EDMONTON - Alberta Premier Rachel Notley says a proposal to move part of the National Energy Board's operations to Ottawa is "dumb" and she's opposed to the idea. A federal panel on the modernization of the NEB made the proposal to move to Ottawa the board of directors, a new energy statistical agency, the government co-ordination office, and to shift electricity transmission staff to Ottawa. The panel, however, said that moving all of the NEB, which is focused on pipeline [Read more]
Alberta NDP government granted intervener status in Trans Mountain lawsuits
CALGARY - Opponents of the Trans Mountain pipeline expansion have no power to stop it, Alberta Premier Rachel Notley said Tuesday in her strongest rebuke yet since the outcome of the British Columbia election cast doubt over the project. "We understand that some oppose the twinning of the pipeline and I respect their opinions," Notley told a news conference in Edmonton. "But I fundamentally disagree with the view that one province or even one region can hold hostage the economy [Read more]
National gas station count growing again thanks to stronger profit margins
CALGARY - The number of gasoline stations in Canada grew for the second consecutive year in 2016 after a 10-year decline that resulted in the loss of one in five outlets. The Kent Group's annual census showed a net increase of 15 outlets in 2016, taking the total to almost 12,000 or about three stations for every 10,000 people. Just over 100 stations were added in 2015. The survey by the retail fuel industry consulting firm comes as large refining companies sell their retailing [Read more]
East Coast LNG proponent teams up with Quebec explorer to tap public markets
CALGARY - The developer behind the Goldboro liquefied natural gas project on the East Coast is planning a reverse takeover of a Quebec oil and gas exploration firm to expand financing options ahead of a development deadline. Calgary-based Pieridae Energy Ltd. said Monday it's combining with Petrolia Inc. (TSX-V:PEA) to have both a more integrated supply of natural gas, and to allow it to tap into both private and public sources of financing, as it looks to make a final investment [Read more]
Dismantle National Energy Board, Liberal-Appointed Panel Urges Feds
OTTAWA — A panel advising the government on how to overhaul the National Energy Board says the regulator should be dismantled and replaced with two new agencies, all within a more coherent national energy policy. The five-member panel, appointed last fall, presented its report this morning to Natural Resources Minister Jim Carr. After months of public hearings and talking to stakeholders, the panel says the National Energy Board has been given an impossible task: regulating the growth of [Read more]
Panel examining role of National Energy Board delivers report today
OTTAWA - A panel advising the government on how to overhaul the National Energy Board says Canada's current system for reviewing and regulating energy projects is broken and facing a crisis of confidence in the eyes of the public. The five-member panel, appointed by Natural Resources Minister Jim Carr, delivered a 100-page report Monday that calls for a full-blown rethink of how the system works, including the dismantling of the National Energy Board into two separate agencies, along [Read more]
Liberal bill will bar oil tanker traffic from northern B.C. coast
OTTAWA - New legislation introduced by the federal government will bar most oil tankers from operating along the coast of northern British Columbia. It will ban tankers carrying crude oil and so-called persistent oils from stopping, loading or unloading at any ports or marine installations from the northern tip of Vancouver Island all the way to the B.C.-Alaska border, including Haida Gwaii. The legislation fulfills an election pledge made by Prime Minister Justin Trudeau and [Read more]
Notley’s outlook for Kinder Morgan pipeline unswayed by uncertain B.C. vote
CALGARY - Alberta Premier Rachel Notley says the uncertain outcome of the British Columbia election should not change the fate of the Trans Mountain pipeline expansion. Notley supports the $7.4-billion project proposed by Texas-based Kinder Morgan to triple the amount of crude that flows from the Edmonton area to the B.C. Lower Mainland. The federal government approved the project late last year, so Notley doesn't believe a political shift in Alberta's western neighbour is much [Read more]
Enbridge commits to greater disclosure on indigenous and environmental issues
CALGARY - Enbridge Inc. (TSX:ENB) says it will increase disclosure on how it factors in indigenous and environmental issues when making acquisitions, despite shareholders voting about two-thirds against a resolution calling for just that on Thursday. "We thought, and still do, that the idea of providing more information on our approach to investments and acquisitions was a very good one," said chief executive Al Monaco at the company's annual general meeting. He said the company [Read more]
Federal Liberals to reinforce Trans Mountain pipeline support with B.C.
CALGARY - Canada's Liberal government will make clear its support of the Trans Mountain pipeline expansion when it meets with the newly elected government of B.C., the country's natural resources minister said Thursday. But Jim Carr said it first must be established who won the election on Monday. The results appear to hand Liberal Leader Christy Clark a minority government, but this could change with counts of absentee ballots and recounts. A total of 43 members of Clark's party [Read more]
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