Pipeline Online brief to House of Commons Natural Resources Committee on “Federal Assistance for Various Natural Resources Industries”
In late November Pipeline Online was approached by a member of the House of Commons Natural Resources Committee to submit a brief to that committee on the subject of “Federal Assistance for Various Natural Resources Industries.”
This is that brief, submitted on Nov. 25, by editor and owner Brian Zinchuk.
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
FRANKFURT, Germany (AP) — The Saudi-led OPEC oil cartel and allied producers including Russia did not change their targets for shipping oil to the global economy amid uncertainty about the impact of new Western sanctions against Russia that could take significant amounts of oil off the market.
The decision at a meeting of oil ministers Sunday comes a day ahead of the planned start of two measures aimed at hitting Russia’s oil earnings in response to its invasion of Ukraine. Those are: a European Union boycott of most Russian oil and a price cap of $60 per barrel on Russian exports imposed by the EU and the Group of Seven democracies.
Parkland to double size of announced EV charging network in western Canada
Parkland Corp. is doubling the size of its previously announced electric vehicle charging network with a focus on British Columbia, which leads the country in EV adoption.
The Calgary-based fuel retailer said Friday it will now install 50 ultra-fast charging stations on highways and in major destinations from Vancouver Island to Calgary, instead of the previously announced 25.
EXPLAINER: What’s the effect of Russian oil price cap, ban?
FRANKFURT, Germany (AP) — Western governments have agreed to cap the price of Russia’s oil exports in an attempt to limit the fossil fuel earnings that support Moscow’s budget, its military and the invasion of Ukraine.
The cap is set to take effect Monday, the same day the European Union will impose a boycott on most Russian oil — its crude that is shipped by sea. The EU reached a deal for a $60-per-barrel threshold Friday, and the Group of Seven nations and Australia signed off on the deal later in the day.
Brian Zinchuk: Ding! Ding! Ding! Alarm bells should be ringing in Alberta as wind failure leads to second grid alert in three days. Saskatchewan should take notice
As evidenced twice this past week, the electrical grid can barely handle the demand we have, now, before we switch most of our transportation system to electric vehicles. What happens when half our cars and trucks are EVs? Then three-quarters? What happens when the wind doesn’t blow then? No one goes to work?
When will the other media take notice? When will they start to question this mad rush to wind and solar, and total adoption of electric vehicles? When will someone else in the Saskatchewan media declare “The emperor has no clothes?”
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Elite Safety Services acquires Nobel HSSE Management LTD
OXBOW – Nobel HSSE Management Ltd. of Oxbow, Regina and Saskatoon has been purchased by Brandon-based Elite Safety Services.
That company specializes in rescue, safety and medic services, while Nobel focused on leader in occupational health, WCB management, medical and safety services.
Alberta issues second grid alert in three days as wind power generation collapses, again
Another supper in Alberta is not being powered by wind generation.
Well, 99.54 per cent not powered by wind.
And by 4:53 p.m., the provincial grid operator declared the second “grid alert” this week.
Williston Basin Petroleum Conference returns to Regina May 2-3, 2023
The Williston Basin Petroleum Conference will be held in Regina on May 2-3, 2023.
Wait, what?
Doesn’t that conference alternate between Bismarck, North Dakota, and Regina, and wasn’t it held in Regina in 2022?
Yes, and yes. But there’s more to it than that.
List of areas the Alberta government accuses Ottawa of overreaching
EDMONTON — When the Alberta legislature resumed sitting Tuesday, the first bill introduced by the United Conservative Party government was one aimed at shielding the province from federal laws it deems harmful to its interests.
Op-Ed: UN Report Attempts to Swap “Net”-Zero with Absolute-Zero Emissions
Integrity Matters, the report from Catherine McKenna’s UN High-Level Expert Group on the Net Zero Emissions Commitments of Non-State Entities, was launched at COP27 earlier in November. While probably appealing to climate activists or the likes of Steven Guilbeault, former Greenpeace activist and Canada’s Minister of Environment and Climate Change, it ought to be ignored and launched into the trash. The report effectively seeks to pull out the rug from under Canada’s resource industries by redefining net-zero with the effect that hydrocarbon investment would have to end, while demanding that the industry associations muzzle any criticism against such net-zero policies. Remarkably, it also insists that the industry only be permitted to lobby for more restrictions, euphemistically described as “positive climate action.” Despite the absurd recommendations, the McKenna report has pulled back the veil that, for the Expert Group at least, “net-zero” means “absolute” zero.
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‘Strong position’: Saskatchewan’s bottom line stable, government posts $1.1B surplus
“We’re seeing oil already dropping significantly from where it peaked earlier in the year. Potash has been more steady, but there still has been some softening,” Harpauer said.
Despite this, she projects Saskatchewan’s economic growth will still be relatively strong next year and the province’s gross domestic product will grow 1.4 per cent in 2023.
TC Energy expects cost of Coastal GasLink pipeline project to rise
The Coastal GasLink pipeline is not the only major energy infrastructure project in Canada to be plagued by cost overruns this year. In February, the company behind the ongoing Trans Mountain pipeline expansion project — which will increase oil transportation capacity from Alberta to the West Coast — announced the new cost of the project is an estimated $21.4 billion, up from an earlier estimate of $12.6 billion.
