Backers in favor of the Canada-to-Texas pipeline are pointing to the crisis in Iraq as a rationale for pushing the project forward.» Read More
Revamped U.S. refineries are absorbing heavy Canadian crude and new oil-rail terminals built by companies like Gibson Energy Inc and Canexus Corp are loading trains to deliver crude to markets across North America, and potentially abroad, limiting the downturn and keeping prices buoyant compared to the past seasons.
CALGARY, Alberta, Sept 8- Jim Prentice, a former key Cabinet minister in the government of Canadian Prime Minister Stephen Harper, has firm control over the province of Alberta's governing Progressive Conservatives, but convincing voters to extend the party's 43- year rule will be more challenging.
The 250- megawatt project, dubbed Silver State South, will capture solar energy with panels spread across almost 4 square miles of federal land south of Las Vegas, according to a fact sheet obtained Friday from a First Solar Inc. representative.
CALGARY, Alberta, Aug 21- Enbridge Inc, Canada's largest pipeline company, might be able to circumvent a delay in U.S. approvals for plans to nearly double the size of its Alberta Clipper line taking oil sands crude to the Midwest, saying it can put the oil in another pipeline to cross the border.
VANCOUVER, Aug 8- A massive waste spill at a gold and copper mine in British Columbia could delay, or even derail, other energy and mining projects planned in the famously "green" West Coast Canadian province.
July 31- Marathon Petroleum Corp, the third-largest standalone U.S. refining company, said its quarterly profit rose 44 percent, helped by higher crude refining margins on the Gulf of Mexico coast.
CALGARY, Alberta, July 22- Canada's largest pipeline company Enbridge Inc may build a 140,000 barrel per day unit train unloading terminal in Pontiac, Illinois, to relieve congestion on its crude oil export network.
The city of 25,000, known for its scenic lighthouses and sweeping views of the island-speckled waters of Casco Bay, is also the east coast's second largest oil port, located at the southern terminus of the Portland-Montreal Pipeline, which currently flows north to Canada.
NEW YORK, July 14- A $6 billion takeover to create the biggest oil producer in the Bakken shale may also open up new opportunities for some big traders who ship oil from North Dakota and Montana to market.
TOKYO, July 10- U.S. crude oil fell below $102 on Thursday, to trade at its lowest level in more than a month, on wavering demand for gasoline and projections for rising supplies from OPEC member Libya. *U.S. crude futures for August delivery fell 32 cents to $101.97 a barrel by 0002 GMT, after earlier trading as low as $101.72- the lowest level since June 5.
OTTAWA, June 26- Aboriginals in British Columbia can stake a broad claim to traditional territories due to a landmark Supreme Court of Canada decision that also raises new questions about prospects for the contentious Northern Gateway pipeline and other resource projects. The case involved a claim to 1,750 sq km of land in central British Columbia.
OTTAWA, June 26- Aboriginal peoples in the province of British Columbia can stake a broad claim to their traditional territories due to a landmark victory at the Supreme Court of Canada, a decision that natural resource companies had warned would create investor uncertainty.
BISMARCK, North Dakota, June 24- North Dakota's governor on Tuesday set a goal for the state's pipeline capacity to nearly double within two years, part of a plan to curb the wasteful flaring of natural gas in the bustling Bakken oil field.
CALGARY, Alberta, June 19- Enbridge Inc said on Thursday the price tag to replace a major pipeline that exports Canadian crude oil to the U.S. had jumped 7 percent to C $7.5 billion because of labor costs, additional engineering work on its Hardisty, Alberta, crude terminal and a weaker Canadian dollar.
June 19- Enbridge Energy Partners LP said it would sell a 12.6 percent interest in its natural gas midstream business to partner Midcoast Energy Partners LP for $350 million. The deal will immediately add to the earnings of Midcoast Energy, which said it would finance it with debt.
June 19- Enbridge Energy Partners LP said it would sell a 12.6 percent interest in its natural gas midstream business to partner Midcoast Energy Partners LP for $350 million. Enbridge's interest in Midcoast Operating LP will fall to 48.4 percent after the sale, the company said. Enbridge said it would use the proceeds to help fund its pipeline expansion program.
OTTAWA/ VANCOUVER, June 18- Its decision to approve development of the controversial Northern Gateway oil pipeline could cost Canada's governing Conservatives critical support in British Columbia, where they will need a strong showing in the 2015 election to secure another majority in Parliament.
June 17- The Canadian government approved the construction of Enbridge Inc's C $7.9 billion Northern Gateway pipeline on Tuesday, setting the stage for a flurry of lawsuits from opponents who object to the project on environmental grounds.
June 17- The Canadian government approved the construction of Enbridge Inc's C $7.9 billion Northern Gateway pipeline on Tuesday, contingent on the company meeting all conditions set out in a report by a regulatory panel.
VANCOUVER, June 17- Opponents of Enbridge Inc's proposed Northern Gateway crude oil pipeline are vowing to ramp up their legal challenge to the politically charged project if Canada lives up to expectations and approves its construction.