OTTAWA - Environment Minister Steven Guilbeault says Canada will not agree to include language calling for the phaseout of all fossil fuels in the final agreement at this year's United Nations climate talks in Egypt. The agreement from the UN conference in Scotland last year called for countries to move faster to get rid of coal-fired electricity plants that are not abated with technology to capture emissions. India is pushing to add oil and gas to that paragraph in this year's final [Read more]
Work remains halted at Tamarack Energy site after contractor deaths
CALGARY - Work remains halted at an oil and gas site in northern Alberta where two contractors died Saturday in an explosion. Tamarack Valley Energy Ltd. CEO Brian Schmidt says he doesn't know when the company will restart operations at the site. Both the company and Occupational Health and Safety are investigating the blast, which occurred in the Marten Hills area northwest of Slave Lake, Alta. Tamarack Valley acquired the site where the explosion took place earlier this year, as part [Read more]
‘Bridge fuel’ or climate villain? Natural gas in the spotlight as COP27 continues
CALGARY - After long enjoying a reputation as a "bridge fuel" capable of helping the world achieve its climate goals, natural gas is losing some of its environmental lustre — and that has implications for Canada's energy sector. Canada is the fourth-largest global producer and sixth-largest exporter of natural gas. And with the war in Ukraine driving a global energy crisis, companies like Enbridge Inc. and TC Energy say they expect demand to grow for liquefied natural gas (LNG) exports from [Read more]
Two workers killed in blast at oil and gas site in northern Alberta
SLAVE LAKE, Alta. - RCMP say two workers have died in an explosion at an oil and gas site in northern Alberta. Officers and emergency crews were called Saturday to the site near Slave Lake, about 250 kilometres north of Edmonton. The deaths are being investigated by Alberta Occupational Health and Safety. A government official says no further information is being released at this time. The site is operated by Calgary-based Tamarack Valley Energy. [Read more]
‘How a Fox would design a henhouse’: Alberta rural leaders on oil well cleanup plan
EDMONTON - The head of the Rural Municipalities of Alberta says an oil and gas industry proposal to grant the industry royalty credits to clean up abandoned wells is like having the fox design the henhouse. Paul McLauchlin also says the proposed RStar program would have such profound implications for future revenues that it deserves to be a ballot issue. “Is (RStar) for Albertans or is it for the industry?” McLauchlin said Thursday. “When I look at it, it is exactly how a fox would design [Read more]
Biden tightens methane emissions rule amid push for more oil
SHARM EL-SHEIKH, Egypt (AP) — The Biden administration is ramping up efforts to reduce methane emissions, targeting the oil and gas industry for its role in global warming even as President Joe Biden has pressed energy producers for more oil drilling to lower prices at the gasoline pump. Biden was set to announce on Friday a supplemental rule cracking down on emissions of methane — a potent greenhouse gas that contributes significantly to global warming and packs a stronger short-term punch [Read more]
Pathways president says industry will be judged on whether it accomplishes its goals
CALGARY - Not that many years ago, the idea of showcasing the Canadian oilsands at an international summit on climate change would have been laughable. It is just three years since green energy think-tank the Pembina Institute declared the oilsands as on a "collision course" with this country's climate goals, and fewer than six years since Prime Minister Justin Trudeau sparked fury in Alberta by commenting in a public forum that the province's oilsands industry needs to be "phased out" as [Read more]
New Alberta energy minister to keep coal moratorium, consider well clean-up breaks
EDMONTON - Alberta's new energy minister says that for now, he will maintain an order protecting the Rocky Mountains from coal development. But Peter Guthrie says his department is already working on a program to give oil companies royalty breaks to clean up old wells. Speaking at an Edmonton press conference on funding for a hydrogen project, Guthrie confirmed he has no plans to withdraw the order — although he wouldn't say how long it will remain. The order from the previous minister, [Read more]
Suncor reducing contractor work force by 20 per cent to improve safety, efficiency
CALGARY - Suncor Energy Inc. is reducing the size of its contractor work force by 20 per cent as part of its effort to improve safety and performance at its oilsands operations. Interim CEO Kris Smith told analysts on a conference call Thursday that more than half of the work force reductions have already been completed, with the remainder on track to be completed by the first half of 2023. He said the decision to reduce the number of contractors working on Suncor sites was the result of [Read more]
‘Money for free’: Critics warn proposed Alberta well cleanup plan a royalty giveaway
EDMONTON - Critics fear Alberta's new United Conservative premier is preparing to bring in a program that would use billions of dollars in taxpayer-funded royalty breaks to subsidize energy companies to fulfil their legal duty and clean up old wells. The so-called RStar proposal, developed by an industry group, has been criticized by legal experts, energy economists and the province's own internal analysts. But for more than a year, Danielle Smith and newly appointed members of her cabinet [Read more]
- « Previous Page
- 1
- …
- 65
- 66
- 67
- 68
- 69
- …
- 539
- Next Page »