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Headlines

Possible natural gas leak closes Alberta highway near Easter Seal camp

July 12, 20131:41 PM BOE Report Staff

  COCHRANE, Alta. - A possible gas leak closed a highway Friday and threatened the evacuation of a children's camp in the Alberta foothills.Fire crews and officials from Alberta's energy regulator and Environment Department were on their way to the area following reports of a strong gas smell along Highway 66, just south of the Trans-Canada Highway near Cochrane.The smell was near Camp Horizon, a children's camp operated by the Easter Seal campaign."Right now, we're just investigating [Read more]

Provocative pro nuclear movie comes to Canada as country debates oil, climate

July 12, 20131:00 PM BOE Report Staff

  OTTAWA - To the chagrin of environmentalists, Robert Stone would like to see a day when nuclear power plants are manufactured like jumbo jets — and are just as common. Stone is the director and producer of "Pandora's Promise," a provocatively pro-nuclear-power film that premiered in January at the Sundance Film Festival and opens Friday night for a one-week run in Toronto. The film — a portrayal of former environmental opponents of nuclear power who have seen the glowing green [Read more]

Questerre Spuds Fifth Montney Well

July 12, 20136:48 AM Marketwired

CALGARY, ALBERTA--(Marketwired - July 12, 2013) - NOT FOR DISTRIBUTION ON U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Questerre Energy Corporation">Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) reported today that drilling operations have commenced on the fifth well (the "05-23 well") targeting the liquids rich-Montney shale in the Kakwa-Resthaven area of Alberta. Questerre holds a 25% working interest in this well. [Read more]

Bakken Montney Questerre Energy

NEB denies request to dub Chevron refinery ‘priority destination’ for crude

July 11, 20133:58 PM BOE Report Staff

  CALGARY - The National Energy Board has denied Chevron's request to deem its refinery in Burnaby, B.C., a "priority destination" for crude shipped on Kinder Morgan's Trans Mountain pipeline.The Canadian unit of U.S. energy giant Chevron Corp. (NYSE:CVX) brought the case before the regulator more than a year ago because it said it hasn't been able to economically access enough crude for the 55,000-barrel-per-day refinery.The Trans Mountain line wasn't able to accommodate all of the [Read more]

Chevron Trans Mountain Pipeline

Enbridge Restarts Line 37 Pipeline, Returns Athabasca Pipeline to Full Service

July 11, 20133:30 PM Marketwired

CALGARY, ALBERTA--(Marketwired - July 11, 2013) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) today confirmed the return to service of its Line 37 pipeline between Long Lake and Cheecham, Alberta at reduced operating pressure, and the return to full service of the Athabasca Pipeline (Line 19) between Fort McMurray and Cheecham. Line 37 had been shut down June 22 as a result of a release of light synthetic crude oil caused by high rains which led to 1-in-100 year water levels that triggered ground [Read more]

Enbridge

Renegade Petroleum Ltd. Announces a Reduction in the Dividend, Closing of a $19 Million Non-Core Asset Disposition, Confirmation of 2013 Production Guidance and an Operational Update

July 11, 20133:14 PM Marketwired

CALGARY, ALBERTA--(Marketwired - July 11, 2013) - Renegade Petroleum Ltd. ("Renegade" or the "Company") (TSX VENTURE:RPL), a light oil focused exploration and production company with assets located in Saskatchewan, Alberta, Manitoba and North Dakota, is pleased to provide an update on the Company's on-going strategic review process and the work the special committee and the board has done to increase Renegade's financial flexibility and strengthen its balance sheet. The board has [Read more]

Renegade Petroleum

Cenovus releases 2012 corporate responsibility report

July 11, 20133:13 PM CNW

Cenovus Energy

CALGARY, Alberta July 11, 2013 /CNW/ - Cenovus Energy has published its 2012 corporate responsibility report detailing the company's efforts to protect the health and safety of its workers, safeguard the environment, invest in and engage with local communities and maintain the highest standards of corporate governance and transparency. "We're committed to developing our energy resources in a responsible and environmentally-conscious way," said Jim Campbell, Cenovus Vice-President of [Read more]

Cenovus

STUDY: Distant earthquakes can affect oil, gas fields

July 11, 20132:12 PM BOE Report Staff

LOS ANGELES (AP) -- The powerful earthquake that rocked Japan in 2011 set off tremors around a West Texas oil field, according to new research that suggests oil and gas drilling operations may make fault zones sensitive to shock waves from distant big quakes. It's long been known that large quakes can trigger minor jolts thousands of miles from the epicenter. Volcanically active spots like Yellowstone National Park often experience shaking after a large distant event. Less is known about [Read more]

Moody’s: Quebec train disaster to raise costs for shipping oil by rail

July 11, 20132:04 PM BOE Report Staff

  CALGARY - Credit rating agency Moody's says it expects the deadly train disaster in Lac-Megantic, Que., to make shipping oil by rail more costly, putting pressure on both major railroads and oil producers.Moody's says the disaster will inevitably lead to increased scrutiny and result in regulatory delays from Canadian and U.S. governments.That's expected to increase capital and operating costs for rail companies — as has been the case in the past.Crude producers in North Dakota's [Read more]

Crude by Rail Keystone XL

Independent tests say oily sheen on Alberta river likely from ALGAE

July 11, 20131:28 PM BOE Report Staff

  FORT CHIPEWYAN, Alta. - Lab tests say a mysterious oily sheen that has covered a long stretch of the Athabasca River in northeastern Alberta is most likely from algae.Consultants hired by the Athabasca Chipewyan First Nation say the algae bloom is probably the result of high water from record-breaking rainfall combined with unusually warm temperatures.The scientists say dead fish floating on the river probably died as a result of oxygen starvation from the out-of-control algae [Read more]

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