Row engulfs Canadian oil sands project
Battle lines are drawn as the contentious Frontier project awaits ultimate verdict
A political squabble has broken out over the Canadian federal cabinet’s pending decision on the large-scale Frontier oil sands mine proposed for northern Alberta by Vancouver-based miner Teck Resources. The cabinet is divided on a final decision, as federal lawmakers attempt to balance the country’s need for natural resource development with its international commitments on climate change. The Alberta provincial government has, in turn, been muttering darkly of dire economic and political consequences if Ottawa says no. A joint federal-provincial review panel found the C$20.6bn (US$15.5bn) Frontier mine to be in the public interest last July. But that was before Prime Minister Justin Trude
Also in this section
28 March 2024
As a gas supply shortfall looms, balancing regulatory flexibility with energy security and investor confidence will be critical
27 March 2024
Oil producers have to untangle the increasingly complicated relationship with their natural resources
26 March 2024
Strategic stocks have become as much a market management tool as a security of supply buffer, and this new tactic is likely to continue beyond the next election
25 March 2024
Low carbon intensity and sizeable projects such as Johan Castberg coming onstream in late 2024 suggest a robust outlook at least until 2030