The bureaucracy that exists to prove out geothermal resources “without question” has held back development for Valemount, says its mayor, which is why the B.C. village that sits where the Rocky Mountain Trench intersects a fault is asking fellow communities in the province to support a simplified process that would be far less expensive.
September 16, 2020, 7:50 AM MDT
Canadian Natural Resources Limited is urging the Canada Energy Regulator (CER) to dismiss Enbridge Inc.’s application to allow it to convert its Canadian Mainline transportation service to firm service from the current carriage service.
September 16, 2020, 3:35 PM MDT
The Saskatchewan government says it expects many new companies to register aggregate upstream oil and gas facilities as part of the most recent amendments to performance standards as it continues to implement key commitments made in its climate change strategy.
September 15, 2020, 11:32 AM MDT
September 15, 2020, 10:55 AM MDT
September 15, 2020, 7:56 AM MDT
There was a time when Alberta’s economy was hot! It was fuelled by an active and growing energy industry. The result — jobs were plentiful, businesses throughout the province grew, government revenue achieved record levels and we became the place to live and work in Canada.
September 14, 2020, 6 AM MDT
September 14, 2020, 9:18 AM MDT
September 14, 2020, 9:33 AM MDT
September 11, 2020, 9:18 AM MDT
The Alberta government has had a long and generally dismal record of diversifying away from oil and gas since the oil price shocks of the 1970s made the industry the cornerstone of the provincial economy. One of the few successes has been petrochemicals, whereas the most costly failures include a cellphone company, hazardous waste treatment plant, a pulp mill and a magnesium smelter.
September 10, 2020, 10:12 AM MDT
As the federal government prepares for what it says will be a green economic recovery, an Alberta cabinet minister wants assurances it also will be a market-driven recovery.
September 10, 2020, 6 AM MDT
The Alberta Indigenous Opportunities Corporation (AIOC) as its first equity investment has provided a $93 million loan guarantee, backstopped by the Alberta government, to a consortium of six Alberta First Nations to enable their participation in a natural gas-fired power generation project near Edson.
September 10, 2020, 12 AM MDT
September 10, 2020, 7:46 AM MDT
The Alberta energy department says that as of Sept. 4, 2020, it had approved $198 million in funding that is being allocated to 306 Alberta-based companies under its $1-billion, federally funded Site Rehabilitation Program (SRP).
September 9, 2020, 8:29 AM MDT
Canada’s energy and natural resources will play a critical role in the development and operation of tomorrow’s green economy, Seamus O’Regan, federal natural resources minister, told a global natural gas conference Monday.
September 9, 2020, 7:15 AM MDT
The energy transition benefits both from the agility and creativity of smaller, fresh enterprises, as well as the long-established resources and capital of the large legacy oil and gas companies, this week’s Gastech Virtual Summit heard.
September 9, 2020, 11:01 AM MDT
An international environmental watchdog says in certain situations there is scientifically valid evidence of oilsands process-water (OSPW) seepage into near-field groundwater around tailings pond, a new report stated.
September 4, 2020, 9:32 AM MDT
September 3, 2020, 6 AM MDT
September 3, 2020, 6 AM MDT
Alberta’s “oil and gas centric” regulatory system can present significant barriers to technology companies looking to repurpose inactive wells for cleantech uses, webinar participants heard Tuesday.
September 2, 2020, 12 AM MDT
September 1, 2020, 12 AM MDT
Kraken Robotics Inc. will receive a $2.91 million non-refundable financial contribution from the National Research Council of Canada’s Industrial Research Assistance Program (NRC-IRAP).
August 31, 2020, 12 AM MDT
The Alberta government’s deficit for 2020/2021 will balloon to $24.2 billion, thanks to a plunge in revenue and higher spending to grapple with the COVID-19 pandemic.
August 27, 2020, 10:03 AM MDT
A $1.5 billion provision was estimated in Budget 2019 for divestment of crude-by-rail (CBR) contracts in 2019/2020. Not all of the contracts were assigned, and some costs continue, therefore $866 million was reported in expense for 2019/2020, the Alberta government noted this morning in its Q1 fiscal update.
August 27, 2020, 10:07 AM MDT
August 27, 2020, 11:32 AM MDT