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South Bow Corp. reports higher Q2 profits despite a costly oil spill and pipeline shutdown.
Pipeline operator South Bow Corp. reported a second-quarter net income of $96 million, up from $88 million the previous year.
The company's earnings per share rose to 46 cents from 42 cents.
South Bow experienced a 3,500-barrel oil spill in April, causing a week-long shutdown of its Keystone pipeline.
The cleanup cost around $60 million, expected to be covered by insurance.
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South Bow Corp. reporta mayores ganancias del segundo trimestre a pesar de un costoso derrame de petróleo y el cierre del oleoducto.