Deloitte report forecasts oil prices to rise modestly over next three months
A report by Deloitte Canada forecasts crude oil prices will increase modestly over the next three months.
Climate talks chief urges oil producing states to slash emissions
The president of this year’s United Nations’ climate talks urged the oil and gas industry Thursday to reach net zero greenhouse gas emissions by or before 2050 in a speech to oil producing states.
UFA cuts ribbons at Weyburn and Yorkton cardlock and bulk fuel locations
UFA Cooperative is a staple throughout Alberta, but now it is growing into Saskatchewan. While United Farmers of Alberta has long had location in Swift Current, Macklin, Kindersley and Lloydminster, it has recently opened new cardlock and bulk fuel facilities in Weyburn and Yorkton. On July 6, there was a ribbon cutting in Weyburn, followed by one in Yorkton on July 7.
Energy Transition Podcast, Episode 69: Addition and Adaptation: The Transition Alternative?
Armando Cavanha, Irina Slav, David Blackmon and Tammy Nemeth discuss Addition and Adaptation: The Transition Alternative?
Kipling area Bekevar Yōtin Wind Facility turns sod, gets $50 million from feds, money that came from Saskatchewan businesses via output based pricing
A new 200 megawatt wind power facility has started construction near Kipling, and it is doing so with the help of $50 million of federal money, Cowessess First Nation, the Canada Infrastructure Bank, and international private investment.
On June 29, federal Minister of Natural Resources Jonathan Wilkinson attended a sod turning at the Bekevar Yōtin Wind Facility site, southeast of Kipling. Yōtin is Saulteaux for “wind,” which brings change, according to Erica Beaudin, chief of Cowessess First Nation.
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Enbridge installs first of 71 wind turbines offshore of Dieppe, France
Canadian pipeline giant Enbridge and its partner EDF Renouvelables are developing the Fécamp Offshore Wind Project off France’s northwest coast, not far from Dieppe, according to Enbridge’s website.
Ontario and Bruce Power begin planning for massive new 4,800 megawatt nuclear power addition
Bruce Power and the Province of Ontario announced initial work on the first major new nuclear power generating station in this country in two generations.
This is not “small modular reactors,” but 4,800 megawatts of “big nuclear,” to be built adjacent to the existing Bruce Nuclear Generating Station, on the shores of Lake Huron. For perspective, the most power SaskPower has ever generated was 3,910 megawatts on Dec. 30, 2021. If each of the new reactors turns out to be 1,200 megawatts – just one of those reactors would equal all four, combined, that Saskatchewan is currently considering.
Wilkinson announces $7 million for four Indigenous energy projects in Saskatchewan
On June 28, Minister of Natural Resources Jonathan Wilkinson announced investments totalling over $7 million for four energy projects affiliated with Indigenous organizations or communities in Saskatchewan. The announcement was part of the federal government’s ongoing efforts to increase “clean energy” production, along its plan for Net Zero by 2050 (and Net Zero by 2035 for power production.)
Carrot River biorefinery conversion gets $10 million federal dollars
CARROT RIVER – As part of a suite of funding announcements on June 28, Jonathan Wilkinson, Minister of Natural Resources, announced a $10 million contribution to BioLesna Carbon Technologies LP. That’s a joint venture between BC Biocarbon and Dunkley Lumber...
Provinces have a say: Eyre responds to Wilkinson’s “just transition”
Federal Minister of Natural Resources Jonathan Wilkinson had a lot to say about Canada’s future in his June 28 speech to the Saskatchewan Chamber of Commerce on the “just transition.” Saskatchewan Justice Minister and Attorney General Bronwyn Eyre counters that the provinces have a say, too.
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Natural Resources Minister has faith electric tractors are coming
If you regulate it, they will come. Electric tractors, that is.
That was the gist of a response from federal Minister of Natural Resources Jonathan Wilkinson, when asked about the Clean Fuel Regulations, affordability and electric tractors on June 29.
Wilkinson says there are two paths: one “accepts the scientific reality of climate change,” the other “is blind hope”
We’re still going to use oil and gas, but we’re not going to burn it. That is, except for power generation, coupled with carbon capture. We need to adapt to a net-zero economy by 2050, otherwise global investment will pass us by, in addition to the climate peril. We have to double the electrical grid, or more. People against everything need to get out of the way and let us build things. And we can’t just hope for the best.
