Alberta releases first report on well cleanup; $33B liability estimate called too low
Alberta’s oil and gas producers spent nearly $700 million in 2022 on cleaning up the hundreds of thousands of old wells that dot the province, the regulator’s first report on the extent of those liabilities indicates.
After a weekend of power shortages, Notley takes credit for getting rid of coal-fired power and building wind and solar
The day after Alberta had four days in a row "grid alerts" for its electrical system due to the utter collapse of wind and solar power, and the lack of dispatchable baseload power, Rachel Notley took credit for expanding renewables and getting rid of coal. On the...
Shell will sell big piece of its Nigeria oil business, but activists want pollution cleaned up first
ABUJA, Nigeria (AP) — Shell said Tuesday it agreed to sell its onshore business in Nigeria’s Niger Delta to a consortium of companies in a deal worth $2.4 billion, the latest move by the energy company to limit its exposure in the West African nation amid long-running complaints of environmental pollution caused by the oil industry.
Alberta’s close brush with possible rolling blackouts stiffens Moe’s resolve to keep the lights on
The past weekend proved to be a close-run thing for the Alberta electrical grid, and Saskatchewan Premier Scott Moe is making statements resolving he won’t allow that to happen here.
Specifically, after having nearly completely divested itself of coal-fired power production, Alberta’s dramatic buildout of wind and solar proved impossible to keep the lights on in that province when the chips were down and temperatures hit -35 C, or worse.
Tremors from Red Sea conflict start to shake Canada, with dozens of ships delayed
Canadian shippers are starting to feel the strain of recent attacks on cargo vessels in the Red Sea, as container rates rise and boats roll in late on the East Coast.
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