VICTORIA - British Columbia's auditor general says there are almost 7,500 inactive oil and gas wells in the province that have not been properly decommissioned. Carol Bellringer says in a report that contamination from oil and gas activity can affect human health, ecosystems, water and air quality and timely restoration of non-operating well sites reduces environmental risk and financial liability. Bellringer's audit says the province's energy regulator the BC Oil and Gas Commission lacked [Read more]
Governments provide $90 million for Canadian Natural clean tech projects
CALGARY - The federal and Alberta governments are pledging almost $90 million to fund clean technology developments at major oilsands producer Canadian Natural Resources Ltd. The commitments are expected to result in a total investment of $415 million in three projects. More than half of the federal commitment of $72.3 million, about $45 million, will go to Titanium Corp., a company working with Canadian Natural on a technology to recover valuable minerals and residual bitumen [Read more]
Canada ‘falling behind’ other nations because of Arctic moratorium: CAPP
CALGARY - An oil and gas industry representative says Canada is "falling behind" the U.S. and other nations in developing its rich Arctic natural resources because of a five-year moratorium on offshore drilling in the North put in place in 2016. But Northern Affairs minister Dominic LeBlanc defends the ban as a necessary device to ensure the resource is developed in a way that is environmentally sensitive, allows Indigenous input and is based on science. The debate touched off in [Read more]
Indigenous consultations on TMX pipeline on schedule: Natural Resources minister
CALGARY - Natural Resources Minister Amarjeet Sohi says consultations with Indigenous groups about the stalled Trans Mountain pipeline expansion are progressing well and he still expects to wrap up the court-ordered process by May. On a conference call from Houston, where he's attending the CERAWeek energy conference, Sohi told reporters his department has now met with more than 100 of the 117 Indigenous communities expected to be impacted by the project. The Federal Appeal Court last [Read more]
Crude-by-rail volumes fall in February as Imperial Oil cuts Alberta shipments
CALGARY - Crude-by-rail shipments from Western Canada fell in February to the lowest level since May of last year, according to Genscape. The U.S. company, which monitors rail terminals handling about 80 per cent of typical volumes from Western Canada, reports average loadings last month were 144,000 barrels per day, about half of the 281,000 bpd it recorded in January. The falloff came after Calgary-based Imperial Oil Ltd. vowed in late January to cut rail shipments to near zero [Read more]
B.C. pipeline site not original location of Indigenous artifacts: regulator
HOUSTON, B.C. - British Columbia's energy regulator says Indigenous artifacts found at the construction site of a contentious pipeline project were likely not in their original location. A hereditary house group of the Wet'suwet'en First Nation complained last month that supporters recovered two ancient stone tools and observed other artifacts at the site where Coastal GasLink is building a natural gas pipeline. The company suspended work on the line, which is a key part of a $40-billion [Read more]
Line 3 pipeline delays make oilsands expansion unlikely, MEG Energy says
CALGARY - The CEO of MEG Energy Corp. says a one-year delay in Enbridge Inc.'s Line 3 pipeline replacement project makes it highly unlikely it will approve an option to spend about $75 million to complete an expansion of its Christina Lake oilsands project in northern Alberta. Derek Evans says about 60 per cent of the $275-million cost of the expansion has already been invested and it will take about a year to bring into production once approved, but there's no point in doing so if [Read more]
Salmon habitat to recover from Trans Mountain pipeline work within 2 years: DFO
VANCOUVER - Work on a Trans Mountain pipeline crossing in a British Columbia stream altered habitat for young salmon, but the creek is expected to return to normal in one to two years, says Fisheries and Oceans Canada. Two biologists with the department visited Stewart Creek in Chilliwack on Jan. 30 after receiving a complaint from Mike Pearson, a biologist with 30 years of experience who raised concerns about the work done by Trans Mountain Corp. Pearson said in January that the [Read more]
Oilsands producer MEG Energy posts $199M loss, vows to ship more oil by rail
CALGARY - Oilsands producer MEG Energy says it has doubled its crude-by-rail shipments and will double them again to maximize prices in view of insufficient pipeline export capacity from Western Canada. The Calgary-based company says steep discounts for the bitumen it produces at its northern Alberta steam-driven project resulted in a net loss of $199 million or 67 cents per share in the fourth quarter of 2018. That compares with a net loss of $24 million or eight cents per share [Read more]
Federal government pledges $49 million for $3.5-billion plastics project
CALGARY - A $3.5-billion project to turn Alberta propane into plastic pellets for the manufacture of consumer products is to receive $49 million from the federal government. Ottawa says the money provided to Calgary-based Inter Pipeline Ltd. through the $1.6-billion Strategic Innovation Fund will help secure jobs and support the environmentally cleaner production of plastic products. The facility is already under construction in Strathcona County, just northeast of Edmonton, with [Read more]
- « Previous Page
- 1
- …
- 180
- 181
- 182
- 183
- 184
- …
- 553
- Next Page »