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Thursday, May 23, 2019
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Alberta premier says provincial carbon tax will die May 30

EDMONTON, A.B. - Alberta's premier says the province's carbon tax will no longer exist as of May 30. Jason Kenney says a bill to eliminate the Alberta levy is to be introduced next week when the legislature begins sitting. He says the United Conservative government wants to review court decisions in Saskatchewan and Ontario before it decides if it will challenge...

NDP unveils parts of climate plan in motion as the Green Party edges closer

OTTAWA, O.N. - NDP leader Jagmeet Singh says his party will cut Canada's emissions almost in half over the next decade as he tries to stake out a claim to the climate change agenda in the looming federal election. The pledge is one contained in an NDP motion expected today in the House of Commons that will lay out eight...

Vancouver expected to headline long Canadian summer of high gasoline prices

CALGARY, A.B. - Gasoline prices are expected to remain just below record highs all across Canada this summer except in Vancouver, where a perfect storm of factors will likely ensure motorists continue to set new all-time records at the pumps. Fuel market analysts say average retail prices in Canada are within a penny or two of their year-ago levels, which...

Enbridge aiming to boost Mainline throughput as Q1 results top expectations

CALGARY, A.B. - Enbridge Inc. is working with shippers to optimize its Mainline pipeline system in a bid to boost throughput by 50,000 to 100,000 barrels per day. Chief executive Al Monaco said Friday that although its Liquids Mainline System, the largest export option for western Canadian producers, was full and hit a record this quarter, storage levels in Alberta...

B.C. Liberals seek intervener status in probe of high price of gasoline

VICTORIA, B.C. - Opposition Liberal Leader Andrew Wilkinson says he wants to be part of a probe of high gasoline prices by British Columbia's independent energy regulator. Wilkinson says he's applied to participate as an intervener in any examination to identify factors impacting gasoline prices in the province. Premier John Horgan asked the B.C. Utilities Commission to investigate why gasoline in...

Trudeau says Alberta carbon tax fight won’t affect Trans Mountain line decision

EDMONTON, A.B. - Prime Minister Justin Trudeau says Alberta's opposition to a carbon tax won't influence his cabinet's decision on whether to approve the Trans Mountain pipeline expansion. But Trudeau says climate change cannot be ignored and that one of the easiest ways to fight it is with a carbon tax. He says the federal carbon tax remains affordable to Canadians,...

Ships must keep 400 metre distance as part of new rules to protect killer whales

VANCOUVER, B.C. - The Department of Fisheries and Oceans has announced sweeping new rules to protect endangered southern resident killer whales off the coast of British Columbia. Starting June 1, the minimum distance ships must keep from all killer whales will double to 400 metres, although commercial whale-watchers can apply for authorization to view whales other than southern residents from...

Pipeline operator Enbridge reports $1.89B Q1 profit, beats expectations

CALGARY, A.B. - Enbridge Inc. topped expectations as it reported a first-quarter profit of $1.89 billion. The pipeline company says the profit amounted to 94 cents per share for the quarter ended March 31. The result was up from $445 million or 26 cents per share a year ago when the company was hit by a number of one-time charges. On an...

First Nation tells court it should have been consulted after artifacts found

HOUSTON, B.C. - Members of a northern British Columbia First Nation are arguing in court that they should have been consulted on an archaeological mitigation plan prepared by a natural gas company on their traditional territory. The Unist'ot'en house group of the Wet'suwet'en First Nation and hereditary chief Knedebeas filed an application for judicial review in B.C. Supreme Court on...

Controversial environment review bill faces major changes in Senate as clock ticks

OTTAWA, O.N. - Canadian senators are trying to make more than 100 amendments to the government's environmental-assessment bill that overhauls how major energy and transportation projects are reviewed. The Liberals want Bill C-69 to fulfil a 2015 election promise to update a review process they say has meant more work for lawyers than for energy workers. Provincial premiers, energy-industry leaders and...

Athabasca Oil reports $206.8M Q1 profit compared with $93.3M loss a year ago

CALGARY, A.B. - Athabasca Oil Corp. reported a profit of $206.8 million in its latest quarter, boosted by the sale of its Leismer pipelines and Cheecham storage terminal in northern Alberta. The company says the profit amounted to 39 cents per diluted share for the quarter ended March 31 compared with a loss of $93.3 million or 18 cents per...

Canadian Natural reports $961M Q1 profit up from $583M a year ago

CALGARY, A.B. - Canadian Natural Resources Ltd. reported a first-quarter profit of $961 million, up from $583 million in the same quarter last year, as it benefited from higher prices due in part to Alberta's mandatory production curtailments. The oilsands producer says the profit amounted to 80 cents per diluted share for the quarter ended March 31, compared with a...

Enbridge CEO says changes to Bill C 69 are ‘critical’ for Canadian energy sector

CALGARY, A.B. - The CEO of Enbridge Inc. says it's ``critical'' to Canada's energy future that substantive changes are made to proposed federal legislation to revamp how big resource projects win federal approval. Speaking after his company's annual shareholders' meeting in Calgary, Al Monaco says there are three or four major problem areas in Bill C-69 that must be addressed. His...

Pro pipeline protesters chant outside natural resources minister announcement

CALGARY, A.B. - Hundreds of pro-pipeline protesters rallied outside a Calgary office tower during a clean energy announcement by federal Natural Resources Minister Amarjeet Sohi. The protest by the group Canada Action attracted about 300 people who chanted ``build that pipe'' and carried signs that called on the federal government to kill Bill C-69. The legislation would repeal the Canadian Environmental...

Construction accident in Alberta’s energy sector kills two workers

FOX CREEK, A.B. - A construction accident in northern Alberta has killed two workers. Source Energy Services says in a statement that the contractors died on Tuesday during work on additional storage capacity for what's known as fracking sand at the company's terminal near Fox Creek, about 260 kilometres northwest of Edmonton. The sand is used by companies in Alberta's energy...

Secret sauce: Calgary researchers turn greenhouse gases into carbon fibre

CALGARY, A.B. - A researcher at the University of Calgary says she has developed a method of turning greenhouse gases into valuable carbon nanofibres. Mina Zarabian came up with the concept while completing her doctorate in chemical and petroleum engineering at the university's Schulich School of Engineering. Zarabian and her professor, Pedro Pereira Almao, worked together to come up with the...

US raises forecast for summer gasoline prices

WASHINGTON, D.C. - Gasoline for that summer road trip will cost a bit more than experts in the federal government were expecting just a month ago. The government is also predicting higher prices for crude oil despite an increase in U.S. production. That's because global demand is rising faster than previously expected. The Energy Information Administration on Tuesday estimated that the...

Saskatchewan carbon capture facility likely to fall short of annual target: CEO

REGINA, S.K. - The CEO of SaskPower says he doesn't think the province's carbon capture and storage facility will be able to meet its yearly target for trapping carbon dioxide. Mike Marsh says the Crown corporation's coal-fired Boundary Dam power plant in southeastern Saskatchewan has an annual goal of capturing 800,000 tonnes of carbon dioxide. ``Just based on how the year...
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