OTTAWA - Natural Resources Minister Jim Carr says he knew almost the moment he heard Kinder Morgan was pressing the pause button on the Trans Mountain pipeline expansion on April 8 that the federal government was likely going to have to buy the whole thing. Although the final decision to purchase took more than seven weeks of secret negotiations with the company — many of which even Carr was not in on as they were handled by Finance Minister Bill Morneau and a very small team of finance [Read more]
NEB approves modified Burnaby Terminal plans for Trans Mountain project
CALGARY - The National Energy Board says it has approved modified plans for the Burnaby Terminal of the Trans Mountain pipeline project, clearing a final regulatory hurdle for construction to start. The regulator says the approved variance application will significantly improve safety at the terminal, which is the end point for the controversial pipeline the federal government has agreed to buy as part of a $4.5-billion acquisition of Kinder Morgan Canada's core assets. The new [Read more]
Nexen Energy announces $400-million expansion of its oilsands project in Alberta
CALGARY - Nexen Energy says it will spend about $400 million to build a 26,000-barrel-per-day expansion of its Long Lake oilsands project in northern Alberta. The company, which was purchased by Chinese state-owned China National Offshore Oil Co. Ltd. (CNOOC) in 2013, says its Long Lake Southwest expansion will add three steam-driven well-pads that will send bitumen to its existing facilities. It says in a release on its website the project has been approved by the Alberta Energy Regulator [Read more]
N.S. hopes to boost offshore oil exploration with $12-million for research
HALIFAX - Nova Scotia's government will invest $11.8 million on geoscience research over the next four years to encourage offshore oil exploration. Energy Minister Geoff MacLellan announced the investment today. The exploration program collects core samples and makes maps of the ocean bottom and sub-bottom. The program is also working to recreate seismic images from 200 million years ago when Nova Scotia and Morocco separated. The work is done in collaboration between the Geological [Read more]
Better prices and new pipelines expected to drive higher Canadian crude output
CALGARY - A pipeline capacity gap that is impeding the movement of Western Canada's crude to market will close by 2021 and there will be surplus room from about 2022 until 2030, according to the Canadian Energy Research Institute. The Enbridge Line 3 and Trans Mountain expansion pipeline are expected to come onstream in about two years, followed by the Keystone XL pipeline about a year later, the Calgary-based think-tank said Tuesday in a forecast based on financial and market [Read more]
Canadians sign letter opposing U.S. Arctic drilling in wildlife sanctuary
Thousands of Canadians are asking American regulators not to allow oil drilling in an Alaskan wildlife sanctuary that is home to a crucial transboundary caribou herd. The request comes in a letter delivered Tuesday, the last day for comments to the U.S. Bureau of Land Management on its plans for an environmental assessment for energy exploration in the Alaskan National Wildlife Refuge, calving grounds for the Porcupine caribou herd. "Oil and gas extraction has no place in the Arctic [Read more]
Baytex Energy and Raging River Exploration sign merger deal
CALGARY - Baytex Energy Corp. and Raging River Exploration Inc. have signed a deal to merge operations. The combined company, which will operate under the Baytex name, is expected to have production of approximately 94,000 barrels of oil equivalent per day from a diverse portfolio of oil assets that includes the Viking, Peace River, Lloydminster and East Duvernay Shale regions in Canada and the Eagle Ford region in Texas. Under the agreement, Raging River shareholders will [Read more]
Indigenous protesters in Washington declare Trans Mountain won’t be built
VANCOUVER - Cedar George-Parker remembers the moment he decided to devote his life to defending Indigenous people and their traditional territories. It was the one-year anniversary of a shooting at his high school that killed four of his classmates in Marysville, Wash. "I dropped to my knees and I said, 'I'm going to make a change in the world,' " he recalled. George-Parker is among the Indigenous protesters in Washington state promising to fight the Trans Mountain pipeline expansion. [Read more]
Deliberate spill: study launched to test crude and bitumen impact on lake life
KENORA, Ont. - Researchers were in northwestern Ontario over the weekend spilling diluted oilsands bitumen and crude oil into a lake to study how the ecosystem, from microbes to fish, responds. The pilot project, known as Freshwater Oil Spill Remediation Study, is being done at the International Institute for Sustainable Development Experimental Lakes Area southeast of Kenora, Ont. Vince Palace, the scientist who is leading the experiment, said the area is typically known for [Read more]
Canada’s billions in fossil fuel subsidies to go under the microscope
OTTAWA - The federal government has taken a step towards fulfilling it's promise to get rid of fossil fuel subsidies by agreeing to finally explain how much it actually spends on them. Natural Resources Minister Jim Carr was in Argentina on Thursday where he and his Argentinian counterpart announced that each country will conduct a study on how much the other country subsidizes its fossil fuel industries. As part of both the G7 and G20, Canada has committed every year since 2009 that it [Read more]
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