HOUSTON, B.C. - Members of a northern British Columbia First Nation are arguing in court that they should have been consulted on an archaeological mitigation plan prepared by a natural gas company on their traditional territory.The Unist'ot'en house group of the Wet'suwet'en First Nation and hereditary chief Knedebeas filed an application for judicial review in B.C. Supreme Court on Tuesday.It challenges the decision of the B.C. Oil and Gas Commission and provincial Archaeology Branch to accept [Read more]
Changes to Bill C-69 “critical” for Canadian energy sector: Enbridge CEO
The CEO of Enbridge Inc. says it’s “critical” to Canada’s energy future that substantive changes are made to proposed federal legislation to revamp how big resource projects win federal approval. Speaking after his company’s annual shareholders’ meeting in Calgary, Al Monaco says there are three or four major problem areas in Bill C-69 that must be addressed. His comments come as the Senate considers amendments to the bill that would repeal the Canadian Environmental Assessment Act and [Read more]
Controversial environment-review bill faces major changes in Senate as clock ticks
OTTAWA - Canadian senators are trying to make more than 100 amendments to the government's environmental-assessment bill that overhauls how major energy and transportation projects are reviewed.The Liberals want Bill C-69 to fulfil a 2015 election promise to update a review process they say has meant more work for lawyers than for energy workers.Provincial premiers, energy-industry leaders and the federal Conservatives all accuse the government of making a troubled process even more [Read more]
Athabasca Oil reports $206.8M Q1 profit compared with $93.3M loss a year ago
CALGARY - Athabasca Oil Corp. reported a profit of $206.8 million in its latest quarter, boosted by the sale of its Leismer pipelines and Cheecham storage terminal in northern Alberta. The company says the profit amounted to 39 cents per diluted share for the quarter ended March 31 compared with a loss of $93.3 million or 18 cents per diluted share in first quarter of 2018. Revenue grew to $224.2 million compared with $206 million in the same quarter last year. Athabasca [Read more]
Canadian Natural reports $961M Q1 profit up from $583M a year ago
CALGARY - Canadian Natural Resources Ltd. reported a first-quarter profit of $961 million, up from $583 million in the same quarter last year, as it benefited from higher prices due in part to Alberta's mandatory production curtailments. The oilsands producer says the profit amounted to 80 cents per diluted share for the quarter ended March 31, compared with a profit of 47 cents per diluted share a year ago. Revenue totalled nearly $5.25 billion, down from $5.47 billion in the [Read more]
Pro-pipeline protesters chant outside natural resources minister announcement
CALGARY - Hundreds of pro-pipeline protesters rallied outside a Calgary office tower during a clean energy announcement by federal Natural Resources Minister Amarjeet Sohi. The protest by the group Canada Action attracted about 300 people who chanted "build that pipe" and carried signs that called on the federal government to kill Bill C-69. The legislation would repeal the Canadian Environmental Assessment Act and retire the National Energy Board. It would leave the Impact Assessment [Read more]
Construction accident in Alberta’s energy sector kills two workers
FOX CREEK, Alta. - A construction accident in northern Alberta has killed two workers. Source Energy Services says in a statement that the contractors died on Tuesday during work on additional storage capacity for what's known as fracking sand at the company's terminal near Fox Creek, about 260 kilometres northwest of Edmonton. The sand is used by companies in Alberta's energy sector to extract oil and natural gas from tight geologic formations. The RCMP and the provincial Occupational [Read more]
B.C. premier asks utilities commission to probe high price of gasoline
VICTORIA - Premier John Horgan has asked the British Columbia Utilities Commission to investigate why gasoline in Metro Vancouver and Vancouver Island is so much more expensive than the rest of the country. A statement from the premier's office says Horgan spoke with Prime Minister Justin Trudeau on Monday and brought up his concerns, making it clear that gas hovering around $1.70 a litre is of national importance. Horgan's request to the utilities commission on Tuesday asks that it [Read more]
MEG Energy reports $48 million loss despite 56% bitumen price increase
CALGARY - Oilsands producer MEG Energy Corp. is reporting a larger-than-expected first-quarter net loss despite a rise in revenue as its average price for blended bitumen rose by 56 per cent compared with the fourth quarter of 2018. The Calgary-based company says it lost $48 million or 16 cents per share in the three months ended March 31, compared with a profit of $141 million or 47 cents in the same period a year ago. Analysts had expected a loss of 13 cents per share, [Read more]
Green party targets use of tax money for political attack billboards
VANCOUVER - Green party Leader Andrew Weaver is calling for a ban on the use of taxpayer money for political attack ads after the B.C. Liberals bought billboards blaming Premier John Horgan for a spike in gas prices. The digital billboards along commuter routes on the Lower Mainland say "Gas prices?" and "Spending more to commute?" followed by "Blame John Horgan." It's not the first time a provincial political party has used its caucus funding for partisan purposes and Weaver [Read more]
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