New Pipelines No Silver Bullet for Battered Canada Oil Industry
Canada's oil sands producers are getting a long-awaited boost in export capacity, but the two pipeline projects approved this week will not be a silver bullet for the industry's woes unless crude prices pick up or companies improve their operating efficiency.
Canada Pipeline Opponents to take on Kinder Morgan, Ottawa
If Canada approves Kinder Morgan's Trans Mountain pipeline expansion, the company's four-year campaign for the project will be far from over. Next up is a battle against hardening opposition amongst some communities along its planned route. The C$6.8 billion…
Canada to Rule on Two Pipelines; Kinder Morgan Still Up In Air
Canada will this week decide the fate of two Enbridge Inc pipelines but is keeping quiet about its verdict on Kinder Morgan Inc's plans to more than double the capacity of its Trans Mountain line, a move environmentalists strongly oppose. The Liberal government…
Canada to Implement Northern B.C. Oil Tanker Ban
Canada's Liberal government will this year deliver on its pledge for a moratorium on oil tanker traffic along the northern coast of British Columbia, CBC News reported on Friday. Transport Minister Marc Garneau confirmed the plan in an interview with CBC Radio's "The House," the broadcaster said on its website.
Northern Gateway Pipeline Won't Appeal Court Decision
Oil company Enbridge Inc's Northern Gateway pipeline project will not appeal a recent Canadian Federal Court of Appeal decision that reversed its approval pending consultations with aboriginal groups, it said on Tuesday. "We believe that meaningful consultation and collaboration…
Canada's Aboriginals tell Trudeau they can Block Pipelines
Canadian aboriginal groups and their allies said on Friday they have the power to block proposed oil pipelines on land where they have proven title, dismissing comments by Prime Minister Justin Trudeau who said no community has a veto. Trudeau told Reuters…
Trudeau Says Thinking on Pipelines Has Not Changed
Canadian Prime Minister Justin Trudeau on Tuesday he would not speculate when asked if he would back Enbridge's Northern Gateway Pipeline if it had a different route, adding that his thinking on pipelines has not changed.
Canada to Ban Oil Tankers on Northern BC Coast
Canada will push ahead with a moratorium on oil tanker traffic along the northern coast of British Columbia, effectively slamming the door on a controversial pipeline project that was already facing massive development hurdles. In a letter released on Friday…
Alberta's Possible Pivot to Left Alarms Oil Sector
CALGARY, Alberta, May 4 (Reuters) - Canada's oil-rich province of Alberta is on the cusp of electing a left-wing government that can make life harder for the energy industry with its plans to raise taxes, end support for key pipeline projects and seek a bigger cut of oil revenues.
Quebec Aboriginals: TransCanada Pipeline Review Flawed
The Canadian government's review of TransCanada Corp's proposed Energy East pipeline is deeply flawed, Quebec aboriginal leaders said on Thursday, signaling they could line up with opponents of the C$12 billion ($9.43 billion) project. In a letter sent to Canada's…
Canada: Pacific Pipeline Route Now up to Energy Firms
Canada's pro-pipeline government has done all it can for two embattled projects and will leave it to the energy companies to advance pipelines to the Pacific in the face of resistance from Aboriginal and green groups, a senior minister said in comments released on Thursday.
Quebec to Impose Conditions on TransCanada Pipeline
TransCanada Corp's plans for a C$12 billion ($10.6 billion) pipeline to ship Alberta oil to Canada's East Coast face new obstacles with the province of Quebec imposing conditions before allowing the project to proceed through its territory, according to media reports on Thursday.
Enbridge Line 9 to Reenter Service in Early November
Enbridge Inc, Canada's largest pipeline company, said on Tuesday it expects Line 9, carrying about 300,000 barrels per day crude oil from Sarnia, Ontario, to Montreal, will be in service in early November. The company has reversed the flow of the pipeline in…
BC Shippers Welcomes Northern Gateway Approval
The Chamber of Shipping of British Columbia today welcomed the federal government's decision to approve the Northern Gateway Pipeline. Chamber President Captain Stephen Brown said the decision confirms the conclusion of the work undertaken by the Joint Review…
Middle East Crude: Steady as Traders Reassess Market
The Middle East crude market held steady on Wednesday as buyers and sellers stayed on the sidelines to reassess supply and demand. The conflict in Iraq has not caused the market to rally so far, with cash differentials falling instead, held down by lacklustre…
Northern Gateway Pipeline Approved by Canada
The Chamber of Shipping of British Columbia says it welcomes the federal government's decision to approve the Northern Gateway Pipeline. The 1,177-km (731 miles) pipeline project, is expected to transport 525,000 barrels of Alberta oil a day to Asia-bound tankers.
Alberta Bureaucrat Appointed To Head Canada's Energy Regulator
Peter Watson, a former senior bureaucrat in Alberta's provincial government, has been appointed as chair of Canada's national energy regulator, federal Energy Minister Greg Rickford said on Friday. He replaces Gaetan Caron, who stepped down earlier this month after a 35-year career with the National Energy Board.
Canada Seeks Improved Ties with Aboriginals on Resource Deals
Stung by criticism that aboriginal groups have not been consulted enough on projects like the Northern Gateway pipeline, the Canadian government announced two initiatives on Tuesday to improve coordination with natives. Natural Resources Minister Greg Rickford…
Canada Revamps Pipeline Safety Rules Ahead Of New Projects
Canada unveiled new rules on Wednesday to enhance pipeline safety and spill response, ahead of the development of new projects proposed to carry crude from Alberta's oil sands to coastal ports for export. The new legislation will give Canada's energy regulator…
Canada Seeks Tightened Marine Oil Spill Plan
Canada moved on Tuesday to strengthen its response plan for oil spills at sea ahead of the development of new pipelines that would sharply increase tanker traffic in Canadian waters if they are built. Among the new measures, the federal government said it would…
