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0.000313922461152145 -0.000156961230576016 -0.00219745722806468 -0.00361010830324905 -0.00455187568670537 -0.00274682153508079 0.000941767383456322 -0.00251137968921671
Stock impact report

South Bow boss taking lessons from Keystone XL as it pursues new cross-border project [BNN Bloomberg (Canada)]

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: BNN Bloomberg
CEO Bevin Wirzba says that was one of the lessons learned from a past attempt to expand its cross-border system — Keystone XL. The Calgary-based company, which used to be part of TC Energy Corp., has begun gauging customer interest in its Prairie Connector proposal, which would start in Hardisty, Alta., and carry oilsands crude to various U.S. destinations. The existing Keystone system starts in the same eastern Alberta town and currently delivers crude to refineries in the U.S. Midwest and Gulf Coast. Some unused pipe is already in the ground on the Canadian side of the border for the contentious Keystone XL expansion that was nixed five years ago, and permits remain in place for that portion. Wirzba says South Bow believes its Prairie Connector offering will be able to compete with another cross-border proposal by rival Enbridge Inc. as well as potential Venezuelan supplies flowing into the U.S. Gulf Coast market. This report by The Canadian Press was first published Marc Show less Read more
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