CALGARY - The federal government has fleshed out how it proposes to measure upstream greenhouse gas emissions resulting from new resource projects.Ottawa announced in January that federal project reviews will take into account the broader climate impacts of projects like pipelines and liquefied natural gas facilities.A notice in the Canada Gazette sets out the Environment Department's proposed methodology for coming up with estimates and interested parties have 30 days to comment.The approach is [Read more]
$36 billion dollar B.C. LNG approval deadline next week ‘premature’ as feds review documents
VICTORIA - A deadline in the approval process for a proposed $36 billion liquefied natural gas project planned for British Columbia's northern coast is now being called premature as federal officials review a glut of new documents.Statements from the Canadian Environmental Assessment Agency and federal Environment Minister Catherine McKenna say it's likely too early to expect an answer for the proposed Pacific NorthWest LNG plant at Lelu Island near Prince Rupert by the March 22 deadline.But the [Read more]
Oil industry downturn makes for low bidding for Stampede chuckwagon ads
CALGARY - Mark Sutherland knows first-hand just how bad the downturn in Canada's oil and gas sector really is.The 45-year-old chuckwagon driver was one of the first to lose his job in 2015 in community relations at a major oil and gas company after 15 years on the job.He saw the impact again Thursday night at the annual chuckwagon canvas auction for the Calgary Stampede.That's the event that gives businesses a chance to bid on one of 36 chuckwagon drivers. The winners pay to have their company [Read more]
Pembina Pipeline to pay $556M for Paramount sour natural gas processing assets
CALGARY - Pembina Pipeline Corp. (TSX:PPL) says it will pay more than $550 million to buy natural gas processing assets from Paramount Resources.The Musreau complex assets, some 15 kilometres from Pembina's Cutbank complex near Grand Prairie, Alta., include Paramount's recently constructed Kakwa sour natural gas processing complex and associated infrastructure, a sales gas pipeline and future disposal wells.Pembina would also get Paramount's preliminary engineering studies, licences and surface [Read more]
NewsAlert:TransCanada announces US$13B deal to acquire Columbia Pipeline Group
CALGARY - TransCanada's already hefty North American natural gas pipeline footprint is poised to get even bigger with a US$13-billion deal to buy Columbia Pipeline Group.Columbia operates a 24,000-kilometre pipeline network that stretches from New York to the Gulf of Mexico, tapping into prolific shale gas deposits in the northeastern United States.The deal is expected to close in the second half of this year. Once it does, TransCanada will control a 91,000-kilometre gas pipeline system that [Read more]
Company preparing feasibility study to ship oilsands crude by rail to Alaska
CALGARY - A rail company is getting ready to launch a feasibility study this spring into its plan to send trains full of oilsands bitumen from Fort McMurray, Alta., to Alaska.From Delta Junction, in the Alaska interior, the oil would move in an existing pipeline — currently running well below its capacity — to the port of Valdez, where it would be loaded onto tankers and shipped to Asia. The railway would run about 2,400 kilometres.Under the proposal from G Seven Generations Ltd., First Nations [Read more]
Company that carried out shale gas fracking closes New Brunswick office
MONCTON, N.B. - The company that carried out shale gas exploration in New Brunswick has closed its office in the province.In an emailed statement, SWN Resources says the move comes amid uncertainty about the timetable for developing the shale gas industry in the province.There is a currently a moratorium on shale gas drilling put in place by the province's Liberal government.SWN Resources says there is a reduced need for an office and future project developments will be overseen from its [Read more]
Alberta’s alternative wind energy industry is getting bigger role
PINCHER CREEK, Alta. - There are three things one can be assured of in the Pincher Creek area of southwestern Alberta — death, taxes and the wind will blow.Windswept is the word often used to describe the region with its rolling hills, cattle ranches, farms and the Rocky Mountains to the west.And it is the wind that's eliciting some optimism at a time when Canada is seeking to reduce its carbon footprint and turn to alternative energy sources.With their giant 80-metre-high turbines stretching as [Read more]
Saskatchewan premier wants $570M from Ottawa in federal budget
REGINA - Saskatchewan has put money into a federal program to help other provinces and now it's time to get some payback, says Premier Brad Wall.Wall says he'd like Saskatchewan to get at least $570 million in new funding in next week's federal budget. That's the amount the province will pay into equalization this year.Equalization transfers funds from "have" to "have-not" provinces so that poorer jurisdictions can offer government services at levels similar to elsewhere.Wall says it doesn't [Read more]
Natural gas supply in B.C. dramatically greater than original estimates
CALGARY - One of the world's largest supplies of shale natural gas is sitting beneath an area spanning the British Columbia, Yukon and Northwest Territories boundaries, according to a new study.But with dismal commodity prices and no immediate way to export the gas to global markets, the prospect of a development bonanza in the Liard Basin is far from certain.The study was a joint effort by the National Energy Board, the B.C. Oil and Gas Commission, the Yukon Geological Survey, the Northwest [Read more]
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