TC Energy: Difference between revisions
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==History== |
==History== |
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[[File:TransCanada Logo.svg|thumb|TC Energy was known as TransCanada before rebranding in 2019|alt=]] |
[[File:TransCanada Logo.svg|thumb|TC Energy was known as TransCanada before rebranding in 2019|alt=]] |
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The company was incorporated in 1951 by a Special Act of Parliament as Trans-Canada Pipe Lines Limited.<ref>{{Cite web|url=http://www.fundinguniverse.com/company-histories/transcanada-pipelines-limited-history/|title=History of TRANSCANADA PIPELINES LIMITED – FundingUniverse|website=www.fundinguniverse.com|language=en|access-date=2018-03-13}}</ref> The purpose of the company was to develop the [[TransCanada pipeline]] (now known as the Canadian Mainline) to supply eastern Canadian markets with natural gas produced in the west. |
The company was incorporated in 1951 by a Special Act of Parliament as Trans-Canada Pipe Lines Limited.<ref>{{Cite web|url=http://www.fundinguniverse.com/company-histories/transcanada-pipelines-limited-history/|title=History of TRANSCANADA PIPELINES LIMITED – FundingUniverse|website=www.fundinguniverse.com|language=en|access-date=2018-03-13}}</ref> In 1954 [[N. Eldon Tanner]], president of Merrill Petroleums and former Alberta legislator, became president of the company.<ref name="LDSbio">{{cite news | url=https://www.churchofjesuschrist.org/study/ensign/1972/11/president-n-eldon-tanner-a-man-of-integrity?lang=eng |title=President N. Eldon Tanner: A Man of Integrity|author=Hugh B. Brown|publisher=LDS Church|date=November 1972|page=13|work=[[Ensign (LDS magazine)|Ensign]]|author-link=Hugh B. Brown}}</ref> The purpose of the company was to develop the [[TransCanada pipeline]] (now known as the Canadian Mainline) to supply eastern Canadian markets with natural gas produced in the west. |
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In 1998, TransCanada Pipelines merged with [[NOVA Corporation]]'s pipeline business, keeping the TransCanada name and becoming "the fourth largest energy services company in North America".<ref name="Merger">{{Cite web |title=TransCanada, Nova Complete Merger|url=https://www.naturalgasintel.com/articles/92796-transcanada-nova-complete-merger|publisher=Natural Gas Intelligence|date=1998-07-06|access-date=2020-03-01}}</ref> |
In 1998, TransCanada Pipelines merged with [[NOVA Corporation]]'s pipeline business, keeping the TransCanada name and becoming "the fourth largest energy services company in North America".<ref name="Merger">{{Cite web |title=TransCanada, Nova Complete Merger|url=https://www.naturalgasintel.com/articles/92796-transcanada-nova-complete-merger|publisher=Natural Gas Intelligence|date=1998-07-06|access-date=2020-03-01}}</ref> |
Latest revision as of 09:32, 2 December 2024
Company type | Public |
---|---|
Industry | Energy |
Founded | 1951 |
Headquarters | 450 1 Street SW Calgary, Alberta T2P 5H1 |
Area served | |
Key people | François Poirier (president and CEO) |
Services | |
Revenue | CA$13.387 Billion (Fiscal Year Ended December 31, 2021)[1] |
CA$2.166 Billion (Fiscal Year Ended December 31, 2021)[1] | |
CA$2.046 Billion (Fiscal Year Ended December 31, 2021)[1] | |
Total assets | CA$104.218 Billion (Fiscal Year Ended December 31, 2021)[1] |
Total equity | CA$33.396 Billion (Fiscal Year Ended December 31, 2021)[1] |
Number of employees | 7,000[2] |
Website | www |
TC Energy Corporation (formerly TransCanada Corporation) is a major North American energy company, based in the TC Energy Tower building in Calgary, Alberta, Canada, that develops and operates energy infrastructure in Canada, the United States, and Mexico. The company operates three core businesses: Natural Gas Pipelines, Liquids Pipelines and Energy.
The Natural Gas Pipeline network includes 92,600 kilometres (57,539 miles) of gas pipeline, which transports more than 25% of North American natural gas demand. The Liquids Pipelines division includes 4,900 kilometres (3,045 miles) of oil pipeline, which ships 590,000 barrels of crude oil per day, which is about 20% of Western Canadian exports. The Energy division owns or has interests in 11 power generation facilities with combined capacity of 6,600 megawatts (MW). These power sources include nuclear and natural gas fired.[3] The company is expanding its energy division to include more renewable sources including pumped storage, wind, and solar generation.[4][5][6][7]
The company was founded in 1951 in Calgary.[8] The company's US headquarters is located in the TC Energy Center skyscraper in Houston, Texas.[9]
TC Energy is the largest shareholder in, and owns the general partner of, TC PipeLines.
