FORT MCMURRAY, Alta. - A fire that broke out at a Syncrude oilsands site in northern Alberta was the result of a supply line that broke and leaked light oil, a company spokesman said Wednesday. Crews were allowing the blaze at the Mildred Lake oilsands upgrader to burn itself off of flammable chemicals, 24 hours after it erupted on Tuesday afternoon, because that's the safest way to dispose of the residual material, Will Gibson said. "The fire was the result of a line failure [Read more]
Some facts about Syncrude and its Mildred Lake site
FORT MCMURRAY, Alta. - Syncrude Canada was responding to an explosion and fire Tuesday at its upgrader at Mildred Lake near Fort McMurray in northern Alberta. Here are some facts about Syncrude: — Incorporated in 1964. Started operations in 1978. — Current production capacity 350,000 barrels a day of high-quality light crude oil. Cumulative production exceeds 2.4 billion barrels. — Employs about 5,000 people directly as well as another 2,400 contract employees on average. [Read more]
Syncrude responding to fire at upgrader at oilsands site in northern Alberta
FORT MCMURRAY, Alta. - One worker was injured in an explosion and fire at a Syncrude Canada oilsands site in northern Alberta on Tuesday. By the evening, Syncrude had sent out a tweet saying the fire at the Mildred Lake upgrader had been isolated and was under control. "All Syncrude personnel and contractors are to report for their night shift as per usual," said the company. Alberta Health Services said emergency medical staff transported one person in serious but stable [Read more]
First Nations resource coalition welcomes new member from Fort Nelson
FORT NELSON, B.C. - A community in northeastern British Columbia is joining a group advocating for First Nations' opportunities and influence in resource projects. Fort Nelson First Nation says it will formally participate in the First Nations Major Projects Coalition. Acting Chief Sharleen Gale says they see value in working with other First Nations to advance their economic and environmental interests in projects on their territories. There are now 28 elected and [Read more]
Alberta’s finance boss says budget to continue commitment to front-line spending
EDMONTON - The coming Alberta budget will include funding for 10 new schools. Sources have told The Canadian Press that Thursday's budget will also have money for nine replacement schools and seven modernizations. The projects are expected to create 6,800 brand new spaces and 6,000 replacement spaces in 15 municipalities. Those locations include Edmonton, Calgary, Airdrie, Bonnyville, Banff, Drayton Valley, and Grande Prairie. Education Minister David Eggen [Read more]
TransCanada to seek regulator’s OK after gas shippers approve new pipeline toll
CALGARY - TransCanada (TSX:TRP) says it has lined up enough shipper support to go ahead with a new pipeline tolling system designed to allow more western Canadian natural gas to be shipped to Ontario to compete with growing American supplies. The Calgary-based pipeline company says it will now seek regulatory approval from the National Energy Board for the new tolls with a targeted in-service date of Nov. 1. TransCanada is offering the lower toll costs to help fill its [Read more]
Oil industry will continue to lose money this year: Conference Board of Canada
CALGARY - The Conference Board of Canada says the oil industry will continue to lose money for much of this year despite stronger financial conditions and the promise of new pipeline capacity. Economist Carlos Murillo says the sector has narrowed losses since hitting rock bottom with an $11-billion overall loss in the first quarter of 2016, but it won't post positive numbers until the fourth quarter of this year. He says he expects the industry to recover to match its 2010 profit [Read more]
PM Trudeau says Canada’s regulations bring clarity energy companies need
HOUSTON - Boosting confidence in both the energy industry and the environmental regulators that oversee it will help attract investment in Canadian natural resources over the long run, Prime Minister Justin Trudeau said Friday as he wrapped up two days in the U.S. energy heartland. "The one thing I have heard consistently from leaders in the energy industry is the need for clarity," Trudeau said Friday in Houston, Texas, where he attended an influential gathering of politicians and [Read more]
Environment Minister McKenna says U.S. trade ‘number 1’ focus of government
CALGARY - The federal environment minister says Canada's image has been burnished internationally by federal and provincial plans to combat climate change. Catherine McKenna told a Calgary Chamber of Commerce luncheon Thursday that within weeks of Alberta announcing a sweeping plan to tackle carbon emissions in late 2015, she heard people at international gatherings switch from derisively calling the oilsands "tarsands" to much more positive language. "I think our reputation has [Read more]
U.S. Secretary of State recuses himself from Keystone XL decision.
WASHINGTON - U.S. Secretary of State Rex Tillerson says he won't be involved in the decision-making process for the Keystone XL pipeline after a lengthy career in the oil industry that included investments in Alberta's oilsands. His department sent a letter Thursday to Greenpeace announcing that he moved last month to recuse himself from any involvement in the Keystone file and had not participated since then. The file technically belongs to his office — the State Department [Read more]
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