March 11, 2010

Juniors left out of mining rebound
Globe and Mail – March 11, 2010

While the overall mining industry raised more equity in Canada than any other industry last year after suffering the most in the market meltdown of 2008, junior miners are still falling behind bigger players when it comes to finding cash. Read more…

BP, Devon to develop oil sands project
Calgary Herald – March 11, 2010

BP, which has not been a major player in the oil sands, said Thursday it will sell a 50 per cent stake in its Kirby leases for $500-million to Oklahoma-based Devon, which already has an oil sands project in the same area. Read more…

Alberta readies new royalty regime
Calgary Herald – March 11, 2010

The Conservative government’s planned competitiveness review, to be released Thursday at 3 p.m., is likely to lower the province’s take from conventional oil and gas production and bring royalty terms closer to the lower rates offered in neighbouring Saskatchewan and British Columbia. Read more…

Green energy bubbles
Financial Post – March 10, 2010

“Don’t try to catch a falling knife,” warned J.P. Morgan this week in a report that told investors the market continues to fall out of the solar panel module market. Read more…

Plutonic says confident of long-term BC Hydro deal
Reuters – March 10, 2010

The provincial utility said it intends to award long-delayed clean power contracts this month. Read more…

Alberta’s electrical power demand set to grow slowly: Capital Power
CanWest News Service – March 10, 2010

The demand for electrical power in Alberta, and the price consumers will pay, are both likely to grow slowly but steadily as the provincial economy begins to heat up, say Capital Power officials. Read more…

B.C. fuels fight with Ontario over bioenergy
Globe and Mail – March 10, 2010

The B.C. Premier plans to introduce a new Clean Energy Act this spring to exploit his province's beetle-killed forests as a bioenergy alternative, and to open up new energy trading opportunities across Western Canada and into the U.S. Read more…

Total to Start Production at Joslyn Oil Sands Project in 2017
Bloomberg – March 10, 2010

The project will be approved within two years, and the first phase will start production by 2017, he said. Read more…

More carrot than stick
CTV – March 10, 2010

Shareholders of Suncor Energy Inc. will soon know more about the costs of carbon in the company’s business. Owners of EnCana Corp. stock will learn about risks from an industry practice known as hydraulic fracturing. Enbridge Inc. will provide additional disclosure about its Northern Gateway oil-pipeline project.  The commitment to expanded disclosure about environmental issues came after talks with executives at Ethical Funds Co., an institutional investor with social responsibility as part of its core mission. Read more…

California watchdog sees climate policy job losses
Reuters – March 9, 2010

California is likely to see modest job losses in the near term from its aggressive climate change policy due to higher energy costs and other factors, the state's independent Legislative Analyst's Office said. Read more…