TransCanada $TRP said it’s cancelling plans to build a pipeline that would ship 1.1 million barrels of oil per day from Western Canada to the Atlantic coast.
Highlights of Oil & Gas Energy Earnings Reports This Week
Energy company earnings kicked off this week with oil service giants $SLB & $HAL, Oil majors $XOM $RDG.A $COP and $CVX, Pipelines $TCP Natural gas $ECA $COP. Catch up on all the energy earnings you may have missed.
TransCanada $TRP Earnings Boost From U.S. Pipelines
Canadian gas pipeline giant TransCanada $TRP released better than expected second quarter 2017 financial results on Friday on Natural Gas and Liquids pipelines revenue boosts.