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TC Energy Corp T.TRP

Alternate Symbol(s):  T.TRP.PR.A | TCEYF | T.TRP.PR.B | TRPEF | T.TRP.PR.C | TCANF | T.TRP.PR.D | TRPPF | T.TRP.PR.E | TRPRF | T.TRP.PR.F | TNCAF | T.TRP.PR.G | TCNCF | T.TRP.PR.H | TCENF | T.TRP.PR.I | TRP | T.TRP.PR.L

TC Energy Corporation is a Canada-based energy problem solver working to move, generate and store the energy in North America. Its segments include Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines and Mexico Natural Gas Pipelines, Liquids Pipelines and Power and Energy Solutions. The Company's business includes Energy Solutions, Natural Gas, Oil and Liquids and Power and Storage. The Natural Gas business includes its 93,300 kilometers (km) (57,900 miles) network of natural gas pipelines, which supplies more than 25 % of the clean-burning natural gas consumed daily across North America to heat homes, fuel industries and generate power. The Oil and Liquids business has its oil & liquids pipeline infrastructure, approximately 4,900 km, which connects Alberta crude oil supplies to United States refining markets in Illinois, Oklahoma, Texas and the United States Gulf Coast. Its portfolio of energy infrastructure assets includes investments in seven power generation facilities.


TSX:TRP - Post by User

Comment by TimeBuilderon Jul 25, 2023 3:30pm
250 Views
Post# 35556505

RE:when it rains, it pours

RE:when it rains, it pours
 

Copied for your Viewing Pleasure  ;>(((

TC Energy isolates Columbia gas line section in Virginia, declares force majeure

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TC Energy’s Columbia Gas Transmission Pipeline on Tuesday declared a force majeure after isolating a section of its ‘Line VB’ pipeline after detecting a pressure drop due to an unplanned incident along Interstate 81 in Strasburg, Virginia.

Canada’s TC Energy, best known for its Keystone oil pipeline, earlier said it was responding to a fire in the vicinity, but did not confirm if the pressure drop was caused by the fire.

No injuries have been reported, the company said.

“As a result of the pressure reduction, physical deliveries to the LOUDOUN LNG (LOUDOUN) interconnect have been impacted,” Columbia Gas said in a notice to shippers.

TC Energy said on Monday it will divest a 40% interest in its Columbia Gas Transmission and Columbia Gulf Transmission pipelines for C$5.2 billion ($3.95 billion) to Global Infrastructure Partners (GIP).

The pipelines span more than 15,000 miles and deliver a substantial portion of daily U.S. natural gas demand, including about 20% of U.S. liquefied natural gas (LNG) export supply, according to TC Energy.

U.S. listed shares of the company were down about 3% as of 12:20 p.m. EDT.

(Reporting by Brijesh Patel and Arpan Varghese in Bengaluru, additional reporting by Mrinalika Roy; Editing by Franklin Paul and Chizu Nomiyama)


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