Our thoughts are with more than 45,000 people who have been evacuated from their homes due to hundreds of active wildfires burning in British Columbia, which have already burned more than 200,000 hectares (2,000 square km or 772 square miles).

TC Energy Corporation (TC Energy) announced today that it has entered into an agreement to sell its U.S. midstream assets held by its subsidiary, Columbia Midstream Group, to UGI Energy Services, LLC, a subsidiary of UGI Corporation (NYSE: UGI), for approximately US$1.275 billion (Cdn$1.7 billion).

TransCanada Corporation announced today that it will move forward with a $1.5 billion expansion of its NOVA Gas Transmission Ltd. (NGTL) System to connect existing and new supply to incremental intra-basin market demand.