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Province and TC Energy announced the termination of the pipeline on Wednesday

Company Stops Keystone XL Pipeline TC Energy Corporation in Alberta, Canada, confirmed that it is shutting down further construction of the Keystone XL pipeline. The news release from the company said it would "ensure a safe termination of and exit from the Project." The company stated it had suspended construction after its permit was suspended by President Biden in January. Since then, the company has failed to get the administration to reverse its decision. It would've transported crude oil from the oil sand fields in Canada to Steele City, Nebraska, passing through Montana on the way. Bo...

Calgary-based TC Energy said it would work with government agencies “to ensure a safe termination of and exit from” the partially built line.

Keystone XL, The Controversial $9 Billion Oil Pipeline, Is Officially Cancelled by : Cameron Frew on : 10 Jun 2021 13:21 PA Images The $9 billion Keystone XL oil pipeline has been officially cancelled, prompting cheers from environmental activists after lengthy legal battles. While Donald Trump signed an executive order to allow the construction of the pipeline, after Obama had blocked it, US president Joe Biden took action on the controversial pipeline immediately, revoking its permit and sparking an outcry from states across the country, accusing him of acting ‘with complete disregard for...

2 minute read A TC Energy pump station sits behind mounds of dirt from the Keystone XL crude oil pipeline as it lies idle near Oyen, Alberta, Canada February 1, 2021. REUTERS/Todd Korol A $9 billion oil pipeline that became a symbol of the rising political clout of climate change advocates and a flash point in U.S.-Canada relations was officially canceled on Wednesday. Keystone XL, which was proposed in 2008 to bring oil from Canada's Western tar sands to U.S. refiners, was halted by owner TC Energy Corp (TRP.TO)after U.S. President Joe Biden this year revoked a key permit needed for a U.S. ...