Government roadblocks cripple energy industry

Certainly there are factors beyond domestic control, but some simple regulatory changes and a general will to help industry will go a long way

Government roadblocks cripple energy industryAndrew Leach, an energy and environmental economist at the University of Alberta, recently observed that a number of things challenge the oil and gas industry in Canada, particularly the oil sands sector. And some of those challenges aren’t the fault of Canadian politicians or environmental activists. He noted that the Canadian Association of Petroleum Producers…

Report shows 19 pipeline incidents in 2018

Nation’s network of transmission pipelines grew to about 121,000 km last year, delivering more than 1.6 billion barrels of crude oil and 5.9 trillion cubic feet of natural gas

Report shows 19 pipeline incidents in 2018A report released on Wednesday by the Canadian Energy Pipeline Association says Canada’s vast network of transmission pipelines grew to approximately 121,000 km in 2018, delivering more than 1.6 billion barrels of crude oil and 5.9 trillion cubic feet of natural gas. And it says there were 19 incidents last year. “Canadians rely on pipelines…

Finding common ground on pipeline expansion

No issue in Canada has been framed as more black and white than pipeline development

Finding common ground on pipeline expansionIt’s often said that you can have it all, but not all at once. The key to finding work/life balance is to measure success not by the day or week, but over the longer term. So it is with our choices for Canada. We are often told that we have to choose between being socially…

Ruling exposes Ottawa’s Indigenous consultation failure

Ruling delaying the Trans Mountain pipeline once again makes it clear we need legislation to clarify what indigenous consultation means

Ruling exposes Ottawa’s Indigenous consultation failureBy Ashley Stedman and Elmira Aliakbari The Fraser Institute In yet another example of the federal government’s failure to get Indigenous consultation right, the Federal Court of Appeal recently ruled that six of 12 legal challenges to the Trans Mountain pipeline expansion can proceed. The result? Canada’s energy sector will continue to face transportation constraints,…

Pembina buying Kinder Morgan Canada for $4.35 billion

Pembina buying Kinder Morgan Canada for $4.35 billionPembina Pipeline Corp. is buying Kinder Morgan Canada and the Cochin Pipeline for $4.35 billion, it was announced on Wednesday. Pembina said the transaction values Kinder Morgan Canada at approximately $2.3 billion, or $15.02 per share, and Cochin U.S. at approximately $2.05 billion. Pembina will acquire assets including the Cochin Pipeline system, the Edmonton storage…

Canada not reaching full potential for crude oil production

An ongoing lack of pipeline capacity has restricted the growth of Canadian crude production: ATB

Canada not reaching full potential for crude oil productionUnlike in the U.S., Canada has not been able to reach its full potential when it comes to crude oil production, says ATB Financial’s economics and research team. In its daily economic update The Owl, the financial institution said the U.S. shale oil revolution made possible by horizontal drilling and hydraulic fracturing pushed U.S. field…

Bill C-69 is a loose, vague obstacle to development

The law is so full of giant holes that it could make things much worse for anyone planning a large project to improve our economy

Bill C-69 is a loose, vague obstacle to developmentCanada is no longer a low-risk, high-return venue for investment. The federal government has boxed itself into a corner in its attempts to square the process for reviewing and approving large mining, pipeline or other projects. It has run counter to the private sector’s desire for any such process to be clear, simple, relatively quick,…

The Trans Mountain truth defies activists’ claims

For an issue that’s been so polarizing, the arguments against the pipeline expansion are surprisingly flawed

The Trans Mountain truth defies activists’ claimsNothing has been as divisive to national unity as the Trans Mountain pipeline expansion in the 25 years since the Quebec independence referendum. But unlike separation, this project – approved again last week by the federal government – is good for the country and will benefit all Canadians. Moving to Vancouver two years ago from…

Reimagining how Indigenous business creates value

Trent Fequet talks about how Steel River Group has evolved and grown in just two short years, despite tough economic conditions

Reimagining how Indigenous business creates valueTrent Fequet is president and CEO of Steel River Group. What’s Steel River Group and what does it do? What’s its history? Fequet: Steel River Group is a privately-held and Indigenous-owned-and-operated company. Born out of the deep belief that we need to reimagine how an Indigenous business can create and contribute value to their community,…

Trans Mountain expansion approval embraced by oil patch

Construction expected to begin this year but analysts warn that it will take years to complete and open new markets

Trans Mountain expansion approval embraced by oil patchThe federal government’s approval on Tuesday of the multibillion-dollar Trans Mountain pipeline expansion project is being called a step in the right direction for Alberta’s economy. The Canadian Association of Petroleum Producers said the approval paves the way for Canada to start competing on the world stage. In a statement, CAPP said the approval “means…

Further Trans Mountain delay says Canada closed for business: CAPP

If the project is not approved for summer construction, the federal government will hinder employment, innovation and technology development

Further Trans Mountain delay says Canada closed for business: CAPPAny further delays on the Trans Mountain Expansion Project will signal that Canada is closed for business, says the Canadian Association of Petroleum Producers in a statement issued on Monday in advance of the government of Canada's expected announcement on the project on Tuesday. The statement read: “The Trans Mountain expansion project must be approved…

Oil sands production to near four million barrels a day by 2030

IHS Markit report projects slower pace of investment and growth in Canadian projects

Oil sands production to near four million barrels a day by 2030Canadian oil sands productions is expected to reach nearly four million barrels a day by 2030, or almost one million barrels more than today, according to a new 10-year production forecast by IHS Markit. But the business information provider also says production is set to enter a period of slower annual growth. “Large-scale oil sands…

The Senate should do its job and respect the nation’s regions

Bill C-48 is the kind of extraordinary circumstance that requires the Senate fulfil its role as a regional counterbalance to the House

The Senate should do its job and respect the nation’s regionsThe Senate’s fundamental job is to review legislation while respecting its regions. In that sense, it is a unique part of Canadian Parliament. The Senate is a built-in safety valve to protect regional interests against the majoritarian impulses of the elected chamber. It ensures that all parts of this diverse country have a meaningful voice…

Pieridae Energy ramps up LNG project on East Coast

CEO Alfred Sorensen talks about moving the Canadian industry from its infancy and servicing a growing international market

Pieridae Energy ramps up LNG project on East CoastAlfred Sorensen is CEO of Pieridae Energy. What is Pieridae Energy and what does it do? Sorensen: Pieridae Energy is Canada’s only fully-integrated LNG company. We are looking to build the US$8 billion, 10-million-tonne-per-year Goldboro LNG liquefaction facility off the East Coast near Halifax to supply much-needed natural gas to Europe. In a nutshell, our…
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