Most Canadian crude by rail gets shipped to the U.S. Gulf Coast The Western Canadian Sedimentary Basin (WCSB) has approximately 1.2 million barrels per day (MMb/d) of crude rail loading capacity. Crude oil shipped from the WCSB can access refineries [Read more]
New structure separates environmental assessments and energy infrastructure regulation Jim Carr, the Canadian minister of natural resources, was in Calgary Thursday to announce that the federal government is changing the way major resource projects, such [Read more]
PSAC estimates 3,807 wells to be drilled in Alberta, down from 3,998 wells in original forecast The Petroleum Services Association of Canada (PSAC) has revised its forecasted number of wells drilled (rig released) across Canada [Read more]
Alberta well has $770,000 in policy-induced costs, about same as oil well in Saskatchewan February 1, 2018 – Government policies are piling on to reduce the competitiveness of energy producers in Western Canada, according to a new [Read more]
Prime Minister Trudeau said during a radio interview on Thursday that the Trans Mountain pipeline will be built. Trans Mountain photo. BC gov’t proposed new restrictions against bitumen shipments via Trans Mountain pipeline In response [Read more]
“Action announced by B.C. government can only be seen for what it is: political game-playing” The British Columbia provincial government is proposing a second phase of regulations to “improve preparedness, response and recovery from potential [Read more]
Capital spending in the Canadian shale play and other non-oil sands projects is expected to hit $33 billion this year, outpacing oil sands capital spending. Encana photo. Canadian shale could lure new investment A growing [Read more]
The alternative route imposed on TransCanada for the Keystone XL pipeline will likely add between $80 million and $160 million to the $8 billion project. Madville Times photo by Bret Clanton. Keystone XL decision pending [Read more]
Majority of construction scheduled for summer of 2018 with completion targeted for fall The National Energy Board (NEB) has approved an application from Enbridge Pipelines (NW) to replace a 2.5 km segment of its Line 21 Pipeline, [Read more]
Canadian oil prices are suffering because there are few transportation options available to move Canada’s crude oil. CP Rail photo. Fall in Canadian oil prices means a daily loss of tens millions of dollars in [Read more]
Climate, resource extraction, large transportation sector contribute to high oil consumption Canada is the third largest consumer of oil per person among the world’s most economically advanced countries (the OECD), according to the National Energy Board. [Read more]
Ontario NOVA chemical plant NOVA Chemicals project will help create and maintain 2,200 jobs in Ontario and Alberta NOVA Chemicals announced a $2.2 billion investment in Canada with innovative and cleaner products that will help [Read more]
SeaRose production is 27,000 barrels of oil a day Husky Energy will begin taking steps to suspend operations of its SeaRose floating production, storage and offloading vessel (FPSO) and associated production facilities offshore Newfoundland and Labrador. This [Read more]
Fully recharging battery can take 4 to 8 hours with basic charging stations Canada has a small but growing fleet of electric vehicles (EVs). EV sales are accelerating, but still account for less than 1 per cent of [Read more]
Residents of Saskatchewan and New Brunswick could receive carbon tax rebate directly if provinces fail to comply The Federal Government has announced a regulatory framework for the carbon pricing system which is set to be [Read more]
RNC Minerals looking to build Dumont mine near Amos, QC Canadian mining company RNC Minerals is planning to build the world’s largest nickel and cobalt project next year. The company is currently lining up commodity [Read more]
NAFTA deadline could be extended beyond March After learning that US President Donald Trump is open to extending talks to modernize NAFTA, Canadian Foreign Minister Chrystia Freeland says Canada is prepared to spend as much [Read more]
Exports expanded last year, but entirely from energy sector. Canada continues to lose market share in many core non-commodity export markets By Craig Alexander, senior VP and chief economist, Conference Board of Canada Policy makers in [Read more]
2018’s Summit focuses includes incentivizing indigenous partnerships on renewable energy Global leaders in renewable energy finance and development are preparing to meet next month in Calgary to gain a clear understanding of evolving large-scale renewables [Read more]
Heavy-duty vehicles account for 37% of GHG emissions in transportation sector The Federal government announced a Natural Resources Canada (NRCan)’s flagship training program for commercial truck drivers which offers improved tools to prepare drivers for [Read more]
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