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Fort St. John
Sunday, December 9, 2018
Tel: 250-787-7100
Email: contact@energeticcity.ca
9924 101 ave Fort St. John, B.C.
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Coalition aims to put First Nations in the driver’s seat on major projects

VANCOUVER, B.C. - Tired of waiting for major construction projects to come to them, a growing coalition of First Nations is instead taking the lead on ventures to better control their economic futures. ``We really are in a place looking to diversify our economies,'' said Jasmine Thomas, a councillor of the Saik'uz First Nation in central British Columbia. ``Really moving away...

Little results from first ministers meeting, but at least nobody stormed out

MONTREAL _ Prime Minister Justin Trudeau managed to keep the peace at what began as a tension-filled first ministers meeting Friday but had few concrete achievements to show for the day-long gathering. The one sour note was sounded by Ontario's Progressive Conservative premier, Doug Ford, who accused Trudeau of moving the goalposts on Canada's climate-change plans, requiring Ontario to cut...

Junior oil firms cutting dividends, output as prices remain ’embarrassingly low’

CALGARY, A.B. - A pair of junior Calgary oil companies are cutting payouts to shareholders and reducing production because of current steep discounts on western Canadian oil prices. Both Cardinal Energy Ltd. and Granite Oil Corp. say they can't afford to wait and see if production cuts imposed by the Alberta government starting Jan. 1 will work to drain a glut...

B.C. climate change plan aims to build economy around renewable energy

VANCOUVER, B.C. - The British Columbia government has introduced a strategy to shift away from fossil fuels and build the provincial economy around reducing greenhouse gas emissions but also leaves portions of the plan to be determined. Premier John Horgan said Wednesday the plan called CleanBC will rely on cutting emissions from buildings, industries, vehicles and organic waste while boosting the...

Premiers head to Montreal for tough meeting with Trudeau

EDMONTON, A.B. - Alberta Premier Rachel Notley says she'll have allies in the room to help push talks on the oil-price crisis at the upcoming first ministers meeting. ``There is really no province in the country that doesn't owe Alberta to some degree for their schools, their hospitals, their roads. The fact of the matter is Alberta has to do...

B.C. climate change plan aims to build economy around renewable energy

VANCOUVER, B.C. - The British Columbia government has introduced a strategy to shift away from fossil fuels and build the provincial economy around reducing greenhouse gas emission, but also leaves portions of the plan to be determined. Premier John Horgan said Wednesday the plan called CleanBC will rely on cutting emissions from buildings, industries, vehicles and organic waste, while boosting...

OPEC looks to cut oil production to support falling price

VIENNA, AUSTRIA - OPEC countries were gathered Thursday to find a way to support the falling price of oil, with analysts predicting the cartel and some key allies, like Russia, would agree to cut production by at least 1 million barrels per day. Crude prices have been falling since October because major producers, including the U.S., are pumping oil at...

Canada will feel oilpatch pain, but likely won’t be as bad as 2015: Poloz

OTTAWA - The negative impacts of low oil prices that have struck Western Canada will reverberate across the entire national economy, the head of the Bank of Canada said Thursday. But governor Stephen Poloz estimates the latest drop in crude prices will likely have less bite across the country than the 2015 oil-price crisis, which contributed at the time to a...

New Brunswick premier still hopes to convince Quebec of Energy East benefits

FREDERICTON, N.B. - The premier of New Brunswick says he believes he can convince Quebec's skeptical premier of the benefits of reviving the Energy East pipeline project. Higgs, along with a number of premiers and federal politicians, are pressing for a restart of the $16 billion Energy East pipeline project to get oil from Alberta to refineries in Eastern Canada and...

Oilsands firm Canadian Natural cuts $1 billion from budget due to low oil price

CALGARY, A.B. - Oilsands producer Canadian Natural Resources is setting its 2019 capital budget at $1-billion less than its "normalized" range but says it will ramp up spending if heavily discounted oil prices in Western Canada rebound. The Calgary-based company says it is targeting a 2019 base capital program of $3.7 billion, about 20 percent below its preferred range of $4.7...

B.C. to introduce clean climate plan as carbon emitting LNG industry grows

VANCOUVER, B.C. - British Columbia is poised to announce its plan to fight climate change while it accommodates the carbon polluting liquefied natural gas industry. Premier John Horgan and Green Leader Andrew Weaver are expected to introduce the government's long-term strategy to reduce greenhouse gas emissions through a wide-ranging provincial transition to a low carbon economy. Environment Minister George Heyman, Energy...

Canada’s ambassador to U.S. tries to head off concerns about oil output cut

WASHINGTON, D.C. - Canada's ambassador to the United States says he has done some pre-emptive diplomacy with the Trump administration on Alberta's plans to force output cuts on its oil industry. David MacNaughton says no one in the U.S. government has raised Alberta Premier Rachel Notley's move with him. Still, MacNaughton says he has reached out to his counterpart Kelly Craft to...

B.C. chief says one major oil spill could ruin her nation’s economy forever

OTTAWA - Leaders from several north-coast B.C. First Nations say if the Senate doesn't approve a bill barring super-sized oil tankers from the region their fragile but thriving marine-based economies will die. The legislation would put into law an existing moratorium on tankers carrying more than 12,500 tonnes of crude oil in the waters between the northern tip of Vancouver Island...

Enbridge sells distribution business in N.B. to Algonquin Power and Utilities

CALGARY, A.B. - Enbridge Inc. has signed a deal to sell its natural gas distribution business in New Brunswick to Algonquin Power and Utilities Corp. for $331 million in cash. Enbridge Gas New Brunswick operates and maintains more than 1,200 km of natural gas distribution pipeline in 12 communities in New Brunswick with 12,000 customers. The company says employees, customers, partners...

Federal government failed to get oil moving, prompted oil cut says Andrew Scheer

WINNIPEG, M.B. - Federal Conservative Leader Andrew Scheer says Alberta's decision to order a cut in oil production is a direct result of Prime Minister Justin Trudeau's failure to get Canadian energy to market. Scheer says there were three pipeline projects in the works when Trudeau became prime minister, and none have come to fruition. He says a Conservative government would ensure...

Shares in Cenovus, Canadian Natural soar on Alberta crude production cuts

CALGARY, A.B. -  Shares in oilsands companies most likely to benefit from Alberta's move to curtail crude production starting Jan. 1 are soaring in the wake of Sunday's announcement by Premier Rachel Notley. In early trading Monday morning, Cenovus Energy Inc. rose as much as 13 per cent over its Friday close to $11.11, while Canadian Natural Resources Ltd. rose...

B.C. First Nation to present oral evidence about Trans Mountain expansion impact

NANAIMO, B.C. - The Tsleil-Waututh Nation will be presenting Indigenous oral traditional evidence to the National Energy Board at a hearing in Nanaimo, B.C. A news release says the board is hearing new evidence about the environmental effects of Trans Mountain pipeline expansion including adverse effects of shipping to species at risk such as southern resident killer whales. The traditional oral...

Suncor assessing impact of Alberta’s move to cut oil production next year

CALGARY, A.B. - Suncor Energy Inc. says it's assessing the impact of the Alberta government's move to curtail oil production next year. The company says the specific impact of the production cut will be provided when it issues its 2019 capital and production guidance. The Alberta government announced a plan Sunday to impose across-the-board oil production cuts to reduce a glut...
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