U.S. court rules against permit in new setback for Keystone XL oil pipeline [Reuters]
TC Energy Corporation (TRP)
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Source: Reuters
U.S. court rules against permit in new setback for Keystone XL oil pipeline WINNIPEG, Manitoba (Reuters) - A U.S. court on Wednesday ruled against the U.S. Army Corps of Engineers’ use of a permit that allows new energy pipelines to cross water bodies, in the latest setback to TC Energy Corp’s plans to build the Keystone XL oil pipeline. Keystone XL, which would carry 830,000 barrels per day of crude from Alberta to the U.S. Midwest, has been delayed for more than a decade by opposition from landowners, environmental groups and tribes, but construction was finally supposed to start this spring. Northern Plains Resource Council and other activist groups challenged the Corps’ reissuance of a nationwide permit in 2017. Such permits are a means of streamlining the permitting process for certain projects, although the Army Corps can also issue permits case by case. Nationwide Permit 12, which governs projects such as pipelines and utility lines, must be reissued every five years or left to
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- 4/9/24 - Form 6-K
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