Canada oil firms face losses as booming supply runs into Trans Mountain delays
Nia Williams and Stephanie Kelly - Reuters
December 05, 2023
Who was cited:
James Davis, Director of Short-Term Global Oil Service - FGE
Canadian oil producers are bracing for further potential delays to the Trans Mountain pipeline expansion (TMX) that could cost them millions of dollars in lost revenues in coming months after they ramped up production ready to fill the expanded line, meant to unlock access to Asia.