Enbridge finalizes Woodfibre LNG deal to assume 30 per cent ownership stake
Enbridge Inc. says it has completed a previously announced transaction giving it a 30 per cent ownership stake in the Woodfibre liquefied natural gas (LNG) project.
Patchwork Podcast: Strathcona Resources CEO Rob Morgan
Tracy Klotz and Kurt Price talk with Strathcona Resources president and CEO Rob Morgan on this month’s New Lloydminster Nissan Patchwork Podcast.
Alberta wind power capacity drops to less than 1% yet again, grid alert issued
On Tuesday night, supper time in Alberta was not lit by wind power.
That’s because at 6:18 pm., Alberta’s installed capacity of 3,466 megawatts of wind power generation was producing 24 megawatts.
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Lithium in SK, Part 5: Prairie Lithium – Old wells or new wells?
TORQUAY – Prairie Lithium’s president and CEO Zach Maurer first thought of producing lithium from the produced water that comes from oil wells. But that idea has since evolved into the pursuit of drilling directly for the highest concentrations of lithium. Still, extracting lithium from oil well brines is a possibility, too.
Here’s how Maurer explained it in late September, 2021, while in a shack during the drilling of the first lithium well in Saskatchewan.
Lithium in SK, Part 4: Prairie Lithium pursuing the idea there could be lithium in those brines
Lithium is one of the key resources in the quest for energy transition, and specifically for reduction of greenhouse gas emissions and greater electrification of the global economy. As the lightest metal on the periodic table, it is a key component in battery chemistries, especially in anything that needs to move. There is simply no substitute that can match its lightness – crucial for everything from cellular phones to electric pickup trucks.
While other companies have been active in land acquisition, Prairie Lithium has been leading the charge, out in the field, testing its technology, and, in late September of 2021, it was the first to put a drill bit to rock.
Venezuela’s gov, opponents resume talks; US eases sanction
MEXICO CITY (AP) — Venezuela’s government and its opposition on Saturday agreed to create a U.N.-managed fund to finance health, food and education programs for the poor, while the Biden administration eased some oil sanctions on the country in an effort to boost the newly restarted talks between the sides.
Sober or bright? Europe faces holidays during energy crunch
VERONA, Italy (AP) — Early season merrymakers sipping mulled wine and shopping for holiday decorations packed the Verona Christmas market for its inaugural weekend. But beyond the wooden market stalls, the Italian city still has not decked out its granite-clad pedestrian streets with twinkling holiday lights as officials debate how bright to make the season during an energy crisis.
In cities across Europe, officials are wrestling with a choice as energy prices have gone up because of Russia’s war in Ukraine: Dim Christmas lighting to send a message of energy conservation and solidarity with citizens squeezed by higher utility bills and inflation, while protecting public coffers. Or let the lights blaze in a message of defiance after two years of pandemic-suppressed Christmas seasons, illuminating cities with holiday cheer that retailers hope will loosen people’s purse strings.
EU nations fail to close rift on gas prices as cold sets in
BRUSSELS (AP) — On winter’s doorstep, European Union nations again failed to bridge bitter disagreements over a natural gas price cap Thursday as they struggle to effectively shield 450 million citizens from massive increases in their utility bills.
An emergency meeting of energy ministers only showed how the energy crisis tied to Russia’s war in Ukraine has divided the 27-nation bloc into almost irreconcilable blocs.
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Lithium in SK, Part 3: Crown land sale reveals sixth entrant in Saskatchewan lithium exploration race
This entire large checkerboard of land in the Carlyle/Redves/Alida/SStorthoaks area was permitted by newcomer Flowing Lithium Exploration. Saskatchewan Ministry of Energy and ResourcesREGINA – The Nov. 21 Crown mineral rights sale revealed a sixth entrant in the...
Estevan Meter, Virden Meter and Apollo Electric & Controls unify as PRIMEC Controls
Changing your company’s name after operating 55 years under that title is not an easy decision. Indeed, it took roughly five years to come to that point.
But on Nov. 22, Estevan Meter Services and its sister companies Virden Meter Services and Apollo Electric & Controls announced they would be uniting under one new name and entity. Effective Jan. 1, 2023, they will be known as PRIMEC Controls Corporation, and will be branded as PRIMEC Controls Canada.
Federal consumer carbon price to expand to three Atlantic provinces next summer
Labour Minister Seamus O’Regan, who appeared with Guilbeault at a press conference on Tuesday, was having none of it.
“What I particularly resent is the stoking of drama and anxiety among people, whether it be in my province or any anywhere in the country,” he said.
O’Regan, who represents a St. John’s riding, insisted that carbon pricing isn’t making life less affordable because the rebates are worth more to most people than the carbon prices they will pay — something that has been confirmed by the Parliamentary Budget Officer.
“This is a good plan, and there will be more money in your bank account than there was before, and you will be doing something very effective.”
Royal Helium is getting the money in place to transform from an explorer to a producer
On Nov. 22, Saskatoon-based Royal Helium Ltd. announced it had executed a term sheet with an arm’s length lender to provide a USD $20 million three-year credit facility
Saskatchewan to regulate all large emitters after Ottawa approves carbon pricing plan
All large greenhouse gas emitters in Saskatchewan will soon be regulated by the provincial government after Ottawa ruled the plan meets national standards.
Saskatchewan and Ottawa jointly announced Tuesday that the federal output-based pricing system for industry will no longer apply in the province starting in 2023.