BILLINGS, Mont. — An executive for the company proposing the Keystone XL pipeline from Canada's oil sands into the U.S. says it has missed the 2019 construction season due to court delays.
TransCanada executive vice president Paul Miller made the statement during a Friday earnings call with analysts. The company also announced it was changing its name, to TC Energy Corp.
Plans to begin construction of the long-delayed pipeline were blocked last November when a federal judge in Montana ordered additional environmental reviews of the project.
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President Donald Trump has been trying to push it through. He issued a new permit for Keystone last month.
The $8 billion line would carry up to 830,000 barrels of crude daily, along a route stretching from Canada to Nebraska.
The Nebraska Supreme Court is expected to rule later this year on Keystone XL's proposed route through the state.