<\/p>\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t2:06<\/time>Trump signs order to revive parts of Keystone XL pipeline<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t<\/span>
South Bow is within the midst of weighing bids for a possible latest project called Prairie Connector, which might ship oilsands crude to the Canada-U.S. border and onto U.S. destinations.<\/p>\n
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Get weekly money news<\/h2>\n Get expert insights, Q&A on markets, housing, inflation, and private finance information delivered to you each Saturday.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n
Prairie Connector could use dormant pipe that had been meant for the defunct Keystone XL expansion project, which was scuttled amid intense environmental and political opposition several years ago.<\/p>\n
Keystone XL was pursued by TC Energy Corp., which spun off its oil pipeline business to form South Bow in 2024.<\/p>\n
U.S. President Donald Trump recently granted a permit to a separate proposal by Bridger Pipeline LLC linking Wyoming to the Canada-<\/p>\n
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U.S. border. That pipeline could link up with Prairie Connector.<\/p>\n
This represents a meaningful development within the permitting process for cross-border energy infrastructure and one which has understandably attracted its justifiable share of attention,\u201d said South Bow CEO Bevin Wirzba.<\/p>\n
\u201cThat said, we’re continuing to work diligently to make sure any project we advance is inside our risk preferences and that risks are allocated appropriately among the many parties best positioned to administer and mitigate them.\u201d<\/p>\n
So far as what form a possible partnership might take, Wirzba said, \u201cWe\u2019re still baking the cake on a couple of elements of that.\u201d<\/p>\n
To be comfortable making a final investment decision on Prairie Connector, it could must nail down the \u201ctypical elements\u201d like its contracting strategy, supply chain, procurement and value estimates, Wirzba said.<\/p>\n
But it surely doesn\u2019t end there.<\/p>\n
\u201cWe want to be certain that we manage and mitigate any last-mile risk that might occur on the project in the longer term,\u201d Wirzba said.<\/p>\n
\u201cWe\u2019re seeing great alignment among the many regulatory environment in each Canada and america, but we cannot expose our shareholders to risks that they can not bear, nor can we.\u201d<\/p>\n
Late Thursday, South Bow posted first-quarter net income of US$77 million, down from US$88 million in the course of the same period of 2025.<\/p>\n
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The profit amounted to 37 cents US per share versus a year-earlier 42 cents US.<\/p>\n
South Bow, which keeps its books in U.S. dollars, reported its revenue fell to US$491 million from US$498 million.<\/p>\n
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<\/p>\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t2:20<\/time>Business Matters: Canadian oil patch ready for brand new deals<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t<\/span>
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\n\t\t© 2026 The Canadian Press\t<\/p>\n<\/div>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Executives at South Bow Corp. say customers have been clamouring to ship more oil on the southern leg of its pipeline network. Richard Prior, South Bow\u2019s chief operating officer, says recent geopolitical turmoil has driven a rise in demand for more oil exports, including via the U.S. Gulf Coast. South Bow operates the Keystone system […]<\/p>\n","protected":false},"author":1,"featured_media":331640,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20691],"tags":[931,32137,6113,4532,22661,2667,21519,3685,2424,3761],"class_list":["post-331639","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","tag-bow","tag-calgarybased","tag-coast","tag-demand","tag-gulf","tag-oil","tag-shipments","tag-south","tag-strong","tag-u-s"],"aioseo_notices":[{"message":"The permalink for this post just changed! This could result in 404 errors for your site visitors.","status":"warning","options":{"id":"0a2ae5f84bc2c0423042ed7ec22d2e40","isDismissible":true,"actions":[{"url":"https:\/\/ebiztoday.news\/wp-admin\/admin.php?page=aioseo-redirects","label":"Add Redirect to improve SEO","class":"aioseo-redirects-slug-changed"}]},"allowedContexts":["posts"]}],"_links":{"self":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/331639","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/comments?post=331639"}],"version-history":[{"count":2,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/331639\/revisions"}],"predecessor-version":[{"id":331642,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/331639\/revisions\/331642"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media\/331640"}],"wp:attachment":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media?parent=331639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/categories?post=331639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/tags?post=331639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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