Trudeau picks up the pipeline dossier
The Canadian government is banking on its clout being sufficient to remove obstacles to a long-delayed oil export project
Faced with critical export constraints and a rising tide of oil sands crude, Canada's government has chosen an unusual and controversial step. It has decided to take over the troubled TransMountain pipeline to steer it through an increasingly complicated political and regulatory morass of its own making. In May, the cabinet opted to purchase the entire project from Kinder Morgan Canada for C$3.7bn ($2.8bn). With it come obligations to spend another C$8bn to triple capacity to a much-needed 900,000 barrels a day and potentially open new offshore markets in Asia. Overnight, Canadian taxpayers find themselves the proud owners of an ageing 1,150km (932-mile) mainline to the British Columbia coas
Also in this section
9 January 2026
The Latin American producer’s crude prospects rely on a multi-pronged approach where even the relatively easy wins will take considerable time, effort and cost
9 January 2026
While many forecasters are reasserting the importance of oil and gas, petrostates should be under no illusion things are changing, and faster than they might think
8 January 2026
Indonesia and Malaysia are at the dawn of breathtaking digital capabilities. Their energy infrastructure must keep up with their ambitions
8 January 2026
The next five years will be critical for the North Sea, and it will be policy not geology that will decide the basin’s future






