Thursday, January 7, 2016

TransCanada to sue US for $15 bn over Keystone XL pipeline rejection

TransCanada to sue US for $15 bn over Keystone XL pipeline rejection Montreal (AFP) Jan 6, 2016 - TransCanada said Wednesday it will sue the US government for US$15 billion for blocking its project for an oil pipeline linking Canada with the Gulf of Mexico. TransCanada Corp. said the denial of a permit to complete the pipeline "was arbitrary and unjustified" under the North American Free Trade Agreement, and that the decision also exceeded the constitutional powers of US President Barack ... morehttp://www.oilgasdaily.com/reports/TransCanada_to_sue_US_for_15_bn_over_Keystone_XL_pipeline_rejection_999.html

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