TransCanada Corporation announced today that it will move forward with a $1.5 billion expansion of its NOVA Gas Transmission Ltd. (NGTL) System to connect existing and new supply to incremental intra-basin market demand.

A proposed natural gas project would double the size of a pipeline that runs through Hampton Roads to accommodate the region’s growing demand. The Columbia Gas Transmission system runs from New York to the Midwest and Southeast. Virginia’s the southernmost of the 10 states it touches. But Virginia Natural Gas says the pipeline infrastructure is outdated and can’t keep up...

CALGARY, ALBERTA--(Marketwired - Nov. 4, 2014) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today that its wholly-owned subsidiary, NOVA Gas Transmission Ltd. (NGTL), will contract approximately 4.0 billion cubic feet per day (Bcf/d) of firm new contracts th...