TC Energy CEO sees opportunity in Trump win as company refocuses on natural gas

  • 📰 SooToday
  • ⏱ Reading Time:
  • 62 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 85%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

CALGARY — Donald Trump's return to the White House is good news for Canada's energy sector and an opportunity for TC Energy Corp., the CEO of the Calgary-based pipeline company said Tuesday.

CALGARY — Donald Trump's return to the White House is good news for Canada's energy sector and an opportunity for TC Energy Corp., the CEO of the Calgary-based pipeline company said Tuesday.

As a company, TC Energy has already seen first-hand how business can flourish or be derailed by political winds south of the border. South Bow"supports efforts to transport more Canadian crude oil to meet U.S. demand," the company said in an emailed statement provided Tuesday by spokeswoman Katie Stavinoha.But Poirier said the Alberta government has already reached out to TC in the wake of the U.S. presidential election, keen to see if that project could be revived or if there are other ways to increase Alberta's oil and gas pipeline export volumes to the U.S.

For TC Energy, a second Trump administration is timely because it coincides with what is already a renewed focus on natural gas for the company. The spin-off of South Bow was designed to enable TC Energy to pursue a natural gas-focused strategy at a time when the company sees growing demand for the commodity.

Approximately two-thirds of the 350 or so data centres currently proposed or under construction in North America are within 50 miles of TC Energy's assets, Poirier said, meaning the company is uniquely poised to benefit from the AI boom by supplying much-needed natural gas infrastructure to the power-hungry industry.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 8. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Trump picks oil industry CEO Chris Wright as energy secretaryWright has called climate change activists alarmist and has likened efforts by Democrats to combat global warming to Soviet-style communism
Источник: globeandmail - 🏆 5. / 92 Прочитайте больше »

TC Energy CEO sees opportunity in Trump win as company refocuses on natural gasTC Energy Corp. announced it is going ahead with a total of about $1.5 billion in capital spending across four new projects.
Источник: BNNBloomberg - 🏆 83. / 50 Прочитайте больше »