Oil sands development may be dampened by customer concerns about environmental performance in the oilsands While last week was the one-year anniversary of the Redford Government, it’s also an anniversary of sorts for the Pembina Institute. Two years ago, we released a road map toward responsible oil sands development that identified 19 key areas where [...]
Over 500 delegates, companies from eight countries attend BC LNG conference in Vancouver A 25-year export licence to Shell, $32 million in non-equity investments to First Nations and $120 million in provincial royalty credits to fund pipeline infrastructure in the province are the highlights of a recently concluded two-day international conference about the B.C. liquefied [...]
Next BC oil and gas rights sale set for March 27, three biggest bidders pay $2.5 million BC oil and gas rights to 17 parcels of land were sold by the province this month in the northeast part of the province and the sale has fetched more than $4.8 million in one-time revenue. After the [...]
Enbridge hopes to send more oil to Gulf Coast refineries Enbridge Inc. (TSX:ENB) and a partner are planning to convert some of their natural gas capacity to ship crude oil from a pipeline hub in Illinois to refineries in the eastern Gulf Coast refinery market. The Calgary-based pipeline company and Energy Transfer Partners would each [...]
Alberta oil and gas sector expected to create most jobs Canadian Press -by LuAnn LaSalle Pipe fitters and plumbers in the oil and gas industry in Western Canada can expect higher salary increases this year than retail and hospitality workers, says a new study. The oil and gas sectors in Saskatchewan and Alberta are [...]
Husky profit rises on higher refining margins Husky Energy Inc. earned a net profit of $474 million for the last three months of 2012 due to securing higher prices for its crude oil. Husky earned $408 million during the corresponding period the previous year. The company reported a 16 per cent rise in fourth-quarter net profit [...]
Northern Gateway-style polarization about fossil fuel will spread across Canada By Bruce A Stewart Canadians want two very different things, and 2013 will be the year when our politics starts to bear the strain of trying to have them both. On the one hand, we want to keep living the good [...]
B.C. to monitor Kitimat liquified natural gas facility under three-way regulations A proposed Kitimat liquefied natural gas facility (LNG) is one step closer to reality after Aboriginal affairs minister John Duncan announced a set of new recommendations. A new set of regulations will govern the proposed facility on the Haisla First Nation’s Bees Indian Reserve [...]
Water-drop-themed Enbridge demonstration raised environmental concerns By Ross Armour A demonstration opposing the Enbridge Northern Gateway Pipeline took place this Friday outside of the Sheraton Wall Centre in Downtown Vancouver. The event had a blue water drop theme as participants wore and carried the blue pieces of drop-shaped cardboard to show opposition to the potential [...]
$5 billion natural gas pipeline expected to be operational by 2018 TransCanada Corp. has been selected to build a $5 billion pipeline from Fort St. John to the LNG facility near Prince Rupert. The company will build and maintain the 750-kilometre pipeline for Petronas subsidiary Progress Energy. When completed, the Prince Rupert Gas Transmission project [...]