SUBSCRIBERS
TransCanada files claim on Keystone XL rejection
It is seeking to recoup US$15b; claim highlights how foreign firms can use trade deals to challenge US policy
Published Sun, Jun 26, 2016 · 09:50 PM
Washington
TRANSCANADA Corp is seeking to recoup US$15 billion for the Obama administration's rejection of the Keystone XL oil pipeline, in a legal claim that highlights how foreign companies can use trade deals to challenge US policy.
The Calgary-based pipeline operator filed papers late on Friday seeking arbitrati…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Oil settles lower as US business activity cools, concerns over Middle East ease
Orsted says Taiwan wind project to power TSMC on track for 2025 finish
Gold edges down as Middle East worries ebb
Oil rises as dollar slips, focus shifts to economic data
California to wrap up ExxonMobil plastics probe ‘in weeks’, AG says
Gold edges higher; hovers near one-week low on tempered Middle East fears