Friday, 9 May 2025

Focus on South Bow Corp

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South Bow Declares Inaugural Dividend of U.S.$0.50 per Share

CALGARY, Alberta, Nov. 07, 2024 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow) announces that its board of directors...

TC Energy headquarters in Calgary, Alta., Tuesday, July 30, 2024. THE CANADIAN PRESS/Todd Korol
BusinessFuelNatural GasNewsTransmission

TC Energy cuts cost estimate for Southeast Gateway pipeline project in Mexico

The project involves the construction of a 715-kilometre offshore natural gas pipeline in southeast Mexico.

TC Energy Corp. has completed its spinoff of South Bow Corp., its crude oil pipelines business, as an independent company. TC Energy Corp. headquarters is shown in Calgary on Tuesday, July 30, 2024. THE CANADIAN PRESS/Todd Korol
BusinessFinanceHydropowerNatural GasNewsOilStorageTransmissionVoluntary Carbon Markets (VCMs)

TC Energy launches South Bow Corp. as independent crude oil pipeline business

TC Energy Corp. has completed its spinoff of South Bow Corp., its crude oil pipelines business, as an independent company.

A free trade arbitration tribunal has tossed out TC Energy Corp.'s claim that it is owed US$15 billion in damages as a result of President Joe Biden's cancellation of the Keystone XL pipeline permit. Pipes intended for construction of the Keystone XL pipeline are shown in Gascoyne, N.D. on Wednesday April 22, 2015. THE CANADIAN PRESS/Alex Pane
CourtsIndigenousNewsOilPoliticsTradeTransmission

TC Energy’s US$15B Keystone XL claim thrown out by trade tribunal

TC Energy launched the claim in 2021 under rules tied to the North American Free Trade Agreement.

Pipe is unloaded at a project in Hardisty, Alta., on Thursday, Aug.10, 2017. THE CANADIAN PRESS/Jason Frans
BusinessInfrastructureNatural GasNewsNuclear PowerOilStorageTransmissionUtilities

TC Energy shareholders approve spinoff, creation of South Bow pipelines business

TC Energy Corp. shareholders have voted in favour of spinning off the company's crude oil pipelines business