BOE Report Oil extended gains on Tuesday as a key pipeline bringing the resource to the United States remained shut, adding to concerns about potential tight supply in the world’s biggest crude consumer. U.S. West Texas Intermediate (WTI) crude futures gained $1.40, or 1.90%, to $74.65. Brent crude futures rose $1.59, or 2.04%, to $79.65 per barrel. Both benchmarks
Oil Price Canadian pipeline operator TC Energy said it had contained the leak from the Keystone pipeline that occurred in the middle of last week, spilling 14,000 barrels of crude into a creek. The leakage was contained in Kansas, NBC News reported, citing the company, which had to shut down the pipeline while it worked on fixing the leaky section.
Oil Price TC Energy, the operator of the Keystone Pipeline, said on Thursday that it had shut down the oil pipeline and is responding to a release of oil into a creek near Steele City, Nebraska. “We have shut down the Keystone Pipeline System and mobilized people and equipment in response to a confirmed release of oil into a creek, approximately
US News WINNIPEG, Manitoba – As TC Energy Corp prepares to unload C$5 billion ($3.7 billion) in assets next year, investors and analysts say the North American pipeline operator has plenty of options without touching its core gas business. Chief Executive Francois Poirier cleared up any ambiguities this week when asked how much of TC’s portfolio is in the shop
Nasdaq OTTAWA, Nov 15 – An indigenous group in the Canadian Pacific province of British Columbia says it has ordered workers to leave the site of TC Energy Corp’s TRP.TO Coastal GasLink pipeline, the latest step in a protracted dispute. Hereditary chiefs from the five clans of the Wet’suwet’en people, who oppose the project, have been trying for more than a year
CALGARY, Alberta, June 09, 2021 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) …
Reuters Canadian pipeline operator TC Energy on Friday swung to a loss in the first quarter, hit by C$2.2 billion ($1.81 billion) impairment charges related to the suspension of its Keystone XL pipeline project. The pipeline was planned to carry 830,000 barrels per day of heavy crude from Canada’s Alberta province to Nebraska in the United States. The company said
Reuters CALGARY, Alberta – Canada’s TC Energy on Monday requested information from around 100 renewable development companies to identify wind energy investment opportunities that would generate 620 megawatts of electricity for its U.S. pipeline business. The capital investment could total about $1 billion, analysts at BMO Capital Markets said in a note. Calgary-based TC Energy owns North America’s largest natural
CALGARY, Alberta, Feb. 12, 2021 (GLOBE NEWSWIRE) — Media Advisory – TC Energy Corpo…
Reuters WINNIPEG, Manitoba/WASHINGTON – TC Energy Corp will eliminate more than 1,000 construction jobs in coming weeks and halt work on the Keystone XL oil pipeline after U.S. President Joe Biden revoked the project’s presidential permit, the company said in an email to employees. Calgary-based TC Energy confirmed the authenticity of the email, sent by KXL President Richard Prior on
Reuters TC PipeLines LP TCP.N said on Monday top shareholder TC Energy Corp TRP.TO offered to buy the rest of the natural gas pipelines operator in a deal that valued the company at about $1.48 billion. Keystone pipeline operator TC Energy owns a 23.96% stake in TC PipeLines, according to Refinitiv data. TC PipeLines common shareholders will receive 0.650 common shares of TC Energy,
Oil and Gas 360 April 16 (UPI) — A U.S. federal judge has canceled a key permit for the construction of the controversial Keystone pipeline, stating it was issued without proper assessment of the project’s environmental impact. U.S. Chief District Judge Brian Morris ruled Wednesday that the U.S. Army Corps of Engineers failed to properly analyze the project’s effects on
