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Fort St. John
Tuesday, October 15, 2019
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Emission-cutting policies expected to close refineries, new report says

CALGARY — The Carbon Tracker Initiative says about 100 of the world's refineries may be forced to shut down in the next 18 years due to shrinking fuel demand as carbon emissions reduction policies are implemented. But the London-based environmental group says Canadian refineries are among the most likely to remain open as they pay less for the oilsands crude they use, which means...

Alberta election promised titanic clash, delivered name calling, bozo eruptions

EDMONTON, A.B. - Alberta's election campaign promised a titanic clash of ideas and ideologies between two nationally known leaders, but delivered a burlesque of biting attacks and bozo eruptions, and a surprise guest appearance by the RCMP. Rachel Notley will make history Tuesday as either the first Alberta NDP premier to win re-election or the first-ever leader of an Alberta...

BC Government welcomes Federal Government approval; Petronas to decide ultimate fate

FORT ST. JOHN, B.C. - Catherine McKenna, the Minister of Climate Change announced in Vancouver this afternoon that the Pacific NorthWest LNG project has been given approval from the Liberal Government. McKenna said that 190 conditions are being placed on the project, however those exact conditions have not been announced. McKenna made the announcement alongside Natural Resources Minister Jim Carr and...

NEB inspectors issue Enbridge with three orders for pipeline near Chetwynd

CHETWYND, B.C. — Inspectors with the National Energy Board have issued Enbridge with three Inspection Officer Orders for failing to adhere to worker safety, pipe handling and environmental protection requirements during construction of the High Pine Expansion Project near Chetwynd. The High Pine Expansion project was approved for construction in August of 2016. The pipeline moves 240 million cubic feet...

TC Energy selling stake in Northern Courier pipeline to AIMCo for $1.15 billion

CALGARY, A.B. - TC Energy Corp. has signed a deal to sell an 85 percent stake in its Northern Courier Pipeline to Alberta Investment Management Corp. for roughly $1.15 billion. The company formerly known as TransCanada says the 90-kilometre pipeline transports bitumen and diluent between the Fort Hills mine site in northern Alberta and Suncor Energy's terminal north of Fort...

Impressive Turnout at FSJ for LNG Rally

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FORT ST JOHN, B.C. - Horns blared and a convoy of trucks filled the highway this past Saturday to show support for the liquified natural gas export industry in British Columbia. Hosted by the group FSJ for LNG, a two-part rally took place in the Energetic City. First, the event was kicked off by a 110 vehicle convoy in co-operation...

Premier Clark’s address to members of the UBCM

“They changed the future of our province forever in those pivotal days in 1858,” Premier Clark illustrated. “They probably never for a moment grasped the impact of what they were doing.” Premier Clark’s story, made during the conclusion of the UBCM convention, is about a pre-Confederation American militia group who came to the Frasier Valley in search of gold, were...

Steelhead LNG hires new vice president

VANCOUVER, B.C. — Steelhead LNG announced today that it has hired Corey Goulet as its Vice President of Pipeline, effective July 3rd. Steelhead LNG said that Goulet brings 33 years of experience in the energy infrastructure industry to the company, having previously worked on natural gas, hydro and transmission power facilities; gas, oil and refined products pipelines; and oil and...

Suncor phasing in 150 autonomous haul trucks, job cuts expected by 2019

CALGARY — Suncor Energy Inc. says over the next six years it expects to deploy more than 150 electric autonomous haul trucks at its company operated-mines — a move expected to decrease its equipment operator positions as early as 2019. The Calgary-based oil and gas firm says it will continue to work with the union on strategies to minimize workforce impacts, with...

LNG proponents negotiating new agreement with province

The article cites Pacific NorthWest LNG, Woodfibre LNG and Douglas Channel LNG as being on top, while Kitimat LNG and Canada LNG have yet to make the negotiation list. The agreements, according to the Sun, are meant to provide certainty around items like tax rates, gas royalties, and greenhouse gas emissions – something more common in countries with unstable politics. The...

Cumulative Resource Development Plan for NEBC stressed by coalition

The coalition says their single mandate and purpose is to represent municipal interests in resource development issues. Coalition Co-Chair, Mayor Dale Bumstead of Dawson Creek told the Select Standing Committee that over the past 10 years there has been a massive level of natural gas development in Northeast B.C. He went on to say that the advent of four world class...

Former CIBC economist questions need for new oil pipelines in Canada

TORONTO, O.N. — A new report by the Centre for International Governance Innovation is questioning the need for new pipelines to carry oilsands production to tidewater for export. Jeff Rubin, a senior fellow at the centre and a former chief economist at CIBC, says in the report that the claim that additional pipeline capacity to tidewater will unlock higher prices...

Montney shale gas investments remain active

It cites Painted Pony Petroleum Limited and ARC Resources Limited among them, claiming they have had strong results in their acreage in the B.C. region despite the current oil and gas industry doldrums. It also quotes their executives as saying they’re generating returns even with gas selling this winter below a bargain-basement $3.00 per 1000 cubic feet. The story goes on to say,...

Imperial Oil reports fourth quarter loss, revenue down from year ago

CALGARY, A.B. - Imperial Oil Ltd. reported a loss in its latest quarter as it was hit by non-cash charges related to its Horn River development and the Mackenzie gas project. The company said Friday it lost $137 million or 16 cents per share in its fourth quarter. The results included a $289-million charge related to Horn River and a $277-million...

Christy Clark meets with Fort Nelson First Nation to discuss LNG plans

Clark has asked senior officials to work with the Fort Nelson First Nation in a manner that make sure a safe and stable LNG industry benefits all in the province.  In a release Premier Clark says, "Chief Gale and the Council reached out to me with their concerns, and we came here to listen closely. We share the same goals -...

Ottawa makes decision on Woodfibre LNG proposal

OTTAWA, O.N. -- The proposed Woodfibre LNG Project located near Squamish is not likely to cause significant adverse environmental effects, says the federal Minister of Environment and Climate Change Catherine McKenna. In her decision statement, the Minister established legally binding conditions, which include mitigation measures and follow-up requirements with which the proponent must comply throughout the life of the project. "The Woodfibre LNG...

Trican Well Service cuts 160 jobs during sharp slowdown in Q4 oilpatch activity

CALGARY, A.B. - A 40 per cent decline in revenue in the fourth quarter due to a steep downturn in drilling activity in Western Canada resulted in 160 lost jobs at Calgary-based Trican Well Service Ltd. The well completion company posted $5.1 million in severance costs in its fourth-quarter results as its revenue dropped to just $168 million from $280...

Government of Canada buys Kinder Morgan Pipeline

OTTAWA, O.N -  The federal Liberal government plans to spend $4.5 billion to buy the Trans Mountain pipeline and all of Kinder Morgan Canada's core assets. Finance Minister Bill Morneau says that in return, Kinder Morgan will go ahead with its original plan to twin the pipeline this summer while the sale is finalized, which likely won't happen until August. Once...

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