Thursday, October 9, 2025

Latest

Quebec Blocks Energy East Pipeline Revival Plans

Quebec Premier Francois Legault rejected on Tuesday the revival of the Energy East pipeline project, blocking plans to move western Canadian crude oil to eastern provinces. Legault told reporters he sees no path forward for the proposed pipeline, which would move more than 1 million barrels per day of crude oil from Alberta to New Brunswick.

The project would convert an existing natural gas pipeline to carry crude oil 2,900 miles from Hardisty, Alberta to Saint John, New Brunswick. Alberta Premier Danielle Smith had proposed reviving the project in January after the US threatened tariffs on Canadian crude imports, according to the CBC.

Irving Oil’s 320,000 barrel-per-day refinery in Saint John stands to benefit from the pipeline. The facility currently relies on US and foreign crude imports. Market sources say Irving remains skeptical about the project’s approval chances and funding prospects.

The pipeline proposal, estimated to cost $12 billion, would require extensive regulatory approvals and faces environmental opposition. Montreal residents have raised concerns about drinking water contamination. Indigenous groups also oppose the project.

TransCanada canceled the original Energy East proposal in 2017 after facing similar provincial opposition.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

Quebec Minimum Payment Law Linked To Higher Credit Card Delinquency

A recent study by researchers from the Bank of Canada and Rice University has revealed...

Wednesday, July 17, 2024, 04:17:00 PM

Quebec’s Saguenay-Lac-St-Jean Looks to Become the LFP Battery Valley of North America

FULL DISCLOSURE: This is sponsored content for First Phosphate. The global effort to combat climate...

Sunday, June 11, 2023, 01:29:00 PM

Quebec Businesses Sue Federal Government Over Foreign Worker Program Changes

23 Quebec businesses have filed a $300 million lawsuit against the federal government, challenging Ottawa’s...

Wednesday, July 23, 2025, 02:53:00 PM

Quebec Wants LNG But Ottawa Says Not Yet

Federal Energy Minister Tim Hodgson said that a proposed Quebec LNG export facility near Baie-Comeau...

Tuesday, October 7, 2025, 07:39:00 AM

Briefing Note Promoted Quebec LNG Project, But Company Met Only Junior Staff

Internal government documents show federal bureaucrats promoted a Norwegian company’s proposal to build a major...

Monday, October 6, 2025, 02:14:00 PM