Those were the key themes that federal Minister of Natural Resources Jonathan Wilkinson spoke about June 28.
Jonathan Wilkinson’s full Just Transition speech, verbatim
It’s not often the minister largely responsible for implementing an idea to essentially phase out a nation’s most significant industry talks about that, here in Saskatchewan, but federal Minister of Natural Resources Jonathan Wilkinson did just that on Wednesday, June 28. He spoke to the Saskatchewan Chamber of Commerce at Innovation Place, on the University of Regina campus. He’s got a lot to say. Here is his full speech, verbatim:
New Mexico regulators fine oil producer $40 million for burning off vast amounts of natural gas
SANTA FE, N.M. (AP) — New Mexico oilfield and air quality regulators on Thursday announced unprecedented state fines against a Texas-based oil and natural gas producer on accusations that the company flouted local pollution reporting and control requirements by burning off vast amounts of natural gas in a prolific energy-production zone in the southeast of the state.
Double whammy of new climate policies in Atlantic Canada fuel political battle
There is a clash of wills growing in Atlantic Canada over two new climate policies that take effect this weekend, with premiers demanding Ottawa put the brakes on the plan and the federal government accusing them of playing politics with the planet.
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EU climate chief is concerned over the expansion of the coal industry in China
BEIJING (AP) — The European Union’s climate chief on Monday expressed concern over the expansion of China’s coal industry, with the building of new coal-fired plants.
Saudi Arabia and Russia are cutting oil supply again in bid to boost prices
LONDON (AP) — Saudi Arabia and Russia are extending cuts to the amount of oil they pump to the world in a bid to prop up prices, showing how two of the world’s largest oil producers are scrambling to boost income from the fossil fuel even as demand has weakened with the economy.
Ten years after Mégantic, experts say stricter rules, tougher enforcement needed
Kathy Fox still remembers the looks on the faces of the grieving family members on the morning in August 2014, as she tried to explain how the Lac-Mégantic rail disaster had happened.
Cenovus Energy releases 2022 ESG report
Cenovus Energy Inc. released its 2022 environmental, social and governance (ESG) report on June 29, detailing sustainability performance and progress on its ESG targets. The company also announced a milestone to reduce absolute methane emissions in its upstream operations by 80% by year-end 2028, from a 2019 baseline.
Quick Dick McDick: Canada Day special – Canadian ABC’s
Pipeline Online officially disputes Quick Dick’s pronunciation of “Z”. He actually said it was “Zee,” not “Zed.” Maybe he got into too much of that Great Western Brewing 2-4 or some damned thing. It’s ZED, dammit. So says ZINCHUK.
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Alberta optimistic about this year’s budget forecast despite drop in oil prices
Alberta Finance Minister Nate Horner says the government may have to lower how much it expects to take in from oil this year, but the overall budget outlook remains optimistic.
Premier Danielle Smith’s United Conservative government introduced a spend-heavy budget in February that also promised a $2.4-billion surplus based on West Texas Intermediate — the North American benchmark price for oil — averaging US$79 a barrel.
The West Texas price is well under that prediction, currently trading at just under US$70 barrel.
Alberta ends 2022-23 with petro-powered $11.6B surplus
The Alberta government says it ended the 2022-23 budget year with a petro-powered $11.6 billion surplus, up from its third-quarter estimate of $10.4 billion.
Climate policies and fossil fuel: Clean fuel regulations and carbon pricing explained
On Saturday, the federal government’s long-promised clean fuel regulations will take effect across Canada. Here are five things to know about what they are, how they will affect you and why they are different from the carbon price.
Natural gas power generation with carbon capture likely allowed post-2035, says federal natural resources minister
Hold on one second – the proposed Clean Electricity Regulations might not be entirely shutting the door on natural gas-fired power generation post-2035. But we might have to build very expensive carbon capture facilities on our gas-fired power stations.
“More that we need to do,” says federal Minister of Natural Resources regarding coal transition
REGINA – Just before the House of Commons rose for its summer break, the Natural Resources Committee issued its “Just Transition” report. Federal Minister of Natural Resources Jonathan Wilkinson was in Regina on June 28 to speak to the Saskatchewan Chamber of Commerce about “Just Transition.”
A significant part of that report talked about using the current coal transition program as a model to transition the much, much larger oil and gas sector to other jobs.