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<rss version="2.0"><channel><description>Bloomberg&#39;s Ottawa bureau chief covering the Canadian economy and government. Constantly cold. I watch movies sometimes too. Get in touch at ldhillonkane@bloomberg.net | Reposts are not endorsements.</description><link>https://bsky.app/profile/ldhillonkane.bsky.social</link><title>@ldhillonkane.bsky.social - Laura Dhillon Kane</title><item><link>https://bsky.app/profile/ldhillonkane.bsky.social/post/3mlsuagbrkc2b</link><description>Great interview with @bloomberg.com&#39;s incoming Ottawa bureau chief, @brianplatt.bsky.social, on @politico.com&#39;s Playbook Canada podcast this morning! He chatted with @mickeydjuric.bsky.social about why international readers are so interested in Canada right now. https://www.politico.com/podcasts/playbook-canada</description><pubDate>14 May 2026 12:51 +0000</pubDate><guid isPermaLink="false">at://did:plc:6glcrax66urndfl7osvtj334/app.bsky.feed.post/3mlsuagbrkc2b</guid></item><item><link>https://bsky.app/profile/ldhillonkane.bsky.social/post/3mlr76y4dv22k</link><description>A court in Alberta ruled that political activists can’t proceed with a petition to force a vote on separation from Canada because the government failed to meet its obligation to consult with Indigenous people https://www.bloomberg.com/news/articles/2026-05-13/canada-court-throws-out-alberta-separatists-bid-to-force-vote?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3ODcwNjAwMywiZXhwIjoxNzc5MzEwODAzLCJhcnRpY2xlSWQiOiJURVM4VjZLSzNOWTgwMCIsImJjb25uZWN0SWQiOiI5MDQxQkExRUE2ODg0MDFDOUJGRDEzMDczNkRFRUZGMCJ9.hFrzuxXGwBQFhPmvPJlvvUbZI2s3GZ3Xu_QrCvOK6TE @decloet.bsky.social @bloomberg.com</description><pubDate>13 May 2026 21:01 +0000</pubDate><guid isPermaLink="false">at://did:plc:6glcrax66urndfl7osvtj334/app.bsky.feed.post/3mlr76y4dv22k</guid></item><item><link>https://bsky.app/profile/ldhillonkane.bsky.social/post/3mlqyqcaakk2q</link><description>Alberta and Canada are finalizing an agreement to ramp up the province’s industrial carbon price to $130 per metric ton by 2040, a key step toward federal support for a new crude pipeline going to the Pacific coast &#xA;https://www.bloomberg.com/news/articles/2026-05-13/canada-alberta-to-raise-carbon-price-by-2040-clearing-hurdle-for-pipeline?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3ODY5OTA2MSwiZXhwIjoxNzc5MzAzODYxLCJhcnRpY2xlSWQiOiJUQ1EyWk5UOTZPU00wMCIsImJjb25uZWN0SWQiOiI5MDQxQkExRUE2ODg0MDFDOUJGRDEzMDczNkRFRUZGMCJ9.INrhJHL5FwiFEBVEjmO6qWC4SqqTdxDwdMyEUrr5UQY @brianplatt.bsky.social @bloomberg.com</description><pubDate>13 May 2026 19:06 +0000</pubDate><guid isPermaLink="false">at://did:plc:6glcrax66urndfl7osvtj334/app.bsky.feed.post/3mlqyqcaakk2q</guid></item><item><link>https://bsky.app/profile/ldhillonkane.bsky.social/post/3mlq466jwbk2u</link><description>Prime Minister Mark Carney has touted early success in his push to diversify Canada&#39;s trade beyond the US. But the gains have largely been driven by surging gold prices, rather than firms breaking ground in new markets. https://www.bloomberg.com/news/articles/2026-05-13/carney-s-trade-push-beyond-the-us-is-just-a-gold-rush-for-now?