Gordon Jaremko worked as a reporter and editor for Canadian daily newspapers, wire services and monthly magazines for 38 years in Calgary, Edmonton and Ottawa, primarily covering politics, economics and business with emphasis on the Alberta petroleum industry. He has contributed to four books and has become an independent contractor engaged on two history projects. He has been contributing to Intelligence Press since 1986.
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Articles from Gordon Jaremko
Woodfibre Granted Extension to Build BC LNG Export Facility
A five-year construction deadline extension has been granted to the C$1.6 billion ($1.2 billion) Woodfibre liquefied natural gas (LNG) export project on the southern Pacific coast of British Columbia (BC). The BC Environmental Assessment Office (BCEAO) set a new permit expiry date of October 2025. The schedule extension does not create hazards or harm rights…
October 28, 2020
Canada’s Cenovus, Husky to Swap Shares, Combine in C$23.6B Deal
Cenovus Energy Inc. announced Sunday it would take over Canadian oil and gas rival Husky Energy Inc., combining two of the country’s top producers, in a share swap valued at C$3.8 billion ($2.85 billion). Total estimated value of the transaction, including debt, is C$23.6 billion ($17.7 billion). The run rate synergies achieved by the corporate…
October 26, 2020
Montney, Deep Basin Plays to Boost Natural Gas Supply to Pacific Northwest, California, Says NGTL
Canadian natural gas exports are set to increase to the U.S. Pacific Northwest and California in the next 10 years, according to the developer of a proposed C$355.5 million ($267 million) pipeline expansion project. The proposed West Path 2023 expansion of TC Energy Corp.’s pipeline grid in Alberta and British Columbia, Nova Gas Transmission Ltd.…
October 26, 2020
Canada’s Cenovus, Husky Cite Synergies in Merger Worth C$23.6B
Cenovus Energy Inc. announced Sunday it would take over Canadian oil and gas rival Husky Energy Inc., combining two of the country’s top producers, in a share swap valued at C$3.8 billion ($2.85 billion). Total estimated value of the transaction, including debt, is C$23.6 billion ($17.7 billion). The run rate synergies achieved by the corporate…
October 26, 2020
NGTL Proposes Expansion in Western Canada to Serve U.S. Northwest, California
Canadian natural gas exports will increase to the Pacific Northwest region of the United States and California in the next 10 years, according to the developer of a proposed C$355.5-million ($267-million) pipeline expansion project. The proposed West Path 2023 expansion of TC Energy Corp.’s pipeline grid in Alberta and British Columbia, Nova Gas Transmission Ltd.…
October 23, 2020
NGTL’s 3.5 Bcf/d Expansion Gets Green Light for December Construction Start
Construction is scheduled to start in December on a 3.5 Bcf/d capacity expansion by TC Energy Corp.’s supply collection network in Alberta and British Columbia, Nova Gas Transmission Ltd. (NGTL). The Calgary pipeline conglomerate set the target date Tuesday for the C$2.3 billion ($1.7 billion) project, dubbed the 2021 NGTL System Expansion after the federal…
October 21, 2020
Alberta E&P Taxes to Decline on Government Response to Covid-19
Alberta natural gas and oil producers predict their annual taxes will drop by C$85 million ($64 million) thanks to provincial and municipal reductions announced Monday as a response to the Covid-19 andemic. The relief program for exploration and production (E&P) companies cuts levies on wells, drilling equipment, pipelines and industrial property for three years. While…
October 20, 2020
Enbridge Line 3 Permit Upheld; Construction to Start by Year’s End
A favorable environmental verdict has enabled $2.6 billion in construction to start this year on a contested 340-mile leg of a Canadian oil export pipe replacement project across Minnesota, according to Enbridge Inc. “Enbridge continues to work with permitting agencies for the timely issuance of remaining permits in order for construction to start before year-end…
October 19, 2020
Keyera’s Pipestone Boosts Montney Shale Natural Gas, NGL Processing Capacity
Daily processing capacity in the Montney Shale, which straddles northern Alberta and British Columbia, has jumped by 200 MMcf natural gas and 24,000 bbl of liquid byproducts after Keyera’s Pipestone complex ramped up on Tuesday. Pipestone, about 375 miles northwest of the Alberta capital in Edmonton, was finished five months ahead of schedule and within…
October 14, 2020
Canada’s Trans Mountain Pipeline Secures Reroute Agreement With BC Tribal Leaders
A seven-year dispute has ended in an agreement by Trans Mountain Pipeline to reroute its expansion project by building a bypass around a native rights sore spot in southern British Columbia (BC). The deal, filed late Friday with the Canada Energy Regulator (CER), charts the new course to avoid risking contamination of a subterranean aquifer…
October 12, 2020