energy
Gas association warns switch to electricity could raise costs by $1.4T
Growing electricity’s contribution to Canada’s energy mix from its current 19% to about 60% will require an expansion from 141 gigawatts today to between 278 and 422 GW of renewable wind, solar and storage capacity by 2050.
Berkshire Hathaway launches $200M Alberta wind power farm
Rattlesnake Ridge Wind project produce enough energy to supply the equivalent of 79,000 homes.
Alberta incorporates energy war room as Canadian Energy Centre
Will focus on improving the reputation of Alberta’s oil and gas sector.
Norwegian fund cuts four Canadian oil sands firms
Has reduced its tolerance threshold for companies with interests in the oil sands from 30% to 5%.
Mainline contracting delayed, not dead, after regulator ruling: Enbridge
The pipeline system’s current operating model, which makes space open to all bidders on a monthly basis, expires in June 2021.
Alberta solar farm to proceed after TC Energy supply deal signed
Delivery will begin with commercial operation, which is targeted for the end of September in 2020.
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New tech moves oil sands bitumen in container to West Coast
BitCrude process uses an electrically powered diluent recovery unit to produce a product that’s non-flammable.
Alberta inquiry into oil and gas foes could face legal challenge from Ecojustice
Alberta Premier Jason Kenney has repeatedly accused U.S. charities of bankrolling efforts to block Canadian energy.
Alberta inquiry into oil and gas foes could face legal challenge from Ecojustice
Kenney has said deep-pocketed US charities have bankrolled efforts to block Canadian energy development for years.
OPEC, allies weigh further oil production cut in December
Global oil prices fell on the news as forecasts predict a coming economic slowdown and a renewed supply glut.
Global demand for oil has slowed, says latest OPEC estimate
Economic growth reduced to 3% for 2019 and 3.1% for 2020, down 0.1% in each year.
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Suncor invests $1.4B in cogeneration units at Oil Sands Base Plant
Will provide steam generation required for Suncor’s extraction and upgrading operations.
Court Trans Mountain appeals focussed on Indigenous consultation
Will examine the calibre of the federal government’s consultations.
Federal Court of Appeal to rule on letting pipeline challenges proceed
Environment groups say there are not adequate protections for endangered marine species that will be affected by tanker traffic.
Crescent Point selling $912M in assets, including Uinta Basin asset
Calgary-based company says agreements include 27,000 barrels of oil equivalent per day of upstream assets.