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3ODY2Nzg0NCwiZXhwIjoxNzc5MjcyNjQ0LCJhcnRpY2xlSWQiOiJURU83VUVUOU5KTFkwMCIsImJjb25uZWN0SWQiOiI5MDQxQkExRUE2ODg0MDFDOUJGRDEzMDczNkRFRUZGMCJ9.ulIPVJkhVVEsu0r7VQaOzGw4q2-eAUEII4D2I21lZa4 @nojoudalmallees.bsky.social @bloomberg.com</description><pubDate>13 May 2026 10:35 +0000</pubDate><guid isPermaLink="false">at://did:plc:6glcrax66urndfl7osvtj334/app.bsky.feed.post/3mlq466jwbk2u</guid></item><item><link>https://bsky.app/profile/ldhillonkane.bsky.social/post/3mllsg55fps23</link><description>Such exciting news for the @bloomberg.com Ottawa bureau! @brianplatt.bsky.social is already doing such great work as the Canadian government reporter and will do a fantastic job leading the team here. Excited to see what they do next!&#xA;&#xA;[contains quote post or other embedded content]</description><pubDate>11 May 2026 17:29 +0000</pubDate><guid isPermaLink="false">at://did:plc:6glcrax66urndfl7osvtj334/app.bsky.feed.post/3mllsg55fps23</guid></item><item><link>https://bsky.app/profile/ldhillonkane.bsky.social/post/3mle5lbxnxs2v</link><description>The Canadian government is pitching changes it says would speed up the timeline for federal reviews of major projects to one year, after a torrent of criticism its regulatory processes are way too slow  https://www.bloomberg.com/news/articles/2026-05-08/canada-aims-to-approve-projects-in-a-year-after-criticism-it-s-too-slow?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3ODI1NzM2OSwiZXhwIjoxNzc4ODYyMTY5LCJhcnRpY2xlSWQiOiJURVE1S0hLSkg2VjUwMCIsImJjb25uZWN0SWQiOiI5MDQxQkExRUE2ODg0MDFDOUJGRDEzMDczNkRFRUZGMCJ9.eMpTLjAjGquyZb8GdH_nIrEz-oh5z4fKCTUq5hG-0qk by @nojoudalmallees.bsky.social for @bloomberg.com</description><pubDate>08 May 2026 16:28 +0000</pubDate><guid isPermaLink="false">at://did:plc:6glcrax66urndfl7osvtj334/app.bsky.feed.post/3mle5lbxnxs2v</guid></item><item><link>https://bsky.app/profile/ldhillonkane.bsky.social/post/3mlbjz7ywd22a</link><description>Update on moi: Moving to Toronto in July to be an editor at @bloomberg.com! I&#39;ll still be digging into econ and government stories, plus more Canadian business news — markets, real estate, all the things. Still writing, still reachable at the same email. See you in the centre of the universe.</description><pubDate>07 May 2026 15:32 +0000</pubDate><guid isPermaLink="false">at://did:plc:6glcrax66urndfl7osvtj334/app.bsky.feed.post/3mlbjz7ywd22a</guid></item><item><link>https://bsky.app/profile/ldhillonkane.bsky.social/post/3mlbg4t35o22a</link><description>Canada&#39;s figuring out how to divvy up its low-tariff quota for Chinese EVs -- with an eye to making sure there&#39;s lots of room for new players to Canada&#39;s market, like BYD and Chery, and not just Shanghai-made Teslas https://www.bloomberg.com/news/articles/2026-05-06/byd-tesla-may-face-import-caps-as-canada-works-out-china-ev-quota?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3ODE2MzM2NCwiZXhwIjoxNzc4NzY4MTY0LCJhcnRpY2xlSWQiOiJURU1HWUFUOTZPU0swMCIsImJjb25uZWN0SWQiOiI5MDQxQkExRUE2ODg0MDFDOUJGRDEzMDczNkRFRUZGMCJ9.WwY1KQ1Nv--lKJKL4m0a0T6zaQZyVPwkkHXYEtEG2NA by @brianplatt.bsky.social for @bloomberg.com</description><pubDate>07 May 2026 14:23 +0000</pubDate><guid isPermaLink="false">at://did:plc:6glcrax66urndfl7osvtj334/app.bsky.feed.post/3mlbg4t35o22a</guid></item><item><link>https://bsky.app/profile/ldhillonkane.bsky.social/post/3ml7lkuvigk2b</link><description>Canada’s last prime minister once said that he doesn’t think about monetary policy. That’s almost certainly not the case for Mark Carney. &#xA;&#xA;@erikhertzberg.bsky.social looks at how the Bank of Canada&#39;s framework renewal is likely to unfold this year: &#xA;&#xA;https://www.bloomberg.com/news/articles/2026-05-06/bank-of-canada-weighs-clearer-playbook-to-handle-supply-shocks?