TransCanada Corporation ( TRP ) shares have inched higher after the state of Nebraska announced that it has completed its review of the Keystone XL oil pipeline in the state, concluding that the new route proposed by TRP avoids sensitive regions that have been a source of concern.
The U.S. State Department is conducting a separate review of the pipeline. It is expected to issue its own draft environmental review in coming days.
TRP shares last changed hands up 0.06% to $47.71, in the high end of their 52-week range of $39.74 - $48.09.
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