Prairie Connector Pipeline
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Keystone XL Revival Gains Momentum as New Pipeline Plan Emerges
Yahoo Finance· 2026-03-11 19:00
Group 1 - The revival of the oil pipeline project by South Bow Corp aims to increase Canada's crude exports by 12% and requires approval from President Trump [4][5] - The Keystone pipeline was initially proposed in 2008 to transport 830,000 barrels per day but faced multiple regulatory challenges leading to its cancellation [2][3] - The new pipeline, named Prairie Connector, will take a different route and is planned to extend from Hardisty, Alberta, to US delivery hubs including Cushing, Oklahoma, and the Gulf Coast [5][6] Group 2 - South Bow Corp is currently engaging with local farmers and ranchers in southwest Saskatchewan to re-survey land along the original Keystone XL pipeline route [7] - The company has launched an open season for the proposed Prairie Connector pipeline, which will assess commercial support until March 30 [7] - TC Energy spun off the oil pipeline component to South Bow in 2024 to focus on natural gas and power [1]