VANCOUVER - The federal government's approval of a proposed oilsands mine expansion is being reviewed in Federal Court tomorrow.The court is to hear three days of arguments over accusations that Ottawa ignored an Alberta aboriginal bands's worries about Shell's Jackpine project.The project was approved last December despite concerns from a regulatory panel that reviewed it.That panel said Jackpine would create irreversible environmental damages.The Athabasca Chipewyan First Nation says the [Read more]
U.S. midterms: Stage may be set for a big vote on Keystone XL pipeline
WASHINGTON - A certain Canadian pipeline appears poised to spring back to the top of the American political agenda, with the upcoming congressional elections setting the stage for a vote on the long-delayed Keystone XL project.Republicans have all but declared that they would try to use their new dominance in Congress to push through a Keystone bill, should they win the Senate in three weeks as many predict.The pipeline issue had been a little more dormant in Washington since the spring, as [Read more]
Facts and figures on Canadian oil and gas production and investment
OTTAWA - Some facts and figures about Canada's oil and gas sector:Foreign direct investment through eight months 2014: $19.6 BillionRecord annual foreign direct investment: $25.6 Billion, 2007Canadian crude oil production 2006: 2.65 million barrels per dayCanadian crude oil production 2013: 3.46 million barrels per dayPercentage of Canadian oil production from Alberta: 78 per cent, 2013Percentage of Canadian energy production going to U.S.: 98 per centCanada sits third in the world, behind [Read more]
Alberta Energy Regulator approves pipeline from oilsands to Edmonton
EDMONTON - The Alberta Energy Regulator has approved the $3-billion Grand Rapids oil pipeline with 26 conditions.The pipeline is designed to ship up to 900,000 barrels of diluted bitumen per day from near Fort McMurray, Alta., to the Edmonton area.Several of the conditions deal with the pipeline's route and others deal with enhanced environmental monitoring and mitigation to better protect wildlife and wetlands.The approval follows two weeks of hearings this summer.The hearings were boycotted by [Read more]
NEB delays start-up of Enbridge’s newly reversed Line 9 oil pipeline
CALGARY - The start-up of Enbridge Inc.'s newly reversed Line 9 pipeline has been delayed by at least a few months as the National Energy Board seeks greater assurances that waterways along its route will be protected.The federal energy watchdog said in a letter this week it's "not persuaded" the Calgary-based pipeline giant (TSX:ENB) is meeting one of the conditions it attached to its approval of the project in March.Condition 16 has to do with where valves are placed in relation to water [Read more]
MP wants Kinder Morgan to register with Elections BC as third-party advertiser
BURNABY, B.C. - A Vancouver-area member of Parliament believes energy giant Kinder Morgan should register with Elections BC as a third-party advertiser because of firm's pipeline expansion ads.The civic election period has begun, and Elections BC rules say anyone who runs ads on an election issue must register as a third-party advertiser and disclose costs within 90 days after the Nov. 15 election.New Democrat MP Kennedy Stewart, who represents Burnaby-Douglas, says in a letter to Elections BC [Read more]
LNG boom for B.C. ‘not a forgone conclusion,’ says industry group
VANCOUVER - With the provincial government on the cusp of announcing its tax and environmental regime for liquefied natural gas, the head of an industry group issued a warning Wednesday: the window is closing and B.C.'s trillion-dollar LNG dream is not a forgone conclusion.David Keane, president of the newly formed B.C. LNG Alliance, said the provincial and federal governments will have to make some "difficult choices" if they want the tens of billions of dollars of investment."The members of [Read more]
Europe considers measure that could ease oilsands imports
The European Union is considering a proposal on high-carbon fuels that could eventually make it easier to import crude derived from Alberta's oilsands.The proposal comes after five years of lobbying by the industry and Alberta and federal governments, and is being called a major concession by environmental groups. "This measure will do nothing to stop climate-wrecking fuels like tarsands from entering the EU market," Greenpeace spokeswoman Franziska Achterberg said in a statement. "It will fail [Read more]
Nova Scotia energy minister faces industry criticisms, questions at conference
HALIFAX - Nova Scotia's energy minister faced questions Tuesday about how the province will become a centre for research in hydraulic fracturing technology while it moves to ban high-volume fracking for onshore oil and gas.Andrew Younger told the Core Energy Conference in Halifax that there hasn't been much industry interest in the method so far, and the majority of people in the province remain opposed to fracking.The Energy Department plans to provide a detailed geological map to show where [Read more]
Petronas says ‘consensus’ on LNG terms in next few weeks is ‘critical’
CALGARY - The B.C. and federal governments could miss out on billions in liquefied natural gas investment for at least a decade unless, by the end of this month, they can help reassure Petronas that its plan to export gas from the West Coast will be economically viable, the CEO of the Malaysian-state-owned energy giant said Monday."In order to remain competitive, Petronas needs to secure consensus on key principles vital to the success of this project by the end of October," Shamsul Abbas said [Read more]
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