CALGARY - Another foreign oil company says it's getting out of the Canadian oilsands. Oklahoma City-based Devon Energy Corp. says it will pursue the "separation" of its Canadian assets from its core business, a move that could include an outright sale or creation of a new company to own and operate them. Devon owns the Jackfish steam-driven oilsands complex, with a capacity of 105,000 barrels per day of bitumen, as well as conventional heavy oil wells near Lloydminster, Alta., [Read more]
NDP candidates push for stronger climate action as Singh supports LNG Canada
BURNABY, B.C. - Federal NDP Leader Jagmeet Singh is facing calls from within the party for a stronger stance on climate change as he defends his support of the $40-billion LNG Canada project in northern British Columbia. Svend Robinson, the New Democrat candidate in Burnaby North-Seymour in the general election, opposes any new oil and gas infrastructure. Julia Sanchez, running for the party in a byelection in Outremont in Montreal, disapproves of the use of public funds for such [Read more]
NEB rejects call to expand scope of Trans Mountain pipeline expansion review
CALGARY - The National Energy Board is rejecting a call made by an environmental group last month to greatly expand the scope of its reconsideration of the Trans Mountain pipeline expansion. Stand.earth filed a motion to the federal regulator on Jan. 21 demanding it add consideration of the project's upstream and downstream greenhouse gas emissions to its review of project-related marine shipping issues. It asked the board to apply the same standard to the project as it did with the Energy [Read more]
TSB says improved tankers involved in Manitoba derailment that spilled crude
ST. LAZARE, Man. - Federal investigators say CN rail cars that spilled crude after derailing on farm land in western Manitoba were upgraded tankers. The Transportation Safety Board says 37 of 110 cars went off the tracks early Saturday near St. Lazare. The board says the derailed tankers are all Class 117R cars — an upgraded version considered to have improved safety features over the cars that were involved in the 2013 fatal explosion and fire in Lac Megantic, Que. There [Read more]
‘We take action:’ Alberta investing $3.7B to move oil by rail, leasing cars
EDMONTON - The Alberta government says it's investing $3.7 billion to move the province's land-locked oil to market by rail. It says 4,400 leased railway cars will move up to 120,000 barrels of oil per day by 2020. Shipments are expected to begin as early as July. "Pipelines will always be the best, most efficient, most economical long-term solution," Notley told a news conference Tuesday. "We must take action today to provide more relief to our energy workers and [Read more]
Nova Scotia liquefied natural gas project signs agreements with unions, Mi’kmaq
HALIFAX - A proposed liquefied natural gas project says it has signed agreements with the Assembly of Nova Scotia Mi'kmaq Chiefs, the Nova Scotia Construction Labour Relations Association, and unions in Cape Breton. Bear Head LNG says the mutual benefits agreement with the assembly is a commitment to develop the project on the Strait of Canso in an environmentally sustainable manner. CEO John Baguley calls it a "significant milestone" for the project and demonstrates the [Read more]
Pro-pipeline protest convoy reaches Ottawa after rolling across country
OTTAWA - A convoy of angry Albertans and other westerners rolled up to Parliament Hill today to protest federal energy and environmental policies. Scores of people gathered in knee-deep snow on the Hill lawn in advance of morning speeches amid concerns the convoy has become a magnet for extremist, anti-immigrant elements. The United We Roll convoy began in Red Deer, Alta., on Valentine's Day and made its way east over four days with stops for rallies along the way. The [Read more]
Trudeau’s principal secretary, Gerald Butts, resigns amid SNC-Lavalin furor
OTTAWA — Gerald Butts, Justin Trudeau's principal secretary and long-time friend, has resigned amid allegations that the Prime Minister's Office interfered to prevent a criminal prosecution of SNC-Lavalin. In a statement, Butts unequivocally denies the accusation that he or anyone else in the office improperly pressured former attorney general Jody Wilson-Raybould to help the Montreal engineering giant avoid a criminal case on corruption and bribery charges related to government contracts in [Read more]
Pipeline protest convoy approaches Ottawa after rolling across country
OTTAWA - Hundreds of trucks are expected to roll into Ottawa Tuesday to protest the federal government's policies on the oil industry. The main portion of the United We Roll Convoy set out from Red Deer, Alta., last Thursday and made stops in Regina, Dryden, Thunder Bay, and Sault Ste. Marie before mustering at Arnprior, Ont., just outside the capital. The rally is expected to occupy almost a kilometre of Wellington Street, in front of Parliament. Lead organizer Glen [Read more]
Sale of Connacher Oil & Gas to East River abandoned after Feb. 15 deadline passes
CALGARY - Connacher Oil and Gas Ltd. says it has abandoned a court-supervised sale of the company to East River Oil and Gas Ltd. after the buyer failed to make a required deposit payment by Feb. 15. The Calgary-based oilsands producer had negotiated a conditional deal for East River to pay $113.5 million to acquire Connacher, but East River was unable to obtain necessary regulatory approvals in China by the initial deadline. Connacher says that the deadlines for East River to complete the [Read more]
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