History
[edit]The company was incorporated in 1951 by a Special Act of Parliament as Trans-Canada Pipe Lines Limited.[10] In 1954 N. Eldon Tanner, president of Merrill Petroleums and former Alberta legislator, became president of the company.[11] The purpose of the company was to develop the TransCanada pipeline (now known as the Canadian Mainline) to supply eastern Canadian markets with natural gas produced in the west.
In 1998, TransCanada Pipelines merged with NOVA Corporation's pipeline business, keeping the TransCanada name and becoming "the fourth largest energy services company in North America".[12]
Seeking to expand its presence in the United States, in 2016, TransCanada acquired Columbia Pipeline Group (CPG) for US$13 billion from NiSource's Shareholders. The CPG acquisition added a pipeline network in Pennsylvania and surrounding states, where the Marcellus and Utica shale gas formations are located.[13]
In May 2019, the company changed its name from TransCanada Corporation to TC Energy Corporation to better reflect the company's business, which includes pipelines, power generation and energy storage operations in Canada, the United States and Mexico.[14][15][16]
In October 2019, the 56-story Bank of America Center skyscraper in Houston, Texas was renamed as TC Energy Center and serves as the company's US headquarters.[9][17]
Operations
[edit]Natural gas pipelines
[edit]TC Energy's natural gas pipelines business builds, owns and operates a network of natural gas pipelines across North America that connects gas production to interconnects and end use markets. The company transports over 25% of continental daily natural gas demand through 91,900 km (57,100 mi) of pipelines. In addition, the company owns 535 Bcf of natural gas storage facilities, making TC Energy one of the largest natural gas storage providers in North America. This segment is TC Energy's largest segment, generating approximately two-thirds of the company's EBITDA in 2017. The Natural Gas Pipelines business is split into three operating segments: Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, and Mexico Natural Gas Pipelines.[3]
The major pipeline systems include:
- NGTL System (24,320 km) A wholly owned subsidiary, NOVA Gas Transmission Ltd., connects gas producers in the Western Canadian Sedimentary Basin with consumers and exports.[18] TC Energy has the largest and most extensive natural gas network in Alberta.[19]
- Canadian Mainline (14,077 km) this pipeline serves as a long haul delivery system transporting natural gas from the Western Canadian Sedimentary Basin across Canada to Ontario and Québec to deliver gas to downstream Canadian and U.S. markets. The pipeline has evolved accommodate additional supply connections closer to its markets. The mainline is over 60 years old[20]
- Columbia Gas (18,113 km) This natural gas transportation system serves the Appalachian Basin, which contains the Marcellus and Utica plays, two of the largest natural gas shale plays in North America. The system also interconnects with other pipelines that provide access to the U.S. Northeast and the Gulf of Mexico.
- ANR Pipeline System (15,109 km) This pipeline system connects supply basins and markets throughout the U.S. Midwest, and south to the Gulf of Mexico. This includes connecting supply in Texas, Oklahoma, the Appalachian Basin and the Gulf of Mexico to markets in Wisconsin, Michigan, Illinois and Ohio. In addition, ANR has bi-directional capability on its Southeast Mainline and delivers gas produced from the Appalachian basin to customers throughout the Gulf Coast Region.
- Columbia Gulf (5,377 km) — This pipeline system was originally designed as a long haul delivery system transporting supply from the Gulf of Mexico to major demand markets in the U.S. Northeast. The pipeline is now transitioning to a north-to-south flow and expanding to accommodate new supply in the Appalachian Basin and its interconnects with Columbia Gas and other pipelines to deliver gas to various Gulf Coast markets.
- Mexico Pipeline Network (1,680 km) — This consists of a growing network of natural gas pipelines in Mexico.
