Calgary-based Enbridge Inc. (TSX:ENB) has cut hundreds of jobs across its operations following a company-wide organizational review. Canada's largest pipeline operator said Wednesday it has eliminated about 370 positions in Canada and about 160 in the U.S., making up roughly five per cent of its more than 11,000 staff. The company said the cuts stemmed from an organizational review launched in the first quarter of the year, well before it announced the $37-billion takeover of [Read more]
Oilsands research group says it is a ‘logical’ recipient of carbon tax grants
CALGARY - An environmentalist says that an oilsands research consortium that believes it knows where industry can best improve its environmental practices shouldn't be considered for grants paid for by carbon taxes. Keith Stewart of Greenpeace said he disagrees with a suggestion made Tuesday by Dan Wicklum, CEO of Canada's Oil Sands Innovation Alliance, that it's a "logical" choice to help Alberta's NDP government invest in environmental research funding initiatives or partnerships. [Read more]
Cut climate change funding for developing countries, use it in Canada: Wall
REGINA - Saskatchewan Premier Brad Wall says the federal government should consider cutting money intended to help developing countries tackle climate change and using it for research in Canada that could reduce global emissions. Wall wants to see the $2.6 billion Ottawa has earmarked for developing countries added to an existing $2-billion federal low-carbon economy trust. The premier says Saskatchewan has already laid the groundwork with a $1.5-billion carbon-capture facility [Read more]
Regulator issues formal order to Trilogy Energy over Alberta pipeline leak
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]
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