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BOE Report Staff

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Ottawa, Alberta ink deal on how oilsands monitoring agency will be run

June 13, 201312:16 PM BOE Report Staff

  EDMONTON - Ottawa and Alberta have reached a deal outlining how an environmental monitoring agency for the oilsands will be run.Wayne Wood of Alberta Environment says his office was informed this morning that federal minister Peter Kent signed the deal earlier this week.Questions remain over the extent of the agency's independence from government.The province says its representative on the monitoring panel will be at arm's length from government, as recommended in an advisory report [Read more]

Alberta says too soon to consider charges in oil pipeline waste water spill

June 13, 201312:15 PM BOE Report Staff

  ZAMA CITY, Alta. - The Alberta government says it's too soon to say whether a Texas-based oil company will face charges over a pipeline that leaked 9.5 million litres of industrial waste water.The Apache Canada Ltd. spill has flowed into wetlands in a remote area near Zama City in the province's northwest.The Energy Resources Conservation Board says the spill was first reported on June 1, but the board didn't learn about its size until Tuesday.Alberta Environment says its crews are [Read more]

Kinder Morgan says small leak from Trans Mountain pipeline is contained

June 13, 201311:22 AM BOE Report Staff

  CALGARY - The National Energy Board says it's responding to a spill from Kinder Morgan's Trans Mountain line near Merritt, B.C., but the company says the public and the environment are not at risk.The energy watchdog said it doesn't yet know the size of the leak, which took place on Crown land but a release from Kinder Morgan says only about two cubic metres, or 12 barrels, of light crude was detected.The release, from spokesman Andy Galarnyk in Calgary, said the leak was found during [Read more]

Kinder Morgan Trans Mountain Pipeline

TransCanada toll proposals on Canadian Mainline again rejected by NEB

June 13, 20137:37 AM BOE Report Staff

  CALGARY - TransCanada Corp. (TSX:TRP) says it is disappointed by the National Energy Board's latest rejection of its proposals on how the company charges customers to ship natural gas across the country. TransCanada is studying its options and says it may launch an appeal after being informed of the rejection by the NEB on Tuesday.The regulator told TransCanada that it had rejected in its entirety the company's request for a review and variance of a March 27 decision covering tolls and [Read more]

TransCanada

Pipeline in northern Alberta leaks 9.5 million litres of industrial waste water

June 12, 20132:17 PM BOE Report Staff

  ZAMA CITY, Alta. - A pipeline operated by a Texas-based oil company has leaked 9.5 million litres of industrial waste water in northern Alberta.The Energy Resources Conservation Board says the spill was first reported by Apache Canada Ltd. on June 1.The pipeline breach is about 20 kilometres northeast of Zama City, a remote community near the Northwest Territories boundary.Apache says it has stopped the leak and is working to contain and clean up the spill that covers a 42-hectare [Read more]

Prominent U.S. Keystone critic Robert F. Kennedy Jr. to visit oilsands

June 12, 20132:16 PM BOE Report Staff

  EDMONTON - One of the most prominent and recognizable critics in the United States of the proposed Keystone XL pipeline is coming to Alberta to have a look at the oilsands for himself.Environmental lawyer Robert F. Kennedy Jr. says he doesn't expect the visit to change his opinion."We've looked at the impacts of the tar sands internationally and in the United States and I want to learn as much as I can about benefits tar sands might bring to Canada," Kennedy told The Canadian Press [Read more]

Keystone XL

Threats by unknown man forced evacuation of Calgary’s tallest building

June 12, 20136:59 AM BOE Report Staff

  CALGARY - Threats by an unknown man forced the evacuation of Calgary's tallest building. Occupants of the Bow, a 58-storey office tower, were cleared floor by floor on Tuesday afternoon after a suspicious man was spotted in several different locations. Calgary police say the man made unspecified threats inside the building and when security tried to deal with him he slipped away. The threats are being described as bizarre comments and included references to terrorists. The [Read more]

Cenovus Encana

BP: US oil production surged in 2012 as growth in global energy demand slowed

June 12, 20136:54 AM BOE Report Staff

LONDON - BP says the United States saw its biggest-ever annual increase in oil production in 2012, while the world's demand for energy grew at a slower pace than the year before. In its annual Statistical Review of World Energy released Wednesday, BP PLC says the U.S. produced 8.9 million barrels a day, up 13.9 per cent from 2011. Global oil production rose by 1.9 million barrels a day. Chief Executive Bob Dudley said the industry was seeing "a shift in supply towards a greater [Read more]

Mining, oil and gas companies to face tougher rules around disclosing payments

June 12, 20136:52 AM BOE Report Staff

  LONDON, United Kingdom England - Canada is adopting a G8 initiative that would require companies to disclose any payments they make to governments, Prime Minister Stephen Harper announced Wednesday in London at a meeting with oil, gas and mining executives."In advance of the G8 summit, I'm pleased to announce that Canada will establish new, mandatory reporting standards for payments made to foreign and domestic governments by Canadian extractive companies," Harper said."With 70 per [Read more]

Global energy companies ‘dead serious’ about B.C. natural gas, says minister

June 12, 20136:49 AM BOE Report Staff

  VICTORIA - Global energy corporations are "dead serious" about investing in British Columbia's potential as a world supplier of liquefied natural gas, said provincial Natural Gas Development Minister Rich Coleman after a $16 billion announcement on Tuesday.Malaysian national oil company Petronas said the investment would go towards a natural pipeline, LNG plants and an export terminal near Prince Rupert, on B.C.'s northern coast."Petronas has been very interested in LNG for B.C. for [Read more]

LNG Petronas

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