Keystone XL Pipeline project terminated, company announces By Catherine Park The TC Energy Corp. announced on Wednesday it terminated the Keystone XL Pipeline project, according to a company news release. After consulting with the government of Alberta and in the wake of a comprehensive review of the project’s options following its initial suspension in January, TC Energy Corp. decided that terminating the entire project was the logical option, the company said. The company has said it will work with "regulators, stakeholders and Indigenous groups to meet its environmental and regulatory commitments and ensure a safe termination of and exit from the Project."