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3ODEwMDg5NSwiZXhwIjoxNzc4NzA1Njk1LCJhcnRpY2xlSWQiOiJUQTc5TlVUOU5KTTUwMCIsImJjb25uZWN0SWQiOiI5MDQxQkExRUE2ODg0MDFDOUJGRDEzMDczNkRFRUZGMCJ9.tmVoBQLKpe72n02NqoHaSQDsvLMqHE8M-fRcjpeYCU8 @bloomberg.com</description><pubDate>06 May 2026 20:55 +0000</pubDate><guid isPermaLink="false">at://did:plc:6glcrax66urndfl7osvtj334/app.bsky.feed.post/3ml7lkuvigk2b</guid></item><item><link>https://bsky.app/profile/ldhillonkane.bsky.social/post/3ml7l4g3pds2b</link><description>Prime Minister Mark Carney said his government is considering spinning off or selling ownership stakes in Canadian airports in order to use the proceeds on new projects aimed at fueling economic growth&#xA;https://www.bloomberg.com/news/articles/2026-05-06/canada-may-redeploy-capital-tied-up-in-airports-carney-says?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3ODEwMDMyMywiZXhwIjoxNzc4NzA1MTIzLCJhcnRpY2xlSWQiOiJURU1SWElLSzNOWUMwMCIsImJjb25uZWN0SWQiOiI5MDQxQkExRUE2ODg0MDFDOUJGRDEzMDczNkRFRUZGMCJ9.WKIYKduFl4rpFCFoZImNHgP5r0CRrup5YzgfgfT6dN8 @brianplatt.bsky.social @mathieudion.bsky.social @bloomberg.com</description><pubDate>06 May 2026 20:47 +0000</pubDate><guid isPermaLink="false">at://did:plc:6glcrax66urndfl7osvtj334/app.bsky.feed.post/3ml7l4g3pds2b</guid></item><item><link>https://bsky.app/profile/ldhillonkane.bsky.social/post/3ml2gpqmz2c2d</link><description>German authorities mapping out US supply-chain vulnerabilities as a way to win leverage have found a key pressure point: potash. The US imports more than 90% of the fertilizer ingredient, leaving it highly reliant on global producers — above all Canada&#xA;https://www.bloomberg.com/news/articles/2026-05-04/germany-sees-us-as-vulnerable-to-squeeze-on-potash-supplies?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3NzkyMzY4NSwiZXhwIjoxNzc4NTI4NDg1LCJhcnRpY2xlSWQiOiJURTkxUUdLSzNOWTgwMCIsImJjb25uZWN0SWQiOiI5MDQxQkExRUE2ODg0MDFDOUJGRDEzMDczNkRFRUZGMCJ9.VV-4pw2WzNri44w2-jKk7YUhyAjdPwT85yEqEoWdtZc</description><pubDate>04 May 2026 19:45 +0000</pubDate><guid isPermaLink="false">at://did:plc:6glcrax66urndfl7osvtj334/app.bsky.feed.post/3ml2gpqmz2c2d</guid></item><item><link>https://bsky.app/profile/ldhillonkane.bsky.social/post/3ml2ggw62xc2d</link><description>Canada’s oil industry is pushing back hard on proposals to impose a higher carbon tax, arguing the policy adds costs at a time when the world needs more secure and affordable sources of energy&#xA;https://www.bloomberg.com/news/articles/2026-05-04/canada-s-oil-firms-look-to-scrap-carbon-tax-tied-to-new-pipeline?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3NzkyMzE4NCwiZXhwIjoxNzc4NTI3OTg0LCJhcnRpY2xlSWQiOiJURFZCRURUOU5KTFcwMCIsImJjb25uZWN0SWQiOiI5MDQxQkExRUE2ODg0MDFDOUJGRDEzMDczNkRFRUZGMCJ9.X97SW2wdXhYFYB8KeswGzfkQCw5exy7E22VGHkS_dU8 @bloomberg.com</description><pubDate>04 May 2026 19:40 +0000</pubDate><guid isPermaLink="false">at://did:plc:6glcrax66urndfl7osvtj334/app.bsky.feed.post/3ml2ggw62xc2d</guid></item><item><link>https://bsky.app/profile/ldhillonkane.bsky.social/post/3mkuoz27w322k</link><description>Had a great chat with Catherine Cullen and @markrendell.bsky.social