Canadian Keystone XL pipeline owner seeks $15 billion In damages from Washington ...News

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TC Energy, the Canadian pipeline operator that was building the Keystone XL project is seeking $15 billion in damages from the Biden Administration. According to the notice, the US administration violated the North American Free Trade Agreement with its decision to kill the $9-billion project that would have carried 830,000 bpd of Canadian crude to the United States. The company had to official drop Keystone XL after President Biden revoked a crucial permit. Proponents of the Keystone XL project have argued that scrapping the pipeline would not diminish the demand for the heavy crude oil that the pipeline would have carried to US refin

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Canadian Keystone XL pipeline owner seeks $15 billion In damages from Washington ...News

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