ZAMA CITY, Alta. - The Alberta government says it's too soon to say whether a Texas-based oil company will face charges over a pipeline that leaked 9.5 million litres of industrial waste water.The Apache Canada Ltd. spill has flowed into wetlands in a remote area near Zama City in the province's northwest.The Energy Resources Conservation Board says the spill was first reported on June 1, but the board didn't learn about its size until Tuesday.Alberta Environment says its crews are [Read more]
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Kinder Morgan says small leak from Trans Mountain pipeline is contained
CALGARY - The National Energy Board says it's responding to a spill from Kinder Morgan's Trans Mountain line near Merritt, B.C., but the company says the public and the environment are not at risk.The energy watchdog said it doesn't yet know the size of the leak, which took place on Crown land but a release from Kinder Morgan says only about two cubic metres, or 12 barrels, of light crude was detected.The release, from spokesman Andy Galarnyk in Calgary, said the leak was found during [Read more]
TransCanada toll proposals on Canadian Mainline again rejected by NEB
CALGARY - TransCanada Corp. (TSX:TRP) says it is disappointed by the National Energy Board's latest rejection of its proposals on how the company charges customers to ship natural gas across the country. TransCanada is studying its options and says it may launch an appeal after being informed of the rejection by the NEB on Tuesday.The regulator told TransCanada that it had rejected in its entirety the company's request for a review and variance of a March 27 decision covering tolls and [Read more]
Rockbridge to Acquire Producing Properties in Alberta
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 13, 2013) - RockBridge Resources Inc. ("RockBridge" or the "Company") (TSX VENTURE:RBE) is pleased to announce that its wholly owned subsidiary, RockBridge Energy Alberta Ltd., has entered into a formal purchase and sale agreement with the receiver of Avatar Energy Ltd. of Calgary, to purchase certain oil and gas properties in southern Alberta. The acquisition includes working interests from 25% to 95% in 6 wells producing a net of approximately [Read more]
Fraser Institute: Obama’s Green Agenda and U.S. Oil and Gas Boom Pose Hurdles for Canadian Energy Exports
CALGARY, ALBERTA--(Marketwired - June 13, 2013) - Key energy and environmental policymakers in U.S. President Barack Obama's second-term cabinet are likely to pursue an agenda that hinders Canada's plans to greatly increase energy production and exports, argues a new study from the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. "Obama's new 'Green Team' is expected to maintain the policy playbook from the President's first term: pushing for more aggressive [Read more]
TransCanada Disappointed with NEB’s Rejection of Mainline Tolls Decision Changes
CALGARY, ALBERTA--(Marketwired - June 12, 2013) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) has received the National Energy Board (NEB)'s decision to reject TransCanada's request for review and variance of the NEB's previous decision released March 27, 2013 related to TransCanada's 2012-2013 restructuring proposal for tolls and service on the Canadian Mainline. On June 11, the NEB informed TransCanada that it is dismissing the company's review and variance application [Read more]
Pipeline in northern Alberta leaks 9.5 million litres of industrial waste water
ZAMA CITY, Alta. - A pipeline operated by a Texas-based oil company has leaked 9.5 million litres of industrial waste water in northern Alberta.The Energy Resources Conservation Board says the spill was first reported by Apache Canada Ltd. on June 1.The pipeline breach is about 20 kilometres northeast of Zama City, a remote community near the Northwest Territories boundary.Apache says it has stopped the leak and is working to contain and clean up the spill that covers a 42-hectare [Read more]
Prominent U.S. Keystone critic Robert F. Kennedy Jr. to visit oilsands
EDMONTON - One of the most prominent and recognizable critics in the United States of the proposed Keystone XL pipeline is coming to Alberta to have a look at the oilsands for himself.Environmental lawyer Robert F. Kennedy Jr. says he doesn't expect the visit to change his opinion."We've looked at the impacts of the tar sands internationally and in the United States and I want to learn as much as I can about benefits tar sands might bring to Canada," Kennedy told The Canadian Press [Read more]
Threats by unknown man forced evacuation of Calgary’s tallest building
CALGARY - Threats by an unknown man forced the evacuation of Calgary's tallest building. Occupants of the Bow, a 58-storey office tower, were cleared floor by floor on Tuesday afternoon after a suspicious man was spotted in several different locations. Calgary police say the man made unspecified threats inside the building and when security tried to deal with him he slipped away. The threats are being described as bizarre comments and included references to terrorists. The [Read more]
BP: US oil production surged in 2012 as growth in global energy demand slowed
LONDON - BP says the United States saw its biggest-ever annual increase in oil production in 2012, while the world's demand for energy grew at a slower pace than the year before. In its annual Statistical Review of World Energy released Wednesday, BP PLC says the U.S. produced 8.9 million barrels a day, up 13.9 per cent from 2011. Global oil production rose by 1.9 million barrels a day. Chief Executive Bob Dudley said the industry was seeing "a shift in supply towards a greater [Read more]