Tag Archives: Canada

Canada’s Oil Industry Doomed If Prices Fall Lower

Canada’s oil industry has faced a lot of strain lately. The list of oil majors selling off assets and withdrawing from high-cost oil sands is long. ConocoPhillips, Royal Dutch Shell, Marathon Oil, Murphy Oil and Statoil have sold upwards of $25 billion worth of oil sands assets this year. ExxonMobil also wrote down more than 3.5 billion barrels of oil reserves in Canada at the beginning of 2017. The companies viewed Alberta’s bitumen and heavy oil as no longer competitive in a $50 market, and many of them are focusing on other types of production, […]

TransCanada to Increase Capacity on Canadian Mainline System

TransCanada Corporation has announced that it will apply to the National Energy Board (NEB) to increase the capacity of the Canadian Mainline System through its Maple Compressor Station near Vaughan, Ontario. The approximately $160 million project is underpinned by 15-year contracts and will expand capacity to the southern Ontario market plus delivery to Atlantic Canada via the Trans Quebec & Maritimes Pipeline (TQM) and Portland Natural Gas Transmission (PNGTS) Systems. “This expansion will help ensure Ontario customers receive the natural gas they need over the long-term and meet growing market demand in Atlantic Canada,” said Karl Johannson, TransCanada’s executive vice president […]

Canadian LNG Project Cancelled

Pacific NorthWest LNG today announced that the LNG project in Port Edward, British Columbia will not proceed as previously planned. The decision was made by PETRONAS and its partners after a careful and total review of the project amid changes in market conditions. “We are disappointed that the extremely challenging environment brought about by the prolonged depressed prices and shifts in the energy industry have led us to this decision,” Anuar Taib, Chairman of the Pacific NorthWest LNG Board, said. “PETRONAS and its North Montney Joint Venture partners remain committed to developing their significant natural gas assets in […]

Pipeline Construction Project Dealt Legal Blow

Canada’s Federal Court of Appeal yesterday announced it has rejected a National Energy Board (NEB) decision regarding TransCanada’s Prince Rupert Gas Transmission Pipeline Project (PRGT), a 900-kilometer pipeline designed to transport gas from northeastern British Columbia to Petronas’ proposed Pacific NorthWest LNG export terminal near Prince Rupert. The court ruled that the NEB made a legal mistake when it dismissed Smithers, British Columbia resident Mike Sawyer’s request that the NEB hold a full hearing to determine if the PRGT project is actually in federal jurisdiction and needs to have NEB approval. Speaking for a unanimous panel of three judges, Justice Donald Rennie said […]

Canada’s Wildfires Threaten Kinder Morgan’s Pipeline

Wildfires ripping through Canada’s western province of British Columbia since the weekend have forced people to flee and companies in the mining and forestry sectors to scale back or suspend operations. Some of the worst fires, raging in the BC’s interior, have grown overnight, remaining “out of control”and are now threatening Kinder Morgan’s Trans Mountain pipeline. Trans Mountain pipeline, which carries 300,000 barrels a day of crude and refined oil from Alberta to a port in Vancouver for export to the U.S., goes through the region presently being devastated by the fires. The company told Bloomberg […]

Nexen Charged for July 2015 Long Lake Pipeline Spill

The Alberta Energy Regulator has issued charges against Nexen related to a pipeline spill in July 2015. The five charges under the Environmental Protection and Enhancement Act and the Public Lands Act come after Nexen reported a spill to the AER at the company’s Long Lake in situ oil sands facility approximately 36 km southeast of Fort McMurray. “AER staff responded immediately to the pipeline spill,” said Martin Foy, vice president of Environment and Operational Performance. “Since then we’ve been gathering and reviewing the evidence to determine the cause of this incident and whether the company […]

Pembina Pipeline Places $2.8 Billion of Integrated Assets in Service

Pembina Pipeline has placed about $2.8 billion of integrated capital projects into service, including its Phase III pipeline expansion and two connected major delivery points: the company’s third fractionator at Redwater (RFS III) and its Canadian Diluent Hub (CDH), the company said. The Phase III Expansion, which is underpinned by long-term contracts with take-or-pay commitments, was placed into service on June 30, on time and under budget. The Phase III Expansion program, which was initiated in 2013, included installing over 900 km of new pipeline primarily along the Company’s existing Peace and Northern system rights-of-way, […]

Discussion Paper Released on Review of Environmental and Regulatory Processes in Canada

The Government of Canada has released a discussion paper that outlines potential reforms being considered to rebuild trust and modernize Canada’s environmental and regulatory processes. This includes a review of the Canadian Environmental Assessment Act, 2012, the National Energy Board Act, the Fisheries Act, and the Navigation Protection Act. The proposed reforms are based on the guiding principles of early, inclusive and meaningful public engagement; nation-to-nation, Inuit-Crown, and government-to-government partnerships with Indigenous peoples; and timely decisions based on the best available science and traditional knowledge. The discussion paper outlines a potential path for good projects […]

CEPA Releases Third-Annual Transmission Pipeline Industry Performance Report

The Canadian Energy Pipeline Association (CEPA) has issues its third-annual Transmission Pipeline Industry Performance report, which indicates how the association’s members are performing in the areas of safety, the environment and socio-economic contributions. “We have a responsibility to be open, consistent and accountable to government, regulators, Indigenous groups and all stakeholders,” said Chris Bayle, CEPA Board Chair, President and CEO, Inter Pipeline. “CEPA members strive to operate to the highest safety standards, but know that there is always room to improve. Each CEPA member company is committed to collaborating and going beyond regulation to strengthen […]

TransCanada Plans NGTL Expansion

TransCanada Corporation today announced that it will proceed with a new $2 billion expansion program on its NOVA Gas Transmission Ltd. (NGTL) System, based on new contracted customer demand for approximately 3 billion cubic feet per day (Bcf/d) of incremental firm receipt and delivery services. “Between now and 2021, TransCanada is investing approximately $2 billion in new pipeline infrastructure to connect Western Canadian natural gas production to key markets within the basin and across North America,” said Karl Johannson, TransCanada’s executive vice-president and president, Canada and Mexico natural gas pipelines and energy. “This expansion adds to […]

North American Pipeline Capacity Crisis Looms Large

Canada’s problem with its oil pipeline capacity is becoming increasingly serious as opposition to new pipelines is growing in intensity. The situation will only worsen in the coming months as production continues to grow. Despite opposition, Canada’s PM Justin Trudeau last year approved Kinder Morgan’s Trans-Mountain expansion project, which will see the twin pipe transport almost 900,000 barrels of crude daily to Canada’s Pacific coast. U.S. President Donald Trump also approved a crucial new pipeline project that was shelved by his predecessor: the 830,000-bpd Keystone XL that has been the target of vocal environmentalist and […]

Report: Growth in Oil Sands Projects Drives Need for More Pipelines in Canada

Canada will need more pipelines built through to 2030 to transport an additional 1.3 million barrels per day of oil sands production to markets across North America and around the world, the Canadian Association of Petroleum Producers has announced in its “2017 Crude Oil Forecast, Markets and Transportation” report. Key findings from the report include: Overall Canadian oil production will grow to 5.1 million b/d in 2030, up from 3.85 million b/d in 2016. This 1.3-million-b/d growth will be driven by a 53-percent increase in forecasted oil sands production of up to 3.7 million b/d […]

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