BC carbon tax remains at $30 per tonne By Nia Williams Aug 19 (Reuters) – Canada’s British Columbia unveiled a new climate action plan on Friday that kept its carbon tax frozen at C$30 per tonne, a move environmental groups warned would undermine the province’s target of cutting 2050 emissions by 80 percent from 2007 […]
BC carbon tax frozen in new climate plan Read More »
Imperial Oil Sarnia refinery has no operational issues according to spokesperson CALGARY, Alberta, Aug 16 (Reuters) – Imperial Oil said on Tuesday its Sarnia, Ontario refinery is not the source of an oily sheen observed on the St. Clair River, adding that there are no operational issues at the facility. Imperial spokeswoman Lisa Schmidt said the
Imperial Oil Sarnia refinery is not source of oily river sheen: Company Read More »
Study finds capping emissions in oilsands will only reduce carbon emissions by 236 megatonnes between 2025 and 2040 at a cost of $250 billion CALGARY, AB – Capping carbon emissions in Alberta’s oilsands will leave hundreds of billions of dollars in the ground while doing very little to reduce greenhouse gases, according to a study released by
Opinion: Alberta’s oilsands emissions cap will cost billions, little effect on GHG Read More »
Gibson Energy takeover bid from foreign buyer Aug 11 (Reuters) – Oil transportation company Gibson Energy Inc said on Thursday it had rejected a takeover offer from a foreign buyer, calling it inadequate. Gibson shares were up about 8.7 percent at C$17.41 in Toronto. The Calgary-based company, which had a market value of C$2.27 billion as
Gibson Energy says it turned down takeover offer Read More »
Crescent Point Energy hedged 45 per cent of oil production for remainder of 2016 Aug 11 (Reuters) – Crescent Point Energy Corp reported a smaller quarterly loss as Canadian oil and gas producer cut costs. Oil and gas producers, faced with prolonged weakness in crude prices, have been slashing dividend, curbing capital spending and scaling back drilling
Crescent Point Energy posts smaller loss as costs fall Read More »
Woodfibre LNG project pipeline to be built by FortisBC Energy VANCOUVER, Aug 9 (Reuters) – British Columbia’s environmental regulator on Tuesday approved a natural gas pipeline that would feed gas to the proposed Woodfibre LNG project, but attached 30 conditions to the line’s construction. The 47 km (29 mile) pipeline, to be built by FortisBC Energy,
BC regulator approves Woodfibre LNG pipeline, with conditions Read More »
North Sea Rosebank project bought from OMV CALGARY, Alberta, Aug 9 (Reuters) -Austrian energy group OMV has agreed to sell most of its 50 percent stake in the British Rosebank field to Canada’s Suncor Energy for as much as $215 million, OMV said on Tuesday. OMV said it would also book a pretax impairment charge
Suncor to acquire 30 per cent stake in North Sea Rosebank project Read More »
Abandoned oil well could be converted to geothermal energy to heat greenhouse By Nia Williams CALGARY, Alberta, Aug 9 (Reuters) – Disused oil and gas wells dotting Canada’s energy heartland may bear fruit for Alberta’s farmers under a proposal to use waste heat from the idle facilities to allow crops to grow, even in the
Crude oil to carrots: Geothermal makeover eyed for Alberta’s old wells Read More »
Williams Cos, Williams Partners to sell Canadian operations Aug 8 (Reuters) – Pipeline company Williams Cos Inc and its master limited partnership agreed on Monday to sell their Canadian natural gas liquids midstream businesses to Inter Pipeline Ltd for total cash proceeds of C$1.35 billion ($1.03 billion). This is the first major deal by Williams
Williams Cos, Williams Partners to sell Canadian operations Read More »
Pacific NorthWest LNG awaiting CEAA report KUALA LUMPUR, Aug 9 (Reuters) – Malaysia’s state-owned oil and gas firm Petronas said it would conduct a total review of its proposed Pacific NorthWest LNG project in British Columbia before committing to a final investment decision (FID). “Upon the finalisation of the report, we need to conduct a
Petronas says to conduct review on Pacific NorthWest LNG project Read More »
