CALGARY - The Alberta Energy Regulator has issued a formal order to oil and gas producer Trilogy Energy to contain, clean up and report on a pipeline leak from its operations in north central Alberta. AER spokesman Peter Murchland says the order requires the company to stop using its leaking pipeline, which it has already done, and formalizes a schedule of reports. It also orders Trilogy to provide daily updates for the public on its website. The company has said the oil and [Read more]
Federal government reduces size of proposed emergency fund for pipeline spills
CALGARY - The federal government is reducing the size of a proposed emergency fund pipeline operators would be required to have on hand to deal with short-term costs of incidents such as spills. Natural Resources Canada says the fund proposed under its new Pipeline Safety Act would bring down the minimum amount of "readily available" money to at least five per cent of a company's liability from the 10 per cent originally proposed when consultations on the act began more than a year ago. [Read more]
Trudeau says naysayers on Canada’s carbon-tax plan using ‘scare tactics’
MEDICINE HAT, Alta. - Prime Minister Justin Trudeau says he is aiming to counter the "political torque and misinformation" on the federal government's controversial carbon-pricing plan. Trudeau said the government's challenge is to ensure people understand that the money collected on carbon pollution will flow back to the provinces and territories. "There are a lot of people that are trying scare tactics and divisive tactics to point out disaster scenarios that have no basis in [Read more]
Alberta strikes panel for recommendations on oil refining, upgrading
EDMONTON - The Alberta government has struck a panel to advise it on the best way to upgrade its energy industry. Energy Minister Marg McCuaig-Boyd said Thursday the seven-member panel will do research, talk to stakeholders and the public, and report back in a year on initiatives such as upgrading and refining. "We're going to have them look at all of those options," said McCuaig-Boyd. "If there is going to be government policy or programs to help with this, we want to [Read more]
Conference Board predicts LNG investment rebound despite low world prices
CALGARY - The Conference Board of Canada says there's still room for optimism for Canada's liquefied natural gas export industry, despite global LNG prices that are expected to remain weak for at least the next three years. Economist Carlos Murillo says in a report that investments in new LNG facilities around the world are expected to fall off in the next few years after about US$200 billion was spent over the past decade. Investments are expected to fall to US$4 billion per [Read more]
TransCanada offers Alberta gas shippers lower price along Canadian Mainline
CALGARY - TransCanada Corp. (TSX:TRP) is offering lower-priced long-term contracts for Alberta natural gas shippers that want to use the Canadian Mainline system that stretches across the Prairies and winds through Ontario to a hub near Sarnia, Ont. The Calgary-based company says its proposal for a new round of binding commitments doesn't affect current contracts that are already in place for the system. Instead, TransCanada says the new tolling arrangement offers additional [Read more]
Trilogy Energy says oil emulsion spill in Alberta has covered 3 hectares
CALGARY - Trilogy Energy says the pipeline leak it discovered late last week in north central Alberta has covered an area about three hectares in size with oil emulsion — about the size of five CFL fields. In an update posted to its website late Tuesday, the Calgary-based oil and gas producer says it still doesn't know the volume of the spill into marshland about 15 kilometres from Fox Creek. The posting says that company president John Williams and other managers travelled to [Read more]
Trans Mountain pipeline builder says approval could create target for attackers
CALGARY - Kinder Morgan Canada is anticipating more attacks by activists if its Trans Mountain pipeline expansion from Edmonton to the West Coast is approved, president Ian Anderson says. Approval could paint a target on the project, resulting in more incidents like attempts Tuesday by protesters to shut down pipelines in four U.S. states, Anderson told reporters after speaking at an energy conference. "(There) will be localized impacts, there will be regionalized impacts and [Read more]
Wall says Clinton’s climate plan a better approach, Trudeau should take note
REGINA - Saskatchewan Premier Brad Wall says Prime Minister Justin Trudeau should look south of the border before implementing a carbon tax in Canada. Wall said the climate change plan released this week by U.S. presidential candidate Hillary Clinton supports investments in energy efficiency, cleaner fuels and carbon capture, but does not include a carbon tax. "When I take a look at Hillary Clinton's climate change plan, I wish Justin Trudeau was a little more like Hillary [Read more]
Oil and gas downturns in B.C. and Alberta ease Site C labour force concerns
VICTORIA - Alberta's loss is British Columbia's gain as fears of labour shortages for the construction of the massive Site C dam evaporate amid a slump in the oil and gas industry, says a new report released Tuesday. The slowdown is providing a steady supply of skilled workers for the Peace River project, the report says, easing previous concerns from experts who had warned of potential labour shortages. The downturn and low interest rates have also resulted in a lower bottom [Read more]
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