13:03:51 EDT Fri 09 Oct 2026
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ConocoPhillips (COP) BMO CDR (CAD Hedged)
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Close 2026-10-08 C$ 14.56
Market Cap C$ 1,601,600
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Globe says Cenovus sees first lawsuit over new pipeline

2026-10-09 07:09 ET - In the News

See In the News (C-CVE) Cenovus Energy Inc

The Globe and Mail reports in its Friday edition that an Alberta first nation is suing Ottawa over its decision to prioritize the Pacific Link oil pipeline, marking the first legal challenge to the federal effort to fast-track the project. The Globe's Emma Graney writes that at the heart of the application for judicial review, filed by Cold Lake First Nations on Thursday, are the community's concerns about a lack of consultation over the pipeline, which would carry one million barrels of oil a day from Bruderheim, Alta., to Roberts Bank in British Columbia. Another focus of the application is a massive carbon-capture project planned for the oil sands. Prime Minister Mark Carney has linked the approval of the pipeline to the Pathways carbon-capture project, which involves a 400-kilometre pipeline to transport carbon from oil sands facilities to an underground hub near Cold Lake, Alta. While the Cold Lake First Nations support responsible resource development, Chief Kelsey Jacko said in a statement, it wants to ensure activity is "done right, with meaningful consultation and clear answers about the long-term impacts of projects in the region." The legal challenge from Cold Lake is the first against Pacific Link.

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