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Fort St. John
Thursday, January 17, 2019
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Petrochemical growth spurt expected despite rising desire for fewer plastics

CALGARY, A.B. - Canada's slow-growing petrochemical industry is headed for its biggest surge of expansion spending in five years in 2019, thanks in large part to incentive programs by federal and provincial governments. The government support has angered environmental groups who point out that almost 90 percent of plastics used in this country wind up as litter or in landfills. But...

Husky Energy walks away from its hostile takeover bid for MEG Energy

CALGARY, A.B. - Husky Energy Inc. is walking away from its hostile takeover offer for MEG Energy Corp. after failing to win enough shareholder support. Husky says there have also been several negative surprises in the market since it first announced its offer at the end of September last year. The company cited production cuts for the oil industry mandated by...

Supporters of Wet’suwet’en hereditary chiefs hold rally in Smithers

SMITHERS, B.C. - Hundreds of supporters and hereditary chiefs from around British Columbia gathered in Smithers to show solidarity with the hereditary chiefs of the Wet'suwet'en First Nation. Chief Na'Moks says the rights of the hereditary chiefs to the land have never been extinguished. He says no elected band council or Crown authority has jurisdiction over the land, and agreements signed...

Alberta crude oil curtailments remain unchanged despite price recovery

CALGARY, A.B. - Alberta Energy Minister Marg McCuaig-Boyd says the province is leaving its oil curtailment levels at 325,000 barrels per day for now despite discounts for western Canadian crude that have narrowed to three-and-a-half-year lows. According to Net Energy Exchange, the difference between bitumen-blend Western Canadian Select and New York-traded West Texas Intermediate was about US$8.25 per barrel on...

Kinder Morgan Canada revenue for pared back assets climb, distributes windfall

CALGARY, A.B. - Kinder Morgan Canada Ltd. says earnings from its significantly pared-back assets climbed 80 percent in the fourth quarter compared with a year earlier. The results don't include the Trans Mountain Pipeline, a package of storage terminals and the Puget Sound pipeline that the company sold to the Government of Canada for $4.5 billion last August. The company's remaining...

B.C. chief says they didn’t give up rights for pipeline to be built

SMITHERS, B.C. - A Wet'suwet'en hereditary chief told a crowd of First Nation leaders gathered in Smithers, B.C., that no elected band council or Crown authority has jurisdiction over the land. Chief Na'Moks says the rights of the hereditary chiefs to the land have never been extinguished. He says the agreements signed by pipeline builder Coastal GasLink are illegitimate and the...

Wait until Trans Mountain pipe built before buying in, Indigenous investors told

CALGARY, A.B. - The consultant who helped broker a $545-million investment by two northern Alberta Indigenous communities in a new Suncor Energy Inc. storage tank farm says similar stakes in the Trans Mountain pipeline shouldn't take place until after its expansion is built. Barrie Robb, a principal with Fivars Consulting Ltd. of Calgary, says he would advise Indigenous groups to...

Indigenous energy summit includes session on pipeline ownership options

CALGARY, A.B. - First Nations that produce oil and gas in Canada will hear presentations Wednesday at the Indigenous Energy Summit on how they might take ownership of major energy projects, including the Trans Mountain pipeline. Steven Saddleback of the Indian Resource Council says a session will feature presentations on financing models that could be followed to allow ownership of major...

Crescent Point Energy Corp. cuts quarterly dividend and capital budget

CALGARY, A.B. - Crescent Point Energy Corp. has cut its capital budget for this year by about $500 million and slashed its dividend. The company said it will now pay a quarterly dividend of a penny per share, down from three cents per month. However, it says that given its low share price it will buy back up to seven percent...

RCMP to review arrests at B.C. pipeline blockade, create temporary detachment

SURREY, B.C. - The RCMP will review the actions of its officers who arrested 14 people at an Indigenous pipeline blockade in northwestern British Columbia last week. The Mounties enforced a court injunction Jan. 7 allowing Coastal GasLink workers and contractors access to a work site where a natural gas pipeline is planned. Assistant commissioner Eric Stubbs says the situation was...

Alberta premier fed up with federal government for inaction on oil and gas

CALGARY, A.B. - Premier Rachel Notley expressed frustration again Monday about a lack of progress in completing the Trans Mountain pipeline. Notley's comments came after a federal cabinet shuffle that left Natural Resources Minister Amarjeet Sohi in his portfolio. She said that's probably a good thing as removing Sohi before the outcome of a court-ordered Indigenous consultation by the National Engery Board...

Alberta premier fed up with federal government for inaction on oil and gas

CALGARY, A.B. - Alberta Premier Rachel Notley expressed frustration again Monday about a lack of progress in completing the Trans Mountain pipeline. Notley's comments came after a federal cabinet shuffle that left Natural Resources Minister Amarjeet Sohi in his portfolio. She said that's probably a good thing as removing Sohi before the outcome of a court-ordered Indigenous consultation by the National...

UN committee warns Canada in letter that Site C dam may break deals

A United Nations committee has warned Canada that continued construction of the Site C hydro dam in northeastern British Columbia may violate international agreements. The UN's Committee on the Elimination of Racial Discrimination says Canada may have already violated an agreement it signed 50 years ago. That agreement commits Canada to prevent development on Indigenous land without adequate consultation. Canada has...

Canada, First Nations express concern over U.S. Arctic drilling plans

The Canadian government, two territories and several First Nations are expressing concerns to the United States over plans to open the calving grounds of a large cross-border caribou herd to energy drilling, despite international agreements to protect it. ``Canada is concerned about the potential transboundary impacts of oil and gas exploration and development planned for the Arctic National Wildlife Refuge...

Police and Indigenous blockades going up, work to begin again on B.C. pipeline

SMITHERS, B.C. - The RCMP lifted an exclusion zone Friday that cut off public access to a forest service road in northern British Columbia at the site of a confrontation this week between Mounties and opponents of a natural gas pipeline. Police say the public and media can travel on the road in the Wet'suwet'en First Nation territory but the RCMP...

Police and Indigenous blockades going up, work to begin again on B.C. pipeline

SMITHERS, B.C. - A convoy of work trucks passed through a police roadblock today heading to the Unist'ot'en camp to dismantle barriers that had blocked workers from starting construction on a natural gas pipeline through Wet'suwet'en territory. Senior officers in the RCMP's Indigenous liaison unit were also going to the site, which has been the centre of growing tensions in...

Trudeau faces questions about immigration, trade, Saudi arms deal in Regina

REGINA, S.K. - Prime Minister Justin Trudeau faced blunt questions from people at a town hall in Regina including one from a man who fears Canada's immigration policies are putting lives at risk. The man told Trudeau that Canada's policy threatens freedom, that Islam and Christianity don't mix and suggested that some immigrants want to kill Canadians. It was met...

LNG Canada to continue to advance project despite pipeline protests

VANCOUVER, B.C. - LNG Canada says that despite this week's protests, LNG Canada will continue to advance the project and maintain their current construction schedule. A blockade by members of the Wet'suwet'en First Nation near Houston was dismantled by the RCMP this week leading to protests across the country.   Following several hours of meetings, Chief Na'Moks told reporters Thursday that...
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