Energy East gives Canadian producers a new option
Faced with increasing oil-sands output and delays to export pipelines to the US, Canada is moving ahead with a 1.1 million barrel a day (b/d) link from Alberta to the Atlantic coast. On 1 August, TransCanada, the country’s largest pipeline operator, said it has received firm commitments totalling 900,000 b/d for the C$12 billion ($11.6 billion), 4,000 km Energy East pipeline. TransCanada plans to file a formal application to the National Energy Board (NEB) in 2014, aiming for first oil deliveries to new marine terminals in Quebec and New Brunswick in late 2017. The terminus would be the country’s largest refinery, the 300,000 b/d Irving refinery, in Saint John, New Brunswick. If approved, th
Also in this section
11 August 2025
The administration is pushing for deregulation and streamline permitting for natural gas, while tightening requirements and stripping away subsidies from renewables
8 August 2025
The producers’ group missed its output increase target for the month and may soon face a critical test of its strategy
7 August 2025
The quick, unified and decisive strategy to return all the barrels from the hefty tranche of cuts from the eight producers involved in voluntary curbs signals a shift and sets the tone for the path ahead
7 August 2025
Without US backing, the EU’s newest sanctions package against Russia—though not painless—is unlikely to have a significant impact on the country’s oil and gas revenues or its broader economy
