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Montreal mayors oppose TransCanada's Energy East pipeline

Montreal mayors oppose TransCanada's Energy East pipeline

Montreal Mayor Denis Coderre and 81 other Quebec municipalities announced plans to oppose the Energy East pipeline due to environmental and economic concerns. Energy East would take up to 1.1 million barrels per day of oil from Alberta and Saskatchewan to Canada's east coast.

The NEB is scheduled to begin hearings on the project later this year.

ExxonMobil: Oil, natural gas & coal will supply 80% of global energy needs by 2040

ExxonMobil: Oil, natural gas & coal will supply 80% of global energy needs by 2040

OPEC calling on all countries to cut oil production

OPEC calling on all countries to cut oil production