on CBC&#39;s The House about Carney&#39;s sovereign wealth fund and skilled trades strategy. We dug into how these measures fit into a bigger push to build big things in Canada — and the key hurdles still ahead:&#xA;https://www.cbc.ca/listen/live-radio/1-64-the-house/clip/16212309-what-ottawas-economic-update-means-wallet</description><pubDate>02 May 2026 12:57 +0000</pubDate><guid isPermaLink="false">at://did:plc:6glcrax66urndfl7osvtj334/app.bsky.feed.post/3mkuoz27w322k</guid></item><item><link>https://bsky.app/profile/ldhillonkane.bsky.social/post/3mkqafcxptc2a</link><description>The Alberta government believes it will have Indigenous support for its plan to build a new oil pipeline to the Pacific coast. @brianplatt.bsky.social spoke exclusively with Energy Minister Brian Jean during his visit to Ottawa this week&#xA;https://www.bloomberg.com/news/articles/2026-04-30/alberta-energy-minister-believes-new-pipeline-will-have-indigenous-support?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3NzU3MzQxOCwiZXhwIjoxNzc4MTc4MjE4LCJhcnRpY2xlSWQiOiJURUJCQkVLSkg2VjQwMCIsImJjb25uZWN0SWQiOiI5MDQxQkExRUE2ODg0MDFDOUJGRDEzMDczNkRFRUZGMCJ9.B5aFCigE6DttLm5TkGwpQDGTCyqPck6pxSSO1ntQEmY @bloomberg.com</description><pubDate>30 Apr 2026 18:25 +0000</pubDate><guid isPermaLink="false">at://did:plc:6glcrax66urndfl7osvtj334/app.bsky.feed.post/3mkqafcxptc2a</guid></item><item><link>https://bsky.app/profile/ldhillonkane.bsky.social/post/3mkqa7eqvj22a</link><description>The Canadian economy bounced back in the first quarter after a softer end to 2025, with growth in February driven by an expansion in manufacturing,&#xA;@nojoudalmallees.bsky.social reports for @bloomberg.com https://www.bloomberg.com/news/articles/2026-04-30/canada-economy-tracking-1-7-annualized-growth-in-first-quarter?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3NzU3MzI1OCwiZXhwIjoxNzc4MTc4MDU4LCJhcnRpY2xlSWQiOiJURUI0MjFUUDNTSTIwMCIsImJjb25uZWN0SWQiOiI5MDQxQkExRUE2ODg0MDFDOUJGRDEzMDczNkRFRUZGMCJ9.a4kZebzi5boOBU9CmVqMGZAUvUka1372rT31upGwrd8</description><pubDate>30 Apr 2026 18:22 +0000</pubDate><guid isPermaLink="false">at://did:plc:6glcrax66urndfl7osvtj334/app.bsky.feed.post/3mkqa7eqvj22a</guid></item><item><link>https://bsky.app/profile/ldhillonkane.bsky.social/post/3mkicabwnok24</link><description>Canada will create its first sovereign wealth fund to provide financing for large infrastructure projects, Prime Minister Mark Carney said https://www.bloomberg.com/news/articles/2026-04-27/carney-to-create-canadian-sovereign-wealth-fund-to-back-projects?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3NzMwMDU1NCwiZXhwIjoxNzc3OTA1MzU0LCJhcnRpY2xlSWQiOiJURTVGQ0tUOTZPU0cwMCIsImJjb25uZWN0SWQiOiI5MDQxQkExRUE2ODg0MDFDOUJGRDEzMDczNkRFRUZGMCJ9.iyhnCWHIRqjvaUFmvu7xnbnqikPUk3-GjPzz8gJ777w @brianplatt.bsky.social @erikhertzberg.bsky.social @bloomberg.com</description><pubDate>27 Apr 2026 14:37 +0000</pubDate><guid isPermaLink="false">at://did:plc:6glcrax66urndfl7osvtj334/app.bsky.feed.post/3mkicabwnok24</guid></item><item><link>https://bsky.app/profile/ldhillonkane.bsky.social/post/3mkb4iiaxes2g</link><description>The Canadian government’s pledge to supply 23.6 million extra barrels of oil to support the IEA&#39;s emergency release reflects natural growth in production, rather than a specific effort to produce more crude https://www.bloomberg.com/news/articles/2026-04-23/canada-s-iea-oil-promise-adds-little-new-crude-to-tight-market?