Canada tanker ban threatens pipeline
Canada The 1,100-kilometre pipeline would link Edmonton and Kitimat on the coast of British Columbia, making the ban on tanker traffic critical for the project’s future.
The twin pipeline was initially going to transport crude oil extracted from oil sands to the coast for export, and carry imported natural gas in the opposite direction.
The shortage of export pipelines in Canada adds to the frustration of oil and gas players about the stalled project, as their export destinations are limited to US refineries. US President Obama recently rejected the XL Keystone pipeline project that would direct Canadian oil to exporters through the Gulf.
For more news and features about Canada, click here.
Recent Posts
Arrow Exploration spuds new well in Colombia
Arrow Exploration has spud a new production well on the Tapir block in Colombia’s Llanos Basin, the company announced on… Read More
Petronas makes discovery off Suriname
Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More
Japan’s JERA slates $32 billion for LNG, renewables, new fuels
Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More
Chevron planning UK North Sea exit
Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More
Seatrium wins yet more FPSO work in Guyana
Seatrium has been awarded a contract by SBM Offshore for the topsides fabrication and integration of an additional FPSO vessel… Read More
Diamond Offshore seals $350-million Gulf of Mexico deal
Diamond Offshore has secured a USD 350-million extension for an ultra-deepwater drillship deployed for Anadarko Petroleum in the US Gulf… Read More