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Spectra fourth quarter 2012 EBIT $72m, down from $137m in 2011

2012 Year-End Highlights at Spectra Energy “Throughout 2012 Spectra Energy’s fee-based businesses generated strong earnings and cash flows, helping to offset the effects of lower commodity prices,” said Greg Ebel,…

Water withdrawal suspension ended in northeast

By James Waterman Alaska Highway News The BC Oil and Gas Commission (OGC) announced that water withdrawal suspensions for the region have been brought to an end, again allowing companies…

Contract awarded for Texaco Bridge replacement at Buick Creek

FORT ST. JOHN – A $3-million contract has been awarded for the replacement of the Texaco Bridge on Buick Creek north of Fort St. John, improving the bridge for heavy…

NEB doesn’t recommend approval of Komie North section of Northwest Mainline Komie North project

CALGARY – The National Energy Board (NEB) recommended partial approval to the Governor in Council (GiC) for the Northwest Mainline Komie North Extension Project submitted by NOVA Gas Transmission Ltd…

Abu Dhabi helped finance Matt Damon’s anti-fracking movie

If such an obvious conflict of interest was committed by a corporation, it would form the plot of yet another anti-business movie. VICTORIA – Hollywood hates big business. Movies portraying…

NEB decision to deny TransCanada Komie pipeline a victory for Spectra Energy – Financial Post

Jeff Lewis writing in the Financial Times from Calgary reports: ”TransCanada Corp.’s advance into the remote shale gas fields of British Columbia has been temporarily stalled amid concern that a…

Rubin’s ‘facts’ on water and fracking refuted by IEA

In a recent special to the Globe and Mail, Jeff Rubin relied on examples taken out of context and incomplete analysis to argue that the coming era of American energy…

Fort Nelson First Nation Shale Gas and Water Townhall Meeting

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$9.8 million for January petroleum and natural gas sale

VICTORIA – The January 2013 petroleum and natural gas sale resulted in over $9.8 million in bonus bids, bring the fiscal year total to over $68.4 million. The January sale…

BC Oil & Gas Commission, PEA and BCGEU ratify deals

VICTORIA – The BC Oil and Gas Commission and members of both the Professional Employees Association and the BCGEU have now ratified their agreements reached under the 2012 Cooperative Gains…