CALGARY - Alberta's energy regulator says Nexen Energy can resume more oilsands operations after it was forced to shutdown pipelines for not complying with maintenance and monitoring rules.Last month the company, a subsidiary of Chinese state-owned CNOOC Ltd., was ordered to cease operating 95 pipelines.The suspensions came as the regulator was investigating a July 15 pipeline spill at Nexen's Long Lake operation that leaked about five million litres of bitumen, produced water and sand into [Read more]
Alberta government made recession worse by ‘raising taxes on everybody,’ Harper says
VANCOUVER — Federal Conservative Leader Stephen Harper may have opened a new battlefront with Alberta’s NDP premier. After a campaign announcement Tuesday in North Vancouver, Harper said Alberta has fallen deeper into recession since Premier Rachel Notley was elected in the spring. “We know why there’s a recession. It’s not because the (federal) government ran a $2-billion surplus. There’s a recession because oil prices have fallen by half,” Harper said. “And the recession has been made [Read more]
Refinery issues south of the border may bump up gas prices in Western Canada
KAMLOOPS, B.C. - Gasoline prices have been down over the summer thanks to a plunge in oil prices, but a senior analyst at the consumer website gasbuddy.com warns a change is on the way.Dan McTeague predicts motorists from Thunder Bay to British Columbia will be paying more when gas prices jump as much as five to seven cents a litre. He says speculators are pushing up the wholesale price of gas by 4.5 cents per litre.The hike is partly due to seasonal maintenance at several Midwest U.S. [Read more]
Manifesto backed by prominent NDP supporters calls for overhaul of capitalist economy, end to fossil fuels in 20 years
OTTAWA -- Just as Tom Mulcair attempts to convince Canadians that the NDP is a safe, moderate choice in the Oct. 19 election, some of his party's highest profile supporters are issuing a manifesto calling for a radical restructuring of the country's economy. The "leap manifesto," signed by more than 100 actors, musicians, labour unions, aboriginal leaders, environmentalists and other activists, aims to pressure the next federal government to wean Canada entirely off fossil fuels in as little [Read more]
Security firms dealing with uptick in oilfield theft, vandalism amid downturn
CALGARY - Oilfield security firms say they've been dealing with more troublemakers in recent months with the crude price cratering and bringing drilling activity and jobs down with it.Thieves have been nabbing diesel, generators and other odds and ends that aren't bolted down from oilfield sites, said Joden Dorner, security operations manager at Prospector Energy Services Inc. in Bezanson, Alta., in the province's northwest.He's also seen kicked-in doors and broken windows."There has a little [Read more]
Drilling company PHX Energy Services cuts half of workforce, 500 jobs lost
CALGARY - Calgary-based drilling company PHX Energy Services Corp. has laid off nearly 50 per cent of its workforce, putting more than 500 people out of work.The company, which provides drilling technology and services to oil and gas companies in Canada, the United States, Albania and Russia, says most of the job cuts affected people living in Alberta.PHX said in a statement that the layoffs were necessary due to "current market challenges and uncertainty with respect to future oil commodity [Read more]
Royalty review chairman says people saying stability in energy sector is key
CALGARY - The chairman of Alberta’s royalty review says the No. 1 thing his panel has heard in feedback from industry, government and Albertans alike is the need for stability and predictability in the energy sector.Dave Mowat told radio station CHQR on Wednesday that it's now up to the panel to come up with a set of principals that apply whether the price of oil is at $30 a barrel or $100 a barrel.He says it would then be up to oil companies and the Energy Department to make sure that resources [Read more]
Canadian Natural cuts staff salaries in Calgary, Aberdeen by up to 10%
CALGARY - Canadian Natural Resources Ltd. said Wednesday that it is cutting salaries for all of its staff in Calgary and Aberdeen, Scotland, as it grapples with low commodity prices.Salaries will be reduced by up to 10 per cent, with the biggest cuts being absorbed by higher salaried employees, according to company spokeswoman Julie Woo.Canadian Natural (TSX:CNQ) has not reduced its workforce this year, unlike many oil and gas producers who have resorted to mass layoffs in the face of plummeting [Read more]
Alberta on track for lowest oil and gas land sale revenue in decades
CALGARY - With only a few months left in the year, Alberta is on track to post its worst oil and gas land sales revenue in more than two decades.As of late August the auctions for land, in which the province leases out land rights to energy companies, have pulled in $209 million. "It's absolutely the worst that we've seen the 21 years that I've been doing this," said Winston Gaskin, president of Standard Land Company, which assists companies in buying land rights.In 2014 Alberta sold $494 [Read more]
Court hearings to begin this week into Enbridge cross-border oil pipelines
CALGARY - A U.S. court begins hearing arguments this week in a lawsuit that claims increased volumes of oilsands crude have been allowed to flow from Canada into the United States without adequate public input or environmental review.Indigenous and environmental groups filed a lawsuit late last year against the U.S. State Department and Secretary of State John Kerry in federal district court. Hearings start in Minneapolis on Thursday."Plaintiffs' members face increased risk of harm to their [Read more]
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