TransCanada Corp.’s plan to refill its cross-country natural gas Mainline with a new discount toll service for western suppliers is running into trouble from eastern buyers left holding old long-term, full-price delivery contracts.
Manitoba
Articles from Manitoba
Manitoba Power Betting ‘Clean’ Hydropower Trumps Political Turn to Fossil Fuels
A government-owned Canadian electricity exporter is making a C$350 million ($262 million) bet that the “clean” power movement in the United States will outlast the imminent pro-fossil fuels regime change in Washington, DC.
NEB Rejects TransCanada NatGas Mainline Storage Charge Increase
Distribution companies Thursday won a battle to hold down costs of using TransCanada Corp.’s natural gas mainline when the National Energy Board (NEB) rejected a complex proposal to raise storage charges.
Manitoba, Upper Midwest Supply Emergency Ending
Last weekend’s natural gas supply emergency that gripped parts of the Canadian province Manitoba, as well as Minnesota, Wisconsin and North Dakota, was coming to an end Tuesday as TransCanada Pipeline crews continued working to repair sections of a Mainline lateral that were damaged by an explosion Saturday.
EOG Holding Marcellus Leases for Long Term, Says Papa
EOG Resources Inc. has taken its Marcellus Shale leasehold off the market because it’s a “core holding” and big plans are on the table to develop it once natural gas prices recover, CEO Mark Papa said Tuesday.