Projects in development include:
Coastal GasLink Pipeline Project — In June 2012 it was announced that TransCanada was selected by Shell and LNG Canada partners Korea Gas Corporation, Mitsubishi Corporation and PetroChina Company Limited (to which Petronas of Malaysia was added in 2018) to design, build, own and operate[21] the Coastal GasLink pipeline between northeastern B.C. gas fields near Dawson Creek, British Columbia, and the LNG Canada LNG liquefaction, storage and export facility in the port of Kitimat, on the Douglas Channel.[22][23][24][25] The investment and construction decisions for the LNG Canada and Coastal GasLink Pipeline Project were officially confirmed early October 2018, for completion by 2024–2025. However, hereditary chiefs of the Wetʼsuwetʼen have denied consent to construct the pipeline on the company's preferred route through culturally and ecologically sensitive lands in their unceded territory, leading to nationwide protests.[26][27]
Prince Rupert Gas Transmission project — In January 2013 it was announced that TransCanada was selected by Petronas to design, build, own, and operate[28] the Prince Rupert Gas Transmission project, a gas pipeline that would transport natural gas from the Montney region near Fort St. John, British Columbia to a LNG terminal planned by Progress Energy Canada Ltd. in Port Edward, British Columbia on Lelu Island near Prince Rupert, British Columbia.[29] The project faced opposition from the Gitxsan first nation due to concerns about the impact it would have on salmon in the Skeena River. On July 25, 2017, Petronas announced they were abandoning the Pacific NorthWest LNG proposal and TransCanada said they were "reviewing our options related to our proposed Prince Rupert Gas Transmission (PRGT) project".[30] On March 14, 2024 TC Energy announced the sale of the project to the Nisga'a Nation and Western LNG.[31]
Liquids pipelines
[edit]Two TC Energy's Liquids pipelines connect Alberta crude oil supplies to U.S. refining markets.,[3] the Keystone Pipeline System and the Grand Rapids pipelines. The 460 km-Grand Rapids pipeline transports crude oil from the producing area northwest of Fort McMurray, Alberta, to the Edmonton/Heartland, Alberta market region. In October 2012, TransCanada formed a 50–50 CAD$3bn joint-venture with Phoenix Energy Holdings Ltd. (the Canadian subsidiary of PetroChina) to develop the 500 km Grand Rapids Pipeline.[32]
The 4,324 km-Keystone Pipeline System transports crude oil from Hardisty, Alberta, to U.S. markets at Wood River and Patoka, Illinois, Cushing, Oklahoma, and the U.S. Gulf Coast. The Keystone System transports approximately 20% of Western Canadian crude oil to export markets. The Keystone Pipeline has had three significant leaks since it opened in 2010. It has leaked approximately 400 barrels in North Dakota in 2011 and South Dakota in 2016, and approximately 5000 barrels in South Dakota in 2017.[33]
A third pipeline, the 1,906 km-long Keystone XL Pipeline — which is an expansion of the Keystone Pipeline System — began construction in 2020. When completed, the Keystone XL Pipeline will transport 830,000 barrels of Athabasca oil sands crude oil per day from the Hardisty, Alberta to Steele City, Nebraska.
TC Energy had first proposed the Keystone XL pipeline in 2008.[34] The proposal faced widespread grassroots opposition with tactics including tree sits in the path of the pipeline[35] and civil disobedience by celebrities.[36] Critics[who?] state that by developing the oil sands, fossil fuels will be readily available and the trend toward warming of the atmosphere won't be curbed.[citation needed] The fate of the pipeline is therefore held up as symbolic of America's energy future.[37] Critics[who?] have raised concerns about the risks of spillage, as the Sandhills region of Nebraska is a fragile ecosystem.[citation needed]
In October 2011, TransCanada was involved in up to 56 separate eminent domain actions against landowners in Texas and South Dakota who refused to give permission to the company to build the Keystone Pipeline through their land.[38] However, on August 23, 2012, Texas Judge Bill Harris ruled that TransCanada had the right of eminent domain and could lease or purchase land from owners who refused to sign an agreement with the company for a public right of way for the pipeline.[39] The landowners had said that the pipeline was not open to other companies, and so did not meet the criteria for eminent domain.[40]
U.S. President Barack Obama rejected the pipeline on November 3, 2015.[41][42]
Early in his tenure in 2017, President Donald Trump signed presidential memoranda to revive both Keystone XL and Dakota Access pipelines. The order would expedite the environmental review that Trump described as an "incredibly cumbersome, long, horrible permitting process".[43]
In 2017, Trump signed a U.S. Presidential Permit to allow TransCanada to build the Nebraska pipeline route of the Keystone XL. TransCanada secured sufficient commercial support to commence construction preparation.[44][45]
