trending Market Intelligence /marketintelligence/en/news-insights/trending/mmYbUJeEuk4Xm56wD83_zQ2 content esgSubNav
In This List

Report: TC Energy declares force majeure on Keystone pipeline due to snowstorm

Blog

Despite turmoil, project finance remains keen on offshore wind

Case Study

An Energy Company Assesses Datacenter Demand for Renewable Energy

Blog

Japan M&A By the Numbers: Q4 2023

Video

See the Big Picture: Energy Transition in 2024


Report: TC Energy declares force majeure on Keystone pipeline due to snowstorm

TC Energy Corp. declared force majeure on its Keystone crude oil pipeline shipments after a snowstorm affected its operations in Manitoba, Reuters reported Oct. 16, citing a statement from the company.

"Due to the recent storm in Manitoba over the weekend, we did declare force majeure as the province declared a state of emergency," a TC Energy spokesperson told Reuters. "We are currently operating at reduced flows."

The impact of the force majeure on volumes is not immediately clear, Reuters said.

Keystone's flows were disrupted when the snowstorm cut off power to three to four pump stations in Manitoba, Reuters reported, citing unnamed sources.

The 590,000-barrel-per-day pipeline transports crude from Alberta to U.S. refining markets in Illinois, Oklahoma and the Gulf Coast area.