Keystone pipeline
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TC Energy said it has is no timetable for restarting the 600,000 B/D pipeline that stretches from Alberta to Texas.
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The company's CEO said future plans for the 1,200-mile-long pipeline have been officially terminated.
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The decision to cancel the nearly 1,200-mile-long project comes less than a year after construction began and is being met with disappointment on both sides of the US-Canadian border. A 60-day halt on new permits for onshore an offshore US federal areas has also been ordered.
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US Court decisions put two major pipelines on hold and led to the cancellation of another pipeline project within days of each other.
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The court ruling comes less than a month after TC Energy announced plans to proceed with construction of the Keystone Pipeline.
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A US judge canceled a key permit for the Keystone XL oil pipeline that is expected to stretch from Canada to Nebraska, another setback for the disputed project that got under way only recently following years of delays.
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The $8-billion pipeline project has been held up for years, but amid a historic price crash, the Canadian government is stepping in with funding to support exports.
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TC Energy is planning to start mobilizing heavy construction equipment to worker campsites and pipeline storage sites in Montana, South Dakota, and Nebraska in February to start preconstruction work on the Keystone XL Pipeline.
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A year and a half after President Donald Trump reversed an Obama administration decision to block TransCanada’s Keystone XL pipeline, a federal district judge in Montana has halted the project again, citing an insufficient review of the project's environmental impact.
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TransCanada’s $8 billion Keystone XL pipeline may face another 8 months of delay after a court ruling raised issues with a 4-year-old environmental review.
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