This action by Trump inspired another wave of protests and rallies against the pipeline.[46]
In March 2020, Premier Jason Kenney of Alberta, agreed to help finance the construction of TC Energy's Keystone XL oil sands pipeline in southern Alberta, Montana, South Dakota and Nebraska with a CA$7.5 billion (US$5.3 billion) financing agreement.[47] According to The New York Times, despite the coronavirus pandemic, a down turn in the global economy, and "plunging oil prices", Premier Kenney said that Alberta could not afford "for Keystone XL to be delayed."[48] With this financial agreement, the Alberta government gained a US$1.1-billion ownership stake in the 1,947-kilometre pipeline which will "575,000 barrels of oil daily".[48] The province intends to sell its shares to TC Energy "after commercial operations begin."[49] Alberta also gave a full guarantee on a US$4.2-billion project loan.[49] The $USD1.1 billion equity covers construction costs from April through December 2020. TC Energy will also invest CA$.7 billion. The Alberta government are also providing a fully guaranteed CA$4.2 billion loan for the project.[50][48] The premier also said that over the next twenty years, the financial benefits to Alberta through tax and royalty revenue would be approximately CA$30 billion.[50] In response to Alberta's financial support, in March, TC Energy "approved construction of the US$8-billion project to transport up to 830,000 barrels per day of oil."[51] According to a Canadian Press March 31, 2020 article Premier Kenney estimated that "1,400 direct and 5,400 indirect jobs" would be created in Alberta during construction.[50] In September 2020, TC Energy announced that it would be restructuring some of its gas pipeline operations in Alberta.[49]
In April, shortly after construction on Keystone XL began, Judge Brian M. Morris of the Federal District Court in Montana suspended the United States Army Corps of Engineers (USACE)'s program allowing permits for pipelines to cross waterways, in spite of the Clean Water Act (CWA). Judge Morris said that the USACE pipeline permits "posed a threat to endangered species" and its reauthorization in 2017, had been improper. In July 2020, the Supreme Court of the United States declined to block Judge Morris' ruling, effectively halting all construction on the XL Pipeline.[52]
In September 2020, the Nekaneet Cree Nation in Saskatchewan, the Ermineskin Cree Nation, Montana First Nation, Louis Bull Tribe, and Saddle Lake Cree Nation in Alberta signed a memoranda of understanding (MOU) for an ownership stake in Keystone XL.[51]
In a Canadian Press article Calgary energy reporter, Dan Healing, wrote that Keystone XL's future was "still in doubt"—if Presidential candidate Joe Biden wins the November 3, 2020 United States presidential election, he would fulfill his promise to cancel the pipeline's "vital presidential permit."[51]
In January 2021, U.S. President Joe Biden revoked the project’s presidential permit.[53]
Marshall County, South Dakota leak 2017
[edit]On November 16, 2017, oil leaked from the pipeline in Marshall County, South Dakota, for 15 minutes before the flow of oil could be stopped. The company reported the amount as over 210,000 gallons.[54] TransCanada reported it discovered the leak in Amherst, South Dakota, at 6 am on Thursday after systems detected a drop in pressure in the northern leg of the pipeline.[55] The leak was discovered about 35 miles south of the Ludden pump station.[56]
In April 2018, a federal investigation showed that the spill was almost twice as large as TransCanada had claimed in November, and that it was the seventh-largest onshore oil spill since 2002. The study showed that 407,000 gallons, not 210,000 gallons, had spilled.[57] Also in April 2018, Reuters reviewed documents that showed that Keystone had "leaked substantially more oil, and more often, in the United States than the company indicated to regulators in risk assessments before operations began in 2010".[58]
Energy
[edit]TC Energy's Energy division consists of power generation and unregulated natural gas storage assets. The power business consists of approximately 7,000 megawatts (MW) of generation capacity owned or under development. These assets are located primarily in Canada and are powered by natural gas, nuclear, and wind.[3]
- Western Power These assets include approximately 1,000 MW of power generation capacity through four natural gas-fired cogeneration facilities in Alberta and one in Arizona.
- Eastern Power These assets include approximately 2,900 MW of power generation capacity in Eastern Canada.
- Bruce Power This operates the Bruce Nuclear Generating Station in Ontario. Comprising eight nuclear units with a combined capacity of approximately 6,400 MW, it is currently the largest operating nuclear power plant in the world. TC Energy holds a 48.4% interest in the asset.
