TransCanada had been looking for a new site for a terminal in Quebec since April, when the company announced it had dropped its planned site at Cacouma due to opposition from local environmentalist groups. The company confirmed that its Energy East pipeline will still connect with the Suncor and Valero refineries in Quebec.
The Energy East project will see the construction of a 4,600-kilometre pipeline that will transport crude produced in the western provinces of Alberta and Saskatchewan to refineries and export terminals in eastern Canada. The pipeline is being designed for a throughput capacity of 1.1 million barrels of oil per day and is scheduled to go on stream by 2020.
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Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More
Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More
Seatrium has been awarded a contract by SBM Offshore for the topsides fabrication and integration of an additional FPSO vessel… Read More
Diamond Offshore has secured a USD 350-million extension for an ultra-deepwater drillship deployed for Anadarko Petroleum in the US Gulf… Read More
ExxonMobil has made a discovery in the Angolan deepwater, the country's energy regulator announced on Monday Read More
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