Enbridge, Veresen, Williams to acquire condensate plant, pipeline from EOG: CP

Canadian Press


Enbridge, Veresen, Williams to acquire condensate plant, pipeline from EOG

Three North American pipeline companies including Calgary-based Enbridge Inc. (TSX:ENB) are buying a natural gas processing plant and pipeline in the U.S. Midwest from EOG Resources, Inc. (NYSE:EOG) for US$185 million.

The Stanley Condensate Recovery plant and Prairie Rose pipeline connect to the Alliance gas pipeline, which is owned 50-50 by Enbridge and Veresen Inc. (TSX: VSN), and will supply a Chicago-area processing plant operated by the partners.

Kitimat LNG Project Granted Extension: 250 News

250 News


Kitimat LNG Project Granted Extension

The proponents of the liquefied natural gas terminal to be built near Kitimat now have more time to start up construction.
  

The Environmental Assessment Office has granted an extension to the Kitimat LNG Operating General Partnership’s environmental assessment certificate. Under the original certificate, substantial construction had to be underway on the LNG terminal by June 1st of this year.

The Kitimat LNG Operating Partnership must now have substantial construction started on the project prior to June 1ST of 2016.

Canada firms may miss Chinese market   Enbridge VP warns energy sector must act: Calgary Herald

Calgary Herald


Canada firms may miss Chinese market  Enbridge VP warns energy sector must act

If Canada’s energy firms don’t start exporting to China now, others might beat them to it, according to an Enbridge Inc. vice-president. 

 The warning by Byron Neiles, who heads up major projects for the Calgary-based company, was one of several made by industry voices to delegates at a national forum in Calgary on doing business with Hong Kong, hosted by the Hong Kong Canada Business Association. 

They argued the window of opportunity to sell to China won’t always be open largely due to competition and the chance the world’s second largest economy may cease growing at its current staggering pace – reducing the money its investors can spend.

Shell says it’s looking at B.C. Coast for new LNG terminal: Vancouver Sun

Vancouver Sun


Shell says it’s looking at B.C. Coast for new LNG terminal

Shell Canada says it is investigating the potential for a new liquid natural gas terminal to be located on the B.C. coast.

Shell “is interested in, and currently exploring LNG opportunities along the B.C. coast,” Stephen Doolan, of Shell’s media relations department said in an email to The Sun.
“We are early in the evaluation process so do not have specific details but are pursuing opportunities,” he said. “Natural gas is a key area of growth for Shell. In terms of LNG, we will continue to invest in our global leadership position as demand continues to grow

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Tar Sands Express – Enbridge Northern Gateway Pipeline or the Railway? Watershed Sentinel

Watershed Sentinel

As billionaires invest in the railways and oil tanker traffic skyrockets along the BC coast, it looks as though the Enbridge Northern Gateway pipeline may have been a ruse all along  – a classic “bait and switch” – with a number of PR payoff ….

 By autumn 2008, CN Rail approached the Alberta government with its plan to move tar sands oil.  Alberta’s Energy Minister at the time, Mel Knight, told Dow Jones Newswire that CN and his government have had “very good meetings,” with CN believing that it could eventually transport 400,000 barrels per day from eastern Alberta to the West Coast of Canada. 

Just six months later, CN was estimating that it could transport 2.6 million barrels per day to the West Coast if 20,000 railcars were added to its fleet.
On April 15, 2009, the Financial Post’s Diane Francis reported that CN “will deliver the oil sands production through the use of insulated and heatable railcars or by reducing its viscosity by mixing it with condensates or diluents. The ‘scalability’ of the concept – up to millions of barrels per day – means that the railway can ramp up production cheaply and quickly to provide immediate cash flow to producers which otherwise will have to wait years for completion of upgraders and/or pipelines.

No real need for pipeline between oilsands and West Coast: bureaucrat: Vancouver Sun

Vancouver Sun


A multi-billion dollar pipeline project that would link the oilsands region to the coast of British Columbia offers new export capacity that the Canadian industry does not really need, senior bureaucrats have told the federal government… 

 The details of the federal assessment were released in over 300 pages of internal documents from Natural Resources Canada, obtained by Postmedia News, which also noted rising public opposition to Enbridge’s proposed project over concerns about oil spills that could plague pristine natural habitat on land and water — especially in light of recent accidents such as BP’s Gulf Coast well blow-out and an Enbridge crude oil pipeline rupture and leak into the Kalamazoo River in Michigan.

Editor’s note The Sun says Environmental Defence of Toronto filed the original Access To Information request.

First Nations “manipulated” by Americans on Enbridge: National Post columnist

National Post

Columnist Peter Foster

Northern Gateway is being ostensibly opposed by native groups. The question is how far those groups are being manipulated -and paid -by the green movement. Two weeks ago, aboriginal protestors ululated and banged on their drums outside the Enbridge annual meeting. They have also appeared at bank meetings, including that a few weeks ago of the Royal Bank of Scotland in Edinburgh. They are a permanent fixture at UN climate meetings…. 

And just how many informed natives do the protestors represent? One loud group, the Yinka Dene Alliance, has asserted its unyielding opposition to Northern Gateway, no matter how much training, and how many benefits and jobs, are provided to often desperately poor native communities. However, some observers suggest that the alliance represents only 150 people. According to Enbridge, some support the line, although the company is reluctant to identify them because it doesn’t want to stir potential conflict. This reflects the usual situation in which project proponents find themselves silenced while opponents are free to conspicuously drum their moral outrage….

National Post editorial board: Ottawa isn’t the oil sands’ enemy, Edmonton is

National Post

Editorial

National Post editorial board: Ottawa isn’t the oil sands’ enemy, Edmonton is

There’s an old adage in Alberta politics that when all else fails, bash Ottawa. Well, Alberta’s Tory government must feel itself at risk of failure, because it has begun making far-fetched claims about how its federal cousins ­­– Stephen Harper’s new Tory majority — have suddenly turned into anti-oil sands hypocrites bent on hobbling the project’s development with new environmental regulations just to win favour with central Canadian voters.

Alaska pipeline development doesn’t bode well for NWT project: Alberta Oil

Alberta Oil Magazine 

Darren Campbell column

As everyone returns to the office after the Victoria Day long weekend, supporters of the star-crossed Mackenzie Gas Project (MGP) are left to wonder what the future holds for the $16.2 billion proposed pipeline scheme now that BP plc and ConocoPhillips have announced they are dropping out of the race to build an Alaska natural gas pipeline.

What does a couple of Big Oil companies giving up on their plans to build a pipeline have to do with the fortunes of a project proposing to ship natural gas from the Northwest Territories’ Mackenzie Valley to southern markets?

TransCanada defends pipeline project in Washington

PostMedia News

Calgary-based TransCanada Corp. courted its U.S. congressional allies — and confronted its foes — on Monday amid an effort by Republicans to pass legislation forcing the Obama administration to approve the controversial Keystone XL pipeline before the end of 2011.
In testimony before the House subcommittee on energy and power, TransCanada executive Alex Pourbaix dismissed as “completely false” allegations by environmental groups that diluted bitumen from Alberta’s oilsands is more dangerous and corrosive to transport than conventional heavy oil.