Remove 2016 Remove Asia Remove Oil-Sands Remove Price
article thumbnail

Government of Canada to buy Trans Mountain Pipeline System and Expansion Project for C$4.5B, resume planing and construction

Green Car Congress

The 1,150-km (714-mile) Trans Mountain pipeline system (TMPL) is the only pipeline system in North America that transports both crude oil from the oil sands and refined products to the west coast. On 29 November 2016, the Government of Canada granted approval for the Trans Mountain Expansion Project. billion (US$3.46

Canada 199
article thumbnail

Canada approves Northern Gateway pipeline project subject to 209 conditions; First Nations will go to court

Green Car Congress

The project would be capable of carrying 525,000 barrels per day of oil sands crude from Edmonton, Alberta to Kitimat on the British Columbia coast and more than 190,000 barrels per day of condensate back from Kitimat to Edmonton. The JRP’s recommendation was subject to 209 conditions. —Al Monaco.

Canada 218
article thumbnail

Annual global oil & gas capital expenditure to pass $1-trillion mark in 2012

Green Car Congress

Increased activity in the Exploration and Production (E&P) sector will be the primary driver in pushing oil and gas capital expenditure (capex) to $1.039 trillion for 2012, according to the latest report by business intelligence firm GlobalData. GlobalData predicts Asia-Pacific to follow very closely with a capex of $253.1

Oil 210