WATCH : The Alberta government is seeking $1.3 billion in compensation from the U.S. government in the wake of the cancellation of the Keystone XL pipeline’s permit. Tom Vernon reports. – Feb 9, 2022TC Energy Corp.’s ill-fated Keystone XL pipeline has suffered a major blow after a trade tribunal decision that tossed out its claim to US$15 billion in damages.
Keystone XL was a proposed crude oil transportation pipeline which would have carried oil from the oilsands of northern Alberta to the major U.S. crude storage hub at Cushing, Okla. and then on to Gulf Coast refineries. The tribunal said the legacy provisions tied to the old NAFTA only permit claims based on breaches that allegedly occurred while NAFTA was in force.Biden revoked Keystone XL’s permit a year after NAFTA was terminated and the new US-Mexico-Canada Agreement took its place.In an email Tuesday, TC Energy expressed its dismay over the tribunal’s decision.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
TC Energy's US$15B Keystone XL claim thrown out by trade tribunalTC Energy Corp.'s ill-fated Keystone XL pipeline has suffered a major blow after a trade tribunal decision that tossed out its claim to US$15 billion in damages.
Source: CTVCalgary - 🏆 26. / 68 Read more »
TC Energy's US$15B Keystone XL claim thrown out by trade tribunalA free trade arbitration tribunal has tossed out TC Energy Corp.’s claim that it is owed US$15 billion in damages as a result of U.S. President Joe Biden’s cancellation of the Keystone XL pipeline permit.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
TC Energy's US$15B Keystone XL claim thrown out by trade tribunalCALGARY — A free trade arbitration tribunal has tossed out TC Energy Corp.'s claim that it is owed US$15 billion in damages as a result of U.S. President Joe Biden's cancellation of the Keystone XL pipeline permit.
Source: sudburydotcom - 🏆 6. / 89 Read more »
TC Energy's US$15B Keystone XL claim thrown out by trade tribunalCALGARY — A free trade arbitration tribunal has tossed out TC Energy Corp.'s claim that it is owed US$15 billion in damages as a result of U.S. President Joe Biden's cancellation of the Keystone XL pipeline permit.
Source: timescolonist - 🏆 15. / 75 Read more »
TC Energy's US$15B Keystone XL claim thrown out by trade tribunalCALGARY — A free trade arbitration tribunal has tossed out TC Energy Corp.'s claim that it is owed US$15 billion in damages as a result of U.S. President Joe Biden's cancellation of the Keystone XL pipeline permit.
Source: PGCitizen - 🏆 65. / 51 Read more »
TC Energy's US$15B Keystone XL claim thrown out by trade tribunalCALGARY — A free trade arbitration tribunal has tossed out TC Energy Corp.'s claim that it is owed US$15 billion in damages as a result of U.S. President Joe Biden's cancellation of the Keystone XL pipeline permit.
Source: SooToday - 🏆 8. / 85 Read more »