OTTAWA - Some of Canada's biggest oil companies are joining forces with environmentalists to develop policies for both the economy and the climate. The Energy Future Forum, which is organized by the Public Policy Forum, had its inaugural meeting Monday in Toronto. The founding members of the group include Suncor Energy, Imperial Oil and Shell Canada Ltd., as well as the World Wildlife Federation, the International Institute for Sustainable Development and representatives from the federal [Read more]
Jason Kenney heads to London to promote Alberta’s energy to international markets
EDMONTON - Alberta Premier Jason Kenney heads to the UK today for a trip his office says will highlight the province's "responsible energy sector" and to counter what Kenney says is a campaign against investment in the oilsands. A news release says Kenney will speak with international business leaders and financial institutions during the three-day trip to London to "reassert investment confidence in Alberta's economy." It says the meetings will also "underscore the province's reputation [Read more]
Alberta, Ottawa head to province’s Appeal Court over carbon tax dispute
EDMONTON - About a year ago, Alberta's United Conservative Party leader stood in front of 1,500 raucous supporters and called the federal carbon tax an act of "economic masochism" that he would fight with everything in his power if he were elected premier. Jason Kenney did win the election last spring, and government lawyers are to argue today before Alberta's Appeal Court that he should win his tax fight, too. "Alberta says that this is an unwarranted and unprincipled intrusion into [Read more]
Alberta premier opens war room to promote truth about energy industry
CALGARY - Alberta Premier Jason Kenney has officially opened what he has called a war room to fight what he says is a campaign of lies about the province's energy industry. Kenney announced in Calgary today that the new $30-million Canadian Energy Centre is needed to tell the "truth" about the oil and gas sector. Kenney promised to set up the war room as part of his provincial election campaign leading to the United Conservative Party's win in April. He has argued the province needs to [Read more]
Chevron looking to sell its 50 per cent stake in its Kitimat LNG project
CALGARY - Chevron Corp. says it is looking to sell its 50 per cent stake in the Kitimat LNG Project in British Columbia. The move comes as the company looks to cut spending on some investments and take a charge of at least US$10 billion because lower long-term prices for oil and natural gas will reduce the value of its assets. Chevron says the decision is part of its global portfolio optimization effort focused on improving returns and driving value. This decision only impacts Chevron's [Read more]
Exxon Mobil prevails in lawsuit over climate regulations
NEW YORK - Exxon Mobil won Tuesday in a closely watched lawsuit over the costs of climate change, with a judge saying there was no proof the energy giant duped investors about the toll that regulations could take on its business. New York Attorney General Letitia James' office didn't prove the company made any material misstatements "that misled any reasonable investor,” state judge Barry Ostrager in Manhattan wrote in dismissing the case. “Nothing in this opinion is intended to absolve [Read more]
Regina refinery using helicopters to bring staff, supplies across picket line
REGINA - Management at Regina's Co-op Refinery say they are flying replacement staff in by helicopter during an ongoing labour dispute. About 700 unionized workers were locked out last week after serving strike notice. Federated Co-operatives Limited says in a statement that employees who have the crossed picket line have been verbally harassed and food shipments for management have been held up. The company says that, as a result, it decided to use helicopters to bring in staff and [Read more]
Kenney and cabinet ministers in Ottawa to meet federal counterparts
OTTAWA - Alberta Premier Jason Kenney and eight of his cabinet ministers will be in Ottawa today as part of a trip to meet their federal counterparts. Kenney will speak at the Canadian Club this afternoon and later host a reception. He is also scheduled to meet Prime Minister Justin Trudeau on Tuesday to discuss issues ranging from pipelines to equalization. Kenney has said he will bring up with Trudeau a resolution passed unanimously at the recent meeting of provincial leaders to [Read more]
Kenney to meet Trudeau next week, discuss pipelines and equalization
EDMONTON - Alberta Premier Jason Kenney will meet Tuesday with Prime Minister Justin Trudeau in Ottawa to discuss issues ranging from pipelines to equalization. Kenney says he and eight of his cabinet ministers will be in the nation's capital early next week to meet with their counterparts and push for federal co-operation to help grow the economy. Kenney says he will bring up with Trudeau a resolution passed unanimously at the recent meeting of provincial leaders to consider changes to [Read more]
Approved oilsands project now awaits pipeline capacity increases: developer
CALGARY - The developer of a 12,000-barrel-per-day thermal oilsands project approved Thursday by the Alberta government says actually going ahead with construction depends largely on when new pipelines can be in service. President Serge Bisson of privately held Grizzly Oil Sands ULC says the company will now meet with its owners, Wexford Capital LP with 75 per cent and Gulfport Energy Corp. with 25 per cent, to discuss how to proceed with the May River project, which is estimated to cost more [Read more]
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