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BOE Report Staff

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Protesters disrupt work at Enbridge oil pipeline near Hamilton

  HAMILTON - A small group of activists disrupted work at an Enbridge pumping station outside Hamilton Thursday to protest the company's plan to reverse the flow of oil in one of its pipelines.Enbridge spokesman Ken Hall said protesters arrived at the company's Line 9 pumping station in North Westover at 6:30 a.m., and forced the workers to shut it down.Enbridge (TSX:ENB) has already received approval by the National Energy Board to reverse the flow of oil between Sarnia, Ont., and North [Read more]

Sour gas leak forces evacuations, confines people to homes in southern Alberta

  TURNER VALLEY, Alta. - A leak of potentially deadly sour gas in a southern Alberta town that also faced flooding caused evacuations and confined other residents to their homes on Thursday."The town of Turner Valley has evacuated some residents and has put others under shelter-in-place as a precautionary measure," said Cara Tobin of the Alberta Energy Regulator.About 150 people were forced to leave the town of about 2,500, said RCMP Sgt. Patricia Neely.The leak was at the south end of [Read more]

Industrial sector natural gas use rising

Source: Data through March 2013: EIA-857, Monthly Report of Natural Gas Purchases and Deliveries to Consumers, April and May 2013: Bentek Energy LLC. Note: Figures for April and May 2013 are estimates from Bentek Energy LLC based on pipeline flows, represented as a dashed line. Natural gas use for industrial purposes was more than 3%, or 0.6 billion cubic feet per day, greater during the first five months of 2013 compared to the same period in 2012. Higher industrial gas usage reflects [Read more]

Redford stresses same values with U.S. over Keystone XL pipeline

  EDMONTON - Alberta Premier Alison Redford says the United States and Canada share political and environmental values and must work together to become energy independent of those who do not.Redford made the comments in a speech today to the Foreign Policy Association in New York City.Redford says until recently North Americans had no choice but to import oil from countries that didn't live up to their values.Redford didn't specify which countries don't share North American values, but [Read more]

Anti Keystone billionaire steps up efforts, launches massive social media campaign

  By Lee-Anne Goodman WASHINGTON - San Francisco billionaire Tom Steyer, a friend to Barack Obama and a major Democratic financier, is unveiling a social media campaign on Thursday that aims to rally the president's formidable online army of supporters against the proposed Keystone XL pipeline.Steyer and a coalition of environmental and social justice groups will be in the U.S. capital to step up their efforts against Calgary-based TransCanada, a company they accuse of wanting "to [Read more]

Jobs go west as Imperial Oil converts Nova Scotia refinery to terminal operation

  HALIFAX - The Imperial Oil refinery in Halifax is being closed and converted to a terminal, in a move that deals the latest blow to Nova Scotia's manufacturing sector.The company said Wednesday it expects 80 of the 200 workers — ranging from engineers to mechanics — to either retire or stay at the terminal, while 120 others will be offered jobs at Imperial refineries and oil sands operations in Ontario and the West or at ExxonMobil's operations off Nova Scotia's coast.The refinery's [Read more]

US crude oil supplies grew by 300,000 barrels

NEW YORK (AP) -- The nation's crude oil supplies increased last week, the government said Wednesday. Crude supplies grew by 300,000 barrels, or 0.1 percent, to 394.1 million barrels, which is 1.8 percent above year-ago levels, the Energy Department's Energy Information Administration said in its weekly report. Analysts expected a drop of 1 million barrels for the week ended June 14, according to Platts, the energy information arm of McGraw-Hill Cos. Gasoline supplies grew by 200,000 [Read more]

NO PIPELINE IS NOT AN OPTION: petroleum producers to Northern Gateway panel

  TERRACE, B.C. - There is a growing imbalance between oil supply and delivery in Canada and doing nothing is not an option, the lawyer for the Canadian Association of Petroleum Producers told a federal panel weighing the Northern Gateway project.Keith Bergner told the review panel Tuesday that current pipeline capacity is not sufficient, and producers are finding themselves with product on their hands and no way to ship it to buyers — "shut-in" as it's known in the industry."Doing [Read more]

Cenovus to triple amount of crude moved by rail by end of next year

  CALGARY - Cenovus Energy Inc. said Tuesday that it plans to massively increase the amount of oil it ships by rail by the end of 2014 as the fates of contentious pipeline projects remain undecided.The Calgary-based oil company (TSX:CVE) expects to move 30,000 barrels per day by rail by the end of 2014 — triple the 10,000 it's anticipating by the end of 2013."We expect that rail capacity will continue to play a growing role in transporting oil, particularly in the event that any of the [Read more]

Pipeline backer says producers are extracting oil, but have fewer ways to ship

  TERRACE, B.C. - There is a growing imbalance between oil supply and delivery in Canada and a spokesman for the Canadian Association of Petroleum Producers says doing nothing is not an option.The association's lawyer, Keith Bergner, told the review panel weighing the Northern Gateway oil pipeline in Terrace, B.C., that producers are finding themselves with product on their hands and no way to ship it to buyers.Bergner says more pipeline capacity is needed and he urged the panel to [Read more]