oil and gas

2:20PM
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Kinder Morgan stopped all “non-essential spending” on the $7.4 billion project due to regulatory, legal and political barriers.


3:38PM
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Capital investment in Canada’s oil and gas sector declined by an estimated 44 per cent from 2014 to 2017.


2:02PM
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The proposed Enbridge Line 3 pipeline would carry 760,000 barrels per day from Alberta to Wisconsin.


4:05PM
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Cenovus recently announced it will cut production from some of its oilsand projects.


3:28PM
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The recent move by Kinder Morgan on the Trans Mountain pipeline was a massive blow to Canada’s investment attractiveness.


3:13PM
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Without adequate access to pipelines—the cheaper and safer mode of transportation—there has been a shift to more crude-by-rail.


9:53AM
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The federal carbon-price scheme raises Alberta’s carbon tax to $50 per tonne by 2022.