CALGARY, Sept. 20, 2013 /CNW/ - Novus Energy Inc. ("Novus" or the "Company") (TSXV: NVS) is saddened to announce that it's Vice President of Operations, Mr. John M. (Jack) Lane has passed away after a brief illness. Mr. Lane will be deeply missed by his friends and colleagues at the Company. The Board of Directors, management and staff of Novus wish to express their gratitude for the valuable contributions Mr. Lane made in helping to build Novus, and wish to provide their sincere condolences [Read more]
News
Crew Energy Inc. Comments on AESRD Press Release
CALGARY, ALBERTA--(Marketwired - Sept. 19, 2013) - In response to the Alberta Environment and Sustainable Resource Development ("Department") Press Release dated September 19, 2013, Crew Energy Inc. (TSX:CR) confirms it is in receipt of an enforcement order, dated September 12, 2013, to restore and reclaim a surface lease in the Suffield area of Alberta. The lease is approximately 600 metres from a ferruginous hawk nest built on a man-made structure (windmill). The regulated setback of an active [Read more]
Oliver says Canada needs to take advantage of world markets for LNG
CALGARY - Federal Natural Resources Minister Joe Oliver says Canada risks missing the boat if it doesn't get its act together soon and take advantage of long-term opportunities in liquefied natural gas exports."All of Canada's natural gas exports are currently to the United States, a country that will require less Canadian gas in the future," said Oliver, in a speech to the Canada LNG Export Forum Thursday."Therefore we must reach new markets in countries that urgently need energy to generate [Read more]
Alberta govt orders Crew Energy to stop operating an oil well near endangered Hawks
SUFFIELD, Alta. - The Alberta government has swooped down on an oil company that 'violated' regulations by operating a well too close to endangered Hawks. The province says it has ordered Calgary-based Crew Energy Inc. to stop operating an oil well near Suffield in southern Alberta. The government says the well is too close to a nest of ferruginous hawks, which are protected under the federal Species At Risk Act. The province says it has also cancelled the company’s mineral surface [Read more]
Ex-Halliburton manager charged with destroying evidence in 2010 oil spill
NEW ORLEANS (AP) -- A former Halliburton employee has been charged with destroying evidence following BP's 2010 oil spill in the Gulf of Mexico. Anthony Badalamenti, who had been the cementing technology director for Halliburton Energy Services Inc., was charged in federal court Thursday with instructing two other employees to delete data during a post-spill review of the cement job on BP's blown-out well. The 61-year-old Badalamenti of Katy, Texas, is charged in a bill of information, [Read more]
7,500 migrating birds die in St John LNG facility flare
SAINT JOHN, N.B. - A manager at the Canaport liquefied natural gas facility in Saint John says there's little it can do in the next few weeks to prevent more migrating birds from flying into a flare that's burning at the plant. Fraser Forsythe said Thursday the latest estimate is that about 7,500 migrating birds died while the company was burning off excess gas at the facility on Friday and Saturday. The plant is in the middle of making changes to equipment at the facility to reduce the [Read more]
Funding available to participate in the NEB’s regulatory process regarding the Nova Gas Transmission Ltd. North Montney project
CALGARY, Sept. 18, 2013 /CNW/ - The National Energy Board (NEB, or the Board) is making available $250,000under its Participant Funding Program to assist directly affected persons to participate in the regulatory process of the Nova Gas Transmission Ltd. (NGTL) North Montney project. A higher amount may be considered once applications for funding are received. The proposed project includes the construction and operation of 305 km of pipeline in northeast British Columbia, along with associated [Read more]
Oil spikes as Fed maintains stimulus program, US oil supplies drop
NEW YORK - The price of oil spiked Wednesday as the Federal Reserve unexpectedly maintained its stimulus for the American economy and the U.S. Energy Department reported a bigger than expected drop in supplies of crude oil and gasoline.Benchmark West Texas Intermediate crude for October delivery gained $2.65, or 2.5 per cent, to close at US$108.07 a barrel on the New York Mercantile Exchange. It was oil's biggest gain in three weeks and erased the losses from Monday and Tuesday.The Fed was [Read more]
Alaskans to get $900 in oil wealth checks this year
ANCHORAGE, Alaska (AP) -- While the economy continues to recover, the worst of the recession was very much felt by Alaskans on Wednesday who learned their annual check from the state's oil-wealth fund would be a small one. Nearly every Alaska resident will receive a check for $900, acting Revenue Commissioner Angela Rodell announced at a ceremony in downtown Anchorage. The amount of each person's dividend is based on a five-year rolling average of worldwide investment markets that were [Read more]
Keystone worth the costs of ongoing lobbying efforts: Oliver
CALGARY - Federal Natural Resources Minister Joe Oliver says the potential benefits of the Keystone XL pipeline far outweigh the costs of all the lobbying being done in favour of the mega-project.Conservative politicians have made several trips to Washington, D.C., over the past five years in an effort to calm fears, shore up support and offer rebuttal to critics of the project."We have in play here a very large project that will make a difference economically to Canada and will generate [Read more]