TC Energy has proposed two pumped storage projects and one solar project to store and supply clean energy. The Ontario Pumped Storage Project[59] near Meaford, Ontario would provide 1000 MW of clean energy and the proposed Canyon Creek Pumped Storage Project near Hinton, Alberta would provide 75 MW of clean energy.[4][5] The proposed Saddlebrook Solar + Storage project in Aldersyde, Alberta would consist of 102.5 MW of solar generation with utility-scale energy storage.[6]
Ownership
[edit]As of March 2024, 83.5% of the share capital of TC Energy is owned by institutional investors. The dominant shareholder is the Royal Bank of Canada, which owns over 9% of the company. Canada's Big Five (banks) own almost 23% of the outstanding share capital.[60] Significant holdings accrue to the Caisse de dépôt et placement du Québec and the OMERS.[61]
Operational projects
[edit]Operational natural gas pipelines
[edit]Name | Country | Length | TransCanada's participation | Description |
---|---|---|---|---|
NGTL System | Canada | 24,320 km (15,112 mi) | 100 | Receives, transports and delivers natural gas within Alberta and B.C., and connects with the Canadian Mainline, Foothills system and third-party pipelines. |
Canadian Mainline | Canada | 14,077 km (8,747 mi) | 100 | Transports natural gas from the Alberta/Saskatchewanborder and the Ontario/U.S. border to serve eastern Canada and interconnects to the U.S. |
Foothills | Canada | 1,241 km (771 mi) | 100 | Transports natural gas from central Alberta to the U.S. border for export to the U.S. Midwest, PacificNorthwest, California and Nevada |
Trans Québec & Maritimes | Canada | 572 km (355 mi) | 50 | Connects with the Canadian Mainline near the Ontario/Québec border to transport natural gas to the Montréal to Québec City corridor, and interconnects with the Portland pipeline system that serves the northeast U.S. |
Ventures LP | Canada | 161 km (100 mi) | 100 | Transports natural gas to the oil sands region near Fort McMurray, Alberta. It also includes a 27 km (17 mile) pipeline supplying natural gas to a petrochemical complex at Joffre, Alberta. |
Great Lakes Canada | Canada | 58 km (36 mi) | 100 | Transports natural gas from the Great Lakes system in the U.S. to Ontario, near Dawn, through a connection at the U.S. border underneath the St. Clair River |
ANR | United States | 15,109 km (9,388 mi) | 100 | Transports natural gas from various supply basins to markets throughout the Midwest and Gulf Coast. |
Bison | United States | 488 km (303 mi) | 25.7 | Transports natural gas from the Powder River Basin in Wyoming to Northern Border in North Dakota. |
Columbia Gas | United States | 18,113 km (11,255 mi) | 100 | Transports natural gas from supply primarily in the Appalachian Basin to markets throughout the U.S. Northeast. |
Columbia Gulf | United States | 5,377 km (3,341 mi) | 100 | Transports natural gas to various markets and pipeline interconnects in the southern U.S. and Gulf Coast. |
Crossroads | United States | 325 km (202 mi) | 100 | Interstate natural gas pipeline operating in Indiana and Ohio with multiple interconnects to other pipelines. |
Gas Transmission Northwest | United States | 2,216 km (1,377 mi) | 25.7 | Transports WCSB and Rockies natural gas to Washington, Oregon and California. Connects with Tuscarora and Foothills. |
Great Lakes | United States | 3,404 km (2,115 mi) | 65.5 | Connects with the Canadian Mainline near Emerson, Manitoba, and to Great Lakes Canada near St Clair, Ontario, plus interconnects with ANR at Crystal Falls and Farwell in Michigan, to transport natural gas to eastern Canada and the U.S. Upper Midwest |
Iroquois | United States | 669 km (416 mi) | 13.4 | Connects with the Canadian Mainline and serves markets in New York. |
Millennium | United States | 407 km (253 mi) | 47.5 | Natural gas pipeline supplied by local production, storage fields and interconnecting upstream pipelines to serve markets along its route and to the U.S. Northeast. |
North Baja | United States | 138 km (86 mi) | 25.7 | Transports natural gas between Arizona and California, and connects with a third-party pipeline on the California/ Mexico border. |
Northern Border | United States | 2,272 km (1,412 mi) | 12.9 | Transports WCSB, Bakken and Rockies natural gas from connections with Foothills and Bison to U.S. Midwest markets. |
Portland | United States | 475 km (295 mi) | 15.9 | Connects with TQM near East Hereford, Québec to deliver natural gas to customers in the U.S. Northeast. |
