Aaj English TV

Thursday, April 25, 2024  
16 Shawwal 1445  

President

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.