TC Energy’s US$15B Keystone XL claim thrown out by trade tribunal

TC Energy's $15B Keystone XL legal claim against U.S. government thrown out

The nearly two-decade-long oil pipeline saga surrounding the failed Keystone XL pipeline is nearing an end as Calgary-based TC Energy has lost its bid to recoup $15 billion from the U.S. government.

TC Energy's US$15B Keystone XL claim thrown out by trade tribunal

TC 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.

TC Energy’s US$15-billion Keystone XL claim thrown out by trade tribunal

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

TC Energy’s US$15B Keystone XL claim thrown out by trade tribunal

CALGARY — 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. TC Energy launched a claim in 2021 under the legacy rules tied to the old North American Free Trade Agreement, or NAFTA, because of what it said was the U.S. government’s breach of its free trade obligations. TC Energy proposed the Ke…

TC Energy's US$15B Keystone XL claim thrown out by trade tribunal

CALGARY — TC 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. The Calgary-based company launched the claim in 2021 to seek compensation after its proposed Keystone XL pipeline project was scuttled by U.S. President Joe Biden. The […]

TC Energy's $15-billion Keystone XL lawsuit gets thrown out

Calgary-based TC Energy recently lost its US$15-billion arbitration case against the U.S. government over the Keystone XL pipeline, much to the relief of environmentalists.