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Stock impact report

TransCanada ordered to run Keystone pipeline at reduced pressure [Reuters]

TC Energy Corporation (TRP) 
Last tc energy corporation earnings: 5/1 07:30 am Check Earnings Report
US:NYSE Investor Relations: transcanada.com/en/investors
Company Research Source: Reuters
TransCanada ordered to run Keystone pipeline at reduced pressure | Reuters Reuters Staff 2 Min Read (Reuters) - TransCanada Corp’s Keystone crude pipeline must operate at a 20 percent pressure reduction after it restarts, the U.S. pipeline regulator said on Tuesday, nearly two weeks after the line was shut after it leaked 5,000 barrels of oil in South Dakota. Calgary-based TransCanada shut the 590,000 barrel-per-day pipeline, one of Canada’s main crude export routes linking Alberta to U.S. refineries, on Nov. 16 after a leak was detected. The pipeline restarted on Tuesday, a spokesman said, although he added there was no timeline for when the Pipeline and Hazardous Materials Safety Administration (PHMSA) would allow it to return to full capacity. In a corrective action order on Tuesday, PHMSA said its investigation is ongoing, although its preliminary findings showed TransCanada and PHMSA identified the source of the release on Nov. 26. “The rupture has characteristics of mechanical d Show less Read more
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