HOUSTON - America's plan to use more natural gas to run power plants, make chemicals, drive vehicles and heat homes may not go as smoothly as expected.There's plenty of natural gas in the ground, everyone seems to agree. But the harsh weather this winter shows there are obstacles to producing it, and more pipelines have to be built.The bitter temperatures boosted demand for natural gas to heat homes and businesses. But wells in some places literally froze, making it difficult for some drillers [Read more]
CNRL pulls application to resume steaming near site of Primrose bitumen leak
CALGARY - Canadian Natural Resources Ltd. has pulled its application to resume steaming near the site of an ongoing bitumen spill in eastern Alberta. The Alberta Energy Regulator told CNRL on Friday its application would be denied, after which the company withdrew it. AER spokesman Bob Curran says it would have been inappropriate to allow that work to resume while an investigation into the root cause of the months-long leak was still ongoing. The energy watchdog is weighing a separate [Read more]
Official: Canadian oil won’t hurt North Dakota production
BISMARCK, N.D. — The director of the North Dakota Pipeline Authority says proposed increases of crude from Canada’s oil sands likely won’t have an impact on the state’s soaring oil production. Justin Kringstad says “both Alberta and North Dakota are growing sources of crude and both are looking at how to move that oil to market.” Calgary-based Enbridge has announced a $7 billion plan to increase the capacity of a crude oil pipeline that runs from Canada to Wisconsin. That project is in [Read more]
Oil prices fall below $102 after data from China, Japan showed weak trade, growth concerns
The price of oil fell below $102 on Monday after a surprise drop in China's exports and weaker economic growth in Japan suggested demand for crude could weaken.Benchmark U.S. crude for April delivery was down $1.18 to $101.40 per barrel at 0810 GMT in electronic trading on the New York Mercantile Exchange. On Friday, the contract rose $1.02 to close at $102.58 after strong U.S. employment figures for February. Brent crude, used to set prices for international varieties of crude, was down 90 [Read more]
Oilsands giant CNRL faces Alberta charges over hydrogen sulphide gas release
FORT MCMURRAY, Alta. - Canadian Natural Resources Ltd. is facing 11 environmental charges over the release of a potentially deadly gas near an aboriginal community in northern Alberta.The Alberta government said the charges stem from the release of hydrogen sulphide gas on August 2012 from the CNRL Horizon oilsands upgrader facility north of Fort McMurray.The province said it learned of the leaks after getting complaints from the Fort McKay First Nation and reports from air monitoring [Read more]
Oil rises to near $102 a barrel on better than expected US hiring figures
The price of oil crept up to near US$102 a barrel Friday after a solid increase in U.S. employment and a decline in the American dollar. Benchmark West Texas Intermediate crude for April delivery rose $1.02 to close at US$102.58 a barrel on the New York Mercantile Exchange. After a swing in prices earlier in the week due to the situation in Ukraine, oil ended the week with a loss of one cent. Brent crude, used to set prices for international varieties of crude, gained 90 cents to US$109 a [Read more]
Panel report gives proposed Nova Scotia LNG plant conditional approval
HALIFAX - An environmental panel has given conditional approval to a proposed liquefied natural gas plant on Nova Scotia's east coast. The panel says the plant planned for Goldboro by Calgary-based Pieridae Energy Canada can proceed. The panel assessed a number of environmental and socio-economic factors including the effects on groundwater and air quality, local marine and terrestrial habitat, the fishery, property values and employment. The report says the project would increase the [Read more]
Chevron pizza offer fails to register as scandal in Pennsylvania town where gas well exploded
BOBTOWN, Pa. - Critics are raging after an energy giant offered pizza coupons to a community near a natural gas well that exploded last month, killing a worker. News stories, TV shows and blogs — many sarcastic or outright scornful — spread the word far and wide. "Shame on you," one person wrote about the offer by Chevron Corp. "How insulting!" said another. Comedy Central's satirical "The Colbert Report" skewered it. But the 750 or so residents of the hamlet of Bobtown? Not one has signed [Read more]
Oil rises on Ukraine crisis and hopes of better U.S. hiring
Oil prices rose Friday as the Ukraine crisis took a new twist and expectations rose for a solid increase in U.S. employment. Benchmark U.S. crude for April delivery was up 31 cents to US$101.87 per barrel at 2:20 a.m. ET in electronic trading on the New York Mercantile Exchange. On Thursday, the contract rose 11 cents to close at $101.56. Brent crude, used to set prices for international varieties of crude, was up 21 cents to $108.31 per barrel on the ICE exchange in London. The U.S. [Read more]
Hillary Clinton says little to reassure Calgary crowd on Keystone
CALGARY - Former U.S. secretary of state Hillary Clinton says whatever the decision on the proposed Keystone XL pipeline, it's important that Canada and the United States retain a good working relationship."I think it's important not to let whatever that decision is on one pipeline colour the potential for co-operation ... between the United States and Canada on energy production and climate change," Clinton told about 2,500 business leaders at a private event in Calgary on Thursday.She offered [Read more]
- « Previous Page
- 1
- …
- 487
- 488
- 489
- 490
- 491
- …
- 538
- Next Page »