Cenovus CEO says proposed pipeline to Canada's west coast currently 'unfinanceable' - Reuters
Cenovus CEO says proposed pipeline to Canada's west coast currently 'unfinanceable' Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"proposed pipeline to Canada's west coast currently 'unfinanceable'"
— Cenovus CEO , Executive
"Alberta's proposed 1 million barrel-per-day pipeline to British Columbia's Pacific coast cannot be financed by the private sector under Canada's current regulatory regime."
— Jon McKenzie , Executive
"Alberta's proposed 1 million barrel-per-day pipeline to British Columbia's Pacific coast cannot be financed by the private sector under Canada's current regulatory regime."
— Jon McKenzie , Executive
"El sistema industrial de fijación de precios del carbono del país resta competitividad al petróleo canadiense e inhibe el crecimiento de la producción necesario para abastecer el oleoducto proyectado."
— McKenzie , Executive
Key People
Cenovus CEO is the head of Cenovus Energy, a Canadian integrated oil and natural gas company.
CEO of Cenovus Energy, one of Canada's largest oil sands companies.
McKenzie is the CEO of Cenovus, one of the largest oil sands companies in Canada.
All Coverage
<a href="https://news.google.com/rss/articles/CBMiyAFBVV95cUxPWDl0bXc1TlVPNG1jazh1b2FuOURfODNFWlNwbDFkS2hsZ3JTRTF6VTZNZnZkak1JSDY1TGxBOWVHVmdUbFVhX3VEUkIycS1KX1JGemVzZFpSOUdFSUJVWDhBSTdnTkVvelh4WjZxdVBSeko4OFhTZzBmQzlFS0sydF9sUVVGTy1na0NOUTRPVEZBSXRWTDVkOExETGpNZ2Z0eGZPWEdTT0VlQlNidWwxUXZ0R2tsR0ZTM0c1MmNjUTZsdWctVnBXXw?oc=5" target="_blank">Cenovus CEO says proposed pipeline to Canada's west coast currently 'unfinanceable'</a> <font color="#6f6f6f">Reuters</font>
Cenovus Energy CEO Jon McKenzie stated that Alberta's proposed 1 million barrel-per-day pipeline to British Columbia's Pacific coast cannot be financed by the private sector under Canada's current regulatory regime, citing the country's industrial carbon pricing system as a hindrance to competitiveness and production growth.
Cenovus Energy CEO Jon McKenzie stated that Alberta's proposed 1 million barrel-per-day pipeline to British Columbia's Pacific coast cannot be financed by the private sector under Canada's current regulatory regime, citing the country's industrial carbon pricing system as a hindrance to competitiveness and production growth.
Cenovus Energy CEO Jon McKenzie stated that Alberta's proposed 1 million barrel-per-day pipeline to British Columbia's Pacific coast cannot be financed by the private sector under Canada's current regulatory regime, citing the country's industrial carbon pricing system as a hindrance to competitiveness and production growth.
El CEO de Cenovus Energy, Jon McKenzie, declaró que el oleoducto propuesto de 1 millón de barriles por día hacia la costa del Pacífico en Columbia Británica no puede ser financiado por el sector privado bajo el actual régimen regulatorio de Canadá, citando el sistema de fijación de precios del carbono como un obstáculo para la competitividad y el crecimiento de la producción.
Similar Stories
Related coverage based on topic and tags
Canada's pipeline ambitions hinge on uncertain output expansion - Reuters
Canada's pipeline ambitions hinge on uncertain output expansion Reuters
August 18, 2026 at 05:43 PMCanadian miner NexGen Energy holds talks with BHP as it seeks $1 billion for uranium project - Reuters
Canadian miner NexGen Energy holds talks with BHP as it seeks $1 billion for uranium project Reuters
August 17, 2026 at 05:41 PMNew Syria-Iraq crude pipeline still years away, sources say - Reuters
New Syria-Iraq crude pipeline still years away, sources say Reuters
August 17, 2026 at 09:03 AMGlencore’s planned Australian debut draws interest as investors look past coal - Reuters
Glencore’s planned Australian debut draws interest as investors look past coal Reuters
August 18, 2026 at 06:40 AMCanadian minister says Canada, US far apart on draft trade deal, source says - Reuters
Canadian minister says Canada, US far apart on draft trade deal, source says Reuters
August 14, 2026 at 11:29 PMUS, Indian fuel exporters profiting from supply uncertainty during wars - Reuters
US, Indian fuel exporters profiting from supply uncertainty during wars Reuters
August 19, 2026 at 11:53 AM