Industry Risks NGL Overbuild as Growth Slows
US NGL infrastructure has quietly transitioned from tight to overbuilt. While production continues to grow, the pace has moderated significantly…
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TC Energy on Energy Data Studio®
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Keystone Outage Could Be Holiday Gift for Midstreamers
On December 29, TC Energy’s (TRP) Keystone pipeline resumed operations on its Cushing pipeline segment, ending a three-week outage. The extended pipeline shutdown disrupted crude oil deliveries from Western Canada and could boost late-4Q earnings for some midstream companies.
TRP closed the Keystone segment on December 8 after detecting a leak near Steele City, NE. In its latest statement on the incident, TRP said it will operate the pipeline under “additional risk-mitigation measures,” which include 24/7 monitoring and reduced operating pressures.
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