Pipeline blocked after Biden revoked a key permit on his first day in office
Energy infrastructure company TC Energy said Wednesday it had completed the $ 9 billion Keystone XL pipeline project.
The pipeline, which would have been under construction this year, was blocked after US President Joe Biden revoked a key permit on his first day in office.
The company had losses in the first quarter, hit by impairment charges of $ 2.2 billion (US $ 1.81 billion) related to the suspension of the Keystone XL project.
More to come …
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