Julie's Feed
Jan 31, 2014

TransCanada lauds U.S. review of Keystone XL project

CALGARY/VANCOUVER Jan 31 (Reuters) – TransCanada Corp’s
chief executive welcomed a favorable U.S. environmental
review of the company’s Keystone XL project on Friday, calling
the report an important milestone for the final approval of the
controversial pipeline.

The U.S. State Department issued its long-awaited Final
Supplemental Environmental Impact Statement on the $5.3 billion
pipeline project on Friday. It concluded that allowing the line
to proceed would not raise the pace of development in Canada’s
oil sands, a key argument of the pipeline’s opponents.

Jan 6, 2014

Canada PM says confident Keystone XL pipeline will be approved

VANCOUVER, Jan 6 (Reuters) – Canadian Prime Minister Stephen
Harper said on Monday he was confident that TransCanada Corp’s
controversial Keystone XL pipeline would be eventually
approved by U.S. authorities.

U.S. President Barack Obama is set this year to decide the
fate of the northern leg of the proposed project, which would
carry crude from the Alberta oil sands in Canada to the U.S.
Gulf Coast. Obama is under heavy pressure from environmental
activists to block the pipeline.

Jan 6, 2014

Canada’s Harper sees brighter 2014, cites U.S. growth

VANCOUVER, Jan 6 (Reuters) – Canadian Prime Minister Stephen
Harper said on Monday he is more optimistic about the economy in
2014 than in past years because of evidence of stronger growth
in the United States and a comeback in Europe.

While the export-dependent Canadian economy will inevitably
be buffeted by global ups and downs, its fundamentals are
strong, Harper said, citing the country’s fiscal record, banking
sector and labor force.

Dec 23, 2013

Canadian aboriginals dig in as pipeline decision nears

CALGARY/VANCOUVER, Dec 23 (Reuters) – Canada’s push to build
its first major conduit for shipping oil to Asia took a step
forward last week, but the government’s fractious relations with
the country’s aboriginal First Nations still loom as a
formidable obstacle to the project.

Native groups in British Columbia are promising legal action
and civil unrest after regulators on Thursday gave their
blessing to Enbridge Inc’s C$7.9 billion ($7.4 billion)
Northern Gateway pipeline. That could scupper the project
outright, or at least delay construction of the 1,177-kilometer
(730-mile) line for years.

Dec 20, 2013

Canada regulator urges approval of oil-export pipeline

CALGARY/VANCOUVER, Dec 19 (Reuters) – Canadian regulators
urged the government to approve the country’s first overseas
oil-export project on Thursday, concluding that Enbridge Inc’s
C$7.9 billion (US$7.4 billion) Northern Gateway
pipeline plan posed little risk to the environment if the
company complied with some 200 conditions.

Two years after a panel of environmental and energy
regulators began hearings into the project, it sided against the
line’s many opponents and recommended the completion of a
project that would allow Canada to expand sales of crude
extracted from its oil sands to Asia.

Dec 12, 2013

British Columbia minister pushes Taseko mine with Ottawa visit

VANCOUVER, Dec 12 (Reuters) – British Columbia is courting
federal support for a copper-gold mining project in the Canadian
province’s interior, which a federal review panel recommended be
rejected due to significant risks to the environment and local
communities.

The province’s minister of energy and mines, Bill Bennett,
was in Ottawa on Thursday to meet with federal ministers on the
New Prosperity project, owned by Taseko Mines Ltd,
ahead of a final ruling by federal regulators.

Dec 12, 2013

Fortis to buy UNS Energy for about $2.5 bln

Dec 11 (Reuters) – Fortis Inc has reached a
friendly deal to buy Arizona-focused utility UNS Energy Corp
for about $2.5 billion in cash, the Canadian power
company said on Wednesday, as it looks to expand its presence in
the United States.

The deal, which will also see Fortis take on about $1.8
billion of UNS debt, highlights an increased focus in North
American markets on rate-regulated operations, over deregulated
merchant power.

Dec 5, 2013

Canada must do more to engage aboriginals on pipelines -report

VANCOUVER, Dec 5 (Reuters) – Canada must do more to build
trust with aboriginal communities to win their support for
resource projects such as oil pipelines and natural gas
terminals, a report said on Thursday.

“There has not been a constructive dialogue about energy
projects. Aboriginal leaders are prepared to engage and Canada
will need to address issues on their agenda,” Douglas Eyford,
the federal government’s special representative on west coast
energy infrastructure, said in the 58-page report.

Dec 3, 2013

Canada panel urges better response plan for oil spills

VANCOUVER, Dec 3 (Reuters) – Canada must be better prepared
to respond to major oil spills if more crude starts to flow in
pipelines to the country’s Pacific Coast, a government panel
said on Tuesday, as fears of a major marine disaster grow.

The report by the federal transport department makes 45
recommendations, including ensuring companies are prepared for a
worst-case scenario and new guarantees that taxpayers will not
be liable for costs related to spills in Canadian waters.

Dec 1, 2013

Canada LNG export plans to get boost but doubts linger

VANCOUVER, Dec 1 (Reuters) – British Columbia is finalizing
tax rules for companies seeking to export Canadian natural gas
to Asia. But energy experts question how many of the dozen
export terminals planned for the Pacific coast will actually
get built.

Other countries, including the United States, are ahead of
Canada in the race to export liquefied natural gas (LNG), a fuel
that fetches far more in energy hungry Asia than in North
America.

    • About Julie

      "I currently cover mining and minerals out of the Toronto bureau, where I focus on uranium, silver, platinum, lithium and REEs. Prior to moving to the mining sector, I worked as an online editor and video producer for Reuters.com. I started at Reuters as a TV intern in Chile and before that, I freelanced in Eastern Europe and spent eight months living in the Galapagos Islands."
    • More from Julie

    • Contact Julie

    • Follow Julie