Reuters
29 May 2026, 15:46 UTC · 4h ago
Source · https://www.reuters.com/business/energy/south-bow-targets-2027-decision-canada-us-oil-pipeline-revival-2026-05-29/
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South Bow has secured the necessary shipper commitments to advance the proposed partial revival of the Keystone XL pipeline. — Securing shippers is a critical prerequisite for project viability and signals a tangible step toward resuming oil export capacity.
+0.40South Bow will make a final decision on whether to proceed with the project by mid-2027. — The extended timeline creates a multi-year waiting period, limiting immediate market catalysts and introducing long-term regulatory or political uncertainty.
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The company has secured the necessary shipper commitments to potentially advance the Keystone XL pipeline project.
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