Environmental Reporting Reinstated in Alberta
Steph Q.
29.06.20 10:39 AM - Comment(s)

Part 1 of the Standard for Completing Greenhouse Gas Compliance and Forecasting Reports is adopted by the Carbon Competitiveness Incentive Regulation (the “Regulation”), under the authority of section 61 of the Climate Change and Emissions Management Act (the “Act”).
Part 1 of the Standard is enforce...

Manoj
23.04.20 03:15 PM - Comment(s)

The Canadian Association of Petroleum Producers (CAPP) made a number of recommendations on Wednesday, ahead of this year’s provincial election, aimed at doubling investment in the provincial energy sector.

Greater market access, lower corporate and municipal taxes, a straightforward regulatory proces...

Manoj
23.04.20 02:34 PM - Comment(s)

An energy company operating in B.C.’s northeast and now in receivership has left 300 to 500 wells facing possible designation as orphan – or abandoned – at a potential cost of $40 million to $90 million to the B.C. Oil and Gas Commission (BCOGC). 

Manoj
23.04.20 02:23 PM - Comment(s)

The head of Canadian Pacific Railway Ltd. has voiced his displeasure at the idea of Alberta's $3.7-billion deal with Canada’s two biggest rail companies to ship more crude via rail amid a pipeline crunch squeezing oilsands producers.

The CEO was referring to Premier Rachel Notley’s decision to work ...

Manoj
23.04.20 02:08 PM - Comment(s)

CALGARY – The National Energy Board says crude-by-rail exports from Canada reached a record high in December.

Canada exported nearly 354,000 barrels per day of oil, up seven per cent from November’s total of 330,400 bpd and the 152,000 bpd moved in December 2017.

Manoj
23.04.20 01:28 PM - Comment(s)

The Alberta government says it’s investing $3.7 billion to move the province’s land-locked oil to market by rail.

It says 4,400 leased railway cars will move up to 120,000 bbls/d by 2020.

Shipments are expected to begin as early as July.

Manoj
23.04.20 01:07 PM - Comment(s)

A historic rail deal between Canadian Pacific Railway, Canadian National Railway and the Government of Alberta means all Albertans will get a better price for our energy resources. 

This strategic investment by the Alberta government will see an estimated 4,400 rail cars move up to 120,000 barre...

Manoj
23.04.20 12:41 PM - Comment(s)

As storage levels draw down and the value of Alberta’s oil increases, the province is increasing the limit on oil production.​

Premier Rachel Notley’s decision to protect the value of Alberta’s oil has been instrumental in helping reduce the amount of oil in storage, which had been nearly twice the n...

Manoj
22.04.20 03:16 PM - Comment(s)