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TransCanada lauds U.S. review of Keystone XL project
Posted by Reuters: Scott Haggett and Julie Gordon on January 31st, 2014
Reuters: TransCanada Corp's chief executive welcomed a favorable U.S. environmental review of the company's Keystone XL project on Friday, calling the report an important milestone for the final approval of the controversial pipeline.
The U.S. State Department issued its long-awaited Final Supplemental Environmental Impact Statement on the $5.3 billion pipeline project on Friday. It concluded that allowing the line to proceed would not raise the pace of development in Canada's oil sands, a key argument...
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Canada regulator urges approval oil-export pipeline
Posted by Reuters: Scott Haggett and Julie Gordon on December 19th, 2013
Reuters: Canadian regulators urged the government to approve the country's first overseas oil-export project on Thursday, concluding that Enbridge Inc's C$7.9 billion (US$7.4 billion) Northern Gateway pipeline plan posed little risk to the environment if the company complied with some 200 conditions. Two years after a panel of environmental and energy regulators began hearings into the project, it sided against the line's many opponents and recommended the completion of a project that would allow Canada...