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South Bow Cuts Trading Team to Boost Contracted Pipeline Shipments
Calgary-based pipeline company South Bow reduced its crude trading team from five to two employees to increase contracted oil shipments, projecting a $30 million EBITDA loss for its marketing unit in 2025 due to decreased trading opportunities after the Trans Mountain pipeline launch.
South Bow Cuts Trading Team to Boost Contracted Pipeline Shipments
Calgary-based pipeline company South Bow reduced its crude trading team from five to two employees to increase contracted oil shipments, projecting a $30 million EBITDA loss for its marketing unit in 2025 due to decreased trading opportunities after the Trans Mountain pipeline launch.
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