![](https://pipeline-online-v1688357189.websitepro-cdn.com/wp-content/uploads/2023/10/baseimage-2023-10-12T205617.455-1024x761.jpg)
Hal Kvisle speaks at the Global Business Forum in Banff, Alta., Thursday, Sept. 20, 2012. TC Energy Corp. is bringing back former chief executive Kvisle to serve as chair of the board of the the new liquids pipelines company it plans to spin off. THE CANADIAN PRESS/Jeff McIntosh
CALGARY — TC Energy Corp. is bringing back former chief executive Hal Kvisle to serve as chair of the board of the new liquids pipeline company it plans to spin off.
Kvisle was president and chief executive of TransCanada Corp., now named TC Energy, from 2001 to 2010.
TC Energy announced plans in July to split into two separate companies.
The plan will see TC Energy focus on natural gas infrastructure as well as nuclear, pumped hydro energy storage and new energy opportunities, while the new liquids pipeline company will focus on enhancing the value of its existing 4,900 kilometres of crude oil pipelines.
The new liquids pipeline business will be publicly traded and will be headquartered in Calgary, with an office in Houston.
The split is expected to be complete by the end of 2024.
This report by The Canadian Press was first published Oct. 12, 2023.
Companies in this story: (TSX:TRP)
The Canadian Press
- 0080 Turnbull Clarence 25 years0080 Turnbull Clarence 25 years
- 0078 LHOS 20240078 LHOS 2024
- 0077 Caprice Resources Stand Up For Free Speech0077 Caprice Resources Stand Up For Free Speech
- 0076 Latus only0076 Latus only
- 0063 Turnbull Excavating hiring crusher0063 Turnbull Excavating hiring crusher
- 0061 SIMSA 2024 For Sask Buy Sask0061 SIMSA 2024 For Sask Buy Sask
- 0058 Royal Helium Steveville opens anonymous rocket0058 Royal Helium Steveville opens anonymous rocket
- 0055 Smart Power Be Smart with your Power office0055 Smart Power Be Smart with your Power office
- 0051 JML Hiring Pumpjack assembly0051 JML Hiring Pumpjack assembly
- 0049 Scotsburn Dental soft guitar0049 Scotsburn Dental soft guitar
- 0046 City of Estevan This is Estevan0046 City of Estevan This is Estevan
- 0041 DEEP Since 2018 now we are going to build0041 DEEP Since 2018 now we are going to build
- 0032 IWS Summer hiring rock trailer music
- 0022 Grimes winter hiring
- 0021 OSY Rentals S8 Promo
- 0018 IWS Hiring Royal Summer
- 0013 Panther Drilling PO ad 03 top drive rigs
- 0011
- 0006 JK Junior
- 0002 gilliss casing services0002 gilliss casing services
- 9002 Pipeline Online 30 sec EBEX9002 Pipeline Online 30 sec EBEX
- 9001