CALGARY - Alberta Premier Danielle Smith is urging Prime Minister Justin Trudeau to heed the growing calls from premiers to dump the planned hike to the consumer carbon charge on April 1. Trudeau responded by reminding Canadians that as the levy increases, so do rebates to Canadians. The comments came in introductory remarks as the two leaders met in Calgary in their first face-to-face meeting since last summer. The federal carbon price is set to rise by $15 a tonne to $80 next [Read more]
Pipeline shortages to return sooner rather than later as oil production booms
CALGARY - After being hamstrung for years by a lack of export capacity, Canada's oil industry will have reason to celebrate when the much-anticipated Trans Mountain pipeline expansion comes online, expected to be sometime this spring. But the party may be short-lived, as the more-than-$30-billion pipeline is expected to quickly fill up — returning Canada's oil producers to a "Groundhog Day" scenario of restricted growth and depressed prices. "I think the industry wanted to believe Trans [Read more]
Panel upholds Alberta regulator’s orders against embattled energy company
CALGARY - A hearing panel for Alberta's energy regulator has upheld two orders against a company that had thousands of inactive oil and gas wells seized last year. The regulator transferred control of more than 6,000 wells, pipeline segments and other facilities to the Orphan Well Association in September 2023, citing AlphaBow Energy's failure to comply with the two orders. An order issued in March 2023 called for AlphaBow to demonstrate reasonable care and measures at its sites. Three [Read more]
Irving Oil president to step down as company undergoes strategic review
FREDERICTON - The president of Irving Oil is stepping down as the company undergoes a strategic review that includes the possible sale of the business. A news release says Ian Whitcomb has made a "personal decision" to leave after more than eight years on the job, and will continue in his role until June 9. Jeff Matthews, chief financial officer of Irving Oil, will take over Whitcomb's position during the strategic review. Maureen Kempston-Darkes, lead director of Irving Oil's board of [Read more]
Crude-by-rail shipments jumped in last half of 2023 as Alberta’s oil output grows
CALGARY - New data from the Canada Energy Regulator shows Canadian crude-by-rail shipments nearly doubled in volume in the last six months of 2023. Oil-by-rail export volumes jumped from 78,747 barrels per day in May of last year to 157,142 in December. For the full year 2023, Canadian crude-by-rail exports averaged 119,077 barrels per day, a seven-year low and down 17 per cent from 2022. But the sharp uptick in the last half of the year shows the impact of surging oil output in Alberta [Read more]
Pembina Pipeline deferring Cedar LNG decision until mid-year
CALGARY - Pembina Pipeline Corp. says it will defer making a final investment decision on its proposed Cedar LNG project until mid-2024. The Calgary-based pipeline company and its project partner, the Haisla First Nation, have been working to develop plans for a floating liquefied natural gas facility in Kitimat, B.C. The project partners had previously said a decision to go ahead with the project could be made before the end of the first quarter, with onshore construction work starting as [Read more]
Alberta First Nations seek answers on carbon capture and storage plans
Seven Alberta First Nations have banded together to seek answers as industry and government move on billion-dollar plans to inject and store millions of tonnes of greenhouse gases underneath or adjacent to their traditional lands. "We don't know how pumping carbon underground will affect our lakes, our rivers — even our underground reservoirs," said councillor Michael Lameman of Beaver Lake Cree Nation, one of the members of the Treaty 6 working group. "(Industry's) been vague, not very [Read more]
Alberta NDP leadership candidate says federal carbon levy is ‘dead’
CALGARY - Alberta's former deputy premier entered the province's NDP leadership Sunday with criticism of the federal carbon levy and Prime Minister Justin Trudeau. Sarah Hoffman, who was deputy premier when the NDP was elected in 2015, joins fellow legislature members Kathleen Ganley and Rakhi Pancholi in the race to replace Rachel Notley, who announced last month she was stepping down. The new leader is to be chosen in June. In an interview with The Canadian Press, Hoffman, 43, said [Read more]
Protectionist policy promises in U.S. election will be a challenge: Alberta premier
WASHINGTON - Premier Danielle Smith says no matter the outcome of the United States election, there will be challenges for Canada and Alberta. She said both President Joe Biden and former president Donald Trump have policies that could harm or restrict trade with Canada. "Both have protectionist policies that would be damaging to our country and our province," Smith said at the Canadian Embassy in Washington on Thursday. Trump, who has become the Republican party front-runner in the [Read more]
Enbridge appeals to vacate an order that would shut down its pipeline
MADISON, Wis. (AP) — An attorney for the energy company Enbridge tried to persuade a federal appellate court Thursday to vacate an order that would shut down part of a pipeline running through a Wisconsin tribal reservation. The company contends that U.S. District Judge William Conley improperly ordered Enbridge to shut down a 12 mile (19 km) portion of Line 5 within three years. The section runs across the Bad River Band of Lake Superior Chippewa's reservation. Conley also ordered the [Read more]
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