BOE Report

BOE Report Staff

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LAST SHOT: Enbridge, opponents make final pipeline pitch

  TERRACE, B.C. - The proponent and opponents of the Northern Gateway pipeline will make their final pitches to a federal review panel starting Monday, at the last stage of public hearings before the panel issues its decision later this year.Calgary-based Enbridge (TSX:ENB) is slated to be the first to officially present its final argument for its project at the hearings, but opponents made their case at a public rally Sunday in Terrace, B.C., a scenic northern city whose council passed [Read more]

North Dakota oil production continues record pace

BISMARCK, N.D. (AP) — North Dakota drillers continue to produce oil and natural gas at a record pace, data from the state Department of Mineral Resources show. The agency said the state produced an average of about 793,250 barrels daily in April. That’s up from about 783,000 barrels a day in March. Data show there were 8,758 producing wells in April, up from 8,639 wells in March. North Dakota also produced a record 846,906 million cubic feet of natural gas daily in April. In March, the [Read more]

Iran elects new president: favours ‘interaction’ above confrontation

TEHRAN, Iran (AP) - Moderate cleric Hasan Rowhani was declared the winner of Iran's presidential vote on Saturday after gaining support among many reform-minded Iranians looking to claw back a bit of ground after years of crackdowns and now resets the country's political order. The stunning surge behind Rowhani, a former nuclear negotiator, was seen by his supports as a rebuke of uncompromising policies that have left Iran increasingly isolated and under biting sanctions from the West over [Read more]

Northern Alberta waste water pipeline leak fixed: owner says

  ZAMA CITY, Alta. - The owner of a pipeline that leaked a large amount of industrial waste water into a northern Alberta wetland says wildlife in the area doesn't seem to have been affected."There are no visible impacts on wildlife," Marc Douglas, spokesman for Apache Canada Ltd., said Friday.Alberta regulators estimate that 9.5 million litres of waste water were spilled near Zama City in northwestern Alberta. The spill covers 42 hectares with water that contains salt, oil and [Read more]

Repair crews have finished work on the leaky Trans Mountain pipeline: company

  MERRITT, B.C. - Repair crews have finished their work on a small defect in the Trans Mountain pipeline that prompted an oil spill earlier this week.Andy Galarnyk , spokesman for pipeline owner Kinder Morgan Canada, said Friday all the contaminated soil has been removed and the pipeline was expected to be back up to full operation by the end of the day.Galarnyk and the National Energy Board say the total volume of oil spilled was less than about six barrels — or just under 1,000 litres. [Read more]

National Energy Board says Trans Mountain oil leak only six barrels

  MERRITT, B.C. - The National Energy Board says an oil spill that forced the shutdown of the Trans Mountain pipeline near Merritt, B.C., amounted to less than six barrels.That's just under 1,000 litres of oil — a tiny amount compared to the 300,000 barrels the pipeline ships each day, but still enough for environmentalists to highlight their concerns about Kinder Morgan's plans to vastly expand the pipeline's capacity.Board spokeswoman Rebecca Taylor says the board will determine the [Read more]

Police arrest 12 people protesting shale gas activity in New Brunswick

  FREDERICTON - Police in New Brunswick have arrested 12 people who were protesting against shale gas exploration in the Harcourt area, north of Moncton. Cpl. Chantal Farrah of the RCMP says the protesters were disrupting work and traffic on Highway 126. She says the seven men and five women are facing mischief charges. There have been several protests over shale gas recently, with six others being arrested on the same charges over the last two weeks. Opponents of shale gas [Read more]

U.S. crude oil production could reach 10 million barrels per day by 2040

An EIA Report: Source: U.S. Energy Information Administration, Annual Energy Outlook 2013. Projected crude oil production in the United States ranges from 6 to 8 million barrels per day (bbl/d) over the next 30 years in the Annual Energy Outlook 2013 (AEO2013) Reference case projection. However, under greater supply assumptions, crude oil production is sustained at a higher level of about 10 million bbl/d between 2020 and 2040 (see chart above). In this higher resource scenario, [Read more]

Mischief charges laid in Bow evacuation

  CALGARY - A 26-year-old man is facing mischief charges after an incident earlier this week that saw Calgary's tallest office tower evacuated.On Tuesday, witnesses at The Bow reported seeing a man wielding a knife, uttering threats and making references to terrorism.But by the time police arrived, he had slipped past security and vanished.Police took no chances and ordered everyone to leave the 58-storey structure by the stairs.Later in the week, police said they had a pretty good idea [Read more]

Kinder Morgan says small leak from Trans Mountain pipeline is contained

  MERRITT, B.C. - A crew was cleaning up a small oil spill Thursday from Kinder Morgan's Trans Mountain pipeline in British Columbia, where the company plans a controversial expansion through a province where the debate over oil pipelines and the tankers that go with them have played out in the headlines.Initial estimates from the Calgary-based company said 12 barrels, or about 2,000 litres, of light crude leaked before an employee discovered the breach Wednesday about 40 kilometres [Read more]