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flag South Bow cuts crude trading team, shifting focus to pipeline contracts to secure earnings.

flag Canadian energy company South Bow is cutting its crude trading team and focusing on pipeline contracts. flag This shift aims to secure 90% of its earnings through committed deals in 2025, following the expansion of the Trans Mountain pipeline, which has reduced trading opportunities. flag The move has led to layoffs and is expected to negatively impact marketing earnings by $30 million this year.

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