VIENNA - Top OPEC producer Saudi Arabia suggested Wednesday there is no need for the cartel to cut its output ceiling despite a plunge in prices that has poorer members of the organization hurting.Saudi Oil Minister Ali Naimi told reporters he expects the oil market to eventually "stabilize itself." That suggests the Saudis, who effectively determine OPEC's production policy, will not back any calls for reducing output by other nations at Thursday's oil ministers' meeting.The global price of oil [Read more]
TransCanada cuts ties with U.S. public relations firm over campaign concerns
A Canadian pipeline company will no longer work with a controversial U.S. public relations firm on the Energy East proposal after leaked documents raised concerns about suggested tactics. TransCanada (TSX:TRP) has cut ties with the multinational firm Edelman on the campaign to build support for a plan to bring Alberta's oilsands crude to eastern refineries after it recommended secretly using third parties to attack the pipeline's opponents.The tactics were contained in documents leaked to the [Read more]
B.C. government gives environmental green light to three LNG projects
VICTORIA - Three proposed multibillion-dollar liquefied natural gas projects in northern B.C. have been awarded the environmental green light by the provincial government.The ministries of Environment and Natural Gas Development now have environmental assessment certificates for two pipelines and one export facility.The Westcoast Connector Gas Transmission pipeline and the Prince Rupert Gas Transmission pipeline would start near Fort St. John and Hudson's Hope, respectively, and end hundreds of [Read more]
Oil industry plays OPEC guessing game, tries to divine motivations for possible action
NEW YORK - Does Saudi Arabia have it out for frackers in the U.S.? Or Iran? Or Russia? Will low oil prices make it easier to fight the Islamic State? Or harder?Trying to guess what OPEC members are thinking in the run-up to Thursday's meeting in Vienna is a high stakes parlour game for energy analysts, political scientists and armchair geo-politicians.This year the game is more complex than it has been in years. There is political upheaval across the Middle East, Iran is suffering under Western [Read more]
Anti-pipeline grandma willing to go to jail by violating B.C. court order
BURNABY, B.C. - An 84-year-old retired librarian says she's willing to violate a court injunction and go to jail as she and other anti-pipeline protesters take a stand against fossil fuels by interfering with survey work in Burnaby, B.C.Barbara Grant joined activists near Burnaby Mountain on Tuesday to demonstrate against Kinder Morgan's proposed plan to nearly triple its pipeline capacity to transport Alberta oil to British Columbia.Grant said she has the support of her three children and three [Read more]
Oilsands alliance sets water use goals, but GHG targets proving tougher
CALGARY - A group of oilsands companies has set its first environmental performance target by limiting the use of fresh water in oil production, but goals for cutting greenhouse gas emissions have proven much more complicated.Members of the Canadian Oil Sands Innovation Alliance — an organization through which 13 oilsands players aim to make the industry greener — said Tuesday they have agreed to halve the amount of fresh water used to produce a barrel of crude from steam-driven projects to 0.2 [Read more]
National Energy Board to ask Canadians for input on pipeline safety
SAINT JOHN, N.B. - The National Energy Board will launch a tour early in the new year in an effort to strengthen pipeline safety, the chairman of the federal regulatory agency said Tuesday.Peter Watson said board members and staff will visit every province and the North to hear from Canadians on how it can improve its pipeline safety program."We felt there was a lot of need to get out from inside our hearing rooms and have a more fundamental discussion about pipeline safety and protection of the [Read more]
Saskatchewan premier concerned about ‘unnecessary barriers’ to pipeline project
REGINA - Saskatchewan's premier says he's concerned about the stance taken by his Ontario and Quebec counterparts in regards to the Energy East Pipeline project.The $12-billion project seeks to connect more than one million barrels of western crude a day to oil refineries in Eastern Canada.Ontario Premier Kathleen Wynne and Quebec Premier Philippe Couillard said last week that greenhouse gas emissions must be considered in the development of the project.Wynne also wants assurances there will be [Read more]
New Brunswick premier says Ontario’s stipulations for Energy East are reasonable
Saskatchewan Premier Brad Wall said Monday he believes the premiers of Ontario and Quebec are creating unnecessary barriers to the Energy East Pipeline by setting conditions for their support of the project.Wall said he is concerned by the position taken by Premiers Kathleen Wynne and Philippe Couillard, who said last week that greenhouse gas emissions among other issues must be considered in the pipeline's development."I am surprised," Wall said in Regina. "This is a straight-forward pipeline [Read more]
More arrests at B.C. pipeline protest; 11-year-old girl taken into custody
BURNABY, B.C. - At least a dozen protesters including an 11-year-old girl were taken into custody Sunday on a mountain near Vancouver as a demonstrations continued against a controversial pipeline project.Dozens of people have been arrested since Thursday, when the RCMP began enforcing a court injunction ordering protesters to clear a pair of work sites on Burnaby Mountain, where Kinder Morgan is conducting drilling and survey work related to the proposed expansion of its Trans Mountain [Read more]
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