WASHINGTON - A series of fiery train crashes spurred a push by government and industry to make safer tank cars used to ship crude oil and ethanol. But the effort is bogging down in squabbling and finger-pointing. A spokesman for the American Petroleum Institute says the railroad industry won't share data behind their recommendations to make the cars safer. He says the oil industry wants a "comprehensive examination" of proposed changes. But the Transportation Department says it's the oil [Read more]
Canada’s oil, gas catch Europe’s eye amid Ukraine troubles: Polish ambassador
OTTAWA - The Russian invasion of Crimea is making Alberta's oil and gas more attractive in European capitals, says Poland's ambassador to Canada.Poland supports the idea of importing Canadian oil and gas, envoy Marcin Bosacki said Wednesday prior to the start of a two-day visit to his country by Foreign Affairs Minister John Baird."This point of view is being shared in a growing number of European capitals in the last two months since the Crimea invasion," Bosacki said."Of course, we are [Read more]
Ottawa ponders lifting threatened species status for Pacific humpback…environmentalists say it’s to encourage Northern Gateway development
VANCOUVER - In the midst of the heated debate over oil tankers off the coast of British Columbia, the federal environment minister has proposed improving the status of North Pacific humpback whales from threatened to "special concern." The whales have played a starring role in the campaign against oil pipelines and opponents accused the federal government Tuesday of removing a hurdle to the proposed multibillion-dollar Northern Gateway (TSX:ENB) pipeline. "What we're seeing is that the [Read more]
Oil slips to near US$102 a barrel amid prospects of rising U.S. crude supplies
The price of oil fell two per cent to settle just above US$102 a barrel Tuesday as investors weighed expectations of rising U.S. crude stockpiles against tensions in Ukraine. U.S. crude for May delivery dipped $2.24 a barrel to settle at US$102.13 in electronic trading on the New York Mercantile Exchange. On Monday, oil added seven cents to close at $104.37. Brent crude, an international benchmark for oil, eased 68 cents to US$109.27 on the ICE Futures exchange in London. Markets remain [Read more]
Alberta’s Hancock to meet with PM Harper next week to discuss Keystone pipeline
EDMONTON - Alberta Premier Dave Hancock will meet with Prime Minister Stephen Harper in Ottawa next week to talk about the Keystone XL pipeline. Hancock says they will discuss next steps after the United States delayed the pipeline yet again last week. The delay is to gather more information and to resolve court challenges to the pipeline in Nebraska. Hancock says he feels the U.S. government has enough information already to make a decision on a pipeline he says will benefit both [Read more]
Ottawa supports keeping drilling moratorium on Georges Bank off Nova Scotia
HALIFAX - Federal Finance Minister Joe Oliver says Ottawa agrees with keeping in place a moratorium on oil and gas exploration on Georges Bank off the southwest coast of Nova Scotia.The current federal-provincial moratorium on exploration on Georges Bank expires at the end of 2015 and Nova Scotia has been in talks with the federal government about creating matching legislation to extend it until the end of 2022.Oliver, who left the Natural Resources portfolio last month, says Ottawa continues to [Read more]
Stalling Keystone will hurt U.S. energy security, Canadian economy: Oliver
HALIFAX - The U.S. government's decision to stall the Keystone XL pipeline project will harm American energy security and the economies of both the U.S. and Canada, says the federal finance minister.Joe Oliver said Tuesday that the U.S. administration's indefinite delay of the project hurts employment on both sides of the border."I'm very disappointed by the American decision to delay yet again this project, which is perhaps the most studied natural resources project in the history of the [Read more]
Lawyer asks court to shut Alberta oilsands plant releasing harmful smells
EDMONTON - A lawyer is asking a court to shut down a northwestern Alberta oilsands plant while the owner works to stop harmful odours that have forced nearby residents from their homes.Keith Wilson represents families made ill by powerful smells emitting from Baytex Energy's operations near Peace River.Wilson says allowing Baytex to keep operating while it installs new equipment to block the smells puts corporate profits ahead of public health.Last week, Alberta's energy regulator agreed with [Read more]
Keystone may be stalled, but the protests aren’t: demos planned all week in D.C.
WASHINGTON - The Keystone XL project may appear stalled, but its opponents aren't taking their foot off the gas pedal. In fact, the anti-pipeline movement will accelerate its protests for a few days. Demonstrators are preparing to set up camp for six days, starting today, on the National Mall in Washington, D.C. A group called the C.I.A. — the "Cowboy and Indian Alliance" — will set up tipis and a covered wagon on the lawn near the White House, with a ceremonial horseback ride and [Read more]
Saskatchewan government ‘deeply concerned’ over delay in Keystone decision
REGINA - Saskatchewan Premier Brad Wall says the latest delay in a decision on the proposed Keystone XL pipeline is a major blow to Canada's energy industry. The U.S. State Department announced last week that it wants to give federal agencies more time to review the $5.4-billion proposal by Calgary-based TransCanada (TSX:TRP). TransCanada had hoped a legal dispute over the pipeline's route in Nebraska would not further hold up a decision at the federal level. Wall says he is deeply [Read more]
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