FORT NELSON, B.C. - British Columbia Environment Minister Mary Polak has done a complete turn around on a decision that would have exempted most of the natural gas produced in the province from mandatory environmental assessment. After quietly passing an order in council Monday without public debate that would have removed about 99 per cent of the natural gas produced in the province from automatic environmental reviews, the government reversed the decision late Wednesday. The announcement [Read more]
Triton partnership gets NEB approval for 25-year LNG export licence
CALGARY - The National Energy Board has approved an application by Triton LNG Limited Partnership for a 25-year licence to export liquefied natural gas from a port in British Columbia. Triton, a partnership announced last year between AltaGas LTd. (TSX:ALA) and Idemitsu, will ship the gas from either Kitimat or Prince Rupert. The NEB says a proposed liquefaction terminal will require further regulatory approval before construction can begin. In their application, the Triton partners [Read more]
Crude oil remains near US$104 a barrel despite huge rise in US stocks
NEW YORK - Oil rose just a penny Wednesday as worries about upheaval in Ukraine offset the dampening effect of a huge increase in U.S. oil supplies.Benchmark West Texas Intermediate crude for May delivery closed at US$103.76 a barrel on the New York Mercantile Exchange. Brent crude for June delivery, a benchmark for international varieties, closed at US$109.36 in London. The May contract expired Tuesday at US$108.74 a barrel.U.S. oil rose to nearly $105 per barrel in morning trading, but fell [Read more]
First Nations bar B.C. from LNG summit over sweet gas assessment exemption
FORT NELSON, B.C. - British Columbia government officials have been kicked out of a First Nations forum on liquefied natural gas over the government's decision to exempt most of the gas produced in the province from mandatory environmental assessment.The chief of the Fort Nelson First Nation, organizer of today's summit, asked the bureaucrats to leave this morning.On Monday, the Liberal government made changes that mean plants that produce so-called sweet gas will no longer face an automatic [Read more]
Government-commissioned studies suggest public unsure of energy industry benefit
OTTAWA - Public opinion research contracted by Ottawa suggests the pro-resource-development Conservative government has not yet convinced Canadians of the national benefits of the energy industry. Two different polling companies conducted cross-country focus groups last fall — in addition to one large national poll — and reported a common theme: Most Canadians just don't see what's in it for them. Natural Resources Canada, which commissioned the two studies at a combined cost of almost [Read more]
Cdn government scolds Jimmy Carter over pipeline position
WASHINGTON - The Keystone XL pipeline issue has created a tiff between a former U.S. president and the Canadian government. The Prime Minister's Office reacted swiftly Wednesday to a letter signed by Nobel laureates, including Jimmy Carter, urging President Barack Obama to reject the pipeline. Carter is the first former president to come out against Keystone. Prime Minister Stephen Harper's office warned: Remember 1979. It was a reference to the dip in oil supply which followed the [Read more]
SWN Resources proposing test wells in New Brunswick, but no fracking for now
FREDERICTON - The company at the centre of a fracking controversy in New Brunswick says it hopes to drill four test wells next year that will help determine the location of shale gas deposits in Queens and Kent counties.If the project is approved, SWN (swin) Resources Canada says the vertical test wells would extend several thousand metres below the surface in Pangburn, Bronson, Galloway and Lower Saint-Charles.Environment Minister Danny Soucy says the wells must undergo environmental [Read more]
Jimmy Carter becomes first U.S. ex-president to urge Keystone XL rejection
WASHINGTON - For the first time ever, a former U.S. president has come out against the Keystone XL pipeline.The ex-president in question is Jimmy Carter.The 39th president joined a group of Nobel laureates to sign a letter urging the current commander-in-chief to reject the pipeline from Canada.The letter tells Barack Obama that he stands on the brink of making a choice that will define his legacy on one of the greatest challenges humanity has ever faced – climate change.It says his decision [Read more]
Alberta Energy Regulator toughens rules to cut possible effect of gas emissions
CALGARY - Alberta's energy regulator is toughening rules to reduce the potential negative effects of energy industry gas emissions.The new rules will apply to industry practices such as flaring, venting and burning off gas and are to go into effect June 16.Jim Ellis, president of the Alberta Energy Regulator, said the changes will help ensure the safe and environmentally responsible development of energy resources."Revisions to Directive 060 give the AER tools to require gas conservation, [Read more]
Germany’s RWE starts reverse-flow natural gas deliveries to Ukraine
BERLIN - German utility company RWE said Tuesday it has started sending natural gas to Ukraine, a move that could support the country if Russia acts on its threat to cut off supplies because of a massive debt for past deliveries.The reverse-flow deliveries from Germany via Poland are largely symbolic for the moment, but could be ramped up to provide about a fifth of the country's gas needs.Last week, Russian President Vladimir Putin said Ukraine owes Russia $35.4 billion for gas — about 20 times [Read more]
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