oil pipeline

Alberta, Canada Advance New West Coast Oil Pipeline to Asian Markets

Alberta, Canada Advance New West Coast Oil Pipeline to Asian Markets

Calgary (Rajeev Sharma): The governments of Alberta and Canada have finalized major elements of the Alberta Canada Energy Memorandum of Understanding, paving the way for a new west coast oil pipeline that could begin construction as early as Sept. 1, 2027. The agreement, announced on May 15, 2026, is aimed at expanding Canada’s energy exports to Asian and global markets while reducing regulatory uncertainty for investors and industry partners. The proposed Indigenous co-owned pipeline would transport more than one million barrels of oil per day to a west coast export terminal, helping Canada diversify beyond reliance on a single energy…
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Carney Poised to Announce Deal With Alberta, Opening Door to New Pipeline and Policy Shift

Carney Poised to Announce Deal With Alberta, Opening Door to New Pipeline and Policy Shift

Ottawa (Rajeev Sharma): Prime Minister Mark Carney is expected to reveal a major agreement with Alberta on Thursday that could revive the possibility of a new oil pipeline to Canada’s West Coast. In return, Ottawa is preparing to introduce tougher environmental rules and ease some of its existing climate policies.Alberta Premier Danielle Smith has described the negotiations as a “grand bargain,” centred on advancing the Pathways Alliance carbon-capture project while also pushing ahead with a long-sought pipeline to the Pacific. The deal comes after months of back-and-forth between federal and provincial officials.Speaking in Ottawa a day before the announcement, Carney…
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