Kinder Morgan Inc (KMI.N) has begun talks with institutional investors including major Canadian pension funds and private equity firms to raise capital for the $6.8 billion expansion of its Trans Mountain pipeline project, according to people familiar with the process.
Kinder Morgan has held discussions with Canada Pension Plan Investment Board, the Caisse de depot et placement du Quebec and Ontario Teachers' Pension Plan Board, three of the biggest Canadian pension funds, the people added. It was unclear whether these talks were continuing.
“New pipelines to transition to clean energy” is Canada’s own form of climate denial
Watching Prime Minister Trudeau celebrate President Trump’s executive order reviving the Keystone XL pipeline got me thinking: how is it that our ‘progressive’ Canadian leader is siding with the climate-denying U.S. president on major fossil fuel expansion?
It’s a scary reminder that Trudeau’s recent pipeline and tanker project approvals are simply an extension of the oil patch status quo.
As Trump takes the wheel, U.S. thermal coal is looking for a way off the continent
The denial of a key permit by the State of Washington has left the largest proposed coal facility on the West Coast of North America high and dry. The proponents of the export terminal in Longview, Washington failed to obtain an aquatic lands sublease permit, dealing a major blow to an industry already struggling to transport U.S. thermal coal to markets in Asia.
Prime Minister Justin Trudeau’s November proposal to ban oil tanker traffic from B.C.’s north coast received kind reception on the west coast of Canada where the Heiltusk First Nation was still busy responding to a
CALGARY – Clint Big Eagle says the whiff of oil permeated the frigid Saskatchewan air for about a week and a half before he decided to pull over and investigate.
“The kids are all, ‘It’s a terrible, ugly smell. What is that?'” Big Eagle said in an interview.
Court says Aboriginal band denied important information during consultation
A Nova Scotia judge has quashed the decision by the province's environment minister to dismiss the appeal of a First Nation opposed to the Alton natural gas project.
The Sipekne'katik First Nation had argued the plan to flush out salt beds to create natural gas storage caverns near Stewiacke, and then pipe the diluted brine into the Shubenacadie River, posed a danger to the tidal waterway and its fish species.
The Energy East pipeline won’t be without its detractors after the federal regulator tried to wipe the slate clean on its troubled past today.
The National Energy Board (NEB) voided all decisions made by a review panel that had been overseeing TransCanada Corp.’s $15.7-billion pipeline project up until September of last year.
That three-person review panel, which held hearings in New Brunswick and made several key decisions on how TransCanada’s regulatory process would play out, recused itself in September.
