5 Reasons Why the Canadian Oilpatch Could be in for Another Turbulent Year in 2019

Anxiety about pipelines and oil prices are 2 of the key issues to watch

Canada’s oilpatch will be glad to see the back of 2018 — a year that saw domestic crude prices plunge, pipeline construction stall and tensions grow with Ottawa.

But the coming year doesn’t promise much relief. Big questions loom over the future of the Trans Mountain pipeline, Ottawa’s overhaul of the project approval process and Alberta’s decision to impose oil production cuts.

Here are the major challenges for the energy sector that will make headlines in 2019.

1. The Trans Mountain saga

The plot twists continue for Canada’s most contentious energy project, the Trans Mountain pipeline expansion, which would send oilsands crude to the West Coast for export.

Weeks after Ottawa rescued the project 

You can read more of the news on source

Related posts