Brian Zinchuk on Evan Bray: Elections, pipelines, million barrels, emissions cap and more
This month on the CJME/CKOM Evan Bray Show, Pipeline Online editor and owner Brian Zinchuk discusses the energy sector impacts of the US and Saskatchewan elections. The key one is the idea of reviving the Keystone XL pipeline, as seen in the video below. Premier Scott Moe talked about not only reaching 600,000 barrels per day oil production in Saskatchewan, but aiming for a million – so how could that happen? There’s also some talk about natural gas and career fairs.
Ovintiv buying Montney assets from Paramount for US$2.38 billion
CALGARY — Ovintiv Inc. says it has signed a deal to buy a group of assets in the Montney region from Paramount Resources Ltd. in an all-cash deal valued at about US$2.38 billion
Energy experts think Donald Trump will make tariff exemptions for Canadian oil
President-elect Donald Trump’s promise to slap an across-the-board tariff of at least 10 per cent on all imports including from Canada is unlikely to apply to Canadian oil, energy experts are predicting.
Prairie Dawg Steel Supply launches in Estevan
Prairie Dawg Trailer Sales & Rentals has opened a new division, offering steel sales. That new division is Prairie Dawg Steel Supply.
Suncor to return all excess cash to shareholders after hitting debt target early
Efforts to streamline operations have helped Suncor Energy Inc. hit its debt target, triggering a commitment to pay out 100 per cent of excess funds to shareholders.
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What’s a drilling rig doing southeast of Moose Jaw? Drilling a CO2 sequestration well, naturally
It’s not often, if ever, you see a drilling rig working along Highway 39 due south of Belle Plaine and southeast of Moose Jaw, but there it is.
Ensign Drilling Rig 808 is punching a hole, a deep one. And not for the reason you might think.
Canada steadfast on climate plan despite Trump re-election: Guilbeault
OTTAWA — Donald Trump’s re-election in the United States will not impact Canada’s commitment to fighting climate change, Environment Minister Steven Guilbeault said Tuesday.
Suncor Energy earnings rise to $2.02 billion in third quarter
CALGARY — Suncor Energy Inc. says it earned $2.02 billion in its third quarter, up from $1.54 billion a year earlier.
Brian Crossman: Elections, Name Calling and Doing the Right Thing
Well kids, we have survived another two elections, so far anyway. The incumbent Saskatchewan Party pulled it off again for a fifth consecutive term and of course, Donald J. Trump will once again be the president of the country just south of us, not as a true incumbent, but he was the commander-in-chief four years ago. And by all accounts Trump won a landslide, while Scott Moe and the Sask Party just squeaked in with a majority.
Federal government faces potential loss if Trans Mountain pipeline sold: PBO
Taxpayers are facing potential billions of dollars in losses on the sale of the Trans Mountain pipeline as the Parliamentary Budget Officer estimates its current value is less than the sum of its assets.
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COP29 primer: Canada’s priorities at the global climate talks, and the Trump impact
Canada could be an important consensus builder at this year’s international climate negotiations, Environment and Climate Change Minister Steven Guilbeault said, while downplaying concerns that Donald Trump’s presidential election victory could hamper the talks.
Colleen Young new energy minister, Tim McLeod new justice minister in cabinet shuffle
Premier Scott Moe today appointed a new, smaller cabinet, with a new minister in every cabinet position. And in that shuffle, Lloydminster MLA Colleen Young was dealt the card for Minister of Energy and Resources.
TC Energy cuts cost estimate for Southeast Gateway pipeline project in Mexico
CALGARY — TC Energy Corp.'s Southeast Gateway pipeline project in Mexico is on track to come in 11 per cent below budget and should be operational no later than mid-2025, the Calgary-based company said Thursday. The project, which was green-lit in...
Running out the clock on the federal oil and gas emissions cap: SK energy minister
Late in the year, just in time for the next COP (Conference Of the Parties) event, the federal Liberal government released its planned oil and gas emissions cap details on Nov. 4. The Saskatchewan government reacted negatively to this plan, calling it a cap on production. And it looks like the newly re-elected Sask Party government plans on running out the clock in this ongoing fight with the federal government, expecting an upcoming election within the next year will result in the policy being quashed.
Pembina Pipeline seeing increased interest from potential Cedar LNG suppliers: CEO
CALGARY — One of the partners behind the Cedar LNG project says it has seen an uptick in interest from potential long-term contracted natural gas suppliers since the project was green-lit in June. Calgary-based Pembina Pipeline Ltd. and its...
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Alberta asks municipalities to name oil companies not paying taxes, reeve says no use
The Alberta government is asking rural municipalities to send letters pointing the finger at specific oil and gas companies that aren’t paying their property taxes — but one rural leader says there’s no hope for enforcement.
MEG says 2024 production to come in at low end of forecast due to wildfires
Oilsands producer MEG Energy Corp. expects its full-year 2024 production to come in towards the lower end of its forecast range, in part due to the wildfires that forced a temporary evacuation of its Christina Lake site in July.
Brian Zinchuk: Trump won. Let’s build that pipeline, quick!
It can be done. I worked on a crew that, along with several other crews, built a pipeline from Fort St. John, B.C., to Chicago. We got it done, from scratching dirt to in commission, in 16 months from 1999 to 2000. You just need to cut all the ridiculous bovine feces that has crept into the regulatory environment since then, and let fly.
Verbatim backgrounder on oil and gas emissions cap
In Pipeline News’ continuing its quest to ensure all Canadians know exactly what the federal government is telling us about its climate change agenda, this is the backgrounder posted on Nov. 4.
Emissions cap puts methane in spotlight; industry says low-hanging fruit already gone
Oil and gas producers who have already made progress on lowering their methane emissions over the last decade say further large-scale reductions will be tougher to deliver.
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Guilbeault’s oil and gas emissions cap press release, verbatim
Pipeline News is continuing its quest to ensure all Canadians know exactly what the federal government is telling us about its climate change agenda. On Nov. 4, Minister of Environment and Climate Change Steven Guilbeault released draft regulations on a cap on greenhouse gas emissions from the oil and gas sector of the economy. In the X post made on Nov. 4, Guilbeault continually refers to carbon dioxide as “pollution,” but does not refer to it as “plant food,” which it is.
Reaction to Guilbeault’s emissions cap on oil and gas industry, Part 1
Editor’s note: Reaction to federal government’s draft oil and gas emissions cap came in fast and furious on Nov. 4. This is part 1 of the reaction – each piece presented verbatim. This one include the Government of Saskatchewan, CAPP, CAOEC, Environmental Defence, Enserva.
Reaction to Guilbeault’s emissions cap on oil and gas industry, Part 2
Editor’s note: Reaction to federal government’s draft oil and gas emissions cap came in fast and furious on Nov. 4. This is part 1 of the reaction – each piece presented verbatim. This one includes the Government of Alberta, Pembina Institute, MEI
Federal government’s control of media to grow, now seeking to subsidize radio news
Editor’s note: After subsidizing newspaper news for several years now, and its ongoing subsidies for the CBC, on Nov. 4, the federal Liberal government announced its intentions to subsidize radio news now, too. The funding announcement comes less than a year before the expected federal election.
Oil, gas companies told to cut emissions by one-third under planned cap
Oil and gas producers in Canada will be required to cut greenhouse gas emissions by about one-third over the next eight years under new regulations published Monday.