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Pipelines, energy and natural resources

  • Thread starter Thread starter QV
  • Start date Start date


India wants out oil now too, despite the CEO of cenovus saying otherwise. The market definitely seems to be saying the time is now for more investment to export.
 
More good news on the LNG front.


2 First Nations in B.C. withdraw legal challenge of Ksi Lisims LNG project​


Gee, I wonder why... ;)

Make It Rain Money GIF
 

Trans Mountain pipeline in Canada hits full capacity two years after upgrade​


  • The 890,000-barrel-per-day pipeline, which carries oil from the province of Alberta to British Columbia's west coast, is at apportionment for the month of June.
  • Oil production in Canada, the world's fourth-largest crude producer, is growing, with output in 2026 expected to exceed last year's record of 5.3 million bpd.
  • Trans Mountain is currently planning several optimization projects, including the addition of drag-reducing agents and new ⁠pumping stations, which are expected to add 300,000 bpd of capacity to the system by the end of 2028.
  • Canadian heavy crude prices have improved sharply since the 2024 completion of the Trans Mountain expansion, which tripled the pipeline's capacity.
So in 18 months, TM will be shipping 1.2m bpd to the WC and beyond. Hopefully, by say 2032, we can add another 1-1.5m bpd to the WC.

 
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