Husky: The next big spin-out?
Globe and Mail – March 5, 2010
Husky brass gave a presentation to analysts this week that pointed to the potential for a corporate split that would see the Calgary-based company’s portfolio of Asian assets spun out as an independent publicly traded entity. Read more…
Energy players welcome reduction in red tape
Calgary Herald – March 5, 2010
The Tories will shift responsibility for energy project environmental assessments to the National Energy Board from the Canadian Environmental Assessment Agency, a bureaucracy-cutting decision that won kudos from the Canadian Energy Pipeline Association. Read more…
Tories pledge faster resource project reviews
Vancouver Sun – March 5, 2010
B.C. has been arguing that several billion dollars' worth of resource sector projects are unreasonably delayed because proponents must often duplicate their work. Read more…
Upgrader in cards for Canadian Natural
Calgary Herald – March 5, 2010
Canadian Natural Resources Ltd. has bucked industry trends to support -- in theory -- a plan to build an upgrader for a future Horizon oilsands project expansion, while casting a wary eye on the future of light-heavy oil differentials. Read more…
Enbridge testing gas storage in Ontario
Calgary Herald – March 5, 2010
An eye on growing shale gas production that could flow north from the United States has prompted Enbridge Inc. to announce a nonbinding open season for gas storage in Ontario. Read more…
Canada regulator OKs TransCanada shale gas plan
Reuters – March 5, 2010
Regulators on Thursday conditionally approved TransCanada Corp's plan for a $200 million pipeline, the first federally regulated shale gas transport system in Western Canada. Read more…
Rising oil sands costs 'a worry'
Globe and Mail – March 5, 2010
As energy giants rush back into the oil sands, surging demand for labour and equipment threatens to drive construction costs skyward once again. Read more…
Fairy tale realm no place for oilsands
Calgary Herald – March 5, 2010
When the special Oscar edition of the Hollywood trade publication, Variety, hits the stands today, it will contain a full-page ad presumably lobbying for Avatar to win the honours for best picture because of its apparent link to the oilsands. Read more…
Wind energy sector laments loss of incentives
Calgary Herald – March 4, 2010
Canada's wind energy industry said the budget's failure to continue a federal incentive program for new projects will lead to jobs and investments heading to the U.S. Read more…