Gordon Jaremko

TC Energy Corp. called an immediate halt today to work on Keystone XL (KXL) as President Biden was expected to keep an election promise to revoke the U.S. construction permit for the $8 billion oil pipeline on Wednesday. “Advancement of the project will be suspended,” said the Calgary firm. Unless attempts to recover costs to…

Canadian leaders are vowing to rescue TC Energy Corp.’s Keystone XL (KXL) — or sue for damages — from a plan for incoming President Biden to cancel the U.S. presidential permit for the $8 billion oil export pipeline project. KXL stands out as an 830,000 b/d growth enabler for Canada’s top natural gas user, Alberta…

Construction schedules are under review in British Columbia (BC) for its entry into the global natural gas export market as a result of labor force limits that provincial public health authorities adopted to counter the impacts from the pandemic. “Long-term impacts to the overall schedule continue to be assessed,” said TC Energy Corp. Vice President…

Enbridge Inc. served notice Tuesday that Canadian oil would continue to flow across the Straits of Mackinac regardless of an order by Michigan’s executive branch to shut down the 540,000 b/d Line 5 in mid-May. Gov. Gretchen Whitmer and Attorney General Dana Nessel have no power to enforce their notice issued in November that the…

TC Energy Corp. is gauging support to add up to 80,000 b/d of new oil capacity to the 11-year-old Keystone XL pipeline that moves supply from Alberta to U.S. markets. The open season, running until Feb. 19, is testing interest and gathering shipper bids. Agreements would be completed within 60 days after a March 26…

Failure to revive a mothballed production project prompted Calgary-based Suncor Energy Inc. to announce Tuesday a C$425 million ($319 million) write down on its 27.5% share of an oilfield offshore of Newfoundland. Suncor said majority owner Husky Energy Inc. stranded a 200 million bbl White Rose field addition by suspending construction when the Covid-19 virus…

An extra C$20 million ($15 million) has been added to construction costs of the Trans Mountain Pipeline expansion for a detour around a southern British Columbia (BC) native tribe, according to evidence before the Canada Energy Regulator (CER). The oil pipeline’s route change raises the expense of steering the project past the Coldwater Indian Band…

Up to 44,000 potential customers qualify for an Ontario subsidy program created to cover costs of natural gas service expansions, says the Canadian province’s utility regulator. The Ontario Energy Board (OEB) identified the aid candidates with a review of regional gaps in natural gas distribution networks. The inquiry generated a list of 210 eligible projects.…

The Canadian natural gas industry faces “a high degree of uncertainty,” according to TC Energy Corp.’s supply collection grid in Alberta and British Columbia (BC), Nova Gas Transmission Ltd. (NGTL). Political and economic risks jeopardize up to C$3 billion ($2.3 billion) of additions that the pipeline network would build if the industry fulfilled its potential,…