roughly halved since 2014.

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