TC Energy splits in two with creation of liquid pipeline company
TC Energy Corp. has announced plans to split into two separate companies by spinning off its crude oil pipelines business.
Francois Poirier
TC Energy takes $1.4-billion hit over Coastal GasLink pipeline's skyrocketing costs
Energy giant TC Energy took a $1.4-billion loss this past quarter, driven by the skyrocketing costs of the Coastal GasLink pipeline.
TC Energy predicts cost of Coastal GasLink pipeline project will rise
TC Energy Corp. is expecting what it calls a "material increase" in the cost of its Coastal GasLink pipeline project.
Cost of Coastal GasLink pipeline leaps 70% to $11.2 billion
The 670-kilometre pipeline, which aims to carry natural gas across the province to the LNG Canada processing and export facility in Kitimat, is already about 70 per cent complete, Poirier said. Until Thursday, the pipeline's cost estimate stood at $6.6 billion.