Tag Archives: Business & Economy
Alberta alters rules on oil production limits to spur more conventional drilling
EDMONTON - Alberta's energy minister says the government is adjusting its rules on oil production limits to give producers incentive to drill more conventional wells. Sonya Savage says, star...
Nov 08, 2019
Alberta tables climate plan for industry; retains key parts of old legislation
EDMONTON - Alberta has introduced a new climate plan for the province's big greenhouse gas emitters that it says will achieve similar emissions cuts as the former NDP government's plan and at less cos...
Oct 29, 2019 (THE CANADIAN PRESS/Darryl Dyck)
Experts say oil and gas shouldn’t be threatened by renewables
There is optimism among those in Alberta's renewable energy sector despite an unstable political landscape and this province's attachment to oil and gas.At the Renewable Energy Fair at Red Deer Colleg...
Oct 27, 2019
Liberals: TMX pipeline could fund $500 million a year in clean energy projects
OTTAWA - The Liberal government expects to get $500 million a year out of the expanded Trans Mountain pipeline and is promising to spend it all on cleaner sources of energy and projects that...
Oct 24, 2019
Oilsands carbon liability at centre of closely watched New York fraud lawsuit
Alberta's oilsands are at the centre of a closely watched court battle in New York today. The state's attorney general is accusing Exxon Mobil of misrepresenting the risks the operations face as gover...
Oct 23, 2019
Trans Mountain puts contractors on notice to get ready for pipeline restart
OTTAWA - Construction on the Trans Mountain pipeline expansion project is set to restart in the next month, just in time for the official kick-off of the federal election. Trans Mountain Corp., t...
Aug 21, 2019
Alberta to limit oil production to end of 2020 as pipeline delays persist
CALGARY - The Alberta government says some oil companies will have to limit their production until the end of 2020 as pipeline delays persist. Energy Minister Sonya Savage says the current l...
Aug 20, 2019
Global boom in natural gas is undermining climate change action: report
OTTAWA - The Global Energy Monitor says an international boom in liquefied natural gas exports is undermining global efforts to stop climate change and Canada is one of the industry's biggest pla...
Jul 02, 2019
Deadline for cabinet to decide future of Trans Mountain expansion is today
OTTAWA - The federal government is widely expected to green light the Trans Mountain expansion project a second time today but, even with a Yes vote, construction is likely weeks, if not months a...
Jun 18, 2019
Senate committee says oil tanker ban off B.C. targets Alberta, divides country
OTTAWA - A Senate committee says the Trudeau government's bill to ban oil tanker traffic off British Columbia's northern coast will divide the country, inflame separatist sentiment...
Jun 05, 2019