Keystone XL Pipeline Owners Seek $15 Billion in Compensation From US for Cancelation of Project

A pipeline used to carry crude oil is shown at the Superior, Wis., terminal of Enbridge Energy on June 29, 2018. Jim Mone/AP Photo

The developers of the Keystone XL pipeline, TC Energy Inc., are seeking $15 billion against the U.S. government in compensation for money already spent developing the canceled pipeline.

President Joe Biden killed the pipeline earlier this year, citing climate change, following a 13-year dispute lasting three presidential administrations.