Energy giant PTT upbeat on Trump’s oil pipeline plan revival

U.S. President Donald Trump’s decision to revive plans for the controversial Keystone XL oil pipeline could spur Thai energy giant PTT to resume development of an oil sands project in the Canadian province of Alberta, the state-owned company’s chief executive said Wednesday. Just after taking office, Trump signed an order allowing construction of the pipeline, which former President Barack Obama’s administration had rejected, due partly to environmental concerns.

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