Energy
 

January 19, 2020

 
 
Top news
 
Supreme Court dismisses B.C. bid to limit heavy oil shipments across the province
Supreme Court dismisses B.C. bid to limit heavy oil shipments across the province
 

Justine Hunter

The Supreme Court of Canada has unanimously dismissed British Columbia’s bid to control the amount of heavy oil shipped across the province, eliminating the provincial government’s opposition to the expansion of the Trans Mountain pipeline as an obstacle to the project.

 
After a one-day hearing, the bench deliberated for less than half an hour before Chief Justice Richard Wagner announced the decision, upholding a lower court ruling that what B.C. is proposing would be unconstitutional because only Ottawa has oversight of the federally owned and regulated Trans Mountain pipeline, or TMX.

 
 
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Oil price update
 
Oil steadies as Chinese economy offsets trade optimism
  Oil steadies as Chinese economy offsets trade optimism
 

Stephanie Kelly

Oil prices steadied on Friday as sluggish economic growth in China, the world’s biggest crude importer, raised concerns over fuel demand and countered optimism from the signing of a China-U.S. trade deal.

 
 
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Latest posted news
 
  Federal government not planning to sell Trans Mountain so long as legal risks remain
 
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  Western Canada cold snap disrupting oil production and refining
 
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  Australia’s big bet on coal is about to go from economic saviour to liability as the country burns
 
Full Story
 
  With drop in LNG prices, Sinopec to review potential US$16-billion deal with Cheniere, sources say
 
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Alberta’s oil patch is taking it on the chin again, and the prime suspect is still the lack of pipelines
 
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