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TransCanada Sues US Over Keystone Pipeline Cancellation

Energy giant TransCanada is suing the United States for canceling the controversial Keystone XL oil pipeline. TransCanada filed its suit Friday, saying it was seeking $15 billion to recover costs and other losses. It announced its intention to sue in January, but said it wanted to give arbitration a chance first. The company said it was unable to reach an "amicable settlement" with the U.S. TranCanada sued under provisions in the North American Free Trade Agreement that aim...

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