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Joe Biden

Biden revokes KXL permit in blow to Canada's oil sector, Ottawa disappointed
Business Published 21 Jan, 2021 05:46am

Biden revokes KXL permit in blow to Canada's oil sector, Ottawa disappointed

CALGARY, Alberta (Reuters) - U.S. President Joe Biden on Wednesday formally revoked the permit needed to build the Keystone XL oil pipeline (KXL), dashing Ottawa’s hopes of salvaging the $8 billion project that the struggling Canadian crude sector has long supported.