TransCanada has resumed sending oil through the Keystone Pipeline after a week long shutdown prompted by a leak and oil spill in southeastern South Dakota.
After raising $3.37b in the largest equity offering in Canada, TransCanada Corporation (USA) announced shutting down parts of its Keystone pipeline for a week, as threat of a possible oil leak in South Dakota looms.
The United States government has finally rejected the controversial Keystone XL pipeline project, which was intended to ship crude oil from the Alberta oil sands of Canada down to the southern coast of the US.
TransCanada, the company tasked with building a mammoth oil pipeline linking Canada and the United States, has asked the US government to postpone a final decision on whether the project will go ahead, apparently fea ...