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]
U.S. pipeline workers blast Obama administration for delaying Keystone XL
American pipeline workers are blasting a decision to delay the Keystone XL process, saying the move by the Obama administration has erased a few thousand high-paying jobs this summer. One union — the Laborers' International Union of North America — called the move gutless, and accused the government of announcing it on a holiday weekend in the hope fewer people would be paying attention. One member of that union says his phone is ringing off the hook. Ron Berringer says he has received [Read more]
Price of crude oil rises and stays above US$104 a barrel amid Ukraine jitters
The price of oil edged higher Monday and stayed above US$104 per barrel as investors watched the simmering tensions in Ukraine.West Texas Intermediate crude for May delivery rose seven cents to US$104.37 a barrel on the New York Mercantile Exchange after a three-day holiday weekend.Markets were on edge at the possibility of European or U.S. sanctions that might disrupt Russian oil exports. Tensions got worse after an Easter morning shooting at a checkpoint manned by pro-Russian insurgents.Upward [Read more]
Oil edges down but stays above $104 a barrel amid Ukraine jitters
BEIJING - The price of oil edged down Monday but stayed above $104 per barrel as investors watched simmering tensions in Ukraine. U.S. crude for May delivery was down 12 cents at US$104.18 in electronic trading on the New York Mercantile Exchange after trading resumed following a three-day holiday weekend. The contract rose 44 cents to $104.30 in the previous session. Markets are on edge at the possibility of European or U.S. sanctions that might disrupt Russian supplies. Tensions were [Read more]
Alaska Legislature passes bill to advance major liquefied natural gas project
JUNEAU, Alaska - The Alaska Legislature has passed a bill setting the state's participation in a major liquefied natural gas project. The House voted 36-4 on the measure Sunday. The Senate later voted 16-4 to agree to the House changes. SB138, from Gov. Sean Parnell, would set state participation at about 25 per cent in a project also being pursued TransCanada, the Alaska Gasline Development Corp., and the North Slope's major players. It would allow the project to move to a stage of [Read more]
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