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Bill C-69 given a rough welcome at Calgary Senate committee hearing

April 9, 201911:52 AM The Canadian Press0 Comments

CALGARY — A proposed federal bill that aims to change the way Ottawa assesses major energy projects was given a rough ride in Calgary on Tuesday. Representatives of Canada’s biggest oil and gas companies took turns demanding major changes to Bill C-69 before a Senate committee on a cross-Canada series of hearings that started in Vancouver on Monday. Meanwhile, hundreds of people rallied outside the downtown hotel where the hearing was taking place, chanting “Kill that Bill” and waving [Read more]

Canadian Natural Resources Cenovus Imperial Oil Suncor

Alberta’s Notley urges senators to toss tanker ban bill ‘in the garbage’

April 9, 201910:22 AM The Canadian Press0 Comments

CALGARY - Alberta NDP Leader Rachel Notley is urging the Senate to toss the federal government's bill to ban tankers off the British Columbia coast "in the garbage." Notley says the proposed law is discriminatory because it wouldn't be able to stop international tanker traffic, but would impede Alberta's efforts to get oil to new markets. She also says it's a double standard given that Ottawa supports the liquefied natural gas industry, tankers on the St. Lawrence Seaway and [Read more]

UCP’s Kenney says he’s unafraid to turn off oil taps to B.C. over pipeline

April 8, 20191:37 PM The Canadian Press0 Comments

MEDICINE HAT, Alta. - United Conservative Leader Jason Kenney says if he were Alberta's next premier he would bring in a law to turn off the oil taps to British Columbia and wouldn't be afraid to use it. In a speech to supporters in Medicine Hat, Kenney said the NDP brought in legislation after pressure from the UCP but never proclaimed it or used it. Kenney says he would proclaim the law in his first day on the job if his party were to be elected on April 16. He says he would make it [Read more]

Trans Mountain Pipeline

PetroLMI report predicts 12,500 direct oil and gas sector job losses this year

April 8, 201911:10 AM The Canadian Press0 Comments

CALGARY - A new report says direct employment in Canada's oil and gas sector is expected to fall by more than 12,000 jobs this year. PetroLMI says the workforce is forecast to drop to about 173,300 in 2019, a decline of 23 per cent from 226,500 in 2014. It says the oil and gas labour market shrank quickly in 2015 and 2016 following a commodity price collapse and remained relatively flat through 2017 and 2018. In its 2019 labour market update, PetroLMI says about 12,500 [Read more]

Notley says federal approval for Trans Mountain pipeline to come by the end of May

April 8, 201910:42 AM The Canadian Press0 Comments

Trans Mountains pipeline

EDMONTON - Alberta NDP Leader Rachel Notley says she expects Ottawa to approve the Trans Mountain pipeline to the west coast by the end of May. Notley says the province is closer than ever to getting the pipeline. She says Alberta needs to stick with a strategy to get shovels in the ground. Notley says a growing majority of Canadians, including British Columbia residents, now support the project because they understand it would support jobs and a strong economy. She says that if her [Read more]

Carbon Tax Trans Mountain Pipeline

B.C. government to consider ‘relief’ for record gas prices: Horgan

April 4, 20195:53 PM The Canadian Press0 Comments

Premier John Horgan says the B.C. government will consider "some relief" for those who can't afford record high gas prices. Horgan said his government will monitor prices at the pumps over the summer after they reached a record of almost $1.64 a litre Thursday in Metro Vancouver. But he also suggested provincial taxes aren't the only factor affecting prices. "We'll see how it goes through the summer and if there's an opportunity to have the province step in and help, we'll do that. But [Read more]

Carbon Tax Trans Mountain Pipeline

B.C. premier says final pieces of massive LNG Canada project now in place

April 4, 20195:33 PM The Canadian Press0 Comments

Kitimat LNG Project

VICTORIA - The British Columbia government has secured the last steps of the fiscal framework for liquefied natural gas projects in the province. The legislative assembly passed the Income Tax Amendment Act Thursday, and Premier John Horgan says that will secure the largest private-sector investment in Canadian history. The joint venture, which includes Petronas, Shell Canada Energy and PetroChina Canada Ltd., announced last year that LNG Canada's $40-billion project on B.C.'s northern [Read more]

LNG PetroChina Petronas Shell

Chevron seeks NEB licence that could nearly double production at Kitimat LNG

April 4, 20199:21 AM The Canadian Press0 Comments

CALGARY - Chevron Canada has applied to the National Energy Board to nearly double the potential size of the Kitimat LNG facility it hopes to build with Australian partner Woodside Energy. In a filing dated Monday and posted on the NEB website, the Canadian branch of California-based giant Chevron Corp. says it is applying for a 40-year licence to export up to 28.23 billion cubic metres of natural gas per year, with commissioning of the facility taking place by 2029. That's the equivalent [Read more]

Chevron LNG

Ottawa considers approval of B.C. methane rules called ‘weak’ in report

April 4, 20199:01 AM The Canadian Press0 Comments

The federal government has proposed accepting British Columbia's rules to cut methane emissions that cause climate change despite an independent report that says the regulations would be weaker than Ottawa's. Some environmental groups fear the same could happen in Alberta and Saskatchewan, which they say would make it harder for Canada to meet its greenhouse gas commitments. "It's a weak first step," said Jan Gorski of the Pembina Institute, a clean energy think-tank. "If they're [Read more]

Crude-by-rail rises in March but storage high despite Alberta curtailments

April 3, 20194:57 PM The Canadian Press0 Comments

CALGARY - Crude-by-rail shipments from Western Canada staged a minor recovery in March after falling in February to their lowest level in nine months, but oil storage levels remain stubbornly high, according to Genscape. The U.S. company, which monitors western Canadian rail terminals handling about 80 per cent of typical volumes, reported Wednesday that average rail loadings in March were 150,000 barrels per day. That's up from an average of 144,000 bpd in February, but down [Read more]

Imperial Oil

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