Canada's pipeline paralysis hits Trudeau hard
A Canadian court has blocked plans for a pipeline expansion
Plus ç a change, plus c'est la même chose, goes an old French proverb. In the case of the Trans Mountain pipeline expansion (TMX) it's more a case of deja vu all over again after a federal court judge effectively quashed approvals for the C$7.5bn ($5.75bn) conduit, which would have tripled existing oil sands capacity to the country's west coast to 0.8m barrels a day. In its decision, the court ruled the federal government failed to consult Aboriginal communities living along the 1,150 km route to the sea. It's a huge blow for pipeline proponents who have spent much of the past five years fighting protests to wring permits from various levels of government. No matter that TMX coasted through
Also in this section
11 September 2024
But the young nation may have to go through a fallow period before that project comes online as the Bayu-Undan field nears exhaustion
10 September 2024
The August/September issue of Petroleum Economist is out now!
10 September 2024
The third part in the second chapter of our history of oil looks at the US shale revolution and ‘declaration of cooperation’ that created OPEC+
9 September 2024
We pick up the story of the history of oil with the response of consumer countries to the 1973 embargo, with the creation of the IEA proving the adage that every action has a reaction