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Update:City says bridge has stabilized

  RT @daxjustin Close up picture of the CP train derailment in #Calgary via @TSBCanada pic.twitter.com/0ZlR6AmmlB (h/t @HouckisPokise)— The Weather Network (@weathernetwork) June 27, 2013 CALGARY - The City of Calgary says conditions have stabilized at the site of a bridge collapse that caused six cars to derail and start sinking into the Bow River. The city says the bridge has not collapsed any further since 9 a.m. Canadian Pacific Railway says five of the cars are [Read more]

$2.8 BILLION DEFICIT Alberta closes books on 2012 fiscal year

  EDMONTON - The final deficit number for Alberta's 2012 fiscal year is $2.8 billion, Finance Minister Doug Horner reported Thursday.That's $2 billion more than what had been projected at budget, but less than the $4 billion deficit projected a few months earlier.Horner, speaking in Calgary, said the wildly varying estimates will likely continue until Alberta breaks up a continental oil production bottleneck termed the "bitumen bubble" that is driving down the price of the oilsands [Read more]

Train carrying petroleum products derails, slowly sinking to Bow River

CALGARY – The City of Calgary says a train has derailed on a bridge over the Bow River and five tanker cars carrying a petroleum product are slowly sinking into the water. Emergency management director Bruce Burrell says the cars are not leaking but the bridge is failing and slowly sinking into the river. “The bridge is continuing to drop as we speak so that distance between the failure point and where the bridge decking is, is starting to open up more,” he said. “So it appears that the [Read more]

Second leak in one month reported on Trans Mountain pipeline

  HOPE, B.C. - Another leak has been detected along Kinder Morgan's Trans Mountain pipeline which crosses southern British Columbia carrying petroleum products from Alberta.Kinder Morgan spokesman Andy Galarnyk confirms the line has been shut down as a precaution after a company crew noticed a problem in the Hope area, about 150 kilometres east of Vancouver.Galarnyk says regulatory agencies and local authorities have been notified and the company is following the same procedures used on [Read more]

Canada announces measures to calm public fears over pipeline safety

  VANCOUVER - Major pipeline companies will have to show federal regulators that they have access to $1 billion to cover the costs of an oil or gas spill, under new rules aimed at easing public concerns about pipeline safety.Natural Resources Minister Joe Oliver said the federal government will also enshrine in law the "polluter pay" principle for oil and gas pipelines to ensure taxpayers are not left on the hook for cleanup costs."We will ensure that all companies operating pipelines [Read more]

Police arrest protesters at Enbridge pumping station near Hamilton

  HAMILTON - Hamilton police have arrested a group of protesters who were occupying a rural Enbridge pumping station.Police say approximately 16 protesters were on site Wednesday and a number of them were arrested early this morning.The exact number of arrests hasn't been released.The protesters had formed a blockade at the Line 9 pumping station in North Westover, located about 30 kilometres northwest of Hamilton, disrupting work there.Enbridge (TSX:ENB) has received partial approval to [Read more]

Pipeline to 2015: energy, deficit fight expected themes for PM’s fall agenda

  By Jennifer Ditchburn OTTAWA - While Barack Obama unveils a major new climate-change strategy in the United States, Stephen Harper is expected to make natural resources one of his key agenda items this fall.Both Obama and Harper have faced difficult springs politically — Obama with the controversy over federal spying and the taxman targeting right-wing groups, and Harper with a Senate spending scandal.But the two leaders appear to be taking contrasting approaches to turning the [Read more]

Enbridge says spill from Line 37 near Fort McMurray, Alta., is being cleaned up

  CALGARY - A clean up is underway on the oil spill from Enbridge's Line 37 in an area southeast of Fort McMurray, Alta and the next stage will be to repair the pipeline itself, the company said Tuesday.Enbridge (TSX:ENB) said it anticipates as many as 75 workers would be on site Tuesday and the number will vary in the coming days."The site is very wet due to heavy rains and surface water is running down the slope to a small creek that discharges into an unnamed lake," company spokesman [Read more]

Pennwest crews pump water, dig soil at spill site in northern Alberta

  LITTLE BUFFALO, Alta. - Crews were digging up muskeg and pumping out contaminated waste water Tuesday in an effort to clean up a pipeline spill in northern Alberta near several aboriginal communities."Our focus right now is on aggressive action to contain, collect and mitigate the effects of the release," said Greg Moffatt of Calgary-based PennWest Exploration (TSX:PWT), which owns the pipeline near Little Buffalo.Initial reports last week that the spill involved 5,000 litres of oil [Read more]

Official: Obama to say Keystone XL should be OK’d only if no emissions increase

  WASHINGTON - A White House official says President Barack Obama is telling the State Department it should not approve the Keystone XL pipeline unless it is sure the project will not increase greenhouse gas emissions.Obama will make the announcement Tuesday in a speech on his climate change plan at Georgetown University.That's according to a senior White House official, who was not authorized to discuss the announcement by name ahead of Obama's speech and spoke on condition of [Read more]