VANCOUVER - Members of an Alberta First Nation lost their bid to stop the sale of oil and gas tenure in neighbouring British Columbia, but they did win a warning from the judge that they must be consulted.A B.C. Supreme Court judge found that the Dene Tha have been properly consulted on the B.C. government's sale of exploration rights on 21 parcels of land, most for shale gas development in northeastern B.C.But in his written judgment posted on the court website today, Justice [Read more]
Headlines
GASFRAC Announces Executive Appointments
CALGARY, ALBERTA--(Marketwired - June 4, 2013) - The board of directors of GASFRAC Energy Services Inc. ("GASFRAC") (TSX:GFS) today announced that Jim Hill has been appointed as Chief Executive Officer and Tim O'Rourke has been appointed as Chief Operating Officer. Mr. Hill joined the Company in 2010 as its Chief Financial Officer and has served as Acting CEO since September 2012. Mr. Hill is a chartered accountant with over 30 years' experience as a CFO and in executive management [Read more]
Billionaire Democrat vows to block Keystone
WASHINGTON - A San Francisco billionaire — a friend to Barack Obama and a major Democratic financier — is embarking on a mission to block TransCanada's proposed Keystone XL pipeline by targeting voters who cast ballots for the president in last year's election.In an open letter to Obama, written by Tom Steyer just two months after hosting the president at his home, the climate-change activist says his political action committee, NextGen Action, is launching a campaign to "intensify our [Read more]
Cancen Announces Appointment of Chairman, Private Placement of Units to CFO and Stock Option Grants
CALGARY, ALBERTA--(Marketwired - June 4, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S. Cancen Oil Canada Inc. (TSX VENTURE:COI) ("Cancen" or the "Company") a provider of specialized services to the energy sector, is pleased to announce that it has appointed Marvin Jones Chairman of the board of directors (the "Chairman") of the Company (the "Board"). Mr. Jones has been a director of Cancen since October 2011 and has served as the Chairman of the audit [Read more]
PanTerra Announces Asset Sale
CALGARY, June 4, 2013 /CNW/ - PanTerra Resource Corp. ("PanTerra" or the "Company") announces that it has agreed to the sale of a 60% Working Interest in its Carrot Creek Cardium assets of Central Alberta. The total purchase price is$3,396,488. A letter of intent ("LOI") has been signed and a definitive purchase and sale agreement is being prepared for execution. The disposition will occur in two separate tranches, the details of which follow: (1) The sale of 60% of the Proven Producing Reserve [Read more]
Canadian Energy Pipeline Association (CEPA): New Recommended Practice to Improve Pipeline Transmission Performance
CALGARY, ALBERTA--(Marketwired - June 4, 2013) - The Canadian Energy Pipeline Association (CEPA) is pleased to announce a new recommended practice, which demonstrates the firm resolve by the Canadian transmission pipeline industry to continuously improve its performance and to respond to evolving public expectations. The Facility Integrity Management Program Recommended Practice (FIMP) provides guidelines for developing, documenting, and implementing a facilities management program specific to [Read more]
Pre-existing Defect a Central Factor in 2012 Pipeline Explosion in British Columbia
GATINEAU, QC, June 4, 2013 /CNW/ - The Transportation Safety Board of Canada (TSB) has concluded in its investigation report (P12H0105) that a pre-existing flaw in the pipe was the primary cause of a Westcoast Energy Inc. pipeline explosion that occurred on 28 June 2012, approximately 40 km northwest of Buick, British Columbia. On 28 June 2012, the 16-inch Nig Creek pipeline ruptured; gas escaping from the ruptured pipeline ignited, and the resulting fire spread to the surrounding forested [Read more]
National Energy Board hosts 2013 Safety Forum focussing on Emerging Issues in Oil and Gas Industry Safety Management
CALGARY, June 4, 2013 /CNW/ - The National Energy Board (NEB or the Board) is taking concrete action to continually improve safety and environmental protection in the energy sector. As a key component of the NEB's Action Plan on Safety and Environmental Protection 2011-2012, the Board will be hosting a forum on the safety of energy infrastructure on June 5 - 6, 2013 in Calgary, Alberta, at the BMO Centre at Stampede Park. This event presents an opportunity to explore emerging practices and [Read more]
Mountain view from Calgary to get even better with opening of new office tower
CALGARY - Fireworks and First Nations dancers were to be part of a lavish ceremony Tuesday to mark the official opening of the largest office building in Calgary and the tallest building west of Toronto. The 58-storey Bow Building was ranked in the top 10 architectural projects of 2012. Work on the structure started in June 2007, and the final cost came in at $1.4 billion. The Bow will house the headquarters for energy giants Encana and Cenovus, among other [Read more]
Offshore BC oil spill equipment obsolete: audit
VANCOUVER - Internal government audits of the Canadian Coast Guard's capacity to monitor and respond to a marine oil spill found a system that was outdated, disorganized and in need of an overhaul. But many of the substantial recommendations in the reports have languished, despite pressure on Ottawa to deal with concerns over a potential increase in oil tanker traffic off the British Columbia coast. Two 2010 audits "each found a number of significant deficiencies in the program's [Read more]