-- US President Donald Trump approved a Keystone XL revival plan, granting a permit for a 645-mile pipeline that could lift Canadian crude exports to the US by over 12%, multiple media outlets reported Thursday.
Trump reportedly signed a cross-border permit allowing a project to move Canadian crude from the US-Canada border to Wyoming.
South Bow, a Canadian pipeline firm, and its US partner, Bridger Pipeline, are leading the project, which requires a presidential permit to move forward, the reports said.
The proposal follows a new US route, replacing the earlier Keystone XL plan that former President Joe Biden canceled in 2021 after environmental and Indigenous opposition.
The project will still use sections of pipe already built in Canada, where the Keystone XL system had secured full approvals before cancellation, according to the reports.
South Bow, created in 2024 by TC Energy to manage its pipeline business, is overseeing development alongside Bridger Pipeline.
Bridger Pipeline proposed the pipeline from Phillips County, Montana, to Guernsey, Wyoming, capable of transporting up to 550,000 barrels per day, the reports added.
Analysts said Guernsey lacks refining demand, so developers must build further connections to hubs such as Cushing, Oklahoma, Patoka, Illinois, and the US Gulf Coast, while securing additional state permits, the reports said.
The White House did not immediately respond to' request for comments.