Tag Archives: BP

Writing Off Oil Sands Investments

It has been a week since the Supreme Court decided it will not hear an appeal by the Squamish Nation, Tsleil-Waututh Nation and Coldwater Indian Band. Trans Mountain currently has 4,919 people working on its controversial pipeline expansion. This project is expected to bring a sevenfold increase in the number of oil tankers plying the waters off Greater Vancouver. Yet even while we read that this project is going forward, another giant oil company is writing off oil sands investments. 

Continue reading Writing Off Oil Sands Investments