BILLINGS, Montana (AP) - Pipeline sponsor Keystone XL said Wednesday it would shut down the controversial project after Canadian authorities failed to convince President Joe Biden to revoke its approval the day after he took office.
Calgary-based TC Energy said it will work with government agencies to ensure "safe completion and exit" of the partially constructed line that would transport crude oil from the oil sands fields in western Canada to Steele City, Nebraska.
Construction of the 1,930-kilometer (1,200-mile) pipeline began last year when former President Donald Trump relaunched the project, which had been delayed long after it stalled under the Obama administration.
It is said to have transported up to 830,000 barrels (35 million gallons) of crude oil per day and is connected to other pipelines in Nebraska that supply oil refineries on the US Gulf Coast. Learn more from The Wookly.