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Alberta premier says B.C. approval of Trans Mountain pipeline good for Canada

January 11, 20175:22 PM The Canadian Press0 Comments

EDMONTON - Alberta Premier Rachel Notley says British Columbia's decision to approve the expansion of the Trans Mountain oil pipeline will benefit both provinces. Notley says the pipeline will help Alberta's battered economy, create jobs in both provinces and help attract international investment to Canada. She says there are plenty of people who support the pipeline and some opponents will be won over when they learn about how it will help the economy and how the federal [Read more]

Kinder Morgan

B.C.’s five conditions set out for Trans Mountain pipeline approval

January 11, 20174:55 PM The Canadian Press0 Comments

VICTORIA - British Columbia Premier Christy Clark said Wednesday that all of her government's conditions had been met for approval of Kinder Morgan's Trans Mountain pipeline. Here is a list of the conditions the premier unveiled in 2012. 1. Successful completion of the environmental review process. B.C. initially planned to rely on the National Energy Board's review of the expansion. The B.C. Supreme Court ruled last year that the province couldn't simply depend on federal [Read more]

Kinder Morgan Trans Mountain Pipeline

B.C. grants Trans Mountain pipeline environmental approval

January 11, 20172:47 PM The Canadian Press0 Comments

VICTORIA - Premier Christy Clark announced British Columbia's support for the expansion of the Trans Mountain pipeline Wednesday, saying the project meets her government's five conditions for approval and includes a revenue-sharing agreement worth up to $1 billion. Clark said she's now convinced Kinder Morgan Canada's $6.8-billion project will protect B.C. from potential environmental damage with world-leading spill prevention and response measures. The project also promises $20 [Read more]

Kinder Morgan Trans Mountain Pipeline

NEB seeks public input on expanded pipeline emergency plan disclosure rules

January 11, 201712:23 PM The Canadian Press0 Comments

CALGARY - The National Energy Board says it will require companies making pipeline applications to provide more detail on their emergency response plans. The federal regulator says the rule changes are being made in response to frequent demands from participants at its recent public hearings. It launched a 60-day online public comment period Wednesday to gather input to be used in the final draft of its ruling. The new rules are expected to require more information at the [Read more]

National Energy Board confirms review panel for Energy East pipeline proposal

January 10, 20175:13 AM The Canadian Press0 Comments

CALGARY - Environmental groups are calling for the Energy East pipeline review process to start from scratch now that the National Energy Board has formally appointed new members to the review panel. Transition Initiative Kenora filed a notice of motion Tuesday arguing that all decisions made by the prior panel members have been put into question after they stepped down because of questions about a potential conflict of interest last year. "What we're arguing is that because [Read more]

TransCanada

B.C. First Nation expected to launch court challenge of LNG approval

January 10, 20172:00 AM The Canadian Press0 Comments

VANCOUVER - Members of a British Columbia First Nation have launched what has become the fourth Federal Court challenge against a liquefied natural gas project proposed for the province's north coast. Gitxsan Nation hereditary chiefs Charlie Wright and Yvonne Lattie filed a request for a judicial review of the Pacific Northwest LNG project on Tuesday in Vancouver on behalf of 650 members in various clans. The leaders said in a news release that the project that was approved by [Read more]

LNG Petronas

2 Ontario First Nations suing TransCanada over pipeline consultation process

January 9, 20171:06 PM The Canadian Press0 Comments

TORONTO - Two indigenous communities in northern Ontario are suing TransCanada in a bid to expand the pipeline consultation process to include maintenance operations. TransCanada wants to conduct what it calls integrity digs on a nearly 30-kilometre stretch of natural gas pipeline that runs through traditional territories of the Aroland First Nation and Ginoogaming First Nation. The First Nations allege in their multimillion-dollar suit that TransCanada should hold consultations [Read more]

TransCanada

Alberta seeks public input into 2017-2018 budget; says no new major spending

January 9, 201711:57 AM The Canadian Press0 Comments

EDMONTON - The Alberta government says it wants to hear from the public before it finishes the upcoming budget. Consultations are to include invitation-only meetings this month in nine communities as well as a phone-in meeting involving Premier Rachel Notley. Finance Minister Joe Ceci says there will be no new major spending in the financial plan that is expected to be tabled in March. The government, still faced with soft oil prices, is looking for ideas on how it can [Read more]

Encana expects 2017 profit margin will be 25% higher than projected in October

January 4, 20174:44 AM The Canadian Press0 Comments

CALGARY - Encana Corp. says it's even more optimistic about its prospects in 2017 than it was a few months ago. The Calgary-based oil and gas company (TSX:ECA) now expects its corporate profit margin to be above US$10 per barrel of oil equivalent. That's 25 per cent higher than the $8 per barrel margin anticipated at Encana's investor day in October. Encana says its new projection is based on anticipated cost reductions and higher total volumes in the second half of 2017. [Read more]

Encana

AltaGas formally commits to building B.C.’s first propane export terminal

January 3, 20174:35 PM The Canadian Press0 Comments

CALGARY - AltaGas Ltd. says it has committed to building what it expects to be the first propane export terminal on Canada's west coast after receiving approval from federal regulators. The Calgary-based company (TSX:ALA) said Tuesday it plans to soon start construction on the roughly $475-million Ridley Export Terminal near Prince Rupert, B.C., with the goal of exporting propane by early 2019. The project is expected to create 200 to 250 construction jobs and about 40 to 50 [Read more]

AltaGas

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