TC Energy Seeks to Recoup Costs From US for Cancelled Keystone XL Pipeline Project

TC Energy Seeks to Recoup Costs From US for Cancelled Keystone XL Pipeline Project
Pipelines used to carry crude oil is shown at the Superior, Wis., terminal of Enbridge Energy, on June 29, 2018. Jim Mone/AP Photo
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WASHINGTON—Pipeline giant TC Energy is formally seeking compensation from the U.S. government for the cancellation of the cross-border Keystone XL expansion project.

The Calgary-based company has officially filed a request for arbitration in its bid for “economic damages” resulting from President Joe Biden’s decision to cancel the project.