TC Energy is seeking $15 billion in damages from the US government for the cancellation of the Keystone XL pipeline project, having filed a formal request for arbitration under the North American Free Trade Agreement. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The filing late Nov. 22, which had been expected, shows TC Energy is moving forward in its bid to recoup costs after President Joe Biden yanked the federal permitting for the project on his first day in office in January, fulfilling a campaign promise and bringing to an end a decade-old pipeline proposal that had become the epicenter of the environmentalist fight against fossil fuels and the Canadian oil sands. TC Energy recorded a roughly $1.8 billion impairment charge for Keystone XL in May and formally terminated the project in June. The roughly $9 billion Keystone XL project was designed […]