VICTORIA - Resource development and making British Columbia an "energy superpower" to grow the economy would allow for a new provincial government to pay down the record deficit, both the NDP and Conservative party leaders said on the campaign trail Monday. Interim Conservative leader Lorne Doerkson promised to double liquefied natural gas production by 2032, if elected, while NDP Leader David Eby announced his government would double the export of critical minerals within five [Read more]
Headlines
Energy regulator approves Trans Mountain toll settlement
CALGARY - The Canada Energy Regulator has approved a settlement between Trans Mountain Corp. and companies that pay to ship their oil through the Alberta-to-British Columbia pipeline. A commission of the regulator found the agreed-to tolls were "just and reasonable." The decision allows Trans Mountain to contract up to 90 per cent of the pipeline's capacity to shippers, an increase from 80 per cent. Trans Mountain announced the settlement in July following 18 months of [Read more]
CER approves Trans Mountain settlement, establishing a new framework for tolls
CALGARY, AB, Sept. 28, 2026 /CNW/ -- The Commission of the CER has approved Trans Mountain's Tolls Settlement. This decision [Filing C41001] approves a new framework for how tolls, tariffs, and transportation services are managed on the Trans Mountain Pipeline System. Tolls are the fees a pipeline company charges customers to ship products, such as oil, on its pipeline. The Commission found that the tolls were just and reasonable. This decision also allows Trans Mountain to contract up to 90 [Read more]
Trump says US will win Iran war ‘very soon’
US President Donald Trump told reporters that United States officials talked with mediators trying to end Washington's war with Iran on Monday, adding the US will win the Iran war "very soon." "We're going to win, as far as I'm concerned, it's going to be one way or the other," Trump said in the Oval Office. "It's going to go pretty quickly." Trump also said that gas prices will come tumbling down after the US wins the war. (Reporting by Bo Erickson and Trevor Hunnicutt in Washington; editing [Read more]
Enserva hosts Speakers Series with Alberta and Ontario premiers to discuss Canada’s energy and economic future
Premier Danielle Smith and Premier Doug Ford join business leaders to examine how Canada can strengthen its energy security, economic competitiveness and position in global markets CALGARY, Alberta, Sept. 28, 2026 (GLOBE NEWSWIRE) -- Today, Alberta Premier Danielle Smith and Ontario Premier Doug Ford joined business and energy leaders in Calgary for the 2026 Enserva Speaker Series at the TELUS Convention Centre. This event brought together two of Canada’s largest provincial economies for a [Read more]
US Supreme Court’s Alito won’t participate in climate case involving oil companies
US Supreme Court Justice Samuel Alito will not participate in an upcoming case involving a bid by oil companies to scuttle a lawsuit seeking to hold them liable for helping fuel climate change, a court official said on Monday. Alito owns stock in several oil and gas companies but not Exxon Mobil and Suncor Energy, the two companies involved in the dispute to be heard by the court on October 5. He had initially declined calls from watchdog and environmental groups to recuse. Alito stepped [Read more]
White House weighs red-dyed diesel tax relief to lower fuel prices
The White House is considering regulatory relief that would allow broader sales of red-dyed diesel as part of an effort to bring down soaring prices, a move that could allow some buyers to avoid the federal fuel tax, according to two people familiar with the discussions. The red-dye proposal has emerged from days of administration deliberations as one of the leading alternatives to a diesel export ban, which has been discussed as global supply disruptions drive prices to record levels. [Read more]
US natgas end-of-season storage seen at three-year low in October
U.S. natural gas storage is on track to end the April-October summer injection season at a three-year low of 3.841 trillion cubic feet (tcf) on October 31, 2026, according to analysts' estimates. That compares with a two-year low of 3.929 tcf at the end of October in 2025 and a five-year (2021-2025) average of 3.782 tcf. Looking ahead, analysts estimate stockpiles are on track to end the November 2026-March 2027 winter withdrawal season at a five-year low of 1.780 trillion cubic feet (tcf) [Read more]
Oil stocks in US strategic petroleum reserve fall to lowest level since 1982
Stocks of crude oil in the U.S. Strategic Petroleum Reserve fell to 283.8 million barrels last week, the lowest level since October 1982, according to data from the Department of Energy. The drawdowns are part of a U.S. agreement to release 172 million barrels from the facility. (Reporting by Anjana Anil in Bengaluru Editing by Nick Zieminski) [Read more]
US natgas futures fall as West Virginia pipe returns, Northeast spot drops to multi-year lows
US natural gas futures fell about 3% on Monday on expectations daily output will soon rise with the return to service of the Mountaineer XPress pipe in West Virginia over the weekend, while spot prices in the Northeast dropped to multi-year lows over a stormy weekend. On its last day as the front month, gas futures for October delivery on the New York Mercantile Exchange fell 10.1 cents, or 3.2%, to $3.095 per million British thermal units (mmBtu). Futures for November, which will soon be [Read more]
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