CALGARY - Trans Mountain Corp. says it is only a few days away from restarting its pipeline. The company says this week's rain and snowfall in B.C. has so far not caused any new concerns for the Trans Mountain pipeline. The pipeline has been shut down since Nov. 14 as a precaution due to flooding and extreme weather in B.C. Trans Mountain Corp. says it has more than 470 workers on the ground reinforcing berms and completing repairs to shore up the integrity of the line. The Trans [Read more]
Alberta rolls out new rules forcing industry to pay for abandoned well cleanup
CALGARY - Alberta's oil and gas regulator has rolled out new rules aimed at addressing the growing problem of inactive and abandoned wells in the province. The new rules will require the energy industry to spend $422 million next year and slightly more in 2023 on cleanup and remediation. Oil and gas producers seeking licences for new wells will also be assessed to make sure they are financially healthy enough to meet cleanup and closure responsibilities. The new rules mark the first [Read more]
Higher energy prices expected to deliver boost in Alberta budget update
EDMONTON - Alberta's finance minister says the recent bullish run on energy prices is part of a stronger economic story on the province's bottom line that will be revealed in the upcoming second-quarter budget update. Travis Toews says investment is gaining strength across a range of sectors. He is not revealing details until the update is delivered Tuesday. Economist Trevor Tombe says rising oil and natural gas prices could deliver a $2-billion boost to the budget. The province is [Read more]
Environmentalists threaten Premier Kenney with lawsuit over inquiry remarks
A coalition of at least eight environmental groups is threatening to sue Alberta Premier Jason Kenney for defamation if he doesn't retract and apologize for statements saying a public inquiry found they spread misinformation about the province's oil and gas industry. The groups, in a letter obtained by The Canadian Press, have given the premier a week before they say they would file a statement of claim against him. "If Premier Kenney doesn't follow the good advice of his lawyers, he will [Read more]
TC Energy seeks to recoup costs from U.S. for cancelled Keystone XL pipeline project
WASHINGTON - Pipeline giant TC Energy is formally seeking compensation from the U.S. government for the cancellation of the cross-border Keystone XL expansion project. The Calgary-based company has officially filed a request for arbitration in its bid for "economic damages" resulting from President Joe Biden's decision to cancel the project. Cancelling the presidential permit issued by predecessor Donald Trump was one of Biden's first decisions when he took office in January. The [Read more]
Trans Mountain pipeline could be restarted by end of week
CALGARY - The company that owns the Trans Mountain pipeline says it remains optimistic the pipeline could be restarted by the end of the week. Trans Mountain Corp. says it has 350 people working around the clock to restart the pipeline, which has been shut down as a precaution since Nov. 14 due to the flooding in British Columbia. The company says over the weekend, crews hiked or were airlifted into areas where there is still no road access to inspect the pipe. Trans Mountain says there [Read more]
Michigan judge rejects attorney general’s effort to move Line 5 case to state court
WASHINGTON - Calgary-based Enbridge Inc. scored a key victory in the Line 5 dispute Tuesday as a judge in Michigan rejected the state attorney general's bid to get the dispute over the cross-border pipeline kicked out of federal court. U.S. Circuit Court Judge Janet Neff issued the long-awaited written ruling late Tuesday, agreeing with Enbridge that its dispute with Michigan Gov. Gretchen Whitmer's administration involves "substantial federal issues." The decision resolves one of the [Read more]
B.C. public safety minister condemns blockade at Coastal GasLink pipeline site
VICTORIA - British Columbia's public safety minister has condemned a blockade set up along a forestry road used by construction workers for the Coastal GasLink natural gas pipeline. Mike Farnworth says in a statement the province is calling for the de-escalation of the "confrontation" and the peaceful removal of the blockade set up Sunday by members of the Gidimt'en clan, one of five in the broader Wet'suwet'en Nation. Farnworth says the blockade puts emergency access at risk for more than [Read more]
Ottawa must consult provinces on emissions cap for oil, gas industry: Alberta premier
OTTAWA - Alberta Premier Jason Kenney says the federal government must consult with the provinces as Ottawa moves on plans to implement a cap on emissions from the oil and gas sector. Kenney's warning came during a rare appearance with Prime Minister Justin Trudeau today, as Alberta became the latest province to agree to participate in a national child-care program. The two leaders sought to downplay their long-standing differences during a news conference in Edmonton announcing the [Read more]
Energy summit in UAE after COP26 stresses fossil fuel demand
ABU DHABI, United Arab Emirates (AP) — Energy ministers from across the developing world gathered in the emirate of Abu Dhabi on Monday and stressed the need for continued investment in fossil fuel production — a message just days after these same nations joined around 200 countries in accepting a compromise deal aimed at limiting rising global temperatures and curbing greenhouse emissions. Energy ministers from two key OPEC nations — the United Arab Emirates and Saudi Arabia — pointed to the [Read more]
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