EDMONTON - When the Alberta legislature resumed sitting Tuesday, the first bill introduced by the United Conservative Party government was one aimed at shielding the province from federal laws it deems harmful to its interests. The Alberta Sovereignty Within a United Canada Act was a key promise from Premier Danielle Smith when she was running for the leadership of the party, replacing Jason Kenney. Smith said Tuesday that past efforts to work with the federal government have not worked [Read more]
Enbridge finalizes Woodfibre LNG deal to assume 30 per cent ownership stake
CALGARY - Enbridge Inc. says it has completed a previously announced transaction giving it a 30 per cent ownership stake in the Woodfibre liquefied natural gas (LNG) project. Enbridge announced in July a partnership with Pacific Energy Corp., part of the Singapore-based RGE Group, to jointly invest in the construction and operation of the Woodfibre LNG project, located near Squamish, B.C. Under the terms of the deal, Enbridge now owns a 30 per cent stake in the $5.1-billion project, with [Read more]
TC Energy expects cost of Coastal GasLink pipeline project to rise
CALGARY - TC Energy Corp. says it expects what it is calling a material increase in the cost of its Coastal GasLink pipeline project. The company says it continues to face significant cost pressures in Western Canada relating to labour costs and shortages of skilled labour, along with contractor underperformance and disputes. TC Energy says the project has also been hurt by other unexpected events including drought conditions, and erosion and sediment control challenges. It says it [Read more]
Line 5 shutdown ‘draconian,’ both sides must consider ‘imperfect’ alternatives: judge
WASHINGTON - A judge in Wisconsin is ordering Enbridge Inc. and an Indigenous band to confer about "imperfect" alternatives to shutting down the cross-border Line 5 pipeline. District Court Judge William Conley calls the prospect of shutting off the line "draconian" and wants Enbridge and the Bad River Band of the Lake Superior Chippewa to explore other options. Conley also rejects outright Enbridge's request that the band be ordered to allow the company access to its tribal lands in order [Read more]
Canada’s oil and gas drilling sector expects activity to pick up in 2023
CALGARY - The organization representing Canada's oil and gas drilling sector says it expects more activity in 2023. The Canadian Association of Energy Contractors (CAOEC) says it expects 6,409 wells to be drilled in Canada in 2023, an approximately 15 per cent increase from 2022. The CAOEC predicts 42,350 people will be employed directly and indirectly by the drilling sector in 2023, an increase of more than 5,400 jobs year-over-year. The industry group says it expects a boost next year [Read more]
All large emitters in Saskatchewan to be exempt from federal carbon tax in 2023
REGINA - All large emitters in Saskatchewan will soon be exempt from the federal carbon tax after Ottawa approved its proposed carbon-pricing system. Saskatchewan and Ottawa jointly announced that the federal output-based pricing system will no longer apply in the province starting in 2023. This comes after Saskatchewan applied to have natural gas pipelines and power plants regulated through its own carbon-pricing system. The federal system for industry will continue to apply in [Read more]
Canada won’t back call at COP27 to ‘phase down’ oil and gas production
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]
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