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Ottawa ‘streamlines’ eco reviews
Environmental assessment rules overhaul praised by industry, criticized by environmental groups.
Obama puts Keystone pipeline on fast track
TransCanada hopes Oklahoma-to-Texas stretch will be completed next year.
ExxonMobil to spend US$185 billion on new energy supplies
New sources needed to meet unprecedented global demand
Keep oil sands research scientific, not political
Feds to follow advice of expert panel
Oil and Gas
Boralex seeks Hydro-Quebec deal for Kingsey Falls facility
Needs power providers for winter months when wind energy is unreliable.
TransCanada wins support for oil terminal at Keystone start-point
Company to build $275-million oil terminal at Hardisty, Alta.
Crescent Point buying Cutpick Energy for $425M
Crescent Point Energy plans to acquire privately held Cutpick Energy in a deal valued at $425 million, including the assumption of $83 million net debt.
Canadians support oil and gas production: Chamber of Commerce
Most Canadians believe it is possible to respect the environment while increasing oil and gas production, according to a Canadian Chamber of Commerce survey.
Imperial weighing West Coast LNG plans
Imperial Oil Ltd. is looking at jumping on the West Coast LNG bandwagon so that the gas it produces in northeastern BC can fetch a higher price in Asia than it would in North America.
Newfoundland pushes hydro projects
Lower Churchill project promises major jobs and energy export opportunities.
Federal omnibus bill repeals Kyoto Protocol
Changes have been mixed in with others modifications to tax policy and other fiscal matters.
Xebec sells biogas separator to China
Landfill gas will be compressed and used as renewable transport fuel.
$311-million asset sale for Baytex
The sale represents 40 per cent of the Calgary-based company's U.S. production.
‘Fracking’ causes earthquakes: report
Studies confirm that hydraulic fracturing, or fracking, can trigger manmade earthquakes
Euro power deal creates $36-billion company
GDF Suez took over most of International Power last year, combining the French utility's assets in North America, Latin America and the Middle East with International Power.
Pumping oil around the world won’t suffice: Carney
Bank of Canada governor says placing all of Canada’s eggs in one, oily, basket, won’t be enough to better its sluggish export performance.
Alberta’s NDP will raise oilsands taxes
Party leader Brian Mason says oil companies can afford to pay taxes in Canada’s lowest tax jurisdiction.
Oil sands needs to double its workforce
Report suggests workforce in oil sands will grow by 73% by 2012.
Alberta court approves oil sands lawsuits
Aboriginal groups seek justice over energy development on traditional land
BP selling off another $400-million in assets
BP has agreed asset sales of about $23 billion in its drive to raise $38 billion
Canadian lobby group visits E.U. to support oilsands proposal
Attempts to counteract Canadian government and oil industry lobbying of E.U. leaders.