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Tuesday, July 23, 2019
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Manitoba Premier says he won’t abandon the province’s lawsuit against federal carbon tax

WINNIPEG, M.B. - Manitoba Premier Brian Pallister says he won't abandon his province's lawsuit against the federal government's carbon tax, despite the fact Saskatchewan and Ontario have lost similar cases in court. Manitoba filed its constitutional question on April 24 in Federal Court. The province's case echoes both Ontario and Saskatchewan in arguing that it's unconstitutional for Ottawa to impose the...

BC OGC approves Woodfibre LNG project

VANCOUVER, B.C. - The B.C. Oil & Gas Commission has given Pacific Oil & Gas Limited the go-ahead for the Woodfibre LNG project. The Woodfibre LNG Project is a small-scale LNG processing and export facility, located approximately seven kilometres southwest of Squamish, at the former Woodfibre pulp mill industrial site. Last week, Woodfibre LNG signed a binding LNG Sales and Purchase...

Most fuel suppliers won’t release profit margin details to B.C. gas price probe

VANCOUVER, B.C. - An impasse may be developing just days before hearings are set to begin at the British Columbia inquiry examining possible reasons for soaring gas prices in the province. The B.C. Utilities Commission has been ordered to review the last four years of gas and diesel pricing in the province and wants suppliers to complete a questionnaire about...

Indigenous group says Trans Mountain bid could be ready next week

CALGARY, A.B. - An Indigenous-led group says it will soon be ready to make a bid for majority ownership of the controversial Trans Mountain pipeline currently owned by the federal government. The group, called Project Reconciliation, says it will be prepared as early as next week to talk with Ottawa about its proposal for a 51 percent stake in the...

TC Energy sells U.S. midstream assets in Appalachian Basin for $1.7 billion

CALGARY, A.B. - TC Energy Corp. has signed a deal to sell U.S. midstream assets held by its subsidiary, Columbia Midstream Group, to UGI Energy Services LLC for $1.7 billion. Columbia Midstream Group owns four natural gas gathering systems and an interest in a company with gathering, processing and liquids assets in the Appalachian Basin. TC Energy Russ Girling says the...

Indigenous-led group readies bid for TMX

CALGARY, A.B. - An Indigenous-led group that wants to buy a majority stake in the Trans Mountain pipeline says a formal bid could be made as early as this month. When the federal government re-approved the pipeline's expansion last month, the prime minister said he was open to as high as 100 per cent Indigenous ownership. "There's real momentum towards Indigenous...

Corporate Calgary ready to trade pipeline, tax protests for Stampede partying

CALGARY, A.B. - After months of taking to the streets to demand pipeline project approvals and rallying last month to call for lower property tax increases, Calgary's business community is looking forward to heading outside for pancakes and parties as the Calgary Stampede kicks off this week. Windows and patios in the downtown have been sprouting cowboy-themed murals and rough-wood...

Pacific Oil & Gas Limited closes acquisition of Canbriam Energy Inc.

CALGARY, A.B. - Pacific Oil & Gas Limited has announced that it has completed the acquisition of all the issued and outstanding shares of Canbriam Energy Inc. President of PO&G, Ratnesh Bedi, says the intention of this acquisition is to continue to produce natural gas from the Montney region. "We welcome the Canbriam team to Pacific Oil and Gas Limited. Our intention...

Higher oil prices, more tax income: Alberta ends 2018 19 with smaller deficit

EDMONTON, A.B. - Newly released figures show the Alberta government ended the last fiscal year with a deficit more than $2 billion smaller than originally predicted in the budget. Higher oil prices and more than $800 million in additional tax revenue are being credited for shrinking the red number. The figures show resource revenue was up $1.6 billion from what was...

Government of BC gives response to hydraulic fracturing report

VICTORIA, B.C. - The Government of B.C. has issued a response to the independent scientific panel’s Scientific Review of Hydraulic Fracturing report. After releasing the report in March, the Government says they have established a cross-government working group to develop short-term and long-term action plans for implementing the panel’s 97 recommendations. The working group includes staff from the B.C. Oil and...

New natural gas plants will have to pay carbon tax on all emissions

The federal government is increasing the carbon tax on new natural-gas plants to discourage power companies from building them. The change is part of final regulations for the government’s carbon-tax system for big industrial greenhouse-gas emitters, which are being released this week. The system affects businesses that produce more than 50,000 tonnes of greenhouse gases a year. It is designed to limit...

City of Vancouver votes to demand fossil fuel companies pay their fair share

VANCOUVER, B.C. - Vancouver city council has voted in favour of a motion that demands global fossil fuel companies pay their share of costs arising from climate change. The motion, which passed 7-4, points to a B.C. government report that projects the City of Vancouver will have to spend $1 billion this century to mitigate rising sea levels. The motion says...

B.C. to argue for injunction on Alberta’s turn off the taps law in Calgary court

CALGARY, A.B. - British Columbia's request for an injunction against Alberta's so-called turn-off-the-taps law is to be heard in a Calgary courtroom today. The legislation allows Alberta to crimp energy shipments to B.C. if it stands in the way of a major pipeline expansion to the west coast. B.C. filed a statement of claim in Alberta Court of Queen's Bench last...

No pipeline fireworks as Western premiers emerge from annual meeting in Edmonton

EDMONTON, A.B. - There were smiles, handshakes and even a joke or two as Canada's western premiers emerged from their day-long meeting in Edmonton. There has been friction between the leaders of late over British Columbia's opposition to the Trans Mountain pipeline expansion that would carry Alberta oil to the West Coast. Both B.C. Premier John Horgan and Alberta Premier Jason...

Alberta raises oil quotas for August as rail exports grow, storage levels slip

CALGARY, A.B. - The Alberta government says it will ease its oil production curtailment program by 25,000 barrels per day in August. The province is citing growing crude-by-rail capacity, declining oil inventory levels and improved efficiencies in export pipelines for the move. Last week, the National Energy Board reported crude-by-rail exports in April reached 236,000 bpd, a 40 per cent increase...

Woodfibre LNG signs foundation customer

VANCOUVER, B.C. - Pacific Oil & Gas Limited has announced that its wholly-owned subsidiary, Woodfibre LNG Export, has signed a binding LNG Sales and Purchase Agreement with BP Gas Marketing Limited. This agreement is for the delivery of liquefied natural gas from the Woodfibre LNG export facility in Squamish. As part of the agreement, BP will receive 0.75 million tonnes per...

Pieridae Energy buying Shell Alberta natural gas assets to feed LNG plant

CALGARY, A.B. - A company planning to build an LNG export facility in Nova Scotia says it is buying southern Alberta natural gas assets from the Canadian arm of British-Dutch giant Royal Dutch Shell. Pieridae Energy Ltd. says it has agreed to pay $190 million, with $175 million in cash and the rest in common shares. CEO Alfred Sorensen says the...

Seismic lines from energy exploration an uncounted greenhouse gas source: study

CALGARY, A.B. - University researchers say seismic lines used in energy exploration increase emissions of methane, a highly potent greenhouse gas. In a paper released today, Greg McDermid of the University of Calgary says seismic lines release enough methane to increase estimates of emissions caused by land use by at least seven percent. McDermid says methane is released when machinery cutting...
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