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Keystone ‘roller coaster’ ride ahead, ambassador Doer says

Keystone ‘roller coaster’ ride ahead, ambassador Doer says

Keystone XL pipeline provision may be attached to infrastructure or budget bill Ad for Keystone XL pipeline. Canada’s ambassador to the U.S. predicts a wild ride ahead in the Keystone XL debate, with this week’s presidential veto of a pro-pipeline bill just one more twist in the journey. “We expect a roller-coaster here and we […]

By February 25, 2015 Read More →
Encana cuts capital spending plan by US$700M amid low crude prices

Encana cuts capital spending plan by US$700M amid low crude prices

Encana brings down capital budget to between $2B to $2.2 B Encana says budget revision shouldn’t come as a surprise as the company prepares for a ‘lower priced environment’. Encana photo. Encana Corp. (TSX:ECA) is slashing $700 million from its capital budget this year as it continues to adjust to an environment of low crude […]

By February 25, 2015 Read More →
Climate change: Salty lakes store carbon, not emit it, says new study

Climate change: Salty lakes store carbon, not emit it, says new study

Climate change exaggerates effect on salty lakes New research suggests salty lakes common across the Prairie landscape are having different climate change effects than those with softer water. The paper, published in the journal Nature, says lakes in northern latitudes with hard, alkaline water are now helping remove carbon from the atmosphere instead of releasing it. […]

The post Climate change: Salty lakes store carbon, not emit it, says new study appeared first on Beacon Energy News.

By February 25, 2015 Read More →
Colorado oil, gas panel says local gov’t has consulting role, not power to set rules

Colorado oil, gas panel says local gov’t has consulting role, not power to set rules

Colorado oil, gas panel accused of turning a deaf ear to fracking concerns A task force is recommending that local governments be given a consulting role on some decisions about the location of large Colorado oil and gas facilities, but the panel decided against suggesting that cities and counties be allowed to enforce their own […]

The post Colorado oil, gas panel says local gov’t has consulting role, not power to set rules appeared first on Beacon Energy News.

By February 25, 2015 Read More →
Keystone XL bill vetoed by President Obama

Keystone XL bill vetoed by President Obama

Keystone XL veto sends issue back to Congress U.S. President Barack Obama made good Tuesday on a threat to veto a bill to approve the Keystone XL pipeline, bringing the two sides in the long-running controversy to a rare point of agreement: their battle is far from over. ”The president’s veto of the Keystone jobs […]

The post Keystone XL bill vetoed by President Obama appeared first on Beacon Energy News.

By February 24, 2015 Read More →