Tuscarora | United States | 491 km (305 mi) | 25.7 | Transports natural gas from GTN at Malin, Oregon to markets in northeastern California and northwestern Nevada. |
Guadalajara | Mexico | 315 km (196 mi) | 100 | Transports natural gas from Manzanillo, Colima to Guadalajara, Jalisco. |
Mazatlán | Mexico | 491 km (305 mi) | 100 | Transports natural gas from El Oro to Mazatlán, Sinaloa inMexico. Connects to the Topolobampo Pipeline at El Oro |
Tamazunchale | Mexico | 375 km (233 mi) | 100 | Transports natural gas from Naranjos, Veracruz in east central Mexico to Tamazunchale, San Luis Potosí and on to El Sauz, Querétaro. |
Topolobampo | Mexico | 560 km (348 mi) | 100 | Transports natural gas to Topolobampo, Sinaloa, from interconnects with third-party pipelines in El Oro, Sinaloa and El Encino, Chihuahua in Mexico |
Operational liquids pipelines
[edit]Name | Country | Length | TransCanada's participation | Description |
---|---|---|---|---|
Keystone Pipeline System | Canada | 4,324 km (2,687 mi) | 100 | Transports crude oil from Hardisty, Alberta, to U.S. markets at Wood River and Patoka, Illinois, Cushing, Oklahoma, and the U.S. Gulf Coast. |
Marketlink | Canada | 100 | Terminal and pipeline facilities to transport crude oil from the market hub at Cushing, Oklahoma to the U.S. Gulf Coast refining markets on facilities that form part of the Keystone Pipeline System. | |
Grand Rapids | Canada | 460 km (286 mi) | 50 | Transports crude oil from the producing area northwest of Fort McMurray, Alberta, to the Edmonton/Heartland, Alberta, market region |
Northern Courier | Canada | 90 km (56 mi) | 100 | Transports bitumen and diluent between the Fort Hills mine site and Suncor Energy's terminal located north of Fort McMurray, Alberta. |
Operational power projects
[edit]Name | Fuel Type | Net Installed Capacity (MW) | TransCanada's participation | Description |
---|---|---|---|---|
Bear Creek | Natural Gas | 100 | 100 | Cogeneration plant in Grande Prairie, Alberta. |
Carseland | Natural Gas | 95 | 100 | Cogeneration plant in Carseland, Alberta. |
Mackay River | Natural Gas | 205 | 100 | Cogeneration plant in Fort McMurray, Alberta. |
Redwater | Natural Gas | 46 | 100 | Cogeneration plant in Redwater, Alberta. |
Bécancour | Natural Gas | 550 | 100 | Cogeneration plant in Trois-Rivières, Québec. |
Grandview | Natural Gas | 90 | 100 | Cogeneration plant in Saint John, New Brunswick. |
Bruce | Nuclear | 3099 | 48.4 | As part of Bruce Power Limited Partnership. Eight operating reactors in Tiverton, Ontario. Bruce Power leases the eight nuclear facilities from OPG. |
Political activities
[edit]In 2019 TransCanada aided the drafting of anti-protest legislation in South Dakota. The legislation, which Governor Kristi Noem signed into law in March 2019, created a fund to cover the costs of policing pipeline protests, and was accompanied by another law which sought to raise revenue for the fund by creating civil penalties for advising, directing, or encouraging persons participating in rioting. In response to the law Noem was sued by the Indigenous Environmental Network, Sierra Club, and other groups, who argued the laws violate First Amendment rights by incentivizing the state to sue protesters.[62]
Leadership
[edit]President
[edit]- Clinton Williams Murchison Sr., 1951–1954
- Nathan Eldon Tanner, 1954–1957
- Charles Shelton Coates Sr., 1957–1958
- James Winslow Kerr, 1958–1968
- Vernon Lyle Horte, 1968–1972
- George Webster Woods, 1972–1979
- Radcliffe Robertson Latimer, 1979–1985
- Gerald James Maier, 1985–1993
- George William Watson, 1993–1999
- Douglas Daniel Baldwin, 1999–2001
- Harold Norman Kvisle, 2001–2010
- Russell Keith Girling, 2010–2021
- François Lionel Poirier, 2021–
Chairman of the Board
[edit]- Nathan Eldon Tanner, 1957–1958
- Charles Shelton Coates Sr., 1958–1961
- James Winslow Kerr, 1961–1979
- John Macdonald Beddome, 1979–1983
- Gordon Peter Osler, 1983–1989
- Joseph Victor Raymond Cyr, 1989–1991
- Gerald James Maier, 1991–1998
- Richard Francis Haskayne, 1998–2005
- S. Barry Jackson, 2005–2016
- Siim Alden Vanaselja, 2016–2023
- John Edward Lowe, 2024–
References
[edit]- ^ a b c d e "TC Energy Corporation 2021 Annual Report" (PDF). tcenergy.com. 31 December 2021. Retrieved 8 March 2022.
- ^ "Fact sheet" (PDF), TC Energy
- ^ a b c d Annual Report 2018 (PDF) (Report). 2019. Archived from the original (PDF) on March 31, 2020. Retrieved March 31, 2020.
- ^ a b "TC Energy — OntarioPumped Storage Project". www.tcenergy.com. Retrieved 2022-03-30.
