22:16:25 EDT Wed 01 May 2024
Enter Symbol
or Name
USA
CA



TC Energy Corp
Symbol TRP
Shares Issued 1,037,487,829
Close 2024-04-04 C$ 52.53
Market Cap C$ 54,499,235,657
Recent Sedar Documents

FP/wire say Enbridge, rival hear TMX to start May 1

2024-04-05 07:30 ET - In the News

See In the News (C-ENB) Enbridge Inc

The Financial Post reports in its Friday, April 5, edition that the expansion of the Trans Mountain oil pipeline is almost complete and the project is on track to start up on May 1 after the government-owned company finished a mountainous segment in B.C. that had delayed operations. A Bloomberg dispatch to the Post reports that Trans Mountain expects to provide service for all contracted volumes next month after completing a drilling project in the Fraser Valley. The company had encountered technical problems on the section in January, pushing back the start of commercial operations by a month. The company said: "There are several remaining steps, including obtaining outstanding approvals from the Canada Energy Regulator. With the appropriate approvals and completion of remaining construction activity, Trans Mountain will commence transporting crude oil on the expanded system." The expansion twins the existing 1,150-kilometre pipeline from Edmonton to Burnaby, B.C., nearly tripling the conduit's capacity. The project, initially slated to start in 2017, has faced years of delays and cost overruns because of construction mishaps and regulatory hurdles.

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