EDMONTON - Alvaro Pinto wants Alberta's energy regulator to follow its own oilsands rules. The director of sustainability for the Fort McKay First Nation — a community surrounded by oilsands developments — said he doesn't understand how the agency can say it's going to enforce one thing, then allow industry to do something else. "We are very disappointed," said Pinto, an environmental engineer who has worked in the industry around the world. "The Alberta Energy Regulator is simply ignoring [Read more]
Enbridge shares jump after Minnesota regulators approve Line 3 pipeline route
CALGARY - Enbridge Inc. shares rose by more than seven per cent in Toronto on Friday morning after regulators in Minnesota substantially approved its preferred route through the state to upgrade its deteriorating Line 3 crude oil pipeline. The stock spiked to $47.24 in early trading as word of the routing decision was added to news Thursday that state commissioners had recognized the need for the pipeline, despite vocal opposition from local Indigenous and environmental activists. [Read more]
Canada’s goal is to become world’s cleanest producer of LNG: Carr
OTTAWA - Natural Resources Minister Jim Carr says Canada's pathway to a clean energy future includes not only transitioning to renewable sources of energy but also technology that makes traditional fossil fuels cleaner to produce and burn. That path was laid out Thursday in a new report which points not only to developing more wind and solar power, but also to the environmental and economic benefits of Canada producing, shipping and burning oil and natural gas that is cleaner and more cost [Read more]
Alberta economy has recovered two-thirds of recession losses: government
EDMONTON - Alberta's finance minister says the province's economic picture is brightening with a lower-than-expected deficit last year thanks in part to higher resource revenues. The government's 2017-18 annual report shows Alberta ended the fiscal year with an $8-billion deficit. That's $2.5 billion lower than what was expected in last year's budget. The NDP government says it's on track to return to balanced books by 2023-24. "While we're happy to see our economy on the right track [Read more]
Predictions of pipeline protest violence derided by organizers from both sides
CALGARY - Pro-pipeline activists who hit the streets in increasing numbers this year to try to drown out anti-pipeline picketers plan to continue to confront their adversaries, even in the face of predictions of protest line violence. Stay-at-home mom and part-time activist Nicole Wapple, 37, of Red Deer, Alta., has been posting information on social media and occasionally taking part in protests for about two years since co-founding Rally4Resources, a self-described grassroots [Read more]
Nova Scotia committed to offshore exploration despite spill: Energy minister
HALIFAX - Nova Scotia's energy minister says he's concerned about the spill of thousands of litres of drilling fluids off the province's coast but remains committed to growing the oil and gas industry. Geoff MacLellan said he has "complete confidence" in the Canada-Nova Scotia Offshore Petroleum Board's investigation into BP Canada's leak of 136 cubic metres of synthetic drilling mud on Friday. "We've got a body in place that will protect the interests of all Nova Scotians," he told [Read more]
Federal carbon tax could pose costly drain on Saskatchewan economy: study
REGINA - A study by the University of Regina says the federal carbon tax could potentially reduce Saskatchewan's gross domestic product by almost $16 billion between 2019 and the end of 2030. The study says even the most conservative scenario shows a carbon tax of $50 per tonne would reduce provincial GDP by 2.43 per cent, or $1.8 billion annually. The study was done by the university's Institute for Energy, Environment and Sustainable Communities in conjunction with the provincial [Read more]
Study predicts Trans Mountain pipeline purchase will add to federal deficit
CALGARY - A study by a sustainable energy research group predicts the federal government's purchase of the Trans Mountain pipeline will add significantly to the deficit next year. The study released Tuesday by the Institute for Energy Economics and Financial Analysis said buying the Kinder Morgan Canada assets, plus planning and construction costs, will put $6.5 billion in unplanned spending on the books for the 2018-19 fiscal year. Study authors Tom Sanzillo and Kathy Hipple said that [Read more]
Canada’s largest national park, UNESCO site threatened: environmental assessment
Federal documents echo earlier concerns that Canada's largest national park faces long-term threats that have placed it on a list of endangered world heritage sites. An environmental assessment provided to UNESCO says oilsands activity, climate change and hydro development are fundamentally changing the environment of Wood Buffalo National Park in northern Alberta. The report's executive summary suggests things are getting worse in the Peace-Athabasca Delta. "Desired [Read more]
Syncrude outage expected to ease pipeline congestion, boost heavy oil prices
CALGARY - A production shutdown at Syncrude Canada's oilsands mine and upgrader complex in northern Alberta is expected to free up pipeline space out of Western Canada and strengthen prices for Canadian heavy oil. The company has said production of upgraded bitumen could remain offline at its works north of Fort McMurray through July. The stoppage was caused by a power outage last week. The interruption should help alleviate pipeline congestion in Western Canada that has [Read more]
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