- ^ a b Energy, T. C. "TC Energy — Canyon Creek Pumped Hydro Energy Storage Project". www.tcenergy.com. Retrieved 2022-03-30.
- ^ a b "Saddlebrook Solar + Storage Project". www.tcenergy.com. Retrieved 2022-03-30.
- ^ "Expanding our renewable energy portfolio". www.tcenergy.com. Retrieved 2022-03-30.
- ^ Kilbourn, William (1970). Pipeline: TransCanada and the Great Debate. Toronto, Clarke, Irwin. p. 29.
- ^ a b Energy, T. C. "Iconic Houston building renamed: TC Energy Center". www.tcenergy.com. Retrieved 2022-04-01.
- ^ "History of TRANSCANADA PIPELINES LIMITED – FundingUniverse". www.fundinguniverse.com. Retrieved 2018-03-13.
- ^ Hugh B. Brown (November 1972). "President N. Eldon Tanner: A Man of Integrity". Ensign. LDS Church. p. 13.
- ^ "TransCanada, Nova Complete Merger". Natural Gas Intelligence. 1998-07-06. Retrieved 2020-03-01.
- ^ "TransCanada Corp to overhaul its business in US$13B acquisition of Columbia Pipeline Group". Financial Post. 2016-03-18. Retrieved 2018-03-15.
- ^ Williams, Nia (2019-05-03). "Pipeline company TransCanada changes name to TC Energy". Reuters. Retrieved 2019-05-05.
- ^ "'Not a brand change': New name, same pipeline challenges for TC Energy". canada.com. 2019-05-03. Retrieved 2019-05-05.
- ^ Queally, Jon (2019-05-04). "TransCanada Can Change Its Name, Say Opponents, But Keystone XL Will Never See 'The Light of Day'". Common Dreams. Retrieved 2019-05-05.
- ^ Jeffrey, Jeff (October 15, 2019). "Bank of America Center no more: Downtown Houston tower gets new name". Bizjournals. Retrieved March 31, 2022.
- ^ "NGTL System". TC Energy. Archived from the original on 2020-03-09. Retrieved 2020-03-09.
- ^ Morgan, Geoffrey (November 1, 2017). "TransCanada rule change raises ire of producers". Saskatchewan StarPhoenix. Financial Post.
- ^ "TransCanada Canadian Mainline – Overview". www.transcanada.com.
- ^ "TransCanada Selected by Shell and Partners to Develop Multi-Billion Dollar Natural Gas Pipeline to Canada's West Coast" (news release). TransCanada. June 5, 2012. Retrieved June 12, 2013.
- ^ Krugel, Lauren (January 9, 2013). "TransCanada to build $5-billion shale gas pipeline project near Prince Rupert" (blog). The Tyee. Retrieved June 12, 2013.
- ^ "Home page". Coastal GasLink Pipeline Ltd., a wholly owned subsidiary of TransCanada PipeLines Limited. Retrieved June 12, 2013.
Coastal GasLink Pipeline Ltd., a wholly owned subsidiary of TransCanada PipeLines Limited, proposes to develop a natural gas pipeline from northeast B.C. to the west coast of B.C. to serve export markets.
- ^ "Coastal GasLink Pipeline project description" (PDF). Archived from the original (PDF) on 2013-10-19. Retrieved 2013-06-13.
- ^ Nathan VanderKlippe (June 5, 2012). "TransCanada wins $4-billion pipeline contract". The Globe and Mail. Retrieved June 12, 2013.
- ^ "NO PIPELINES: Background of the Campaign".
- ^ Brown, Alleen; Bracken, Amber (23 February 2020). "No Surrender". The Intercept. First Look Media. Retrieved February 25, 2020.
- ^ "TransCanada Selected to Develop $6 Billion in Natural Gas Infrastructure to Prince Rupert, British Columbia" (news release). TransCanada. January 9, 2013. Retrieved June 12, 2013.
- ^ Darren Campbell (January 9, 2013). "B.C. LNG exports take a step forward with TransCanada announcement: TCPL to build $5.1 billion pipeline that will feed coastal terminal". Alberta Oil Magazine. Retrieved June 12, 2013.
- ^ "TransCanada Prince Rupert Gas Transmission Project – Overview". www.transcanada.com. Retrieved 2018-03-17.
- ^ "TC Energy enters agreement to sell Prince Rupert Gas Transmission entities to Nisga'a Nation and Western LNG". www.tcenergy.com. Retrieved 2024-04-17.
