"Canada Imposes Further Delays On Two Major Pipeline Projects"

"Canada announced new interim rules on Wednesday for environmental reviews that will impose delays on two projects - TransCanada Corp's Energy East pipeline and Kinder Morgan Inc's expansion of its Trans Mountain Pipeline.

The Liberal government issued the rules on the grounds that public trust needed to be restored in the process for assessing big energy projects.

Proponents say that after U.S. President Barack Obama's denial of the Keystone XL pipeline, all-Canadian projects are needed so the country's oil can reach its east and west coasts and fetch higher prices abroad."

Randall Palmer and Leah Schnurr report for Reuters January 27, 2016.

Source: Reuters, 01/28/2016