KITIMAT, B.C. - The B.C. government is heralding the sale of land to a First Nation in an area Premier Christy Clark hopes will one day be at the heart of a booming liquefied natural gas industry.Clark was in northern B.C. to mark the sale of land in downtown Kitimat to the Haisla Nation.The land has sat idle since a hospital on the site was demolished in 2005, though the prospect of a growing LNG industry along with other industrial projects has turned it into prime real estate.The Haisla [Read more]
A tale of two pipelines: a look at Northern Gateway and Keystone XL
OTTAWA - With the Conservative government poised to announce its decision on Northern Gateway here's a look at the controversial pipeline project and how it shapes up against its cross-border cousin, Keystone XL: THE BASICS Northern Gateway is a proposed 1,177-kilometre twin pipeline that would carry diluted bitumen from Alberta to the town of Kitimat on the British Columbia coast, where it would be shipped overseas by oil tankers. One pipeline would carry an average of 525,000 barrels [Read more]
Timeline of major events in Northern Gateway application process
VANCOUVER - Milestones in the Northern Gateway project: March 6, 2002: Calgary-based Enbridge (TSX:ENB) announces preliminary plans for a pipeline linking the Alberta oilsands to the West Coast. April 14, 2005: The company announces a deal with PetroChina Co. to transport oil from Alberta to the B.C. coast for export. The pipeline is expected to be in operation in 2010. Nov. 1, 2006: With the National Energy Board process already underway, Enbridge announces it will delay Northern [Read more]
Facts about Northern Gateway
VANCOUVER - Some facts about the Northern Gateway project:Cost: Estimated to be $7 billion, but that figure has been increasing.Route: Twin pipelines would run 1,177 kilometres from Bruderheim, just outside Edmonton, to a tanker port in Kitimat, on the northern coast of B.C.Oil: A westbound pipeline would carry up to 525,000 barrels a day of synbit, a blend of refined synthetic oil and bitumen, two types of dilbit and synthetic oil to Kitimat for export.Condensate: A second pipeline heading east [Read more]
Oil slips as U.S. deploys small force to Iraq amid worsening violence
The price of oil dropped Tuesday after the U.S. said it was deploying a small group of troops to Iraq, which helped soothe fears somewhat over the prospect of a broader conflict that could disrupt crude supplies. Benchmark U.S crude for July delivery dropped 29 cents to US$106.61 a barrel in electronic trading on the New York Mercantile Exchange. The contract lost 1 cent to settle at $106.90 on Monday. Brent crude, a benchmark used to price international oils, fell 33 cents to $112.61 a [Read more]
Feds’ final decision on Northern Gateway later today
VANCOUVER - The federal government will announce its much-anticipated decision on the Northern Gateway pipeline after markets close today. Under its own rules, the Conservative government has a June 17 deadline for the final word on whether the 1,200-kilometre pipeline can be built linking the Alberta oilsands to a port on the British Columbia coast. A joint review panel of the National Energy Board and the Canadian Environmental Assessment Agency released a report in December recommending [Read more]
Keystone XL decision shouldn’t be symbol of Cda-US relations: Hillary Clinton
TORONTO - Washington's long-awaited decision to approve or reject the Keystone XL pipeline should not become a symbol of the relationship between the United States and Canada, former U.S. secretary of state Hillary Clinton said Monday.Speaking before a business crowd of roughly 1,800 in Toronto, Clinton said the controversial project — designed to move Alberta crude oil to the Gulf Coast — has become "a proxy for everything" as proponents and critics lock horns over its fate."However this [Read more]
Alberta regulator checks oilsands companies for odours
PEACE RIVER, Alta. - Alberta's energy regulator is mounting a two-week, around-the-clock compliance check near Peace River to ensure oilsands companies are following new rules on odour emissions."We only have so many people in each field office across Alberta, so we've essentially saturated this area with staff to do a targeted sweep," Jeff Toering of the Alberta Energy Regulator said Monday.The sweep involves two three-person teams moving from facility to facility in alternating 12-hour shifts [Read more]
Oil rises above $107 as Iraq turmoil intensifies
The price of oil rose above US$107 Monday as violence worsened in Iraq with reports of a massacre by Islamic militants, raising fears of widening instability in the country, a key energy producer. The northern town of Tal Afar became the latest to fall to the militants, who have already captured a vast swath of territory including Iraq's second-largest city, Mosul. The militants, who on Sunday posted graphic photos of truckloads of Iraqi soldiers that they apparently captured and killed, vow [Read more]
Northern Gateway opponents prepare for provincial referendum campaign
VANCOUVER - Resigned, perhaps, that federal government approval of the Northern Gateway pipeline is inevitable, opponents of the project are formulating a plan to make sure British Columbia's politicians remain opposed to the project. For months now, members of the Dogwood Initiative have been preparing for a provincial referendum akin to the vote that forced the Liberal government to repeal the harmonized sales tax in British Columbia.Should Ottawa give the pipeline the go-ahead by this [Read more]
- « Previous Page
- 1
- …
- 466
- 467
- 468
- 469
- 470
- …
- 544
- Next Page »