Category Archives: Oil&Gas

Alberta finance minister defends $1.3B loss on Keystone XL as ‘calculated decision’

EDMONTON — Alberta’s finance minister says the province's $1.3-billion investment of taxpayers’ money in the now-defunct Keystone XL oil pipeline project was a prudent gamble given the potential payoff in profits and jobs. “We did commit to delivering ...

Keystone XL pipeline project cancelled by TC Energy after over a decade of delays

CALGARY — Another Canadian oil pipeline has bitten the dust after TC Energy Corp. said it was walking away from the Keystone XL pipeline project, ending a decade-plus battle that pitted the energy industry against environmentalists as oilsands producer...

A timeline of the controversial Keystone XL pipeline project

July 2008: TC Energy Corp. — then called TransCanada Corp. — and ConocoPhillips, joint owners of the Keystone Pipeline, propose a major extension to the network. The expansion, dubbed Keystone XL, would carry hundreds of thousands of barrels of oilsand...

Does Canada need another pipeline, feds ask days after Biden cancels Keystone XL

OTTAWA — Federal officials were asking themselves how many pipelines does Canada really need in the days after U.S. President Joe Biden cancelled Keystone XL. The query was posed in a briefing note from Natural Resources Canada and released to The

Energy regulator orders Trans Mountain to stop tree clearing work on project

KAMLOOPS, B.C. — An order stopping tree cutting and grass mowing across the entire Trans Mountain pipeline expansion project was issued Thursday by the Canada Energy Regulator, the agency that enforces safety and environmental guidelines for pipeline p...

Michigan responds on Line 5: ‘This case is a state-law action through and through’

WASHINGTON — The dispute over the cross-border Line 5 pipeline is entirely for Michigan to deal with, the state's attorney general argues in a legal brief released Wednesday that flatly rejects Canada's depiction of a foreign-policy matter that Ottawa ...

Clarification to May 21 story on ‘anti-Alberta’ inquiry researcher

EDMONTON — The Canadian Press has clarified a May 21 story on “anti-Alberta” inquiry researcher Vivian Krause. An early version of the story did not include proper sourcing in headlines and the lead paragraph. The story said Krause had backed off

Trans Mountain pipeline begins construction of tunnel in Burnaby, B.C.

BURNABY, B.C. — Construction has begun on the 2.6-kilometre tunnel in Burnaby, B.C., for the Trans Mountain pipeline expansion project.  The company says in a news release the work on the tunnel connecting the Westridge Marine and Burnaby terminals beg...

Abandoned oil and gas wells will be cleaned up despite backlog: Alberta regulator

EDMONTON — There's lots of life in Alberta's conventional oil industry and plenty of resources and political will to clean up the mess it leaves behind, says the head of the province's energy regulator. "Will there be halcyon-days growth in the

Climate ambition, push for electric vehicles driving down need for oil: report

OTTAWA — The expected uptake of electric vehicles and stricter measures worldwide to reduce greenhouse gas emissions are the top reasons why a climate-focused research group is calling on governments not to invest any more money in Alberta's oil sector...