March 2, 2026
CALGARY, March 2 (Reuters) – A proposal led by Canadian company South Bow (SOBO.TO), opens new tab to revive parts of the cancelled Keystone XL oil pipeline could increase Canada’s crude exports to the U.S. by more than 12%, if it gets a green light from U.S. President Donald Trump and additional links to U.S. refining hubs are built.
The new proposal involves a different route through the U.S. than the previous Keystone XL pipeline project cancelled by former U.S. President Joe Biden in 2021 after years of Indigenous and environmental opposition.
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