SaskPower to hold Estevan open house on 650 MW powerline interconnect with US
SaskPower announced last summer that it would be substantially increasing its transmission line interconnect with the American Southwest Power Pool (SPP). This would allow the Crown power utility to increase its ability to buy and sell power from the current 150 megawatts to 650 megawatts, or a bit more than the capacity of Boundary Dam Power Station.
Lithium in SK, Part 15: Grounded Lithium lays out its development plan
Grounded is first to publicly release its map of development in Saskatchewan CALGARY – Last summer, Calgary-based Grounded Lithium Corp. drilled the second targeted lithium well in Saskatchewan. That well was near Coleville, in the west central region of...
British Columbia announces new energy ‘framework’ on heels of LNG facility approval
The British Columbia government says it’s rolling out a new framework for approving oil and gas projects that will ensure the province meets its emissions targets in the coming decades.
Premier David Eby said Tuesday the framework will require new liquefied natural gas facilities to have a “credible plan” for net-zero emissions by 2030 and there will be an emissions cap on the industry.
Federal and Alberta governments to study oilsands tailings leak communication
The Alberta and federal governments say they will work together to understand what happened around a nine-month delay in notifying the public about toxic seepage from an oilsands tailings pond.
” (Alberta Environment) Minister (Sonya) Savage and (federal Environment) Minister (Steven) Guilbeault reiterated a dual commitment to review information exchange processes and committed to maintaining open communication channels with Indigenous communities in the area with updates on water sampling and other monitoring results,” said a news release Wednesday from the Alberta government.
Oil prices plunge, Canadian energy stocks take beating as global banking fears spread
Crude oil prices plunged below US$70 and Canadian energy stocks took a beating Wednesday as market chaos continued amid concerns about a spreading bank crisis.
“We’re down US$12 in two and a half days, which is obviously a very, very, very large move in crude oil,” said Rory Johnston, a Toronto-based energy analyst and founder of the Commodity Context newsletter.
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