Analysis-South Bow plan to revive parts of Keystone XL needs Trump approval, US oil pipeline links [Yahoo! Finance Canada]
TC Energy Corporation (TRP)
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Source: Yahoo! Finance Canada
CALGARY, March 2 (Reuters) - A proposal led by Canadian company South Bow to revive parts of the cancelled Keystone XL oil pipeline could increase Canada's crude exports to the U.S. by more than 12%, if it gets a green light from U.S. President Donald Trump and additional links to U.S. refining hubs ?are built. The new proposal involves a different route through the U.S. than the previous Keystone XL pipeline project cancelled by former U.S. President Joe Biden in 2021 after ?years of Indigenous and environmental opposition. South Bow, which was set up by former Keystone XL proponent TC Energy in 2024 to take over its oil pipeline business, is considering reviving some of the line that was already built in ?Alberta and already has all necessary Canadian permits. Canadian Prime Minister Mark Carney brought up the pipeline's revival in a conversation with Trump in October and it could provide him leverage in upcoming negotiations around renewing the U.S.-Mexico-Canada (USMCA) tra
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- Posthaste: This dormant pipeline needs to be restarted for the sake of Canada, economists say [Yahoo! Finance Canada]Yahoo! Finance Canada
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- As East-West pipeline divide persists, Atlantic Canada's energy isolation is only getting worse [Yahoo! Finance Canada]Yahoo! Finance Canada
- Analysis-South Bow plan to revive parts of Keystone XL needs Trump approval, US oil pipeline links [Yahoo! Finance]Yahoo! Finance
- TC Energy Corporation (TRP) Sparks Optimism With $8 Billion Projected Backlog [Yahoo! Finance]Yahoo! Finance
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