CALGARY - Enerflex Ltd. has named Paul Mahoney as the company's new president and chief executive, effective Sept. 29. Mahoney was group president, production and automation technologies at ChampionX Corp., which was acquired earlier this year by SLB. Enerflex board chair Kevin Reinhart says Mahoney, who will also join the company's board, is an accomplished and seasoned executive with broad industry experience. The company says Preet Dhindsa, who has been serving as interim chief [Read more]
Ottawa working with Alberta, oil companies on emissions cap: Minister
OTTAWA - Natural Resources Minister Tim Hodgson says The federal government is in discussions with Alberta and oil companies on the federal emissions cap for the oil and gas industry. At a news conference in Winnipeg, Hodgson says both the province and industry agree with the government there needs to be a "fundamental change in the emissions intensity of the oilsands." He says they are in "productive" discussions on how they get to results, but will not "negotiate through the media" how that [Read more]
Alberta premier praises first batch of national-interest projects
CALGARY - Energy industry players and Alberta's premier say they see promising signs in the first batch of projects announced under Ottawa's new fast-tracked approval process, but environmentalists warn the inclusion of liquefied natural gas locks Canada into a high-carbon future. Prime Minister Mark Carney on Thursday named the first five proposals to be referred to the new Major Projects Office based in Calgary, which aims to speed development of projects deemed in the national [Read more]
Alberta’s Smith says she found unprecedented common ground in meeting with Carney
EDMONTON - Alberta Premier Danielle Smith says her latest meeting with Prime Minister Mark Carney has inspired optimism and he is demonstrating a "real shift" from the previous Justin Trudeau-led Liberals. Speaking in Edmonton, Smith says she found more common ground with the prime minister when she met with him this week than she has in any meeting with a prime minister. She also took to social media following her face-to-face to say that although there are details to be worked out, the [Read more]
Here are the first major projects on Ottawa’s fast-track list
OTTAWA - Prime Minister Mark Carney named the first five projects on the federal government's fast-track list on Thursday — part of his plan to attract outside investment and bolster the Canadian economy. The projects include planned energy development, mining and port infrastructure projects from the West Coast to Central Canada. The government also released an expanded list of projects not quite ready for prime time that includes additional initiatives in Eastern Canada and the [Read more]
Carney to unveil major projects list in Edmonton amid push for investment
EDMONTON - Prime Minister Mark Carney will today unveil his government's list of candidates for major projects that could get fast-track approval as he pushes to spur investment and grow the economy. Bill C-5, which moved through Parliament at lightning speed in the spring, is meant to streamline and speed up approvals for large infrastructure projects the prime minister and his cabinet decide are in the national interest. Carney's government launched a new office over the summer to hasten [Read more]
Alberta’s Premier Smith to meet Prime Minister Carney in Edmonton, repeat her demands
EDMONTON - Alberta Premier Danielle Smith is expected to reiterate her policy demands face-to-face with Prime Minister Mark Carney Wednesday while he's in Edmonton to meet with his Liberal caucus. Smith, on her weekend call-in radio show, says she's looking for "real movement" on nine federal policies she says have "pummeled" Alberta's economy and wellspring oil and gas industry. Her wish list includes scrapping the greenhouse gas emissions cap and re-writing Bill C-69, long labelled the "no [Read more]
Cenovus selling stake in WRB Refining to joint venture partner Phillips 66 for $1.9B
CALGARY - Cenovus Energy Inc. has signed a deal to sell its 50 per cent stake in WRB Refining LP to its joint venture partner Phillips 66 for about $1.9 billion. The WRB joint venture includes the Wood River Refinery in Illinois and the Borger Refinery in Texas. The operations have combined crude throughput capacity of 495,000 barrels per day or 247,500 barrels per day net to Cenovus. Once the deal is complete, Cenovus says its downstream business will have total crude throughput [Read more]
Alberta to create standards for releasing oilsands tailings into environment
EDMONTON - The Alberta government is planning to create standards for releasing treated oilsands tailings into the environment. Creating those standards is one of four new policy recommendations pitched by a government-appointed committee tasked over a year ago with studying tailings management options. Tailings are mixture of water, sand, bitumen residue and chemicals considered toxic to fish and other wildlife. As of 2023, nearly 1.4 trillion litres of the substance were stored in the [Read more]
Enbridge gives go ahead for two natural gas transmission projects
CALGARY - Enbridge Inc. says it is going ahead with a pair of natural gas transmission projects. The company says it expects to spend US$300 million on the Algonquin Reliable Affordable Resilient Enhancement project which will increase deliveries from the Algonquin Gas Transmission pipeline to existing local distribution company customers in the U.S. Northeast. Subject to government and regulatory approvals, Enbridge says it expects to complete the project in 2029. Enbridge also says it [Read more]
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