A band of Indians in British Columbia has backed out of a deal to allow the Enbridge energy company to build an oil pipeline through its territory. From its headquarters in Calgary, Alberta, the company acknowledged the Gitxsan band had backed out of a deal forged last month that would have seen the band receive at least $7 million in profits on a 30-year lease, the Canadian Broadcasting Corp. reported. Band negotiator Elmer Derrick struck the deal with Enbridge but other tribal leaders overruled it Tuesday night by a 28-8 vote, the Vancouver Sun reported. Enbridge spokesman Paul Stanway said the company would return to negotiations with the Gitxsan. "In the meantime, we will also continue to work and engage with corridor first nations [Indian] groups, including the more than 20 groups who in recent weeks have fully executed and endorsed equity participation agreements deals with Enbridge," he said. It was a bad news day for Enbridge all around. U.S. President Barack Obama shot down an Enbridge pipeline running south through six states to Gulf of Mexico refineries. The second aspect of the Northern Gateway project is planned to run west from Alberta oil sands through British Columbia for shipping export to Asia.
GMT 18:55 2018 Friday ,14 December
Libya’s National Oil against paying ‘ransom’ to reopen El Sharara fieldGMT 22:22 2018 Thursday ,13 December
Turkey starts building land part of Turkish Stream pipelineGMT 13:35 2018 Sunday ,09 December
OPEC+ deal to ensure stability of oil price, that is positive for RussiaGMT 14:30 2018 Friday ,07 December
Major oil producers haggle over production cutGMT 13:29 2018 Thursday ,06 December
Major oil exporters mull supply cut amid internal rifts, US demandsGMT 09:30 2018 Monday ,03 December
Qatar says it is withdrawing from OPEC on January 1GMT 21:00 2018 Sunday ,25 November
Oil prices plummet amid U.S. drilling rigs downGMT 17:28 2018 Friday ,16 November
OPEC Basket Price Stood, at over $65.2, on ThursdayMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor