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Premier Notley says Trans Mountain pipeline may need new terminal for support

September 30, 20154:08 PM The Canadian Press0 Comments

CALGARY - Alberta Premier Rachel Notley says Kinder Morgan Inc. may need to move the proposed terminal for the Trans Mountain pipeline expansion to win support for the project.Speaking at a Bloomberg Live conference in New York, Bloomberg reported Wednesday that Notley said it could be better if the terminal were shifted further south rather than following the current pipeline's route through Burnaby in British Columbia's lower mainland.Notley said a port near the Tsawwassen ferry terminal in [Read more]

Kinder Morgan Trans Mountain Pipeline

First Nations’ challenges of Northern Gateway pipeline to be heard in court

September 30, 20153:31 PM The Canadian Press0 Comments

VANCOUVER - Multiple legal challenges aimed at overturning the federal government's approval of the Enbridge (TSX:ENB) Northern Gateway pipeline will be heard starting Thursday.The challenges are expected to bring new scrutiny to the government's environmental approval process and its responsibility to consult with aboriginal groups.Eight First Nations, four environmental groups and one labour union launched the legal actions, which will be heard at the Federal Court of Appeal over six days in [Read more]

Enbridge Northern Gateway

Alberta’s outgoing U.S. representative blasts NDP on last day of his contract

September 30, 20151:33 PM The Canadian Press0 Comments

EDMONTON - Alberta's outgoing senior representative to the United States took some parting shots at the NDP government on the final day of his contract.Rob Merrifield said Wednesday that Premier Rachel Notley's decision to dismiss him comes as Washington grapples with key economic and trade issues that are critical to the province.He said those include the proposed Keystone XL oilsands pipeline and the U.S. country-of-origin meat-labelling law.Merrifield said now is not the time to send mixed [Read more]

Keystone XL

CPPIB to invest $1 billion for energy infrastructure in Western Canada

September 30, 20159:17 AM The Canadian Press0 Comments

TORONTO - Canada's largest pension fund manager is committing $1 billion for energy infrastructure acquisitions in Western Canada, in partnership with a private Calgary-based firm with expertise in the sector.Canada Pension Plan Investment Board said Wednesday it will provide the funding for mid-stream acquisitions that will be identified and evaluated by Wolf Infrastructure Inc.Their focus will be on processing facilities, gathering systems, pipelines, storage facilities and terminals used by [Read more]

BP bullish about plans to drill in deep water off Nova Scotia

September 29, 201511:15 AM The Canadian Press0 Comments

HALIFAX - Energy giant BP is committed to plans to drill a deep-water oil exploration well off the coast of Nova Scotia within two years even if the price of crude remains at current levels, a company official said Tuesday.Rob O'Connor, BP's exploration manager for Canada, said the high-risk venture has reached the environmental assessment stage and remains on track to have a test well drilled about 230 kilometres southeast of Halifax in 2,000 to 3,000 metres of water by July 2017."In the [Read more]

Shell

Mexican delegation say country an opportunity for Canadian energy firms

September 28, 20154:05 PM The Canadian Press0 Comments

CALGARY - Canadian energy companies looking south for new opportunities should cast their eyes beyond the U.S., according Mexican politicians and businessmen attending an event at Calgary's Petroleum Club on Monday.The delegation, speaking at a forum hosted by the Economic Club of Canada, said Mexico's energy sector is open for business now that the country has lifted the state monopoly that existed for more than 75 years."You are facing a country that has dared to change," David Penchyna, [Read more]

Edmonton police face spike in crime calls due to energy industry woes

September 28, 20151:08 PM The Canadian Press0 Comments

EDMONTON - Edmonton police are linking the downturn in the oilpatch to a spike in crime.Chief Rod Knecht said officers have responded to 9,000 more calls for service this year, compared to the same time in 2014.Violent crime is up 12 per cent, property crime 18 per cent and the number of 911 emergency calls is up by almost 14 per cent. Knecht said the calls for service are not all serious crimes, but added this "significant" jump means that sometimes his officers take longer to respond. "When [Read more]

TransCanada

Notley stresses importance of environment in speech to Montreal business group

September 28, 201511:18 AM The Canadian Press0 Comments

MONTREAL - A federal cap-and-trade system to reduce greenhouse gas emissions may not be suitable for Alberta, the province's NDP premier said Monday, one day after her federal counterpart proposed such a plan on the campaign trail.Rachel Notley, on the first leg of a business trip to Montreal, New York City and Toronto, told executives and politicians that a national cap-and-trade system "may not be our best road forward."She added that Alberta — whose economy is heavily dependent on the [Read more]

Carbon Tax TransCanada

Discouraging signals for Canadian Beaufort exploration as Shell abandons Alaska

September 28, 201510:04 AM The Canadian Press0 Comments

CALGARY - Royal Dutch Shell's decision to scrap plans to explore for oil off Alaska's coast is sending a discouraging signal to those who want to see Canada's Arctic offshore resources developed.Shell drilled a well in the Chukchi Sea this summer that indicated the presence of oil and gas, but said Monday the results weren't good enough to warrant further exploration for the "foreseeable future.""Shell continues to see important exploration potential in the basin and the area is likely to [Read more]

Chevron Imperial Oil Shell

Encana says blowout at northern Alberta natural gas well has been capped

September 27, 20155:11 PM The Canadian Press0 Comments

FOX CREEK, Alta. - A blowout at a well in northern Alberta that has been venting natural gas and small amounts of a toxic chemical has been capped.Encana (TSX:ECA) says in an update on its website that the damaged wellhead 18 kilometres from Fox Creek has been brought under control and that the flow of natural gas and condensate has been stopped.The blowout happened Sept. 21 at the well, which is licensed to produce hydrogen sulphide, a poisonous gas that smells like rotten eggs.Company [Read more]

Encana

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