Canada to boost crude oil exports to the US by nearly 1m bpd
Calgary-based TC Energy Corp announces plans to proceed with the construction of its 1,210-mile, 830,000 bpd Keystone XL crude oil export pipeline
TC Energy made the announcement as Canada’s petroleum industry attempts to weather a massive drop in prices due to demand destruction wrought by the coronavirus pandemic and oversupply as Russia and Saudi Arabia engage in a price war