Source: Dan Healing, The Canadian Press Staff, calgary.ctvnews.ca, February 18, 2021 Crescent Point said it has already identified more than 200 other potential drilling sites on the 130,000 net hectares of drilling rights it is buying. Royal Dutch Shell is further reducing its exposure to the Alberta oilpatch with a deal to sell producing light… Continue reading Shell to Reduce Alberta Presence With $900M Sale of Assets to Crescent Point
Category: Oil & Gas
$400M Funding Will Soon Be Available to Clean up Orphan Oil Wells in Alberta
Source: Staff The Canadian Press, globalnews.ca, February 13, 2021 Alberta Energy Minister Sonya Savage has said the money will help preserve the environment while creating jobs. Alberta and the federal government say another $400 million in funding is available to help clean up inactive oil and gas sites in the province. The money includes $100… Continue reading $400M Funding Will Soon Be Available to Clean up Orphan Oil Wells in Alberta
New Indigenous Participation Program Announced in the Oil and Gas Sector
The Government of Saskatchewan recently delivered on its commitment to ensure that Indigenous communities and businesses in the province are provided meaningful opportunities to participate in the Accelerated Site Closure Program (ASCP), which was a key component of federal funding. The ASCP was designed to help manage the abandonment and reclamation of inactive oil and… Continue reading New Indigenous Participation Program Announced in the Oil and Gas Sector
Controversial Fossil Fuel Motion Withdrawn by Regina City Council
Source: Jonathan Guignard, globalnews.ca, January 28, 2021 Executive committee members voted 7-4 in favour of the motion, which received a large amount of backlash. Regina city council has withdrawn the motion that would have restricted energy companies who produce or sell fossil fuel products from sponsoring or advertising with the City of Regina. The decision… Continue reading Controversial Fossil Fuel Motion Withdrawn by Regina City Council
Through Carbon Capture, Two Oil Companies Say They’ve Reached ‘Net-Negative’ Emissions
Source: Kyle Bakx, cbc.ca, January 26, 2020 Whitecap Resources and Enhance Energy use carbon capture technology to stash emissions far below the surface. Banks, grocery stores, pop makers — it seems like every day, another company is pledging to become a “net-zero” emitter of greenhouse gases — at some point years or decades in the… Continue reading Through Carbon Capture, Two Oil Companies Say They’ve Reached ‘Net-Negative’ Emissions
Trudeau Disappointed Over Keystone XL Cancellation in Phone Call With Biden
Source: David Lao, globalnews.ca, January 23, 2021 The call was the first opportunity for Trudeau to express the country’s consternation over Biden’s move to cancel the pipeline. Prime Minister Justin Trudeau, in his first chat with U.S. President Joe Biden since Wednesday’s inauguration, expressed disappointment over the cancellation of the Keystone XL pipeline. The two… Continue reading Trudeau Disappointed Over Keystone XL Cancellation in Phone Call With Biden
Experts Say Keystone XL Cancelation Will Stifle Canada’s Oil Industry for Years
Source: Dan Healing The Canadian Press, globalnews.ca, January 22, 2021 Alberta Premier Jason Kenney has said the province has about $1 billion at risk if the project is killed. Western Canada’s oil producers will likely cope better with Joe Biden’s cancelling of the Keystone XL presidential permit than they did with the same move by… Continue reading Experts Say Keystone XL Cancelation Will Stifle Canada’s Oil Industry for Years
Canada Urges Biden’s Team to Reconsider Keystone XL
Source: Rachel Gilmore, globalnews.ca, January 19, 2021 Premier Jason Kenney said Alberta has a strong legal basis for seeking damages if the Keystone XL pipeline expansion is killed. Canada’s Natural Resources Minister Seamus O’Regan says the government is continuing to “make the case” for the Keystone XL pipeline expansion despite reported plans from Joe Biden… Continue reading Canada Urges Biden’s Team to Reconsider Keystone XL
Biden Plans to Block Keystone XL Pipeline
Source: James McCarten The Canadian Press, globalnews.ca, January 18, 2020 Government officials quietly refused to rule out the possibility that there might still be time to change the Biden administration’s mind. One of Joe Biden‘s first actions once he becomes U.S. president Wednesday will be to slam the door yet again on Canada’s politically fraught… Continue reading Biden Plans to Block Keystone XL Pipeline
Alberta Inquiry on Oil Sector Under Scrutiny for Commissioned Reports Questioning Climate Change
Source: Phil Heidenreich, globalnews.ca, January 16, 2020 Forensic accountant Steve Allan is the commissioner of the $3.5-million inquiry. Reports commissioned by a provincial inquiry looking into how critics of Alberta’s oil sector are funded are by and large “textbook examples of climate change denialism,” says an associate professor at the University of Calgary’s faculty of… Continue reading Alberta Inquiry on Oil Sector Under Scrutiny for Commissioned Reports Questioning Climate Change