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Cenovus Energy Inc
Symbol CVE
Shares Issued 1,874,909,560
Close 2026-05-05 C$ 41.51
Market Cap C$ 77,827,495,836
Recent Sedar+ Documents

Globe says CNRL, rivals see greens challenge PRGT pipe

2026-05-06 08:41 ET - In the News

See In the News (C-CNQ) Canadian Natural Resources Ltd

The Globe and Mail reports in its Wednesday, May 6, edition that community leaders in British Columbia have challenged a ruling by the province's environmental regulator that supports a $12-billion pipeline plan, taking their concerns to the B.C. Supreme Court. The Globe's Brent Jang writes that lawyers from Ecojustice argue that the approval was granted unfairly before adequate initial work was completed, while respondents claim the initial construction was sufficient for support. After six days of hearings, Justice Alison Latimer has reserved her decision. At issue is the fate of the Prince Rupert Gas Transmission (PRGT) pipeline, which is meant to feed the $10-billion Ksi Lisims LNG project that would produce liquefied natural gas for export to Asia. It is being considered for fast-tracking by the Major Projects Office. Construction of the PRGT pipeline, which is co-owned equally by the Nisga'a Nation and Western LNG, would transport natural gas across northern B.C. Alex MacLennan, the regulatory head of the B.C. Environmental Assessment Office, ruled last June that the PRGT pipeline project met the construction threshold that it had to meet by November, 2024, for it to proceed. Ecojustice lawyers disagreed.

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