10:54:37 EDT Mon 13 Jul 2026
Enter Symbol
or Name
USA
CA



South Bow Corp
Symbol SOBO
Shares Issued 208,584,627
Close 2026-07-10 C$ 51.11
Market Cap C$ 10,660,760,286
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Globe/CP say South Bow settles with U.S. on oil spill

2026-07-13 08:16 ET - In the News

Also In the News (C-TRP) TC Energy Corp

The Globe and Mail reports in its Saturday edition that the U.S. Justice Department has reached a settlement agreement with pipeline company South Bow over a 2022 rupture of the Keystone pipeline that spilled nearly 13,000 barrels of oil in northern Kansas. A Canadian Press dispatch to The Globe says that under the deal, the Calgary company will pay a civil penalty of $26.9-million related to allegations it violated the Clean Water Act (all figures U.S.). South Bow has also agreed to spend about $40-million to complete work to prevent similar problems in the future and pay $3-million to the state for natural resource restoration projects. In a news release Friday, the Justice Department said it was one of the largest inland oil spills in recent history and the largest from the Keystone pipeline system, which runs from Hardisty, Alta., to Port Arthur, Tex. Crude oil more than two centimetres thick covered Mill Creek bank-to-bank for 5.6 kilometres from the rupture site. More than 2,700 animals were killed or harmed. The company said Friday that it "proactively initiated corrective actions" before it received formal directives from U.S. authorities. That included site cleanup, which was completed in February, 2024.

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