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Fracking likely to create stronger, more common earthquakes in B. C: study

May 26, 202112:05 AM The Canadian Press0 Comments

More damaging earthquakes can be expected more often in northern British Columbia as fracking oil and gas wells increases pressure underground, says newly published research. "It makes earthquakes more common and it makes larger ones more common," said Allan Chapman, an independent researcher and formerly senior scientist with the B.C. Oil and Gas Commission. "There appears to be a fairly strong relationship between this cumulative water loading underground and the magnitude of an [Read more]

Alberta revives ‘turn-off-taps’ resources bill that sparked legal row with B.C.

May 25, 20213:39 PM The Canadian Press0 Comments

Alberta Premier Jason Kenney

EDMONTON - Alberta is reviving its so-called turn-off-the taps legislation, but with a few changes. Environment Minister Jason Nixon says a proposed bill with revisions would be retroactive to May 1, when the previous act expired following a two-year sunset clause. The original legislation was crafted by Alberta’s former NDP government and proclaimed as the first act of Premier Jason Kenney’s United Conservative government in April 2019. It was to be used as a last resort against [Read more]

Trans Mountain Pipeline

Canadian crude-by-rail exports bounce back in March as pipeline capacity limited

May 25, 20212:42 PM The Canadian Press0 Comments

Railcars holding crude oil

CALGARY - The Canada Energy Regulator says Canadian crude-by-rail exports bounced back in March due to better oil production amid limited export pipeline capacity for heavy oil. It says exports rose 57 per cent to reach 175,580 barrels per day after 111,900 barrels per day were exported by rail in February. Exports in both months are down from 195,500 bpd in January and 350,570 in March 2020. Crude-by-rail numbers have been volatile in the past few years. Shipments reached a record [Read more]

‘No evidence’: Researcher behind ‘anti-Alberta’ inquiry backs off assertion

May 21, 202111:07 AM The Canadian Press0 Comments

Southern Alberta Oil Well

EDMONTON - A researcher whose work helped prompt Alberta's inquiry into anti-oilsands campaigns seems to have backed away from one of her major allegations. Vivian Krause says she has never accused U.S. charitable foundations of trying to landlock Canadian oil to specifically benefit American competitors. That suggestion has been repeated numerous times by Alberta Premier Jason Kenney and other members of the United Conservative government as a justification for the $3.5-million [Read more]

First Nations group criticizes Woodside Petroleum’s move to sell Kitimat LNG stake

May 20, 20215:24 PM The Canadian Press0 Comments

Kitimat LNG Project

VANCOUVER - A British Columbia First Nations coalition says it's disappointed by the news that a second major investor is looking to sell its shares in the Kitimat Liquefied Natural Gas development. Woodside Petroleum Ltd., an Australian company, says it plans sell its 50 per cent stake in the 480-kilometre Pacific Trail Pipeline and the proposed LNG facility at Bish Cove. The First Nations Limited Partnership, which represents 16 First Nations in northern B.C., says the decision to sell [Read more]

Chevron LNG

Talks between Enbridge, Michigan to continue over Line 5 standoff, mediator says

May 20, 20217:50 AM The Canadian Press0 Comments

Mackinac Bridge in Michigan

WASHINGTON - The mediator in the dispute between Enbridge Inc. and the state of Michigan over the controversial Line 5 pipeline says the two sides plan to keep talking. Retired U.S. district court judge Gerald Rosen, who was appointed in March to oversee the talks, says the parties discussed a "range of issues" when they met Tuesday. Rosen's three-sentence report filed with the federal court in Michigan says the talks will continue and both sides anticipate further sessions [Read more]

Enbridge Vital Energy

Study finds abandoned oil and gas wells place unfair burden on landowners, taxpayers

May 20, 20216:00 AM The Canadian Press0 Comments

Southern Alberta orphan well

CALGARY - A report from the University of Calgary says the costs of Alberta's growing stock of abandoned and inactive oil and gas wells are falling unfairly on landowners and taxpayers. Braeden Larson of the university's School of Public Policy says the scope of the problem is growing rapidly. He says more than half of all oil and gas wells in the province no longer produce but haven't been cleaned up. Over the last six years, the number of inactive wells has quintupled and those wells [Read more]

Inquiry into funding of Alberta oil and gas critics granted fourth extension

May 19, 20211:39 PM The Canadian Press0 Comments

Alberta Premier Jason Kenney

EDMONTON - Alberta's inquiry into the funding of oil and gas industry critics is getting another deadline extension. Premier Jason Kenney, saying inquiry head Steve Allan needs more time to complete his report, announced the delay on Facebook on Tuesday night. Kenney did not specify how much more time Allan was given, but Energy Minister Sonya Savage says cabinet approved the extension until July 30. Allan, a forensic accountant, was tapped in 2019 to lead the inquiry with an initial [Read more]

Pandemic linked to 15% drop in fossil fuel use in 2020

May 19, 202110:25 AM The Canadian Press0 Comments

Canadian Energy Regulator

CALGARY - The Canada Energy Regulator says pandemic lockdowns and travel restrictions that kept Canadians close to home in 2020 resulted in overall consumption of refined petroleum products dropping by about 15% compared to the previous year. In a report that's consistent with updates over the past year from refiners such as Imperial Oil Ltd. and Suncor Energy Inc., the federal regulator says gasoline consumption volumes fell the most in 2020, followed closely by jet fuel, then diesel fuel, [Read more]

Imperial Oil Suncor

Cenovus royalty sale first in plan to sell assets to reduce debt after Husky takeover

May 18, 20213:13 PM The Canadian Press0 Comments

Cenovus Energy

CALGARY - Cenovus Energy Inc. is selling an Alberta production royalty interest to Topaz Energy Corp. for $102 million, the first step in a plan to sell non-core assets to retire debt in the wake of its takeover of Husky Energy Inc. early this year. Cenovus says it retained the royalty interest in its Marten Hills oil assets when it sold them to Headwater Exploration Inc. in December. At the time, it said the assets which were producing about 2,800 barrels per day of medium gravity oil [Read more]

Cenovus CNOOC Headwater Exploration Husky Energy Topaz Energy Tourmaline

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