Published • loading... • Updated
PetroChina meeting obstacles as it seeks to buy South Bow pipeline stake
The court ruled PetroChina would not suffer irreparable harm without an injunction as arbitration will resolve the dispute over government approvals and buyout compliance.
Summary by Global News
4 Articles
4 Articles
PetroChina Faces Legal Obstacles in Attempt to Buy Alberta’s Grand Rapids Pipeline
A bid by the Canadian arm of PetroChina Ltd. to take full ownership of Alberta’s Grand Rapids Pipeline is facing various legal and regulatory obstacles. The Chinese-owned corporation currently owns about half of the 460-kilometre pipeline that transports oil from the oil sands in and around Fort McMurray, Alta., to the Edmonton area, and is seeking to buy the remaining stake from Calgary-based South Bow Corporation. PetroChina attempted to buy o…
·New York, United States
Read Full Article
Global NewsReposted by 
Moose Jaw Today
Moose Jaw TodayPetroChina meeting obstacles as it seeks to buy South Bow pipeline stake
A judge with the Alberta Court of Kings Bench has ruled PetroChina's attempts to take full ownership the Grand Rapids Pipeline lacks the necessary federal government approval.
·Toronto, Canada
Read Full ArticleCoverage Details
Total News Sources4
Leaning Left2Leaning Right1Center0Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
R 33%
Factuality
To view factuality data please Upgrade to Premium
