CALGARY - Alberta Premier Jason Kenney says Bloc Quebecois Leader Yves-Francois Blanchet needs to "pick a lane." Kenney reacted in Calgary to comments the national separatist-party leader made after a meeting with Prime Minister Justin Trudeau in Ottawa. Blanchet says anyone seeking more independence for the West to promote the oil and gas sector should not come to him for advice. And he says if people are "trying to create an oil state in Western Canada, they cannot expect any help … [Read more...]
Alberta test case: Planned sale of gas wells, pipelines raises cleanup concerns
CALGARY - The possible transfer of hundreds of sour gas wells, pipelines and other facilities from an energy giant to a much smaller company has raised concerns about Alberta's efforts to ensure taxpayers don't get stuck with the cleanup bill. "My faith that the (regulator) is making some form of really careful stress test on these companies is just not there," said Mike Judd, a retired guide and outfitter who lives in the middle of the gas field and has filed a statement of concern over the … [Read more...]
Review of federal fossil fuel subsidies appears to be behind schedule
OTTAWA - Canada's promise to produce an inventory of its fossil fuel subsidies as part of a joint peer review with Argentina appears to be off schedule and may not deliver results until 2021, an environmental advocate says. The peer review, which launched in June 2018 as part of a G20 commitment to eliminate all "inefficient" subsides to the fossil fuel sector, never had a specific deadline but was expected to take about two years. A Finance Canada spokeswoman this week would not give any … [Read more...]
Alberta premier says proposal to pull out of CPP due to hostility from others
KANANASKIS, Alta. - Premier Jason Kenney is defending his idea that Alberta could pull out of the federal pension plan by saying times have changed. He says bold action is needed because of unprecedented hostility from the federal and some provincial governments that are actively blocking Alberta's economic future. Kenney didn't campaign in the spring election on leaving the Canada Pension Plan and setting up a provincial one, but says Albertans would get a say through a referendum. On … [Read more...]
TC Energy says Keystone pipeline has restarted after breach in North Dakota
CALGARY - The owner of the Keystone pipeline says the line has returned to service after a breach that leaked an estimated 1.4 million litres of oil in northeastern North Dakota late last month. TC Energy Corporation says the move follows the approval of its repair and restart plan by the U.S. Pipeline and Hazardous Materials Safety Administration, which ordered the line shut until the Canadian company completed corrective action. The company says it will operate the pipeline at … [Read more...]
Kenney announces ‘Fair Deal Panel’ to advance Alberta’s interests, like pipelines
RED DEER, Alta. - Alberta Premier Jason Kenney announced the creation of a panel that will examine ways to make his province more independent of Ottawa in a speech to the conservative Manning Centre on Saturday in which he rejected separatist arguments. Kenney's "Fair Deal Panel," which will include former Reform Party leader Preston Manning, will consult with Albertans on ideas such as establishing a provincial revenue agency, withdrawing from the Canada Pension Plan in favour of a new … [Read more...]
Perpetual Energy cuts 25% of workforce to deal with lower commodity prices
Calgary-based oil and gas producer Perpetual Energy Inc. says it has cut 25 per cent of its workforce in an effort to rein in costs in response to lower commodity prices. The gas-weighted Calgary company says it is also cutting compensation for its remaining employees and has lowered its 2019 cash flow expectations. It didn't say how many jobs were lost. The job cuts come three weeks after much larger Calgary rival Husky Energy Inc. announced it had laid off an undisclosed number of staff … [Read more...]
Encana reveals Denver will be its new headquarters after leaving Calgary
CALGARY - Encana Corp. says its new head office will be in Denver following a reorganization that will include changing its name to Ovintiv. The Calgary-based company didn't say which city would be its home base when it announced last week it would establish a "corporate domicile" in the United States to replace its longstanding home in Calgary. The Denver decision, revealed in a corporate filing on Thursday, was expected because CEO Doug Suttles, a Texan, lives in Denver and it is the … [Read more...]
Manitoba premier to talk pipelines, flood protection and more with prime minister
WINNIPEG - Manitoba Premier Brian Pallister says he hopes to discuss pipelines, flood protection and other issues during a one-hour meeting Friday with Prime Minister Justin Trudeau. Pallister says Trudeau could help unify the country by ensuring the Trans Mountain pipeline expansion gets built to allow Alberta oil to get coastal access to overseas markets. The premier says suicide rates among young men in Alberta due to economic uncertainty are through the roof and their concerns cannot … [Read more...]
Failure of Houston Oil & Gas expected to create up to 1,400 orphan wells
CALGARY - Alberta's Orphan Well Association is warning that the receivership of junior producer Houston Oil & Gas Ltd. could add more than 1,400 wells to its inventory of orphaned petroleum assets. The organization that steps in when operators of oil and gas facilities can't or won't meet their obligations says the total estimated abandonment and reclamation bill from Houston's assets is $81.5 million. In an affidavit, OWA executive director Lars De Pauw says the association is likely … [Read more...]
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