TC Energy Names Ex-CEO as Chair of Oil Pipeline Business
10/13/2023
(Reuters) — Canadian pipeline operator TC Energy on Thursday named industry veteran and former CEO Hal Kvisle as the chair of its oil pipeline unit.
Kvisle was the chief executive of the company between 2001 and 2010, when it was known as TransCanada Corp.
TC Energy said in July it would spin off its oil pipeline business and focus on transporting natural gas, saying the businesses would be more valuable apart.
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Pipeline Project Spotlight
Owner:
East African Crude Oil Pipeline Company
Project:
East African Crude Oil Pipeline (EACOP)
Type:
TotalEnergies in discussions with a Chinese company after Russian supplier Chelpipe was hit by sanctions.
Length:
902 miles (1,443 km)
Capacity:
200,000 b/d
Start:
2022
Completion:
2025
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