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3NzA1Mzg4MCwiZXhwIjoxNzc3NjU4NjgwLCJhcnRpY2xlSWQiOiJUREk1N0tLSzNOWTgwMCIsImJjb25uZWN0SWQiOiI5MDQxQkExRUE2ODg0MDFDOUJGRDEzMDczNkRFRUZGMCJ9.HVUXJCsgwAZwCzfho6mZSs33FBPfGQErOVhaUirhJzc @bloomberg.com</description><pubDate>24 Apr 2026 18:05 +0000</pubDate><guid isPermaLink="false">at://did:plc:6glcrax66urndfl7osvtj334/app.bsky.feed.post/3mkb4iiaxes2g</guid></item><item><link>https://bsky.app/profile/ldhillonkane.bsky.social/post/3mkb4drnthk2g</link><description>As Canada grapples with economic strains and US tensions, Mark Carney is operating less like a traditional politician and more like a CEO. The mission is to expand trade networks and get deals done. @brianplatt.bsky.social @christinedobby.bsky.social @bloomberg.com https://www.bloomberg.com/news/features/2026-04-24/canada-s-mark-carney-runs-the-country-like-a-ceo?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3NzA1MzQ4NCwiZXhwIjoxNzc3NjU4Mjg0LCJhcnRpY2xlSWQiOiJURTA3UElLR0lGUk8wMCIsImJjb25uZWN0SWQiOiI5MDQxQkExRUE2ODg0MDFDOUJGRDEzMDczNkRFRUZGMCJ9.HFMvyLPNB4DFSgtEw1VGh0P_WOOJ7-oyEwH9ap09KMM</description><pubDate>24 Apr 2026 18:03 +0000</pubDate><guid isPermaLink="false">at://did:plc:6glcrax66urndfl7osvtj334/app.bsky.feed.post/3mkb4drnthk2g</guid></item><item><link>https://bsky.app/profile/ldhillonkane.bsky.social/post/3mk4e65ajmc2r</link><description>The Trump administration is demanding concessions from Canada before it will begin serious talks on the US-Mexico-Canada Agreement, says ex-Quebec Premier Jean Charest, a member of Prime Minister Mark Carney’s advisory committee on US trade &#xA;https://www.bloomberg.com/news/articles/2026-04-22/us-demands-concessions-before-formal-trade-talks-with-canada-charest-says?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3Njg5MDI2MCwiZXhwIjoxNzc3NDk1MDYwLCJhcnRpY2xlSWQiOiJURFdMWTdUOU5KTFUwMCIsImJjb25uZWN0SWQiOiI5MDQxQkExRUE2ODg0MDFDOUJGRDEzMDczNkRFRUZGMCJ9.9VazGGhVpoa-a6LUabaMRpv82xna6yxaurv6alSBFCA @bloomberg.com</description><pubDate>22 Apr 2026 20:39 +0000</pubDate><guid isPermaLink="false">at://did:plc:6glcrax66urndfl7osvtj334/app.bsky.feed.post/3mk4e65ajmc2r</guid></item><item><link>https://bsky.app/profile/ldhillonkane.bsky.social/post/3mk4dxqfiuk2r</link><description>US Trade Representative Jamieson Greer said the US might have to take &#34;enforcement action&#34; against Canada over provincial bans on American wine and spirits&#xA;https://www.bloomberg.com/news/articles/2026-04-22/us-trade-rep-jamieson-greer-threatens-canada-over-booze-boycott?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3Njg5MDA4OSwiZXhwIjoxNzc3NDk0ODg5LCJhcnRpY2xlSWQiOiJURFdQSDVUOU5KTFMwMCIsImJjb25uZWN0SWQiOiI5MDQxQkExRUE2ODg0MDFDOUJGRDEzMDczNkRFRUZGMCJ9.F4UYmp16VqWWhBszaIXIeyU0u_EnjIOcXo_WSobrfIw @bloomberg.com</description><pubDate>22 Apr 2026 20:36 +0000</pubDate><guid isPermaLink="false">at://did:plc:6glcrax66urndfl7osvtj334/app.bsky.feed.post/3mk4dxqfiuk2r</guid></item><item><link>https://bsky.app/profile/ldhillonkane.bsky.social/post/3mk3xs74xbk2o</link><description>SCOOP from @brianplatt.bsky.social: Alberta is looking at three northern British Columbia options for a new oil pipeline to ship 1 million barrels a day to Asian markets, according to people familiar with the matter 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