WINNIPEG, Manitoba—TransCanada Corp restarted a section of the Keystone oil pipeline on Feb. 19, following a leak in Missouri earlier this month, company spokesman Terry Cunha said.
TransCanada had shut an arm of Keystone from Steele City, Neb., to Patoka, Ill., on Feb. 6 after leaking 43 barrels of crude oil.
The shutdown restricted the flow on the 590,000 barrels-per-day Keystone pipeline system, a critical artery taking Canadian crude from northern Alberta to refineries in the U.S. Midwest.
The line restarted with a 20% reduction of pressure, a spokesman for the U.S. Pipeline and Hazardous Materials Safety Administration said.
TransCanada shares finished up 0.3% at C$56.90 in Toronto.
Recommended Reading
CGG, Baker Hughes Sign MOU for CCS Projects
2024-05-08 - The memorandum of understanding between CGG and Baker Hughes will bring the companies’ complimentary skillsets together to explore carbon capture and sequestration solutions.
Equinor Acquires Stake in Standard Lithium Smackover Projects
2024-05-08 - Equinor’s transaction, completed effective May 7, includes interests in Standard Lithium’s flagship South West Arkansas Project and East Texas properties.
Crescent Point Divests Non-core Saskatchewan Assets to Saturn Oil & Gas
2024-05-07 - Crescent Point Energy is divesting non-core assets to boost its portfolio for long-term sustainability and repay debt.
Permian Resources Adds More Delaware Basin Acreage
2024-05-07 - Permian Resources also reported its integration of Earthstone Energy’s assets is ahead of schedule and raised expected annual synergies from the deal.
Evolution Petroleum Sees Production Uplift from SCOOP/STACK Deals
2024-05-07 - Evolution Petroleum said the company added 300 gross undeveloped locations and more than a dozen DUCs.