CDN and International News

December 6, 2017

EDMONTON — Alberta’s energy regulator wants to keep bad operators out of the oilpatch to reduce the ballooning number of bankrupt companies who have walked away from unprofitable wells. “We will be requiring more information at the time a person or a … Read More ➝

December 6, 2017

CALGARY — Alberta has set out its competition-based plan to reduce carbon emissions from the province’s big industries, but it’s raising concerns from some about jobs and costs. The regulations will give companies credits if their facilities produce l… Read More ➝

December 6, 2017

CALGARY — A moratorium on loans for energy pipeline projects has been lifted, Desjardins Group said Wednesday, as it vowed to consider environmental, social and governance practices of clients in all future lending decisions. The decision in July to t… Read More ➝

December 5, 2017

CALGARY — Alberta is setting aside close to $1.4 billion from climate levies to help industry reduce carbon emissions. The government said the funding, spread over seven years, will make it easier for industries to invest in new technologies, stay com… Read More ➝

December 4, 2017

CALGARY — Kinder Morgan Canada (TSX:KML) says it is still not in a position to start significant construction on the Trans Mountain expansion project and expects spending on the project for at least part of next year to focus mostly on permitting. In … Read More ➝

December 4, 2017

CALGARY — Suncor Energy (TSX:SU) says it has started the regulatory process on replacing aging boilers at its oilsands Base Plant with two cogeneration units to lower costs and carbon output. The company says the cogeneration units, which allows indus… Read More ➝

December 4, 2017

REGINA — The Saskatchewan government has introduced a climate-change strategy that inches toward a price on carbon emissions, but leaves large parts of its economy untouched. And it doesn’t include a carbon tax, which Environment Minister Dustin Dunca… Read More ➝

December 4, 2017

CALGARY — Kinder Morgan Canada and Burnaby, B.C., clashed in a National Energy Board’s hearing room Monday over the fate of local permitting for the controversial Trans Mountain expansion project. The company (TSX:KML) argued at the NEB’s Calgary head… Read More ➝

December 4, 2017

CALGARY — Husky Energy Inc. (TSX:HSE) is planning to increase its capital spending in 2018 to between $2.9 billion and $3.1 billion. That includes up to $1.1 billion on growth projects and up to $2 billion on sustaining and corporate spending.  The 20… Read More ➝

December 1, 2017

Saskatchewan and three U.S. states have signed a memorandum of understanding on carbon capture and storage. The three-year agreement, signed at the Western Governors’ Association meeting in Arizona, says Montana, Wyoming, North Dakota and Saskatchewan… Read More ➝