HOUSTON, B.C. - Mounties in northern British Columbia are investigating what they say was a violent confrontation between a group of about 20 people and Coastal GasLink employees at a work site for the pipeline. RCMP says in a news release they were called to the area early Thursday following reports that a group of people, some allegedly armed with axes, attacked security guards and smashed vehicle windows. Police say when they tried to reach the work site they were stopped by a downed [Read more]
Saudi Arabia keeps lid on oil output as prices rise
DUBAI, United Arab Emirates (AP) — Saudi Arabia is signalling it isn't willing to pump more oil and won't push for changes to an agreement with Russia and other producers that has kept a lid on oil production levels. This has Washington concerned as gasoline prices rise and tensions with Russia over Ukraine fuel market uncertainty. The Biden administration dispatched Brett McGurk, the National Security Council's Middle East coordinator, and the State Department’s energy envoy, Amos [Read more]
Canada has existing options if Line 5 shuts down, environmental report argues
WASHINGTON - A new report by a Canadian environmental group says alternatives to Line 5 already exist if the controversial cross-border pipeline gets shut down. The report, commissioned by Environmental Defence, recommends upgrading Enbridge Inc.'s new Line 78 pipeline to handle most of what Line 5 now delivers to Ontario and Quebec, as well as several Midwestern states. The state of Michigan is in court with Enbridge in a bid to shutter Line 5, fearing an ecological disaster in the [Read more]
Alberta government seeking $1.3 billion from U.S. over cancelled Keystone XL pipeline
CALGARY - Alberta is seeking $1.3 billion in compensation from the U.S. government in the wake of President Joe Biden's cancellation of the Keystone XL pipeline's permit. The provincial government says it has filed a notice of intent to launch a claim under legacy rules tied to the old North American Free Trade Agreement, or NAFTA. The proposed Keystone XL pipeline had been the subject of a decade-plus battle that pitted the energy industry against environmentalists. Biden revoked the [Read more]
Ottawa files court brief supporting Enbridge Inc. in Line 5 dispute with Michigan
WASHINGTON - The federal government has officially weighed in on the latest legal fray over the cross-border Line 5 pipeline. The latest batch of court documents includes an "amicus brief" from Ottawa that argues against shutting down the line while talks are ongoing between Canada and the United States. The court dispute between Michigan and pipeline owner Enbridge Inc. is shaping up to be a carbon copy of an almost-identical case that Gov. Gretchen Whitmer abandoned last [Read more]
Gasoline prices breaking records as crude oil tops US$90 a barrel
CALGARY - There is more pain at the pumps for Canadian drivers this week as gasoline prices climb to new record highs. Fuel price tracking website GasBuddy.com says the national average retail fuel price hit 151.3 cents per litre Friday morning. That's the highest average price on record, according to the website, which has data as far back as 2008. The biggest factor behind the gains is the price of crude oil, which is at an eight-year high. The benchmark West Texas Intermediate price [Read more]
Enerplus looking to sell Canadian assets but will maintain head office
CALGARY - Enerplus Corp. says it is looking to sell its Canadian assets later this year but will maintain its head office. The Calgary-based company says it hopes a successful sales process for the seven per cent of its current production will conclude in mid-2022. As a result of the effort, the company plans to change its reporting currency to U.S. dollars with the release of fourth-quarter results on Feb. 24 because the majority of its crude oil and natural gas properties are located in [Read more]
Environmental groups serve Alberta premier, government with defamation lawsuit
Five environmental organizations are following through on a threat to sue Alberta Premier Jason Kenney and the provincial government for defamation. In documents filed today, the groups allege Kenney deliberately twisted the findings of a public inquiry into their funding and whether they were conspiring to landlock Alberta oil by spreading misinformation about its environmental impacts. The inquiry, headed by Steve Allan, found the groups had done nothing wrong. But the groups allege [Read more]
Interior Department approves $1B to clean up abandoned wells
The Department of Interior is spending $1.15 billion to cap abandoned oil and gas wells across the United States. There are over 3 million abandoned oil and gas wells in the U.S., according to the Environmental Protection Agency. And Interior officials say that wells have been exposing millions of people to air and water pollution for decades. Interior Secretary Deb Haaland said in a statement Monday that the funding will help the country “confront the legacy pollution and long-standing [Read more]
Kenney to talk supply chain issues, pipelines at U.S. governors meeting
EDMONTON - Premier Jason Kenney says he will travel to Washington to discuss issues including COVID-19 and pipelines with American leaders. Kenney says he wants to talk about cross-border supply chain issues, including a ban by both countries on entry by truckers not vaccinated against COVID-19. Kenney says the ban further aggravates supply bottlenecks and leads to higher prices for consumers. He says he will also lobby to increase access to the U.S. for Canadian oil through transborder [Read more]
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