NA energy ministers have a full agenda
Session will cover Keystone, Mexico and falling oil prices.
Oil & Gas
oil and gas
WASHINGTON — North American energy ministers meeting today in Washington have a full agenda to cover – from the Keystone XL pipeline, to falling oil prices and the liberalizing of Mexico’s oil and gas sector.
The three countries plan to talk about boosting co-operation on energy issues, a hot topic as the world feels the impact of OPEC decision making on the price of oil.
Canadian Natural Resources Minister Greg Rickford has said he will raise the status of TransCanada’s Keystone XL pipeline, which remains mired in legal and political machinations in the U.S.
The Nebraska Supreme Court might rule this week on whether the state erred in approving the pipeline’s passage through its territory.
Rickford will also be taking a close look at the major changes happening to Mexico’s oil and gas sector – which has positive and negative consequences for Canada.
The Mexican government is loosening its monopoly over the industry, and allowing outside investors to bid on exploration projects.
© 2014 The Canadian Press