CALGARY - Analysts say the awarding of a workforce accommodation contract to Houston-based Civeo Corp. is another sign that the $40-billion LNG Canada project is headed for a positive final investment decision later this year. Civeo says it has been awarded contracts to supply temporary work camps at four locations along the Coastal GasLink pipeline from Dawson Creek, B.C., to the west coast of B.C., on the condition that the liquefied natural gas export terminal is built. The [Read more]
Alberta ‘gas bar shenanigans’ push national average price to five-year high
CALGARY - Soaring gasoline prices in Calgary and Edmonton have pushed the national average to a five-year high, according to an online price monitoring firm. Dan McTeague of GasBuddy.com says the national average price for regular gasoline was 136.0 cents per litre on Thursday, up from 105.2 cents on the same date last year and closing in on the previous high of 139.1 cents in June 2013. According to the website's live price counter, prices in Calgary averaged 138.2 cents per [Read more]
RCMP remove pipeline protesters from Vancouver bridge
VANCOUVER - Greenpeace Canada says a protest that saw a dozen protesters dangling from a Vancouver bridge to block a tanker carrying crude oil from the Trans Mountain pipeline ended Wednesday night. The environmental group says the climbers who spent more than 35 hours on the Ironworkers Memorial Bridge were "peacefully removed from their positions" and taken to the North Vancouver RCMP detachment. The RCMP had earlier said all would likely be charged with mischief and jeopardizing the [Read more]
B.C. regulator fines $920 Kinder Morgan for Water Sustainability Act violations
VICTORIA - The B.C. Oil and Gas Commission says it has fined Kinder Morgan Canada Ltd. $920 for four violations of the provincial Water Sustainability Act related to the Trans Mountain pipeline expansion. The commission says it issued tickets late last week for one violation related to non-compliance in the use of fish spawning deterrents and three related to non-compliance In water volume reporting — each of which carries a $230 fine. In an email, Trans Mountain's media relations [Read more]
BC Premier John Horgan says ‘gouging’ to blame for higher gas prices, not taxes
VICTORIA - Premier John Horgan says price gouging, not higher taxes, is responsible for skyrocketing gasoline prices in British Columbia. Horgan says the price per litre rose nine cents between Tuesday night and Wednesday morning and that suggests fuel companies are seeking bigger profits. He says there's a disconnect between the price of a barrel of oil and the price at the pumps and he's raised the issue of gouging with the federal government. Opposition Liberal Leader Andrew [Read more]
Enbridge to sell natural gas processing business to Brookfield group for $4.31B
CALGARY - A $4.31-billion deal to sell Western Canadian natural gas processing plants and gathering pipelines is expected to advance Enbridge Inc.'s strategic makeover and pay down debt while funding ambitious growth plans. News of the sale to a partnership led by Brookfield Infrastructure on Wednesday followed word last week that Enbridge's biggest growth project, the $9-billion Line 3 replacement pipeline, cleared its last major regulatory hurdle in Minnesota and is expected to be in [Read more]
Canadian crude-by-rail exports rise to record high in April, NEB reports
CALGARY - The National Energy Board says crude-by-rail exports from Canada grew to a record 193,500 barrels per day in April, up 13 per cent from the previous month, as full pipelines forced more producers to use trains to get their products to market. The oil shipping tally beat the previous record of nearly 179,000 bpd in September 2014 and was well ahead of the 150,000 bpd moved in April 2017. Andrew Botterill, a partner with accounting firm Deloitte, says he expects rail shipments will [Read more]
Husky awaits explosion investigation results before restarting asphalt refinery
CALGARY - Two months after fire and explosions ripped through its recently purchased asphalt refinery in Superior, Wis., Husky Energy Inc. says it still doesn't know when it will be able to restart the facility. Spokesman Mel Duvall says investigations are continuing into the cause of the April 26 incident in which 11 people were injured and nearby homes evacuated while plumes of black smoke rose into the sky. He says the Calgary-based company won't be able to fully assess damage [Read more]
Trans Mountain outlines construction plans for next six months in Alberta, B.C.
VANCOUVER - Trans Mountain has filed a six-month construction schedule with the National Energy Board for the expansion of its Alberta-to-B.C. pipeline. The company says work has been underway since last fall at the Westridge Marine Terminal in Burnaby, B.C., and will continue along with additional work in the Lower Mainland. It says it will begin this month to develop the Westridge Marine Terminal tunnel portal at Burnaby Mountain and relocate existing infrastructure to expand [Read more]
Irving Oil strikes deal with Couche-Tard to acquire and brand retail sites
HALIFAX - Irving Oil says it has signed a deal with Alimentation Couche-Tard Inc. to acquire 13 and brand 23 retail sites across Atlantic Canada. Financial terms of the deal were not immediately available. All of the sites were previously operated under the Ultramar brand. Nine of the 13 acquired sites are in Nova Scotia with locations in Halifax, Dartmouth, Lower Sackville and Truro. The additional sites acquired are in St. John's, N.L., Charlottetown and Dieppe, [Read more]
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