Category: Energy

TransCanada files application to NEB for Energy East crude pipeline

| October 30, 2014 | 0 Comments
TransCanada files application to NEB for Energy East crude pipeline

Energy East pipeline would deliver Alberta crude to eastern Canada export terminals, refineries After dozens of open houses and thousands of conversations across six provinces, TransCanada Corp. (TSX:TRP) has filed its regulatory application for its massive cross-Canada Energy East pipeline. But the hard part for TransCanada (TSX:TRP) was just beginning Thursday as copies of the document, […]

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Environmental groups question refinery benefits of Energy East in new report

| October 29, 2014 | 0 Comments
Environmental groups question refinery benefits of Energy East in new report

Energy East pipeline would move Alberta crude to eastern Canadian refineries A new report released by environmental groups questions whether the proposed Energy East pipeline is necessary to supplant Eastern Canada’s oil imports from the foreign suppliers frequently mentioned by TransCanada Corp. (TSX:TRP), the company proposing the $12-billion project. In making the case for the […]

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Prince Rupert LNG project: BG Group hits pause button, cites market conditions

| October 29, 2014 | 0 Comments
Prince Rupert LNG project:  BG Group hits pause button, cites market conditions

Prince Rupert LNG project was to reach a production capacity of up to 21 million tonnes per year British energy firm BG Group is hitting the pause button on its proposed liquefied natural gas project near Prince Rupert, B.C., as it takes stock of shifting market conditions. “All we’re doing at this point in time is […]

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Burnaby to appeal NEB decision granting Kinder Morgan access to conservation area

| October 28, 2014 | 0 Comments
Burnaby to appeal NEB decision granting Kinder Morgan access to conservation area

Kinder Morgan doing survey work on Burnaby Mountain The City of Burnaby, B.C., is refusing to back down from its fight with Kinder Morgan, saying it plans to appeal a National Energy Board decision granting the energy giant access to a municipal conservation area. The city has tried in recent months to block the company […]

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Oil companies ready to weather downturn in crude price

| October 25, 2014 | 0 Comments
Oil companies ready to weather downturn in crude price

Big oil companies say they have flexibility in capital spending to cope with lower prices Executives with two big Canadian oil companies are taking recent oil price weakness in stride, signalling no immediate plans to throttle back spending, but ensuring they have the flexibility to do so if needed. Cenovus Energy Inc. (TSX:CVE) and Husky […]

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Canadian clean-tech industry – more jobs, R & D investment

| October 24, 2014 | 0 Comments
Canadian clean-tech industry – more jobs, R & D investment

Canadian clean-tech industry sees direct employment jump 6 per cent from 2011 to 2012 By David Suzuki for Troy Media What’s the fastest-growing sector in Canada’s economy?  Given what you hear from politicians and the media, you can be forgiven for thinking it’s the resource industry, especially extraction and export of fossil fuels like oil […]

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Enbridge stands ground, tells National Energy Board that Line 9 design is safe

| October 24, 2014 | 0 Comments
Enbridge stands ground, tells National Energy Board that Line 9 design is safe

Line 9 pipeline design questioned by NEB Enbridge Inc. (TSX:ENB) insists in a regulatory filing that its design for the Line 9 pipeline through southern Ontario has the right shut-off valve configuration to minimize the risk to waterways and reservoirs in the event of a rupture. The Calgary-based company was responding to the National Energy Board’s […]

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BC LNG tax drops to 3.5 per cent, but competitive, fair, says Finance Minister

| October 21, 2014 | 0 Comments
BC LNG tax drops to 3.5 per cent, but competitive, fair, says Finance Minister

BC LNG tax cut to half of proposed seven per cent The British Columbia government has climbed down from its proposed goal of a seven per cent income tax on the province’s liquefied natural gas industry, and instead cut the rate in half to 3.5 per cent for the next two decades. Finance Minister Mike De Jong said […]

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BC LNG emissions law greenest, cleanest in the world: environment minister

| October 21, 2014 | 0 Comments
BC LNG emissions law greenest, cleanest in the world: environment minister

BC LNG tax plan to be introduced Tuesday New legislation introduced in British Columbia requires liquefied natural gas plants to meet emission standards or face penalties and makes the industry the cleanest in the world, says Environment Minister Mary Polak. Polak tabled the Greenhouse Gas Industrial Reporting and Control Act on Monday, saying it will set the province’s […]

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NB premier pledges support for Energy East pipeline

| October 21, 2014 | 0 Comments
NB premier pledges support for Energy East pipeline

Premier Brian Gallant calls Energy East pipeline an ‘extraordinary opportunity’ for Alberta and New Brunswick New Brunswick’s new premier said Monday he’s looking to assure Alberta’s oilpatch that even though the government has changed, its support for the Energy East pipeline has not. Brian Gallant is visiting Calgary this week in his first official visit since being […]

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