Canada: Pipedream nightmares and oilfield battles

Business Vancouver: This was not a good week for oil companies, and it was particularly bad for Canadian pipeline companies and Alberta’s oil sector. On Thursday, it was reported that New York’s attorney general had begun investigating Exxon Mobil over concerns it misled investors about the risk climate change posed to its business, and on Friday, President Barack Obama officially announced he would kill the TransCanada’s Keystone XL pipeline. The pipeline “would not serve the interests of the United States,”......

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