WINNIPEG - Manitoba Premier Brian Pallister is ruling out a cap-and-trade system in his province as part of a national strategy to reduce emissions, but he's not definitive on a possible carbon tax. Prime Minister Justin Trudeau has given the provinces until 2018 to either institute a cap-and-trade approach or set a carbon price of at least $10 a tonne. Pallister says any federal plan should recognize that Manitoba has already moved toward cleaner energy through hydro [Read more]
Oil company gives Saskatchewan First Nation compensation for oil leak
MELFORT, Sask. - A Saskatchewan First Nation has received compensation from Husky Energy due to damage from its oil spill in July. Husky spokesman Mel Duvall says the James Bay Cree First Nation has been given money, but he wouldn't say how much. Duvall says Husky (TSX:HSE) had oil-sniffing dogs working last week along the North Saskatchewan River and they did find evidence of oil. The First Nation, about 60 kilometres east of Prince Albert, had ordered residents to not [Read more]
Alberta won’t support Ottawa’s climate change plans without a pipeline: Notley
EDMONTON - Alberta Premier Rachel Notley says the province will not support Ottawa's climate change plan unless the federal government makes progress on new oil pipelines to Canada's coasts. Prime Minister Justin Trudeau announced a national "floor price" on carbon Monday as he kicked off debate in the House of Commons over whether Canada should ratify the Paris accord on climate change. Notley immediately issued a statement saying her government supports a common carbon price. [Read more]
B.C. says Petronas is not considering sale of proposed LNG terminal
VANCOUVER - The Malaysian state-owned oil firm Petronas denies a report that the company was considering selling its stake in a multibillion-dollar liquefied natural gas project in British Columbia. A statement from Petronas says it remains committed to working with its partners following a conditional approval from the federal government for the proposed Pacific NorthWest LNG project. A news report indicated the firm was pondering selling its stake, which the company says it [Read more]
Ex-TransCanada CEO says Energy East setback a win for anti-development activists
BANFF, Alta. - Delays caused by the replacement of a panel reviewing the Energy East Pipeline project show that Canada's regulatory system is flawed and must be fixed, says a former CEO of proponent TransCanada. Hal Kvisle said Thursday the recusal of a National Energy Board panel in early September just after hearings on the controversial project began was a victory for activists whose only objective is to block the process. "I think it's another failure of (the) regulatory [Read more]
Tundra Energy to acquire Saskatchewan pipeline system from Enbridge for $1.08Bn
CALGARY - Tundra Energy Marketing Ltd. announced it has reached an agreement to buy the South East Saskatchewan Pipeline System from Enbridge Income Fund Holdings for $1.075 billion in cash. Tundra said the deal is expected to close in late 2016, subject to various regulatory approvals. The South East Saskatchewan Pipeline System includes over 1,600 kilometres of crude oil and liquids gathering pipelines, approximately 547 kilometres of trunk line and four truck terminals. [Read more]
Court papers proof political pressure rushed pipeline approval: First Nation
EDMONTON - An Alberta First Nation says court documents suggest political and industry pressure hustled approvals for an oilsands pipeline through regulators and reduced aboriginal consultation. "Our concern is that this project was being pushed through too quickly and it would not meet the standards for consultation and review," said Eriel Deranger of the Athabasca Chipewyan First Nation. "That's exactly what happened." Officials with the Alberta Energy Regulator say repeated [Read more]
As seas heaved, 20-tonne pipe fell to within 12 metres of offshore oil well
HALIFAX - When heaving waters in the North Atlantic wrenched a string of massive steel pipes from a drilling ship off Nova Scotia's coast, one of the 20-tonne sections of the plummeting coil struck the seabed just 12 metres from the top of an undersea oil exploration well. The distance is one of several details in a Shell Canada accident report received through access to information legislation, prompting critics to say the entire incident was too close for comfort in an area near one of [Read more]
A timeline and five things to know about the proposed Pacific NorthWest LNG project in B.C.
Here is a timeline for the proposed Pacific NorthWest LNG project: Feb. 19, 2013: Pacific NorthWest LNG submits its project description to the Canadian Environmental Assessment Agency. April 29, 2013: Japan Petroleum Exploration Co. Ltd. agrees to buy 10 per cent of the liquefied natural gas that would be produced from Pacific NorthWest LNG over at least 20 years. This marks the first secure buyer for the project's LNG. July 5, 2013: Pacific NorthWest LNG applies to the National Energy [Read more]
Future of Pacific NorthWest LNG uncertain amid high costs and depressed market
CALGARY - The Pacific NorthWest LNG project may have secured the federal government's blessing, but it could not have come at a more inopportune time. The world market is awash in liquefied natural gas, a glut that has some wondering whether Malaysian energy giant Petronas and other backers are able to move ahead with the development. "We're just at the start of one of the largest buildups of LNG capacity in history, and we won't see the peak of that until some point in the early [Read more]
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