Columbia Pipeline Group | Energy Services | Industrywide Issues | Litigation | M&A | Pipelines | TC Energy/TransCanada
Columbia Pipeline Shareholders Sue re 2016 Sale to TransCanada
TransCanada Corporation, which renamed itself TC Energy earlier this year, made a play for and bought out/merged in U.S.-based Columbia Pipeline Group in 2016 (see TransCanada and Columbia Pipeline Tie the Knot Today). TransCanada paid $13 billion for Columbia, including assumption of $2.8 billion of debt. Columbia has major pipeline operations throughout the Marcellus/Utica region.
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On Friday TransCanada, owner of Columbia Gas Transmission, issued a press release to say the Federal Energy Regulatory Commission has approved the startup of the remainder of the Mountaineer XPress pipeline project. Just last week we told you that FERC had approved more (but not the rest) of the project to go online (see 
In January the Federal Energy Regulatory Commission (FERC) gave permission to TransCanada’s Columbia Pipeline group to start up a portion of the Mountaineer XPress Pipeline in West Virginia (see 
Last month the Federal Energy Regulatory Commission (FERC) gave permission to TransCanada’s Columbia Pipeline group to start up a portion of the Mountaineer XPress Pipeline in West Virginia (see 
Here’s an interesting twist on the theme of drillers shorting leaseholders out of royalty money. Usually such cases involve drillers claiming post-production deductions from landowner royalty checks. This time the landowner/rightsholder is Columbia Gas Transmission (pipeline company owned by midstream giant TransCanada), and the claim is that Southwestern Energy (driller) is not paying royalties for gas produced but not actually sold.
In early October the Federal Energy Regulatory Commission (FERC) granted TransCanada permission to begin service on part of its Columbia WB XPress pipeline project, the “Western Build” portion of the project (see 
Anti-fossil fuelers are on a holy mission to stop a 3.5-mile, 8-inch pipeline from being built under the Potomac River by Columbia Pipeline (see