TC Energy Corp. has completed its spinoff of South Bow Corp., its crude oil pipelines business, as an independent company. TC Energy Corp. headquarters is shown in Calgary on Tuesday, July 30, 2024. /The Canadian PressPhoto by Todd Korol

TC Energy launches South Bow Corp. as independent crude oil pipeline business

· Calgary Herald

CALGARY – TC Energy Corp. has completed its spinoff of South Bow Corp., its crude oil pipelines business, as an independent company.

TC Energy launches South Bow Corp. as independent crude oil pipeline business Back to video

The new company, which will be headquartered in Calgary with an office in Houston, will be led by Bevin Wirzba, formerly the executive vice-president for TC Energy’s natural gas and liquids pipelines business.

South Bow will run TC Energy’s crude oil pipelines business, including the critical Keystone pipeline system.