Donald Trump has vowed that as president he would work with the company on a reapplication for a border-crossing permit. | AP Photo Keystone XL pipeline builder eager to work with Trump

The Canadian company behind the Keystone XL oil pipeline said Wednesday that it will work with President-elect Donald Trump on reviving the Canada-to-U.S. project, which outgoing President Barack Obama rejected one year ago this week.

"TransCanada remains fully committed to building Keystone XL," company spokesman Mark Cooper said in a statement today.


Trump has vowed that as president he would work with the company on a reapplication for a border-crossing permit, while adding he would seek "a piece of the profits" for U.S. taxpayers.

"We are evaluating ways to engage the new administration on the benefits, the jobs and the tax revenues this project brings to the table," Cooper said.

The company spent seven years pursuing U.S. approval of Keystone, which would have funneled heavy crude oil from western Canada to refineries along the Gulf Coast. Obama's rejection of the project followed a furious lobbying, advertising and advocacy battle between climate activists and the fossil fuel industry, making it one of the green movement's hugest victories of his presidency.