BANFF, Alta. - Of all the issues Talisman Energy Inc. has been grappling with in the North Sea, the prospect of Scottish independence wasn't at the top the list, CEO Hal Kvisle said Thursday before Scots voted to stay in the United Kingdom.Polls had suggested a razor-thin margin between the pro- and anti-independence camps, but a majority of Scots voted against a split. Scottish independence leader Alex Salmond conceded defeat early Friday.Talisman's (TSX:TLM) United Kingdom operations — based [Read more]
B.C. court denies Burnaby’s bid to block Trans Mountain survey crews
VANCOUVER - A British Columbia court has rejected the City of Burnaby's latest bid to block Kinder Morgan crews from its land.A B.C. Supreme Court judge dismissed an application on Wednesday for an injunction against survey crews on Burnaby Mountain, the company's preferred new route for its Trans Mountain pipeline.Judge Brenda Brown did not immediately give reasons for her decision and Burnaby Mayor Derek Corrigan did not return a call seeking comment.The legal action was the latest tussle in [Read more]
Federal study of Pennsylvania well site finds fracking didn’t ruin nearby water supplies
PITTSBURGH - The final report from a landmark federal study on hydraulic fracturing, or fracking, found no evidence that chemicals or brine water from the gas drilling process moved upward to contaminate drinking water at a site in western Pennsylvania.The Department of Energy report, released Monday, was the first time an energy company allowed independent monitoring of a drilling site during the fracking process and for 18 months afterward. After those months of monitoring, researchers found [Read more]
Alberta woman loses fracking case appeal, wants to take case to Supreme Court
EDMONTON - An Alberta woman has lost her appeal to sue the province's energy regulator over hydraulic fracturing on her property.Jessica Ernst launched a $33-million lawsuit against the Alberta government, the province's energy regulator and energy company Encana (TSX:ECA).She claims gas wells fracked around her land northeast of Calgary unleashed hazardous amounts of methane and ethane gas and other chemicals into her water well.Last fall an Alberta Court of Queen's Bench judge ruled that Ernst [Read more]
Tainted water in two states from leaky gas wells, not fracking itself, study says
WASHINGTON - The drilling procedure called fracking didn't cause much-publicized cases of tainted groundwater in areas of the states of Pennsylvania and Texas, a new study finds. Instead, it blames the contamination on problems in pipes and seals in natural gas wells.After looking at dozens of cases of suspected contamination, the scientists focused on eight hydraulically fractured wells in those states, where they chemically linked the tainted water to the gas wells. They then used chemical [Read more]
Liquefied natural gas projects in British Columbia want federal tax break:Globe
TORONTO - There's a report that the players behind major liquefied natural gas projects in British Columbia are lobbying Ottawa for tax relief.The Globe and Mail newspaper reports that the newly formed B.C. LNG Developers Alliance, representing four of the largest proponents of LNG exports from the West Coast, want their planned multibillion-dollar terminals treated as manufacturing operations to gain tax concessions.The Globe says the alliance is arguing that it is in the national interest to [Read more]
Oil associates asked B.C. government for gas plant exemption: documents
VANCOUVER - In January of this year, the Canadian Association of Petroleum Producers made a presentation to high-ranking officials in British Columbia's Environment Ministry, outlining changes they wanted to environmental review rules for natural gas projects.Those changes became law on April 14, but they didn't stay that way for long.An outcry from First Nations organizations forced an about-face from Environment Minister Mary Polak, who rescinded the revisions two days after they were passed [Read more]
New US sanctions target Russia’s largest bank, as well as energy and defence sectors
WASHINGTON - The United States hit Russia Friday with a new round of economic sanctions, levying penalties on Russia's largest bank and expanding financing restrictions on major energy and defence companies.The sanctions were imposed in co-ordination with the European Union, which unveiled its own package of penalties hours earlier. Officials said the parallel penalties are aimed at punishing Russia for deepening its provocations in Ukraine, including sending forces and weaponry across the [Read more]
Chevron: decision on B.C. LNG project ‘economics-driven,’ won’t be rushed
CALGARY - Many hurdles remain before U.S. oil giant Chevron Corp. can decide the fate of its planned liquefied natural gas project in Kitimat, B.C., and finding a new partner is just one of them, CEO John Watson said Friday."It's not a schedule-driven project. It's an economics-driven project," Watson told reporters ahead of the annual Spruce Meadows Changing Fortunes Round Table in Calgary.This summer, Chevron's partner in the project, Texas-based Apache Corp., announced it was getting out of [Read more]
Poland sees slump in natural gas deliveries from Russian, forcing halt to exports to Ukraine
WARSAW, Poland - Russian natural gas deliveries to Poland have dropped by almost a quarter this week, the country's gas monopoly said Wednesday, forcing it to stop supplying gas on to Ukraine.The reason for the drop was unclear, with Russian energy company Gazprom denying any fall in exports. Some commentators believe it to be retaliation by Moscow against Poland for its decision to help Ukraine with gas.Neighbouring Germany's energy company E.On also said it registered small reductions in [Read more]
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