AEN Staff

TransCanada NAFTA challenge could break U.S. winning streak, experts say

TransCanada seeking US$15B in damages over pipeline rejection CALGARY _As TransCanada prepares to launch a trade challenge over the rejection of the Keystone XL pipeline, the U.S. track record in similar disputes may not appear very encouraging for the Calgary-based company. TransCanada itself acknowledges that the U.S. has never lost a claim under the North

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Austin essentials: Music sets background beat, but food, cultural offerings also a draw

200 Austin venues host live performances nightly AUSTIN, Texas _ Austin is the capital of Texas, but it brands itself as the “Live Music Capital of the World.” And for good reason: On any given night, 200 venues across the city host live performances. The city is also known for South by Southwest, its annual

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3 Oklahoma earthquakes capable of moderate damage registered: USGS

Oklahoma earthquakes registered Wednesday night, northwest of Oklahoma City FAIRVIEW, Okla. _ Three earthquakes capable of causing moderate damage rocked northwestern Oklahoma overnight, but there were no immediate reports of significant damage or injuries. The U.S. Geological Survey reports a magnitude 4.7 quake hit just before 10:30 p.m. Wednesday about 20 miles northwest of Fairview

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Taylor Energy sues gov’t to recoup $432M set aside for work on 2004 Gulf oil leak

Taylor Energy says US government violated 2008 agreement The company responsible for a continuing oil leak that began a decade ago in the Gulf of Mexico is suing the federal government to recover more than $400 million that the company set aside for work to end the leak. New Orleans-based Taylor Energy Company’s lawsuit, filed

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Crescent Point Energy cuts capital budget in response to lower prices

Crescent Point Energy operates in North Dakota, US Midwest and Canada CALGARY _ Crescent Point Energy Corp. (TSX:CPG) is planning on spending significantly less on capital projects than last year, with a 2016 budget of between $950 million and $1.3 billion. In a press release, Scott Saxberg, president and CEO of Crescent Point said “We are reducing our capital

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Keystone XL: TransCanada to file 2 legal challenges to US gov’t rejection pipeline

Keystone XL challenges concern NAFTA breach and presidential power to kill pipeline CALGARY _ TransCanada launched a double-barrelled legal salvo Wednesday against the U.S. government over its rejection of the company’s proposed Keystone XL pipeline. The company said it intends to file a claim under Chapter 11 of the North American Free Trade Agreement in

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South Dakota regulators again approve portion of Keystone XL pipeline

Keystone XL pipeline authorized in South Dakota in 2010 PIERRE, S.D. _ Regulators in South Dakota have again approved the portion of the embattled Keystone XL oil pipeline that would go through the state. The Public Utilities Commission’s decision Tuesday still requires TransCanada Corp. to get a presidential permit for the project. President Barack Obama

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