TransCanada Corp on Friday won Alaskan legislative approval to build and operate a huge pipeline to ship natural gas from the North Slope to a network feeding domestic markets.

TransCanada Corporation today announced that the Board of Directors of TransCanada declared a quarterly dividend of $0.36 per common share for the quarter ending September 30, 2008 on the Company's outstanding common shares.

Sunstone Pipeline, a venture of Williams and TransCanada Corporation , announced today that Sempra Pipelines & Storage, a unit of Sempra Energy , has signed a memorandum of understanding with the existing partners to acquire a 25 percent ownership interest in Sunstone Pipeline and for a Sempra Energy affiliate to contract for a significant amount of capacity in the proposed natural gas pipeline.

Palomar Gas Transmission LLC announced today a non-binding open season to gauge interest in capacity from shippers seeking to move Rocky Mountain natural gas into markets in the Willamette Valley and I-5 Corridor.

TransCanada Corporation today announced that it completed its public offering of 30,200,000 Common Shares at a price of $36.50 per Common Share. In addition, the full over-allotment option granted to the syndicate of underwriters led by BMO Capital Markets, RBC Capital Markets, and TD Securities Inc., was exercised for an additional 4,530,000 Common Shares also at a price of $36.50 per Common Share.

TransCanada Corporation, affiliates of Enterprise Products Partners L.P. and Quicksilver Gas Services LP today announced they have signed a Memorandum of Understanding regarding the proposed Pathfinder Pipeline project.