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B.C. opts not to hike carbon tax in new climate plan, won’t adjust target dates

August 19, 20164:45 PM The Canadian Press0 Comments

RICHMOND, B.C. - The British Columbia government is maintaining a freeze on its carbon tax and refusing to budge on a timeline to reduce greenhouse gas emissions in a new climate plan that environmental groups describe as a missed opportunity. Premier Christy Clark said Friday that the government needs to keep the province economically competitive to protect jobs in the battle against climate change as she highlighted 21 measures the province is taking to cut emissions. "A [Read more]

Carbon Tax

Work halted on pipeline Enbridge spending US$1.5 billion to buy into

August 18, 20162:19 PM The Canadian Press0 Comments

CALGARY - Developers have halted work on part of a major pipeline project in North Dakota that Enbridge Inc. recently announced it would spend US$1.5 billion to buy into. The US$3.7-billion Dakota Access Pipeline is set to run through four states and has faced protests and opposition over concerns about environmental impacts. The Standing Rock Sioux Tribe in southern North Dakota sued federal regulators last month for approving the pipeline, arguing it would affect drinking water [Read more]

Bakken Enbridge

Rural water customers affected by oil spill may get break on bills

August 16, 20169:28 PM The Canadian Press0 Comments

PRINCE ALBERT, Sask. - Some rural water utility customers whose service was affected by an oil spill on the North Saskatchewan River last month may be getting a break on their bills. Prince Albert Rural Water Utility general manager Ken Danger says the utility hasn't decided, yet, how customers will be compensated but says he fully expects something will be done. The City of Prince Albert supplies the utility, but had to turn off the taps to conserve water when a Husky Energy [Read more]

Husky Energy

Saskatchewan Water Security Agency says samples OK after oil spill in river

August 15, 201610:39 AM The Canadian Press0 Comments

PRINCE ALBERT, Sask. - A city that was forced to close its water intakes after an oil spill on the North Saskatchewan River has received a $5-million payment from Husky Energy. The city of Prince Albert says the initial payment will help cover direct costs and indirect losses due to a pipeline leak that spilled up to 250,000 litres of oil mixed with a lighter hydrocarbon into the river near Maidstone, Sask., in July. The city was left scrambling to find other water sources and [Read more]

Husky Energy

According to federal Government, Ontario automakers faced more pain in ’09 than Alberta’s ongoing oil woes

August 14, 20169:00 AM The Canadian Press0 Comments

Southern Alberta oil well pump

OTTAWA - Ontario's auto sector absorbed a far greater economic wallop during the financial crisis than the damage low oil prices have inflicted on Alberta, says an internal federal analysis. The February memo, prepared for Labour Minister MaryAnn Mihychuk, examined the two economic crises after some observers had called on governments to help Alberta's energy industry — much like the 2009 bailout of the automotive sector. The auto sector's situation was much more dire, the [Read more]

Prairie provinces watch sales of drilling rights go from boom to bust

August 12, 20162:00 AM The Canadian Press0 Comments

Southern Alberta oil well pump

CALGARY - Five years after Alberta raised a record-setting $3.5 billion at auctions of provincially owned oil and gas drilling rights, sales are on pace this year to set a historic low, part of a downward trend seen across Western Canada. Through the first seven months of this year, companies invested just over $75 million for the right to drill for oil and gas on Crown land, according to the provincial Energy Department. If sales continue at the same pace through the balance of [Read more]

Duvernay Montney

Part of pipeline in Husky oil spill in Saskatchewan sent for testing

August 11, 20164:55 PM The Canadian Press0 Comments

PRINCE ALBERT, Sask. - Part of the pipeline involved in the Husky Energy oil spill into the North Saskatchewan River has been taken for testing. Laurie Pushor, deputy minister of the economy in Saskatchewan, says provincial officials supervised as the line was purged, cut and capped and the segment in question removed. It has been taken to a third-party lab for analysis, he said. Pushor won't speculate on what caused the rupture, pending the outcome of investigations by Husky and [Read more]

Husky Energy

Prince Albert starts billing Husky for costs of oil pipeline spill in river

August 10, 20164:36 PM The Canadian Press0 Comments

PRINCE ALBERT, Alta. - The City of Prince Albert has starting billing Husky Energy for the cost of dealing with the effects of the company's oil pipeline spill. The city says it has spent "millions of dollars" in the three weeks since the pipeline leaked up 250,000 litres of heavy oil and chemicals into the North Saskatchewan River. The spill forced the city to close its water treatment plant intake in the river and scramble to hook up new sources of water for thousands of people [Read more]

Husky Energy

Lightstream Resources misses interim deadline, key creditors remain on sidelines

August 10, 20168:36 AM The Canadian Press0 Comments

CALGARY - Lightstream Resources Ltd. (TSX:LTS) says it was unable to meet a deadline for lining up bridge financing but its key backers haven't pushed for a court-supervised restructuring of the oil and gas company. The Calgary-based firm says it's continuing to seek commitments for a new credit agreement even though the Wednesday deadline has passed. Creditors agreed last month to wait until Friday before taking actions that could require the company to seek court protection and [Read more]

Bakken Cardium Lightstream Resources

Temporary water line flowing to North Battleford after Husky oil spill

August 9, 20164:09 PM The Canadian Press0 Comments

NORTH BATTLEFORD, Sask. - A temporary water line is now flowing to a city that was forced to close its water intakes after an oil spill on the North Saskatchewan River. The city of North Battleford says the latest water samples taken from the temporary line between the city and the neighbouring town of Battleford are clear. North Battleford closed its drinking water intakes after a Husky Energy pipeline leak detected July 21 spilled up to 250,000 litres of oil mixed with a [Read more]

Husky Energy

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