StocksMedium•10 November 2026•
1 min read
TC Energy Approves $2B Pipeline Expansion Projects
Key Facts
1TC Energy approved approximately $2 billion in U.S. pipeline expansion projects to meet rising power demand.
2The company greenlit the C$4.9 billion Coastal GasLink Phase 2 expansion in Canada to support LNG export growth.
TC Energy approved approximately $2 billion in U.S. pipeline expansion projects to meet rising power demand. According to Zacks, the company also greenlit the C$4.9 billion Coastal GasLink Phase 2 expansion in Canada to support LNG export growth.
The expansions are driven by increasing power demand from AI data centers and the growth of LNG export markets. Shares of TRP closed at $62.83 on November 9, 2026, having reached a session high of $63.36.
The OPEC Monthly Report is scheduled for release on November 11, 2026, which will provide further context for global energy markets as the company proceeds with these infrastructure investments.