VANCOUVER - New Democrat MP Kennedy Stewart says he knew he'd face legal punishment when he violated an injunction at a Kinder Morgan work site but he has no regrets about protesting the expansion of the Trans Mountain pipeline. Stewart says he pleaded guilty to a criminal contempt of court charge in British Columbia Supreme Court on Monday after he was arrested outside Kinder Morgan's pipeline terminal in Burnaby, B.C., on March 23. "The police read me the injunction and I understood it [Read more]
Easing pipeline congestion lets Western Canada producers enjoy higher oil prices
CALGARY - Canadian oil producers are pocketing higher profits as a rise in world oil prices meshes with an improving supply-demand balance that has reduced the price discounts they faced earlier this year. Analysts say temporary shutdowns at Alberta oilsands projects for scheduled maintenance this spring have eased the pipeline congestion that had been exacerbating the difference between bitumen-blend Western Canadian Select and New York-traded West Texas Intermediate crude prices. That [Read more]
Former vice president Al Gore’s anti-pipeline tweet irritates Alberta premier
CALGARY - Alberta Premier Rachel Notley says an anti-oilsands tweet by former U.S. vice-president Al Gore shows a lack of understanding about the facts. Gore said on Twitter on Thursday that the Trans Mountain pipeline expansion would be a step backward in solving the climate crisis. He said the Alberta-to-B.C. pipeline would carry what he called "dirty tar sands oil," a term favoured by industry opponents. Notley says views like Gore's are having an ever-shrinking impact [Read more]
Former U.S. vice-president condemns Kinder Morgan pipeline expansion on Twitter
VANCOUVER - Former U.S. vice-president Al Gore says the Trans Mountain pipeline expansion is destructive and should be stopped. The environmentalist posted a tweet Thursday saying the pipeline carrying "dirty tar sands oil" would be a step backward in efforts to solve the climate crisis. Tar sands is considered a derogatory term by some for the oilsands in Alberta. Gore says he stands with B.C. Premier John Horgan, Vancouver Mayor Gregor Robertson and all of the other [Read more]
Alberta premier confident pipeline talks will succeed by May 31 deadline
EDMONTON - Alberta Premier Rachel Notley says she's confident talks aimed at getting construction of the Trans Mountain pipeline expansion back on track will be successful before a May 31 deadline. Notley says she can't divulge details of talks with Kinder Morgan, but says they are focused on the financial viability of the $7.4-billion project and on getting construction restarted this summer. Alberta and Prime Minister Justin Trudeau's government are in discussions with the company to [Read more]
Alberta adds two-year sunset clause to bill that would regulate oil shipments
EDMONTON - Alberta is putting an expiry date on proposed legislation that would allow the province to regulate oil and gas shipments. The government has said it might use such a law against British Columbia if that province continues to block an expansion of the Trans Mountain pipeline. Parties on both sides of the house voted on Wednesday to accept an Alberta Party amendment to put a two-year limit on the bill. It proposes that Alberta have the power to restrict and redirect flows of [Read more]
NAFTA body calls for investigation into oilsands tailings enforcement
The three countries in the North American Free Trade Agreement are to vote on whether to investigate if Canada is failing to enforce environmental legislation on tailings ponds in Alberta's oilsands. The vote is required after the trade treaty's environmental watchdog concluded there were serious questions about how the federal government enforces the Fisheries Act in relation to the massive ponds. Scientific evidence suggests the ponds that contain water used in oilsands [Read more]
Enbridge Q1 profit hurt by one-time charges, adjusted profit grows
CALGARY - Enbridge Inc. reported its first-quarter profit fell compared with a year ago as it was hit by a number of one-time charges. The pipeline company says it earned $445 million or 26 cents per share for the three months ended March 31 compared with a profit of $638 million or 54 cents per share a year ago. On an adjusted basis, Enbridge says it earned $1.38 billion or 82 cents per share for the quarter compared with $657 million or 57 cents per share in the first quarter [Read more]
Oilsands advocate chides singer Jann Arden over 2016 tweet about industry
FORT MCMURRAY, Alta. - An oilsands advocate is chiding singer Jann Arden for being "insensitive" to the plight of the ailing industry in a social media post she made more than two years ago. In the 2016 tweet, Arden criticized the Alberta government over its policy of rounding up wild horses on Crown land, saying the horses don't do as much damage as the "Tar sands" — a derogatory term for the oilsands. Robbie Picard, who has a Facebook page called OilSands Strong, is calling on [Read more]
First Nation leader pitches sustainability to pipeline investors
HOUSTON - Environmental and First Nations groups say shareholders at Kinder Morgan's annual general meeting voted for a resolution today for greater sustainability disclosure after a presentation made by a chief from British Columbia. Neskonlith Chief Judy Wilson says she told the meeting in Houston that environmental, social and governance issues can pose significant risks to business and without proper disclosure, shareholders won't know if they are vulnerable to those risks. [Read more]
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