- ^ Reuters staff. "${Instrument_CompanyName} ${Instrument_Ric} Key Developments". Reuters. Retrieved 6 October 2017.
{{cite web}}
:|author=
has generic name (help) - ^ "Keystone's existing pipeline spills far more than predicted to..." Reuters. 2017-11-27. Retrieved 2018-03-15.
- ^ Hovey, Art (2008-06-12). "TransCanada Proposes Second Oil Pipeline". Lincoln Journal-Star. Downstream Today. Retrieved 2008-07-18.
- ^ "Protesters in Texas climb trees to block pipeline work". Houston Chronicle. September 25, 2012.
- ^ "Daryl Hannah freed following arrest in pipeline protest". Chicago Sun-Times. Oct 6, 2012.
- ^ "Why is the Keystone XL pipeline so disputed?". BBC News. 2017. Retrieved 2018-03-15.
- ^ "Eminent Domain Fight Has a Canadian Twist". New York Times. Oct 17, 2011.
- ^ "Judge Upholds Eminent Domain for Pipeline in Texas". New York Times. Aug 24, 2012.
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- ^ Kerry, John. "Department of State: Record of Decision and National Interest Determination" (PDF). Archived from the original (PDF) on 21 November 2015. Retrieved 8 January 2018.
- ^ Whitehouse, Obama (6 November 2015). "Obama rejects TransCanada's Keystone XL pipeline". Whitehouse. Retrieved 6 November 2015.
- ^ Mufson, Steven (January 24, 2017). "Trump seeks to revive Dakota Access, Keystone XL oil pipelines". Washington Post. Washington, DC. Retrieved January 24, 2017.
- ^ "Keystone XL pipeline has strong commercial support, TransCanada says". CBC News. Retrieved 2018-03-13.
- ^ Jamieson, Amber; Vaughan, Adam (March 24, 2017). "Keystone XL: Trump issues permit to begin construction of pipeline". The Guardian. Retrieved March 24, 2017.
- ^ "Keystone XL: Hundreds protest at White House, signalling upcoming pipeline fight". Calgary Herald. 2017-01-25. Retrieved 2018-03-15.
- ^ Jaremko, Gordon (March 31, 2020). "TC Energy, Alberta Government Clinch Financing to Move Keystone XL Exports South". Natural Gas Intelligence. Retrieved September 29, 2020.
- ^ a b c "Disputed Canada-US Oil Pipeline Work to Start in April". AP via The New York Times. Billings, Montana. March 31, 2020. Retrieved April 7, 2020.
- ^ a b c Panetta, Alex (September 29, 2020). "TC Energy layoffs add to oil patch woes amid low demand". The Globe and Mail via the Canadian Press. Retrieved September 30, 2020.
- ^ a b c "TC Energy to start work on Keystone XL pipeline after $1.1B US Alberta investment". The Canadian Press via CBC. March 31, 2020. Retrieved April 7, 2020.
- ^ a b c Healing, Dan (September 29, 2020). "TC Energy inks deal for Indigenous ownership stake in Keystone XL pipeline". Global News via the Canadian Press. Retrieved September 29, 2020.
- ^ Liptak, Adam (July 6, 2020). "Supreme Court Won't Block Ruling to Halt Work on Keystone XL Pipeline". The New York Times. ISSN 0362-4331. Retrieved September 29, 2020.
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{{cite news}}
: CS1 maint: multiple names: authors list (link) - ^ "Crews cleaning up Keystone Pipeline leak in Marshall County". KSFY ABC. November 16, 2017. Retrieved November 16, 2017.
- ^ "TransCanada's Keystone pipeline shut after 5,000-barrel leak in U.S." Reuters. November 16, 2017. Retrieved November 16, 2017.
- ^ "Keystone Pipeline Leak: More Than 200,000 Gallons of Oil Spilled". Heavy.com. November 16, 2017. Retrieved November 16, 2017.
- ^ "The Keystone Pipeline oil spill was nearly twice as big as TransCanada said", Vice News, Sarah Sax, April 10, 2018
- ^ "Keystone pipeline leak in South Dakota about double previous estimate: paper", Reuters, April 7, 2018
- ^ Energy, T. C. "Overview — Ontario Pumped Storage Project". www.ontariopumpedstorage.com. Retrieved 2022-03-30.
- ^ "Yahoo Finance - TC Energy Corporation (TRP)". Yahoo Finance.
- ^ "TRP TC Energy Corporation Common Stock". Nasdaq, Inc.
- ^ Brown, Alleen (May 23, 2019). "Pipeline Opponents Strike Back Against Anti-Protest Laws". The Intercept. Retrieved March 24, 2021.
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