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First Nations bar B.C. from LNG summit over sweet gas assessment exemption

April 16, 20142:27 PM The Canadian Press0 Comments

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]

LNG

Government-commissioned studies suggest public unsure of energy industry benefit

April 16, 20141:10 PM The Canadian Press0 Comments

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

April 16, 201412:54 PM The Canadian Press0 Comments

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]

Keystone XL

SWN Resources proposing test wells in New Brunswick, but no fracking for now

April 16, 201411:24 AM The Canadian Press0 Comments

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]

SWN Resources

Jimmy Carter becomes first U.S. ex-president to urge Keystone XL rejection

April 16, 20149:30 AM The Canadian Press0 Comments

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]

Keystone XL

Alberta Energy Regulator toughens rules to cut possible effect of gas emissions

April 15, 20143:46 PM The Canadian Press0 Comments

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]

Baytex Energy

Germany’s RWE starts reverse-flow natural gas deliveries to Ukraine

April 15, 201412:07 PM The Canadian Press0 Comments

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]

Northern Gateway makes nice with Canadian unions as it works to build support

April 15, 201411:25 AM The Canadian Press0 Comments

PRINCE GEORGE, B.C. - Enbridge (TSX:ENB) is aiming to build support for its proposed Alberta-to-B.C. oil pipeline by pledging to bring good jobs, meaty paycheques and ample training opportunities to Canadian workers.A memorandum of understanding has been signed between Northern Gateway Pipelines and trade unions representing pipeline construction employees.Northern Gateway says the MOU promises a minimum of about 2,100 person years of union employment to the Pipe Line Contractors Association of [Read more]

Enbridge Northern Gateway

Encana advances plans for publicly traded spinoff PrairieSky Royalty

April 15, 20147:20 AM The Canadian Press0 Comments

CALGARY - Encana Corp. (TSX:ECA) has advanced its plans for spinning off a portion of its assets into a separate publicly traded business, to be called PrairieSky Royalty Ltd. The Calgary-based natural gas producer expects to own a majority interest in PrairieSky, but precise details of Encana's stake aren't disclosed in documents prepared for the new company's initial public offering. Encana originally announced plans for a spinoff in November, when it slashed its dividend and announced plans [Read more]

Encana PrairieSky Royalty

Oil falls below $104 ahead of talks on Ukraine crisis

April 15, 20141:26 AM The Canadian Press0 Comments

The price of oil fell Tuesday ahead of talks in Switzerland that might help defuse tension between the West and Russia over Ukraine. Benchmark U.S. crude for May delivery was down 68 cents to US$103.39 at 0650 GMT in electronic trading on the New York Mercantile Exchange. The contract rose 31 cents to close Monday at $104.05. Officials from the U.S., Russia, Ukraine and the European Union are set to meet in Geneva on Thursday for negotiations aimed at persuading Russia to back off in [Read more]

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