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).

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The decision to expand our Houston Tank Terminal from two to four storage tanks is an example of TC Energy meeting our suppliers’ needs today, while anticipating the crude oil market demands of tomorrow. The two additional tanks that opened for business at our Gulf Coast tank terminal gives TC Energy’s Liquids business unit and our customers greater flexibility to store and move different grades of oil more quickly and efficiently in the Gulf Coast region.

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TransCanada Corporation today launched an open season to solicit binding commitments from interested parties for transportation of crude oil on the Marketlink Pipeline System from Cushing, Oklahoma to markets on the U.S. Gulf Coast.

For all the book-lovers out there seeking your next good read – look no further than Russ’ Reading List! TC Energy’s President and CEO Russ Girling is sharing his book recommendations and reasons for why he can’t stop turning the pages. From books that relate to the energy industry and business to some of his personal favourites, make sure to add these to your own reading lists and crack one open to celebrate National Book Lovers Day.