VANCOUVER - A company accused of operating a ship that leaked bunker fuel in Vancouver's English Bay in April 2015 failed to appear in British Columbia Provincial Court to face charges linked to the spill. The MV Marathassa and Alassia NewShips Management Inc., a firm based in Greece, were due in court Wednesday on 10 charges, including discharge of a pollutant, but only a lawyer for the ship appeared. The spill of at least 2,700 litres of bunker fuel in English Bay and the [Read more]
Spanish energy giant joins list of companies subletting downtown Calgary offices
CALGARY - Spanish oil and gas giant Repsol SA is looking to sublet some of its downtown Calgary office space, adding to a market already swollen by energy industry cutbacks and layoffs. Repsol's Canadian branch has vacated eight of its 22 floors in the 52-floor Bankers Hall West over the past year and is now seeking tenants to take over its leases, said spokeswoman Berta Gomez in an email. She said the space was originally leased by Calgary-based Talisman Energy, which was [Read more]
Company charged in English Bay fuel spill must challenge summons in B.C. court
VANCOUVER - A Federal Court judge has rejected an application for judicial review filed by a Greece-based company facing charges in a 2015 fuel spill in Vancouver's English Bay, saying it must make its case in British Columbia Supreme Court. The MV Marathassa and Alassia NewShips Management Inc. each face 10 charges, including discharge of a pollutant and failure to implement an oil pollution emergency plan and are scheduled to appear in B.C. Provincial Court on Wednesday. [Read more]
National Energy Board outsources whistleblower hotline to private company
CALGARY - The National Energy Board is outsourcing its whistleblower hotline to a private company after a consultant criticized flaws in its system to field complaints from tipsters who want to remain anonymous. The federal agency says it has signed an agreement with Toronto-based ClearView Connects, a confidential reporting service, which is now accepting anonymous calls, letters and emails on the NEB's behalf. In a report commissioned by the NEB early last year, a consultant [Read more]
New labour deal at Regina refinery ratified by members of Unifor union
REGINA - A tenative labour deal at the Co-op refinery in Regina has been ratified by union members. Both the refinery and Unifor Local 594 sent out tweets on Monday night saying the pact had been approved. The union's bargaining committee had said it wasn't "the deal we wanted" but they would recommend its acceptance. About 800 workers had been poised for a lockout starting on Sunday. Negotiations for a new contract have been ongoing for months after the last [Read more]
Trade tiff: Alberta premier checking if Saskatchewan’s Wall breaking rules
RED DEER, Alta. - Cross-boundary political sniping between Alberta Premier Rachel Notley and Saskatchewan's Brad Wall has escalated over Wall's attempt to poach oil and gas firms. Wall's government sent letters earlier this week to several Calgary-based energy companies offering them incentives to relocate to Saskatchewan. The government is offering to subsidize relocation costs, trim taxes and royalties and help find space in unused government buildings. Notley on Thursday [Read more]
Iceberg has near-miss with massive floating oil platform off Newfoundland
ST. JOHN'S, N.L. - A floating oil platform off Newfoundland has had a near-miss with an iceberg the size of a small office building. Husky Energy said a "medium size" iceberg came within 180 metres of the SeaRose FPSO at about 5:30 a.m. Wednesday. "We had an iceberg pass close by our production facility," Husky's Colleen McConnell said Thursday. "We've been monitoring this particular piece of ice for awhile. It changed direction at about two in the morning, and we [Read more]
C$17.7B Cenovus deal seen as likely to be last oilsands blockbuster
CALGARY - Cenovus Energy's blockbuster $17.7-billion deal to buy most of the Canadian assets of Houston-based ConocoPhillips will likely stand as the biggest acquisition in the oilsands sector for years to come, say some industry watchers. While other deals are expected to materialize, analysts note there are fewer significant assets available after more than a year of consolidation transactions in Alberta's oilpatch worth billions. "If you think about who's left in terms of [Read more]
Oilsands showdown coming over cleanup of tailings ponds: report
EDMONTON - Alberta's oilsands could be heading for another showdown over tailings ponds after an independent assessment found that the cleanup plans of six major operators don't meet new rules. Suncor's intentions have been rejected by the Alberta Energy Regulator and a clean-energy think tank says its analysis has concluded plans by other producers have similar shortcomings. "All companies have submitted plans that are not consistent with Alberta's tailings management [Read more]
A look at the oilsands deals that have consolidated Canadian control
CALGARY - Cenovus Energy (TSX:CVE) made a splash in the oil patch Wednesday with a $17.7-billion deal to buy a big chunk of U.S.-based ConocoPhillips's oilsands assets, doubling the size of the Calgary-based company in the process. Here's a quick look at some of the other deals struck by Canadian operators: Canadian Natural Resources (TSX:CNQ) announced on March 9 plans to spend $12.7 billion buying up oilsands assets from Netherlands-based Royal Dutch Shell and U.S.-based Marathon Oil. [Read more]
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