TC Energy Splitting Company in Two – Oil & Gas Pipes Separated
TC Energy, formerly TransCanada Corporation, has been in the news all week. Tuesday morning, a portion of the Columbia Gas Transmission pipeline (owned by TC Energy) in rural western Virginia exploded and caught fire (see Columbia Gas Pipeline Near Interstate 81 in Va. Explodes, Big Fire). A day later, TC Energy announced it is selling a 40% stake in Columbia Gas Transmission to Global Infrastructure Partners for $3.9 billion (see TC Energy Sells 40% Interest in Columbia Pipeline to Investor GIP). And now, yesterday, TC dropped a bomb: It intends to split the company in two. TC Energy will continue to focus on natural gas pipelines and related infrastructure. At the same time, it will spin off and create a brand new company that owns and focuses on liquids (i.e., crude oil) pipelines.
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Columbia Gas Transmission pipeline is in the news–all over the place. Yesterday we told you about TC Energy’s plan to sell a 40% stake in the Columbia Pipeline (owned by TC) to Global Infrastructure Partners for $3.9 billion (see 
TransCanada Corporation, which renamed itself TC Energy in 2019, bought out/merged in U.S.-based Columbia Pipeline Group (now Columbia Gas Transmission) in 2016 (see 
It is so maddening and frustrating to live and (if you are a business), operate in New York State. We have one-party rule: The radical leftwing of the Democrat Party. Former Gov. Andrew Cuomo (a lecher and liar) and current Gov. Kathy Hochul (Lt. Governor under Cuomo) are completely controlled by the radical environmental movement. Cuomo/Hochul’s latest target is to block the expansion of two compressor stations along the Iroquois Gas Transmission pipeline, preventing an additional 125 MMcf/d (million cubic feet per day) of Marcellus/Utica gas flowing into New York City and New England.
TransCanada Corporation, which renamed itself TC Energy in 2019, made a play for and bought out/merged in U.S.-based Columbia Pipeline Group in 2016 (see 
Last August, Columbia Gas Transmission (a subsidiary of TC Energy) filed with the Federal Energy Regulatory Commission (FERC) to build the Virginia Reliability Project (VRP), which includes two new compressor units and the replacement of 49 miles of existing pipeline (see 
One of the world’s largest chemical companies, the Chemours Company (which you used to know as DuPont), along with TC Energy (which you used to know as TransCanada), announced a memorandum of understanding (MOU) for the potential development of two electrolysis-based hydrogen production facilities at or near Chemours’ Washington Works and Belle manufacturing sites in West Virginia. Both companies are part of the effort to attract a hydrogen hub to West Virginia called Appalachian Regional Clean Hydrogen Hub (ARCH2). The financial terms of the Chemours/TC Energy deal were not disclosed.
Two days ago, MDN told you that the Apostle of LNG, Toby Rice (CEO of EQT), had convinced his buddies at Williams and TC Energy (two pipeline companies) to join him in his latest effort to push for more U.S. LNG exports (see 
EQT CEO Toby Rice has been and is on a mission to spread the gospel of LNG (see 
In October 2020, the Federal Energy Regulatory Commission (FERC) finally, after months of dithering, approved TC Energy to begin construction on its Louisiana XPress project to beef up flows along the existing Columbia pipeline system by an additional 850 million cubic feet per day (MMcf/d) by adding three new compressor stations and expanding a fourth compressor in Louisiana (see 
There is a very dangerous thing happening across the country. If you happen to have an opinion, a viewpoint, that’s different from the socialist left–and if you want to express that opinion in social media, via paid ads, etc., the left wants it shut down, calling it “dangerous.” You see, the socialist left can’t compete in the marketplace of free and open ideas and tolerance. Leftists are the most intolerant among us. Case in point: the group Natural Allies for a Clean Energy Future (founded in 2010) promotes information about the useful role of natural gas and the pipelines that flow it–and those ads target (among others) black and Latino voters. The ads are effective, so the socialist left is attempting to shut them down–kill free speech.
Columbia Gas, a subsidiary of Canada-based TC Energy (formerly TransCanada), wants to build a tiny 3.37-mile, 8-inch pipeline under the Potomac River from Maryland to West Virginia. The Eastern Panhandle Expansion, as it is called, is being blocked by the lefties in Maryland (see