Business & Tech

Company Behind Keystone XL Pipeline Ends Controversial Project

Construction on the 1,200-mile pipeline began last year when former President Donald Trump revived the long-delayed project

This March 2020 file photo shows the proposed route of the Keystone XL oil pipeline where it crosses into the United States from Canada in Montana. The company behind the pipeline pulled the plug on the project after a decade of controversy.
This March 2020 file photo shows the proposed route of the Keystone XL oil pipeline where it crosses into the United States from Canada in Montana. The company behind the pipeline pulled the plug on the project after a decade of controversy. (Al Nash/Bureau of Land Management via AP, File)

CALGARY — TC Energy, the Canadian company behind the controversial Keystone XL pipeline, said Wednesday it plans to terminate the project after the Biden administration revoked its permit in January, according to a Washington Post report.

The decision to pull the plug on the project ends a decade of controversy stemming from the project. Construction on the 1,200-mile pipeline began last year when former President Donald Trump revived the long-delayed project after it had stalled under the Obama administration.

The multibillion-dollar pipeline would've carried oil from Canada into the United States.

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TC Energy attributed the decision to “political obstructionism.” The company said it plans to work with regulators, stakeholders and Indigenous groups to ensure a safe exit from the project, according to a CNN report.

Read more via The Washington Post

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