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Trudeau and Coderre set to meet against backdrop of Energy East

January 26, 20162:00 AM The Canadian Press0 Comments

MONTREAL - Ottawa's role is not to force cities such as Montreal to accept energy projects, Prime Minister Justin Trudeau said Tuesday, a day after his opponents demanded he tell the city's mayor to "smarten up" and accept the Energy East pipeline.Trudeau met with Denis Coderre for 45 minutes Tuesday to discuss a range of issues including the recent decision by the Montreal mayor and the organization that represents area municipalities to reject the 4,600-kilometre pipeline.The prime minister [Read more]

Enbridge TransCanada

Clark battles B.C.’s ‘forces of No,’ on LNG, trade deal; says she’s no quitter

January 25, 20163:49 PM The Canadian Press0 Comments

VANCOUVER - Premier Christy Clark had sharp words Monday for what she calls the "forces of No" in British Columbia who mount resistance efforts to government initiatives purely out of a fear of change.First Nations leaders quickly shot back at the premier, labelling her comments "paternalistic" and "mindless."Clark made the statements during a news conference where she fielded questions about opposition to the Trans-Pacific Trade Partnership, environmental concerns over liquefied natural gas [Read more]

LNG Petronas

Conservatives demand clarity on Liberal pipeline policy as Parliament resumes

January 25, 20163:44 PM The Canadian Press0 Comments

OTTAWA - The politics of oil pipelines dominated a raucous return for parliamentarians Monday as the House of Commons resumed sitting under the new Liberal majority.Prime Minister Justin Trudeau's government sat for a week in December following the October election — long enough for a throne speech outlining government priorities and a bill to set in motion middle-class tax cuts — but the rubber truly hits the road over the next five months as opposition MPs work to impose themselves on the [Read more]

Another case of valve tampering on Enbridge oil pipeline in Ontario

January 25, 20161:41 PM The Canadian Press0 Comments

Enbridge pipeline

CALGARY - There's been another case of tampering involving an Enbridge oil pipeline in Ontario.Company spokesman Graham White confirms the line was shut down briefly overnight while maintenance workers inspected the pipeline.He says Enbridge's control centre detected a valve closure on Line 9 just north of Hamilton at 1:15 a.m. ET Monday.The company contacted authorities and restarted the line about four hours later.White says there was no impact on deliveries to clients.The latest case of [Read more]

Enbridge Line 9

Powerful northern B.C. coalition inks pact to save Skeena River from LNG plant

January 25, 201610:59 AM The Canadian Press0 Comments

PRINCE RUPERT, B.C. - A declaration to protect what environmentalists say is crucial salmon habitat in northwestern British Columbia could be the latest hurdle for development of a liquefied natural gas plant near Prince Rupert.A coalition of indigenous leaders, politicians and others has signed a declaration to permanently protect Lelu Island and the nearby Flora Bank from industrial development.The region at the mouth of the Skeena River, is considered vital to the ecosystem of B.C.'s [Read more]

Petronas

Level of foreign ownership unclear in energy sector as PM seeks more cash: memo

January 22, 20163:39 PM The Canadian Press0 Comments

Southern Alberta oil well pump

OTTAWA - Prime Minister Justin Trudeau's sales pitch Friday to attract more foreign investment to Canada comes as the government struggles to get a handle on exactly what foreigners own in the country's crucial oil and gas sector.Documents obtained by The Canadian Press show the Finance Department only had a "rough estimate" last year on foreign ownership in the energy sector — a key destination for investment from abroad.The February 2015 briefing note, addressed to deputy finance minister Paul [Read more]

Nexen

State of play: A look at the status of pipeline projects in Canada

January 22, 201611:26 AM The Canadian Press0 Comments

CALGARY - Pipeline proposals just can't catch a break these days.The latest hurdle came this week when an organization representing 82 Montreal-area municipalities came out against TransCanada Corp.'s Energy East Pipeline, drawing a sharp rebuke from politicians in Alberta and Saskatchewan.Here is an update on the status of other major Canadian pipeline projects:Keystone XL:TransCanada, the same company behind Energy East, applied for U.S. permission to build its Keystone XL pipeline in [Read more]

Enbridge Keystone XL Kinder Morgan Northern Gateway Trans Mountain Pipeline TransCanada

Moody’s reviews debt ratings for some companies due to low oil and gas prices

January 22, 20168:11 AM The Canadian Press0 Comments

Southern Alberta oil well pump

CALGARY - The debt ratings for more than a dozen Canadian companies have been placed under review and may be downgraded by Moody's Investor Services as a result of lower oil and gas prices.Among the biggest names on the list is Calgary-based Precision Drilling (TSX:PD), which owns and operates fleets of rigs used by oil and gas companies in Canada, the United States and other countries.Other companies on the Moody's review list include Paramount Resources Ltd. (TSX:POU) and other oil and gas [Read more]

Paramount Resources

Wynne meets Alberta Premier Notley to Discuss Energy East, Climate Change

January 22, 20167:39 AM The Canadian Press0 Comments

Wynne and Notley are expected to discuss issues of common interest, such as action on climate change, the Canadian Energy Strategy and the proposed Energy East pipeline. Manitoba has signed an agreement with Ontario and Quebec to link their cap-and-trade systems to battle climate change, while Alberta and British Columbia have introduced a carbon tax. There are few details known about Ontario’s cap-and-trade plan, but it is expected to push up prices for many consumer goods, including [Read more]

Carbon Tax

EU sunny about Canada on climate, energy progress with new Liberal government

January 21, 20161:17 PM The Canadian Press0 Comments

OTTAWA - The European Union says the arrival of the Trudeau Liberal government heralds a new era of transatlantic co-operation on energy and climate change.Marie-Anne Coninsx, the EU ambassador to Canada, says the Oct. 19 election of Justin Trudeau has changed the playing field on those two issues.The major change, she says, is that Canada now links climate change and energy policy, which allows for a high-level dialogue on a variety of related issues.Coninsx says a team of EU ministers from [Read more]

LNG TransCanada

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